How to Manage Airdrops?

[Sadlife]

As far as doing bounty campaigns daily i get my airdrop altcoins and exchange it into bitcoin cause usually some of then wont even last a year cause when we get paid by that new token it will be immediately become pump and dump and the price will reach an all time low in just a matter of weeks. But this is not mostly in some cases new tokens can gain good value in market.

[rainbow169]

Most of the airdrops are not of significant value so I will just hold them untile they are actually worth the hassle and transaction fee to be sent to the exchange for trading. Obviously if you have a large airdrop of high value, you might consider selling portion of it, in particular if there are more and more free airdrops coming.

[abvhiael]

from experience point of view Airdrops dont cost you nothing i think you just keep holding them until they reach a repectful price you should buy them and any way you are not losing anything if you didint gain alot from them0

[rube08]

It really depends on the token itself.  You need to access each token/coin and see the potential it has.  If it is one of these pump and dump exxx etherum tokens, chances are slim that they would succeed.  It is better off dumping these tokens when you know a pump is going on.  Coins/Tokens that have a roadmap, whitepaper, and plan; I would hold onto these coins as they may increase in value overtime.

[blogardianz]

For me it depends on the coin. Right now, cybermiles is doing an airdrop and I plan on holding onto it for a while.

Yes, i can say i agree with you. It's depends on the team also. Like Ethereum Blue, they give big airdrop. I thought the dev will dump the price and abandon the ship. But now, ethereum blue still live and getting bigger community.

[hua_hui]

Airdrops/bounty does not mean that an ico is a bad thing. A lot of successful ICO do have their bounty campaign and airdrops. One example is CND.which has airdrops. However, the ico must justify why is there a need for bounty or airdrops.

For example, In appcoins case, appcoins have been trying to go into international markets so they use their bounty to get translations done so that it can target to different communities with the translated whitepaper.

[StephenieDuong]

I will keep airdrop coin at least few month after it reach the first exchange. Because selling too soon and it have no value at all.

[withche.07]

As oldie, I try to hold airdrops I jump in. Airdrops feel very cheap after release. It brings very low amount of money to participating people. It is better to hold and wait more to see what happens.

[kenzawak]

if i see an airdrop is actually worth something ,i try to know more about the project .
if i believe it's going nowhere and it's actually tradeable on etherdelta ,i'll sell almost right away .
otherwise i'll hold and follow the value of the coin .if i see a sudden drop and anything suspicious ,i'll sell .
a useful tool to help you decide what to do with the tokens :

https://deltabalances.github.io

[maydna]

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 still holding some airdrops but if the price is suddenly getting up then i will sell it to make free money but i don't sell all of my airdrops, i only sell 30%-70% from the total amount so i still have another amount that i can sell if the price is increase more high. beside that, if i still have another amount and if the coins is getting list in the exchanges, i can move the amount to that exchanges and i can sell it with the higher price than before.

[joeydangerous]

For me to manage airdrops I prefer to keep them to my wallet. Anyway they came in free is better to retain the coins untill got high value.

Just check the wallet that you have then try to see if the price went up through coinmarketcap, it should only take a few seconds.

[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.

i still holding some airdrops but if the price is suddenly getting up then i will sell it to make free money but i don't sell all of my airdrops, i only sell 30%-70% from the total amount so i still have another amount that i can sell if the price is increase more high. beside that, if i still have another amount and if the coins is getting list in the exchanges, i can move the amount to that exchanges and i can sell it with the higher price than before.

Nice idea! But I think there is a chance that coin price will drop, or maybe the Dev abandon the project?
How do you manage that case?

[rarg]

I will keep airdrop coin at least few month after it reach the first exchange. Because selling too soon and it have no value at all.

Same with me, but sometime I lost my patience if the dev now showing some progress about their project. E
specially now many projects that become a scam. Made me afraid to hold too long.

[Cryptodaddy05]

Coins from better ICO’s often list on even the smaller exchanges with a good premium, and selling some or all can be an option - especially if there’s another coin or token you’d rather have your money in. The price often then dips till the coin hits bigger exchanges or there is some other positive news or hype, and there is nothing wrong with holding the coins until then. If a coins price goes nowhere or your holding is tiny then there may the parcel you hold may not be marketable, and you’ll be stuck with the coins in your wallet forever.

[caigithe]

I will thoroughly investigate and each type of token I am having and then I will decide to keep 100% or 50% depending on what I can find accurate information about the project and have a high growth rate in the future.  :

[IgniHash]

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.

I've done it before. Sometimes if we holding a half airdrop tokens, the price can't bounce back to the beginning price.
My strategy now is dumping it fast, or regret later. Too much shit airdrop lately. Especially CNN tokens. They aidropping with no values token. What a shame!

[kiw_91]

my advice is to sell half and hold the other half. chances are that the airdrop token price will rise, but it will take time. soo dont sell it too fast. hold it as long as you can.

[carlisle1]

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.

The question is,does your token has price the moment airdrop finished?to tell you the truth i dont rally believe in airdrops since most of this are scams,but if you think that the price of token is enough,then sell it right away,or else it may have drown after a while

[emanbea07]

to manage airdrop 50 percent hold 50 percent sell for preparation of the future pump price of the coin you hold.

[maydna]

once I receive airdrops in my wallet and there is any market available for us to sell the airdrop, I will then send it to that market and then prepare to sell because I am sure that in the first time, the price will increase so high. and I think this is my chance to sell at the high price and then I will wait for the price to down so I can buy again the coin for a cheap price. I think no need to take too long to wait and hold for the airdrop to up and down because many people love a free coin which they can sell it to make a free money too.