Pages:
Author

Topic: Should I sell my airdropped tokens quickly or hold on to them? - page 2. (Read 2948 times)

full member
Activity: 378
Merit: 100
In my opinion its better if you sell it quickly because some airdrop tokens are sometimes instantly have no value, so if you have airdrop token sell it immediately. But some are good to hold because there's possible to grow it in 1-3 years, but its hard to predict if there's value after you get it. So i think if I have airdrop token I will sell it right away
newbie
Activity: 93
Merit: 0
Well, it depends on the token you have. Some tokens are good for long term hold some are just for a short term hold. But as long as you think you have to dump a token don't hesitate because you might end up holding a trash in both hands Smiley
full member
Activity: 490
Merit: 110
This bitcoin white had great value, but it seems to be dropping of late, ever since it get into exchanges. Do you suppose I should sell once I see the high value or keep it more? The eBTC token had some high values but it is the highest value ever now.
full member
Activity: 280
Merit: 100
Almost always this happens when people get free coins, most sell them at once, the bulk of the coins do not have a great price. You have to study the coins that you have. Maybe you have coins that will bring you great profits worth just waiting for.
full member
Activity: 490
Merit: 110
I belie this is down to some factors like personal strategy, the project etc.
For example; i got airdrop for Pareto, Poly and hydro tokens, I am definitely selling off hydro wen d price looks good because I font have confidence in their long term goals but poly & pareto are tokens I believe will do great things and I am happy to Hodl while taking profits occasionally.
Its down to personal strategy though but I will advice you make research,
Its not possible to get it %100 right but if you make your research you'll get it right more times than not.
I have heard about pareto being shilled. When was it airdropped? It must be the period when I stopped applying to airdrops, lol.
member
Activity: 145
Merit: 10
Well, once I got few thousand tokens of some shitcoin and sold it like a week after I got em. 1 month later the price jumped around twenty times XD. You can always do some research and speculate the price or if you are good at TA you can try this too. If you see no potential for the future of the coin then dump em, no need to hold in this situation.
full member
Activity: 322
Merit: 101
I prefer to HODL my airdrops.  It only takes 1 big winner to put you on the moon.  I like the odds of 1 winner than selling hundreds of them at smaller gains. 

I agree with you. For me the same. In addition, I am actually also not joining every airdrop. Even it is often not an easy exercise to identify projects with potential, I try only to focus on those, where I did some research and figured out some kind of potential. Let's see, what 2018 will still bring. For tax reason it is also easier.
jr. member
Activity: 30
Merit: 1
I prefer to HODL my airdrops.  It only takes 1 big winner to put you on the moon.  I like the odds of 1 winner than selling hundreds of them at smaller gains. 
full member
Activity: 336
Merit: 100
Its your own choice if you want to sell it quickly but i think airdrop tokens at first has no price , and the community of the airdrop tokens are searching for investors to make those tokens legit. Most airdrops tokens are no value even if there is an active community in it , because there is no developer of the token. Few tokens receives in airdrops has the potential to have a high price once they hit big exchanges.
member
Activity: 350
Merit: 11
It all depends on the token. It happens that they can be lying half a year - a year, rise in price, and pretty much. But as an option, always after the receipt of the tokens on your wallet, sell them and translate for example into the etherium.
member
Activity: 854
Merit: 21
Your airdropped tokens aren't same, and haven't the same potential and value. So you need to study each project before taking the decision, since there is some tokens having the potential to go up in the future, so it is better to hold them. But generally most airdropped tokens haven't good value and it is good to sell them as soon as possible.

