How to Manage Airdrops?

[blogardianz]

Hi All,

Quick question from newbie. How do you manage your airdrops? Did you sell it immediately? Do you sell half of it? Or just hold it until reach big exchanges?

Your answer is highly appreciated. Thank you.

[Naing7]

it is always better to retain some (may be half or less) until it reach big exchanges, actually this is individuals decisions how they are managing their airdrops.

[chriss0r]

I HODL my tokens. Maybe one of them all will bring some profit in some years. Why selling for some "pence" when you have invested nothing more then your ETH addy or e-mail-address.

[Rubberduck59]

Since airdrops usually equals free tokens/coins, i dont loose any money if the dont succeed. With that in mind i store them in a wallet, fill out a document with info about the coin and store that on a USB. Then i forget about them and hope they reach high prices in a couple years 

[blogardianz]

it is always better to retain some (may be half or less) until it reach big exchanges, actually this is individuals decisions how they are managing their airdrops.

Yeah, i am agree with you. But the problem is, they (Dev) usually very slow to added more exchanges. Probably, they need more $cash to get listed at better exchanges

[ddurand]

I try to sell only when it produces an interesting gain (e.g: 100$). otherwise, i wait and checks the price evolution even if it appears the coin is a shitcoin (which have no future) since sometime the whale can make it pumps

[JayT22]

i would prefer to hold coins from airdrops.i keep holding all my coins.,only what im mining get sold for bitcoins or deeponion.

[Boseda]

Most airdropped coins never reach high prices, because devs are usually really incompetent and there's no real project/product behind them. There are few notable exception like eBTC and others, but are a minority. My suggestion is thus to sell as soon as they get listed on exchanges.

[orbit44]

I like to hold the coins or tokens of airdrops. Most may never gain value but there may be one big winner. I think I'd kick myself if I'd sold that one.

[jack05]

It is prudent to store them in your wallet hoping that they will reach high prices after some time.

[p3rplexamous]

I throw them all into the same My Ether Wallet address.  I am not sure if it is a new feature or not, but the token link gives you the current price of the tokens.  If anything reaches a reasonable value ($25+?) then I usually sell for BTC.  I am not long in any airdrops, I just use them to increase my BTC holdings when and where it makes sense IMO.

[Meenakshi_Rana]

better to retain coins till got high value

[brunow14]

I suggest keeping half and selling half.

[Topkek]

It depends on the coin tbh. If it's a complete shitcoin, you better sell as soon as it hits the market.

[CrazyClock]

First of all you must have higher rank here

[blogardianz]

Most airdropped coins never reach high prices, because devs are usually really incompetent and there's no real project/product behind them. There are few notable exception like eBTC and others, but are a minority. My suggestion is thus to sell as soon as they get listed on exchanges.

Yah, we have the same thoughts about this. I've been following some airdrop several times, but most of them dump the coin when reach higher price. It's looks like money game so far.

[Crypington]

I've just been holding them all, too.  I'd kick myself if one these "mooned" and I sold it for a few bucks.  Some look promising, some look like junk, but they are free, so nothing to lose.

[silent17]

Hi All,

Quick question from newbie. How do you manage your airdrops? Did you sell it immediately? Do you sell half of it? Or just hold it until reach big exchanges?

Your answer is highly appreciated. Thank you.

I don't usually do airdrops to avoid being scam because some of the airdrops are scam, but anyways airdrops is same as bounty token, i think the correction question here is how can you manage your token that you can obtain in airdrop and in bounties, For me, I think that you should store it if you think that the campaign has potential, Like me, I think Electroneum and Deep Onion have potential in growing so If had those, I would store it for a long time, until the price is larger.

[dhka]

No exact way to do that, but mostly hold a bit until it has a decent price
You have nothing to lose though, free money, less pressure 

[BluRPie]

Sell immediately it is not the best strategy, but it is simple and not the worst if you don't want to research token price, if you don't want to track moment of the price pump