Investing in tokens for long-term hodl has always been my preference, watching their value increase over time is incredibly satisfying as a crypto investor. However, I've recently been intrigued by individuals who earn cryptocurrency through simple tasks and see their portfolios grow.
That's okay if they earn with simple tasks and I think that you're talking about the airdrops, they're common nowadays or should I say that they're mostly common during the bull run. There are so much airdrops that are coming and for this reason, this makes all of those airdroppers to have more money during this bull run and those have been taken for free but with some fees needed to pursue the tasks.
While I've always enjoyed purchasing tokens, I've been exposed to new ways of earning free crypto through various cryptocurrency discussion forums. Platforms like Layer3 offer quests where users can earn XP, which can lead to airdrops. Additionally, exchanges incentivize users with tokens for completing tasks and spinning wheels. It's fascinating to see how people can discover and earn new cryptocurrencies through these methods.
It's not new discovery, they've been there for so long and they just being hyped due to the potential rewards and value that they're going to distribute later on. And it's even being done by this time because more people get into the market just to do airdrops and they're participating almost every project that they can and then later on, they'll simply dump all of those tokens that they've earned.
As a crypto investor, is it taboo to inquire about opportunities to earn free tokens? Some believe that airdrops will kickstart the 2024 bull market, and based on current trends, I can see why. For those who participate in these tasks, how do you identify the most lucrative and rewarding opportunities?
Just do your own thing. If you're an investor and lazy into airdrops, that's fine. Many are like that even I but you can't stop people from doing those airdrops. It is their time and mind that's being spent on it with some fees that they have to do for bridging and testing the mainnets of those projects.