Bitcoin Forum

We've been buying the dip recently, but the market continues to decline. Crypto is very unpredictable, and the current market seems no different.

However, there are numerous airdrop opportunities and events for crypto users to earn rewards. Examples include Telegram DApp airdrops, testnet participation, and exchange events. I believe these events can be beneficial in various ways. And I expect some airdrops to become claimable before the 20th of this month. And I'm sure everyone knows that. Lol

So, It seems that participating in airdrops while buying the dip might be a more effective strategy than simply buying the dip alone.
Would also love to see if there are any recommendations for airdrops or earning opportunities to complement coin purchases.

Totally depends because we do know that not all the time that the airdrops that we are really that dealing with will really be ending up on being successful. If you do have the time on engaging
into those things then why not? It will really be just that right that you shouldnt really be making yourself not to expect too much with airdrops but if this one talks about
testnets then i could say that this is something more worth, the only issue on here is that sometimes that you would really be needing to shell out some budget when it comes
to gas fees but considering on the potential rewards that you can get then it is really that actually be good when participating on test nets rather than on doing with those
generic tasks that you could be able to see on most airdrops. You could be able to point out on which one would really be worth of your time.
If you do see these add ups are worth then go ahead and proceed.

Personally I don't know any airdrops or play to earn project that one can participate on especially those on telegram because most are just scams raiding the industry through the success of Notcoin, so if you would wabt to participate on any of the telegram games that you can earn some extra cash to put into your bitcoin investment its a very wise and professional idea but it's not easy to find a paying project and hence I can't recommend any for now.

Perhaps we keep experiencing the dips but that doesn't discourage the idea of buying my bitcoin because definitely it will bull in due time.

Are you scared that this current bitcoin dip will last forever? Well I understand your point, yes crypto currency can be very volatile and unpredictable but still I believe the current decline in the price of bitcoin isn't really enough to conclude that it would not be returning to probably $60k anytime soon. Well as for the altcoins I really won't advise anyone to put in their investments with the aim that the dip will be over soon.
The reason why you see .most person's feel safer investing in bitcoin even during dips is because of the trend that bitcoin has been able to keep up with over the years. However some persons are still of the opinion that bitcoin still hasn't pumped since because a majority are scared of the current dip.

I mean if it's worth your time to do all the airdrops task then just go ahead while waiting BTC to recover.

but nowadays, great amount of airdrops are requiring you to stake and last time I've seen people who staked their ETH few months ago already down about 30% so there's that, some airdrop are risky especially if it involves your capital.

but the one that requires no capital such as doing testnet tasks and something like telegram airdrop where usually they just require you to do simple task could be interesting and helps kills time until BTC gets back up so I guess it's true.
but just know that most of airdrop, despite seemingly profitable without spending any money, are such a boring tasks you know, so I guess it's the tradeoff of getting rewarded for whatever task you did.

Since the crypto projects developed on Telegram became the new trend in the crypto world, so many crypto projects have been developed on Telegram. From your activity, merit, and experience, I can tell you are a newbie, and that is why you are looking for airdrop opportunities. When it comes to airdrops or Telegram mini-game projects, there's no guarantee you will earn something interesting after you have spent your time and data doing different tasks. Most Telegram mini-game projects just want to enrich themselves by bringing in a task that would make their users watch their monetized videos on YouTube. After the success of Notcoin, no Telegram mini-game projects have been able to make their users happy after they launched on a centralized exchange, so don't expect anything big from Telegram mini-game projects or airdrops.

@OP is a representation of selfish person, so he know that there are potential airdrop that will pay good which listing before 20th of this month, but he didn't want to tell it to anyone and he's seeking for other potential airdrops from other users for his self advantage.

I don't know what airdrop @OP mean, but I bet it's DOGS.

Airdrop is a wasting time, you can spend your time to learn something to earn more.

In past I have participated in airdrops and got success, but recently I am unable to understand which airdrop is genuine, many telegram airdrops are also coming. I have Some hopes on hamster kombat airdrop but not sure.

Certainly, in the past there were many lucrative airdrops such as Optimism, Arbitrum, Celestia, Layer zero and Zksync,  which paid decent amount of tokens to their percipients and overall their massive community is satisfied as their efforts were rewarded well.

Recently, deBank has announced handsome amount of tokens as airdrop for the participants, hope their token fetches a good price when gets listed in the market.

As you mentioned, the airdrops being formed on telegram channel seem genuine, and I have participated in most of them particularly, DOGS and HAMSTER. The tokens are already listed in the pre-market, and likely to be distributed soon.

Unfortunately, most other telegram airdrops are scams and they are just getting millions of subscribers on their channels. They are making money from their social media while their users are waiting for the airdrops for a long time. Tapswap was one of the early tap bots which promised to airdrop. They even collected some tons from their users and doubled their balance in return. But unfortunately, they did not airdrop nor listed anywhere. So, my assumption is most of them are going to scam people.

I think so too,with waiting long enough and all that has not given any results, with many they continue to make many people interested in playing it, the need to research the source of the airdrop, if the project can be accounted for, it could be that the airdrop can produce, but of the many airdrops that have been worked on, it seems that at most 10% really get the results, and indeed for now I do not understand which airdrop provides the potential for good results, it seems that I need to study it.

