Topic: you have profit in all airdrop? (Read 1949 times)

This is a golden advice!
Engaging in cryptocurrency comes with significant risks, so thorough research is essential, especially when dealing with activities like airdrops that often involve new projects. To avoid potential pitfalls and focus on reputable projects, I have devised for myself a system I called RIPPER.

Currently, I am participating in the Prom Testnet Campaign, and I will demonstrate how RIPPER is applied to Prom Network:

1. Reputation: Investigate the project's history and the involvement of its team. A newly created Twitter account can be a red flag. Prom Network, active on Twitter since 2020 and listed on Binance, shows a more established presence.

2. Investors: Knowing the backers of a project is crucial. Prom Network is supported by DWF Labs, a respected market maker, reducing the risk of scams.

3. Platform: The platforms used for project activities are important. Prom Network uses Zealy for its campaigns, known for its partnerships with well-established projects, which enhances my confidence.

4. People: A strong and knowledgeable community is a good sign. Prom's community is highly engaged, with members writing insightful articles on Medium and Reddit, which builds trust in the project.

5. Explicit Requirements: Understanding what is needed to qualify for airdrops is essential. Prom offers a clear dashboard that tracks and calculates points for tasks, ensuring transparency and fairness.

6. Resources: Be wary of projects that require significant financial investments. Prom Testnet tasks are supported by free test tokens distributed daily from a faucet, eliminating the need for monetary investment over the past month.

I hope this explanation of my RIPPER system clarifies my decision-making process and could assists others in their own research.

All you need is the right airdrop source like airdropbob and airdropalert, these two websites are no nonsense airdrop websites, they only promote legit airdrops, still all I do is join the airdrops with highest ratings and so far they never let me down

Its better to carefully select airdrops to join because not all of them are good, you have to do same research you do on bounties to find how good the airdrop projects are, only few are worth it so its not advisable to join airdrops most times unless you see a promising one

Many airdrops are useless tokens, I have plenty in my wallet and they have no value, I've learnt to be picky when choosing airdrops and since then bad airdrops have reduced on my list

When you made this thread, I earned 6K USD within 3 months from the airdrop. What a time was that. I wish I have a time machine to go there again! But right now how much effort you invest in Airdrop, you all work will go in vain maximum time. Airdrop era ended in 2018. I haven't seen a good Airdrop since 2019!

For most of the airdrops, the tokens will not even meet the minimum trading value criteria set by the exchanges only very few are profitable so you have to lucky to be in that project. So out of over 100s of airdrops only very few say 2 to 3% are worthy somewhat. remaining are just a garbage

When your suggestion is in a bull market, most people will adopt it. But in a bear market, most people just stay on the sidelines, and airdropping tokens cannot bring profits.

I don't follow a lot of airdrops, just a few that I follow and it works pretty well. The most beneficial is the Mirai / XRB airdrop, with a very long duration and gets paid every week. But I sold it cheap at the first time Mirai appeared, unfortunately now MIrai airdrop is gone and there is no replacement.

Not good if mean by now since I don't find any good airdrops these past months that gives real profit unlike on the year 2017 even shitcoins will give a double or triple digit for just participating on the drops. Maybe it's really better to stop now since provably as you said they are just fishing our personal information which can they used for illegal or might.they will sell it on the dark web.

Not all of airdrops that has a refferal rewards program were good, only few of them is that good. From a bunch of airdrops, it doesn't guarantee one of them is good either. Especially if it's an airdrop from new projects.  Not to mention airdrop nowadays requires you to passed the kyc and things, and that's kinda dangerous to just give your personal information.

that's right, not all Airdrop has the profits and vice versa just don't get anything after joining Airdrop. I personally have lots of tokens from Airdrop but that's it's only for decoration on the wallet and no value. after that I never sought profits from Airdrop again. of course bounty and airdrop have the same risk that fraud can occur after success.

Airdrops can be very profitable if they are legit and have referral rewards too, this is good if you have multiple friends who you can refer to join the airdrop, many airdrops are fake but some are good, I suggest airdrops that are trading already

It's impossible to make profits from all airdrops you join, some will fail and some will never distribute the rewards even if they become successful, it's same risk when promoting bounty projects as well

i'm not sure airdrop is the best way to make a profit. indeed, you can get free money from programs like that but with programs like that that will ultimately make it hard for us to make good profits, because not all airdrop projects have a more serious commitment for the long term

I have been investing in cryptocurrencies for several years, during which I was exposed to many projects' airdrop plans. But there has never been an airdrop token for a project that has allowed me to earn money.

   From all airdrops just Equal token was profitable for me. After airdrop I sold that
token for 180$. All others were under 10$.
   I still participate in airdrops I find interesting. I hope that some of them will be
profitable like Equal was. I don't sell tokens that have very low value, maybe one
day they will rise, I will be lucky if that happens at least with some of them.

Airdrop does not require their participants to work and continue to promote the project until completion, just a few easy tasks. Bounty requires participants to carry out promotions from joining until the official bounty ends.
The duration of the campaign will indeed make participants feel bored if the project decides to run the campaign for a long time. For the type of bounty that pays the participant in the end I think it will be boring.

depends on the airdrop . some are easy but expect that the reward is lower while there are harder airdrops but guarantee sure profits like for example airdrops with a kyc .
your saying that bounty is tedious but does not also give a profit same as airdrops? actually itll still depend but bounties are i think the one that pays more as its more harder to do based on my experience before .

Yes, you are right now they are asking for KYC which is a very bad idea to submit the documents for pennies. During that time, we have made some decent profit with the Airdrops but now most of the Airdrops are scamming the people and now it is completely waste working for Airdrops.

In the case of airdrops, no effort is needed; everything is quick and easy. But it is obvious that if there are such great difficulties with earning in the bounty, then airdrops will not even bring a cent.
The bounty almost does not bring any profit. In order to earn anything, it is necessary to make great efforts, and it is important to be versatile.
Logically, the more effort you make, the more money you must earn and vice versa. Unfortunately or fortunately, this rule does not always work. In the case of airdrops, there was a time when people did pretty good money without doing anything, but now the situation has changed, airdrops bring very little money or don't bring at all.