There was a time when ERC20 airdrops had these amazing websites, ANN threads and elaborate white papers. Of course they didn't intend to do any of those things - but it was still strangely fun to see the work they put into making these projects seem legitimate. They knew how to create hype and get people interested.

And yet this month there's been an abundance of ERC20 airdrop projects that have:

1.) A boring ANN thread - just a wall of text, no pictures, nothing interesting
2.) No website
3.) No white papers
4.) Thread started by a 1-post wonder.

To the fake devs of these projects, if you're reading this: Please put more work into creating your fake projects so that it's at least interesting to read.
Thanks.

Thread in question: https://bitcointalk.org/index.php?topic=2470644.0

Has exactly the same info (text is all the same) and images as a previous scamcoin ETHEREUM LITE: https://bitcointalk.org/index.php?topic=2255071.0
Ethereum Lite got 'hacked' a few weeks ago / aka the dev dumped and exit scammed.

ETHEREUM LITE roadmap:


LITECOIN ECLIPSE roadmap:


I've posted here: https://bitcointalk.org/index.php?topic=2470644.msg25307836#msg25307836
and here https://bitcointalk.org/index.php?topic=2470644.msg25309648#msg25309648

I realise it's just a small ERC20 scam but I'm getting tired of them, especially when they're so damn lazy so as touse old material. There's not even honour / creativity among thieves anymore.

I've got a few altcoins where I was just unable to properly manage the trade and by the time I returned they'd suffered considerable losses. The ALTCOIN/BTC value for a lot of alts has obviously suffered the last few months and my question is: Should we expect those previous levels to be achieved and surpassed any time soon or is it better to exit the trade and start again elsewhere? My goal for most of the altcoins is medium to long term holds - I usually prefer trading in & out of the same alt to increase my holdings.

The reason I'm open to exiting the trade is that even thought the ALTCOIN/BTC value is very much down, the increase in BTC value means that a few of these trades are still slightly positive in USD terms. The gain in btc less the loss of my altcoins still results (in a few cases) in a net positive gain  - so there I'm happy to  exit the trade. I hesitate though - because these altcoins still seem to have potential.

The example trade below is from SNT (Status Network Token) which by all means should be doing pretty well. It's far from a shitcoin.:
<image loading...>


And looking back over SNT's history we're right at the bottom.
<image loading...>


This pattern is so familiar with (decent) altcoins right now that I'm just a bit unsure of what the best strategy is:

1.) Stay in the trade and hope that 33% btc value loss is recovered or
2.) Exit the trade without much loss in most cases and trade elsewhere (I guess I also need to get over my attachment to certain altcoins).

Or any other advice & suggestions would obviously be welcome.

As a relative newcomer to the scene of airdrops it boggles my brain that with:

1.) hundreds of different airdrops
2.) less than a minute to fill in an airdrop form
3.) People running the airdrops getting hundreds of messages per hour
4.) So many scams around

that people will spend days in Telegram asking where their airdrop is. Posting their wallet address. "Dev where's my airdrop". "Dev help!." "Dev dev dev." I don't know what motivates these people to think anyone even cares that they missed it, or why they even care that they missed it. Exit the telegram and move on already.