True that because most airdrops are done in order to increase the circulating supply of tokens and most tokens airdropped have very little value.
But some have good value and will make a good Hodl
sr. member
Activity: 552
Merit: 250
Your airdropped tokens aren't same, and haven't the same potential and value. So you need to study each project before taking the decision, since there is some tokens having the potential to go up in the future, so it is better to hold them. But generally most airdropped tokens haven't good value and it is good to sell them as soon as possible.
member
Activity: 854
Merit: 21
I belie this is down to some factors like personal strategy, the project etc.
For example; i got airdrop for Pareto, Poly and hydro tokens, I am definitely selling off hydro wen d price looks good because I font have confidence in their long term goals but poly & pareto are tokens I believe will do great things and I am happy to Hodl while taking profits occasionally.
Its down to personal strategy though but I will advice you make research,
Its not possible to get it %100 right but if you make your research you'll get it right more times than not.
full member
Activity: 490
Merit: 110
Yeah, some of the tokens go away and you have to swap them or something. I had this red token, and I had 1500 of it. I see that its price increased but they had an error in their code, so I sold 1000 of it for 0.5 ETH. They did the swap, I still have 500 of the new token, and its price is close to zero to the best of my knowledge.
On the other hand, I kept up with the HAT swap, and it is still worth something. So, I think it depends on the evaluators I guess.
Anyone with a good airdropped token recommendation?
newbie
Activity: 28
Merit: 2
If you believe in the project is better to sell 50% and keep the rest for long term.
Airdrop tokens amount comparing with early private investors is peanuts.
full member
Activity: 504
Merit: 131
Hello,
Yesterday I saw some increase in my total estimated token value, and today it dropped significantly.
It appears that a lot of people are selling their airdropped tokens as soon as they get them.
I have not sold a single token from airdrops, and with the exception of some them, they seem to be mostly losing value in time.
Should I do the same or hodl hoping that some of them may increase in value, closing the gap I lose in the process?

most airdropped token get first traded on ED and Idex. The price there not really significant. Check if there is the potential for bigger exchange and if there is a telegram channel. That might give you better insight what is planned like exchange listing or additional airdrops for HODLers. I am sceptical if the % of total tokens dropped is too high.
member
Activity: 224
Merit: 11
Hello,
Yesterday I saw some increase in my total estimated token value, and today it dropped significantly.
It appears that a lot of people are selling their airdropped tokens as soon as they get them.
I have not sold a single token from airdrops, and with the exception of some them, they seem to be mostly losing value in time.
Should I do the same or hodl hoping that some of them may increase in value, closing the gap I lose in the process?
Holding it for few more months will maximize your profits from these ICO/bounty tokens.That is why i strongly recommended to hold these coins because you have received it for free and you wont have anything to lose.Holders will always win,and weaak hands will always fall from the market.
newbie
Activity: 140
Merit: 0
Hello,
Yesterday I saw some increase in my total estimated token value, and today it dropped significantly.
It appears that a lot of people are selling their airdropped tokens as soon as they get them.
I have not sold a single token from airdrops, and with the exception of some them, they seem to be mostly losing value in time.
Should I do the same or hodl hoping that some of them may increase in value, closing the gap I lose in the process?

Airdrops are usually handed out before an ICO begins or while it is running. Therefore, if you want to gain profit from it, the best thing is to wait for it until such time that the coins from the ICOs are given their true value instead of their pre-ICO values. Remember that airdrops are geared to introduce the coin, thus, they only hand out a few amount, so they can give them out to more people. Thus, since the expectation is you would only get a few, then just wait for the time it would get the biggest value, maybe for about 2-3 months to make the best out of those coins.
rbt
full member
Activity: 266
Merit: 101
As far as I see, the consensus seem to be "dump immediately". Indeed, most of the people sell their airdropped tokens as soon as they receive them, so the price will drop regardless how good the project is. Nobody seems to care about the project, the team... Yeah, I know it`s free money, but I don`t know if it worth the time to hunt the airdrops, to complete the tasks, to register and then to sell the tokens for a few dollars. I prefer to wait and, if I like the project, to even buy some of the dumped tokens. Also, I try to avoid airdrops who are clearly pump and dump projects.
member
Activity: 154
Merit: 25
As many of the people pointed out before me, selling them as soon as you get them may not be the best strategy. For ERC20 tokens for example you have to pay the gas to send the tokens from your wallet to an exchange and then pay the fee again to receive the ETH or BTC or what you sold them for. If the price you receive from the tokens is larger than the cost of doing so, then it would make sense to do just that.

But since you payed nothing to receive the airdropped tokens, I think it would be best to hold them, because holding bears no cost for you, except the opportunity cost. Even if 90% of them are shitcoins and the team behind them will do nothing, there are still 10% that could see their utility value increase once the team finishes the project and would make more sense to keep them to use them yourself or sell when there is actual demand for the tokens.

Definitely this - I think you want to be fairly discriminating with airdrops anyway. So many are utter rubbish, it's not even worth the effort of filling out five fields on a sign up form.
Pages:
Jump to: