Why dump your free coins? - page 2. | Bitcointalksearch.org

elegion

member

Activity: 108

Merit: 10

Quote from: Madmats on November 04, 2017, 11:55:39 AM

I'm sure many people dump due to rising price of bitcoin. My thoughts are, why not just hodl what you have been given in most cases free and help support the project that is graciously giving you these coins/tokens. Greed tends to take over. I will continue to hodl all airdrops I have received and if down the road pays off then cheers!! If any or all become extinct than so be it. It is very important for the success of each project to show full support in these regards. Stay true and hodl my friends especially when it cost you next to nothing but a few minutes of your time. Hodl is the only way

Here, Here! I second that, no truer words have ever been spoken. For example, we've got a lot of people selling their Bitcoin Gold before even giving it a chance and many are still hating themselves for selling their Bitcoin Cash at the very beginning, don't be those people. If you're currently holding any BitcoinGold then give it a few months or a few years before making any big decisions.

sigtmerchant

member

Activity: 182

Merit: 11

Most of airdrops are tiny in value, so unless you cheat I don't see other way to accumulate # of coins requires for a minimum trade volume on any exchange.

Madmats

full member

Activity: 124

Merit: 100

Community Manager - WLC

I'm sure many people dump due to rising price of bitcoin. My thoughts are, why not just hodl what you have been given in most cases free and help support the project that is graciously giving you these coins/tokens. Greed tends to take over. I will continue to hodl all airdrops I have received and if down the road pays off then cheers!! If any or all become extinct than so be it. It is very important for the success of each project to show full support in these regards. Stay true and hodl my friends especially when it cost you next to nothing but a few minutes of your time. Hodl is the only way

Boseda

sr. member

Activity: 448

Merit: 250

Many people dump free coins from airdrops just because they think such coins have no future. So it's better to convert to ETH or BTC before it's too late and they get delisted from exchanges...

Stedsm

legendary

Activity: 3052

Merit: 1273

Crypto world consists mostly noobs who just want to make quick bucks without having to do anything, but free.
These noobs don't like to wait specially when they get it for free because, when they know they got something that gets pumped initially, get too much scared of the possibility of that coin to become something which will have some worth in the future. All just because it's free.
It is said that only a true "Bitcoiner" knows the real value of "Bitcoins", others are just dead-fall.

Shivasenap

member

Activity: 94

Merit: 10

Nowadays airdropped coins are all eShitcoins. I dumped all eShitcoins but I didnt with other coins. Hold eShitcoins gives you nothing.

sigtmerchant

member

Activity: 182

Merit: 11

Quote from: Commie on November 04, 2017, 09:55:53 AM

Not everyone dumps them. I know lots of people who mine, collect airdops, do bounties on as many coins as they can and keep them all. Even if 95% of them are dear in a year or two the rest might give you some juicy profits, and if not - what do you really lose? Right, nothing except a bit of your time.

Good point! Welcome to shitcoin lovers club mate

Commie

full member

Activity: 621

Merit: 108

Not everyone dumps them. I know lots of people who mine, collect airdops, do bounties on as many coins as they can and keep them all. Even if 95% of them are dear in a year or two the rest might give you some juicy profits, and if not - what do you really lose? Right, nothing except a bit of your time.

monkeydominicorobin

full member

Activity: 294

Merit: 104

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: ecfel on November 02, 2017, 08:50:06 PM

Hi everyone,

im new to airdrop but i encountered bitcoin in 2015 and learn my lesson. since i encash my 3.8 BTC in 2015.
you do the math i kinda lost the opportunity and dont want to make that mistake again especially with airdrop in which
i got the coins for free.

I kinda felt bad for bitbase and other people who just dupm their free coins where it has a potential to be so much more.

Im planning to hold mine for atleast 2 years. if i really need the money.

I was skeptical before but im done being skeptical with cryptocurrency. I already paid my price.

Good for you. That is right. Keep your money to yourself.

hahahafr

hero member

Activity: 938

Merit: 501

If you receive something valuable for free, would you keep it or sell it? most airdrop coins are shitty ones, and they are not even worth $1 each one, because there are billions of them in circulation.
Honestly, i dont even trust in deeponion and it is one of the most trusted airdrops, but who knows, maybe people are only joining airdrops in order to sell those free coins later.
The same applies to bitcoin gold and bitcoin cash, dumping them was the best desicion that i took.

chefcryptoshark

newbie

Activity: 54

Merit: 0

Quote from: ecfel on November 02, 2017, 08:50:06 PM

Hi everyone,

im new to airdrop but i encountered bitcoin in 2015 and learn my lesson. since i encash my 3.8 BTC in 2015.
you do the math i kinda lost the opportunity and dont want to make that mistake again especially with airdrop in which
i got the coins for free.

I kinda felt bad for bitbase and other people who just dupm their free coins where it has a potential to be so much more.

Im planning to hold mine for atleast 2 years. if i really need the money.

I was skeptical before but im done being skeptical with cryptocurrency. I already paid my price.

I think now, more than ever, is a time to accumulate different coins at low prices. My strategy with airdropped coins/tokens is to just sit on them for a good time, and have them be the "outlier" portfolio that someday might surprise me.

frauswif

member

Activity: 166

Merit: 10

Personally, I hold almost all the airdropped coins I get. While it is possible to make small amounts by selling them right away (usually less than $50) it isn't worth the trouble to me, and you can't really tell which ones have a future (though there are signs that indicate more or less potential). Even ones without a new tech behind them could catch on in some niche context or become popular with a specific community/subculture. I feel like it is just impossible to really tell so I hang onto them and plan to check back in a year or so. Good luck!

lprytk

jr. member

Activity: 53

Merit: 10

people dump these free coins because of they aren't really profitable coins. Also airdrop owners aren't liable for holding these coins. if i see a true and successible projects i will hold their coins for later.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Since they are merely free coins from recently-concluded forks, it's best to just monetize them and use the money/cash into some other ventures like investing into another altcoin or whatnot. Also, there are no stability or guarantees on these said coins, so why not dump it off while it still have some value and not be left with paperweight?

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

As the name suggests, they are merely free coins and people see this as free money. With that in mind, people will start to sell them of as soon as they are listed in the exchange because more often than not, the prices of these free coins tend to nose dive. They will not take the risk of having a much lower value of it if they just hold these coins.

Hermes Mercury

member

Activity: 318

Merit: 21

Law of supply and demand, so is the market has its pos and cons, the secret is to find the right time,

fourpiece

full member

Activity: 821

Merit: 101

Im tired with airdrops ,joining into different airdrop campaign and recieved thier token but the sad part is they are all scam coins, tradable but no value at all, causs theres no even a single order.

xCRYPTO

newbie

Activity: 26

Merit: 0

Quote from: ecfel on November 02, 2017, 08:50:06 PM

Hi everyone,

im new to airdrop but i encountered bitcoin in 2015 and learn my lesson. since i encash my 3.8 BTC in 2015.
you do the math i kinda lost the opportunity and dont want to make that mistake again especially with airdrop in which
i got the coins for free.

I kinda felt bad for bitbase and other people who just dupm their free coins where it has a potential to be so much more.

Im planning to hold mine for atleast 2 years. if i really need the money.

I was skeptical before but im done being skeptical with cryptocurrency. I already paid my price.

Most of them wants easy money even the profits are really small. That's what they wanted

A1exander

full member

Activity: 336

Merit: 102

A lot of currently airdropped coins are just 'pump and dump', there is nothing behind them. Recent 'eSomething' coins are a good example. There are interesting airdropped coins that have a future, but they are few.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

It's simply because a huge majority of the coins being airdropped aren't as good technology-wise compared to bitcoin years ago. Also, doesn't mean that bitcoin multiplied alot of times, it doesn't mean the same will happen to those coins that airdropped.

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