Nowadays, airdrops are often used in crypto exchanges. In addition to the standard trading strategy of investing one's finances, airdrops, which involve giving away free coins or tokens to users of public crypto wallets to advertise a new digital currency, can generate huge profits. Blockchain-based companies utilize the use of these crypto wallets as a marketing strategy to encourage users to use their platforms. So what are the signs that an airdrop will pay off?
Well if you found out about a legit airdrop then youll know they pay off but it doesnt meant that the compesation is well off too. It depends on the airdrop budget or allocation and also the participants that will joined. The more they joined the lesser tokens. So its always better to grind or farm lesser participants. Its either on dex or cex its the same concept or process.
I am an active participants on airdrop. So Id technically research some of the best one to farm on.
I don't mind getting a small amount of token but as long the project is high quality. I will only HODL my reward and even buy more in fact because there is a good chance that its value will grow. I think this is also the point of the airdrops. They can act as a test product and if we like what we see, we can buy more but if not, then we can move on the next one. We can't tell the flow of the airdrop.
I mean, when we joined, we think the number of participants won't increase anymore and we are excited to receive great rewards but we will only get shocked that their limits are now filled later on. We need to avoid being picky because it can only decrease our profits.