How do you want to justify airdrops like beneficial?? Well it all depends on airdrops because I have came across where people's wallet where hacked and they lost their useful assets in the name of connecting their wallets to receive rewards, without knowing that is the worst thing to do without applying new precautions. We can say that airdrop is rewarding when you don't have to undergo any stress just by pasting address and you received rewards during distribution. Overtime people don't take airdrops serious any longer because of how trickish they could be because of ignorant they don't know when airdroppers could setup a phishing site to their participants to get entrapped.

Depends on the airdrop itself, although I don't know, I haven't been in any airdrop for the last couple of years but suddenly it wake up my curiosity as I joined one recently. But not sure how it will be though, but let's see if I made the right decision or not.

As for buying in the dip, yeah, that could really be the case for the majority of us. We have been thinking that we should be in the bull run, but so far the altcoin market is relatively quiet and the best thing to do with this kind of situation is to really go and buy at the dip and accumulate.

I'm not really expecting a high return on airdrops based on the task I'm doing. Because it was only last month that I tried to be active in airdrops via hamster kombat, almost every day I did the task, and it also went to nothing because of the failure to fulfill the promise of distribution, and there were many other issues as well.

But yesterday was the last day at Dogs, and I tried to do a task here yesterday even though it was the first time to see and know if there was really going to be a distribution.

There are many other means to make money in crypto. Also there are many means to make money in life. You have to be patient while dealing with cryptocurrencies.

I will say you should just be careful because some airdrops will only lead to scam. Just do not think of paying money at all. Airdrops should be free.

Are you sure that all airdrops can provide benefits for you? Which airdrop do you mean provide maximum profits? as long as I participate in the airdrop for free and don't have enough referrals, there are no maximum results, compared to trading, it's better for me to trade than participate in the airdrop

One is free (airdrops) and the other isn't (DCA) but in the end I believe they are both great, and they come with advantages and disadvantages.

Not all airdrops will pay, not all testnets will pay, some wiill pay and they will worth your time and some will pay and they will be in pennies, DCAing on well fundamental and useful projects is also risky because not all projects will survive, some will turn into scam while others performance will vary, the winner here is not to put all your eggs in one basket.

Do Airdrops and Testnets, and still DCA, even by Dec of 2024 new good projects will come out too, they might not introduce any tasks for public.

If trump wins, we'll see a really good rally. Clicked on the link you shared & noticed it's for South Asian users..
https://i.ibb.co/WzYVjV4/IMG-20240814-WA0022.jpg (https://ibb.co/DMSrTrH). I'm not in the region, but might explore other opportunities I could find on Bitget cos trading lately has been boring to me.

from all of that, it is necessary to understand the airdrop that is launched, from that users must know the potential that will be generated whether it is profitable or not, from all the existing airdrops, not always get profit and all of this has challenges that are always passed, even though so many people who jump into it to get luck from this airdrop.

If you keep on trusting these airdrops to give you returns then eventually you will realized that there are tens of millions of people who trust the same thing as well and the result isn't always as profitable as you think it is. This is why it's quite important to avoid something like this, because you are not going to get that great result too easily.

We should try to make sure that things aren't always that good or bad, because it is not going to be a way to make money permanently and the rate that you will hit a good one is way too low. We are in this all together all at the same time so the divide into every single person becomes very little when all of us get into it, making it not really worth it even if they pay up.

Separate your investments and your purchases of the cryptos that you like to hold and your airdrop participation and activities.

If someone is relying too much with airdrops, it's full of uncertainty and you'll never know if your time will be worth it with those. And that's why if you're going to hold, hold and buy.

While pursuing your holdings, you're free to participate in any airdrops that you can see. You need to set your goals in both of them.

out of many airdrops only very few can be worth the time, most of them are just simply waste of time, but if i'm someone that has nothing better to spend my time with, i will do the tasks of an airdrop.
I think it's worth it for the people that try to find freebies and completely have nothing to start with.

but as usually with these kind of freebies, there are many people that will compete for it and as a result, mediocre rewards.

I think most of the developers nowaday also building their project on top of this idea of taking advantage of the people who just got nothing better to do with their time thus the meaningless social media tasks and so on.

Yeah airdrops are uncertain even though they have promised distribution on a certain date sometimes it is always postponed, and don't know if the results will be worth it or not, which is clear airdrops should not be used as a mainstay for income, just consider it as a bonus for work in your spare time.

Apart from buying or investing, this must be differentiated, I always pursue ownership of certain coins with my own money, not relying on airdrops because it is clear that nothing is certain in airdrops.

You fail to mention at all how the majority of those airdrops never pay anything to those that participate in them or how most of those projects become scams and your coins are worth nothing anyway, then anyone that is interested in participating in airdrops must acknowledge the very real possibility they will not obtain any benefit out of them and they will just waste their time, which tell us why the popularity of airdrops and bounty hunting has decreased dramatically during the past years.

Sometimes it is worth it but for most times, it's not. Anyone shouldn't really rely on airdrops as their main source of earning crypto. While it is a good one as it is free money, there are airdrops that requires some investments too for better distribution.

With that, only the ones that are dependent on it will be able to invest that much. But for those that are only treating it as a secondary way of earning crypto, they're the ones that are doing better.

Treating it as a full time isn't a good decision.