What do you do with your airdrop money? - page 3.

aima55

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

The title says it all, what did you guys do with the airdrop you got from projects?
Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

I got $2,000 worth of JUP, which I honestly didn’t expect. I was just using the chain regularly because it was the top choice in 2023. I decided to invest the airdrop into solana memes, but most of those tokens are practically worthless now, so I ended up losing $2,000 without actually doing much.

Later, I received Wen airdrop, also unexpected. almost impossible to miss if you’ve held onto Bonk.

Now, I’m looking forward to my next airdrop, probably DOGS. I farmed with four accounts and also jumped on Bitget’s 200% DOGS cashback deals after seeing it floating around and predicted to be around $20,000.

libert19

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Holding portion of received airdrops, and rest i'm reinvesting into alts with high profit potential, hopefully that happens and then planning to rotate those funds into safe cryptos like Bitcoin and Ethereum.

But if financial condition requires, I'd sell everything for fiat irrespective of price.

MAAManda

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

Depending on my financial condition and depending on market conditions, if I really need that money, I'll not make any strategy such as increasing the size of my crypto portfolio. Even if I don't really need the money for real world needs, I then look at market conditions, whether the market is good or not, I choose to increase the amount of my investment if market conditions are not good, which means I can get a better price. And if market conditions are good, I'll withdraw the money into FIAT or hold stablecoins in my portfolio.

malcovi2

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sell 80% and hodl the rest

the 80% would be likely to be put on a better altcoin that has a tech and a bigger community.

rhodelmabanal

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

The title says it all, what did you guys do with the airdrop you got from projects?
Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

The very best thing to do with the airdrop money is to invest in different altcoins that you think will rise in the near future,it is good to invest than using it in things that is not important or wasting it,if we invested it there is a possibility that it will become double while if you spend it it will loss.

Crypt0Gore

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It is either people sell the airdrop for money to survive or they sell and invest the money into other stronger altcoins, you don't need to ask this question because there is no other answer than spending the money to survive or reinvesting, what more do you want to hear?

The best airdrops are already over, I doubt that we will see airdrops with thousand of dollars per participants again, for example the likes of Arbitrum and few others.

To all airdrop hunters on here, things won't always be the same, it is better to start learning new ways to make some money from now on, because airdrops are becoming over saturated already, a time will come where a pass will be necessary to partake in any airdrops in future.

CK485

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

The title says it all, what did you guys do with the airdrop you got from projects?
Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

by getting direct airdrop funds I will first save it,and start looking for other airdrops that have the potential to generate, and wait for the opportunity to get it back, until it has been collected a lot, if it has been collected I will buy coins that are priced according to the airdrop funds I get, even though it takes a long time to get it all.

asriloni

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

The title says it all, what did you guys do with the airdrop you got from projects?

Stake, Re-invest, and withdraw some. I won't fully use my airdrop reward for staking and investing. But, I must withdraw some for urgent funds.

Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

That's good to hear, and it seems you're financially good. That's why you ain't care to withdraw some.

Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

That's true. We're going to have another NOT soon, and that's DOGs. I'm feeling so pumped with DOGs's listing. In fact, major supports from almost all of the exchange sites drive the hype of DOGs.

And Binance listing is a key for DOGs to follow NOT coin's path.

Hewlet

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The strategy is to convert a less valuable asset into a more valuable or stable asset.

Though I haven't gained that much from airdrop Money, I believe that the proceeds of Airdrops is better reinvested into a stronger asset except when you have a more demanding need to use the money for and you can then decide to make use of it. The mistake you will regret making when an airdrop eventually pays is to try holding it. In most cases it usually dumps cause a lot of people will sell off theirs immediately they've been paid. Again, airdrop money is not free money as some people assume. The task and all the things you had to do before you became eligible to receive the pay isn't something that's less demanding and that should give you the impression that loosing your money from airdrop isn't a big deal. Some folks have made plans to gamble with thier airdrop money since it's actually a free Money. I'm not against gambling and also do gamble occasionally but classifying airdrop money as free money that should be misused is totally wrong. It's either you're spending the aidrop money on yourself or you should importantly reinvest it into a more stable digital asset.

kbhutto

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When I get paid from the airdrop, I will immediately sell it and replace it with coins that have good potential. As long as I play the airdrop, many of the tokens I get have no value, so when the payment comes in from the airdrop, the cell immediately exchanges it for several coins and I continue to keep it. The coins are the result of my investment with airdrop.

Fiatless

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Quote from: R1dwanRz on August 21, 2024, 10:13:37 PM

The title says it all, what did you guys do with the airdrop you got from projects?
Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

I have not been so lucky with airdrops. Most of them that I engaged in either ended as a fake project or became worthless. But some people have made some good money from it, so I still engage in some of these telegram airdrops hoping that it will pay one day.

Quote

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

It will depend on the amount that I got after the sale of the airdrop. I might consider buying a high-rank altcoin from my profit if the funds are less than $500. If it is above the stated sum, investing in Bitcoin or starting a small-scale business in a rural area might be my next investment target.

mich

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Well I have not gotten any air drops in a long time. But when I did get the tokens I did right away fast sell them for Bitcoin. Well this is if I could do that some of the tokens was not worth anything on the exchanges.
But there is also many times the air dropped tokens was worth nothing. I have not used the air dropped tokens to stake on a air drop event. I did like to stake tokens in the past but now I always want to control my coins.

shinratensei_

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Reinvesting is the way.

we can just cash out when the coin has reached peak price or when you think you already got good enough airdrop and find some coin with actually good fundamental and invest from the very bottom.
can also use the money to catch the dips too adding some value to your BTC DCA, i think there are many ways.

however, I also have used some of the airdrop money to stake on other airdrop event, i call it airdrop compunding investment Grin

.

R1dwanRz

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Activity: 168

Merit: 1

The title says it all, what did you guys do with the airdrop you got from projects?
Well my story is that there was an XLM airdrop that happened on Keybase. Luckily I got eligible for the airdrop and since then, I have used that kind of money to invest and increase my portfolio with more altcoins.

Although I am still hunting more airdrops, y'all already know that NOT airdrop blessed us with a good price. No one got bad allocation, but I guess it's according to the tapping effort they have made.. Similarly, these days the airdrop came back again with DOGS. Which I am sure you guys have already seen it thousands of times.. So tell me your strategies guys, it would be helpful to know more about how you use airdrop funds.

Topic: What do you do with your airdrop money? - page 3. (Read 631 times)