Lunatic gamblers who says Airdrop rewards are free funds.

[Hatchy]

~snip

I had a friend the other day, who had made some profits from the recent airdrops. He said same thing that it's free money though his own wasn't to use them for gambling because he had better plans and which was to use them to trade the forex and crypto market. It's a better plan I guess and sometimes we don't actually have to be wasteful just because we didn't work too hard for the funds we have to also be wise when spending. We can use a portion for gambling, and when we see that we are losing too much, we can just back out already and not spending all in gambling.  It won't bother if we loss them to gamble but we have to make smart choices at all time.

[Julien_Olynpic]

The money you received through an airdrop was most likely received in the form of altcoins. Most often these are tokens of some project. Sometimes they have some significant price and can be sold, that is, exchanged for more liquid funds, for example, USDT or bitcoins. But more often than not, the funds received through airdrops are very small payments when converted into USDT. In most cases, they are unlikely to be used for a long time to pay for bets in sports betting, for example. Yes, this creates the illusion of free money, but it’s just free money.

[sunsilk]

Well, just apply the rules about "my money, my rules".

And regardless of where they've taken that, it's not a problem at all on how they're going to spend it. By the time they've earned that money, they can spend it freely on anything they want.

Reinvest and buy Bitcoin or even gamble with it all day long. There is no obligation for you even you're friends with them if they have already decided and have a plan on how they're going to spend it.

I like that "my money, my rules" term, it's like that. People should be free to do whatever they want with their money. I guess we can apply "easy come, easy go" here as well, when we earn money in some easy way we usually spend that money pretty fast. Claiming some airdrops can be pretty simple & easy.

Yeah, that's very simple and we don't meddle with what others do if it is their private property or money.

There is always something smart that can be done with money, but the desire for easy money through gambling is very tempting, especially for those who love risk. I guess there are a lot of them here, a lot of active gamblers in one place... I am one of them, and I busted some money on gambling a lot of times that came from some work. There are no regrets, I guess I wanted that in that moment and that's it. Maybe we are all lunatic gamblers.

You said it loud and clear.

When it's about money making, everyone listens and has their own ways and many will agree that when the first time we'd knew about gambling, we have all thought the same thing.

We make some and bust a lot of it and this is the life of gamblers. But when someone tells or dictates you where you should spend your money, that's a different thing.

Even as gamblers, we don't want to hear something like that but we appreciate the concern.

[bubilas]

I think that sooner or later everyone feels a sense of lost profits. And even if such players who lose profits from cryptocurrencies in gambling will not think about it for a long time, then after a while they will still think about it. This is our human nature. And then they will understand how much money they could have invested and how much profit they missed.
After all, quite recently - a year ago - bitcoin was worth three times less. There was a price of about 25 thousand dollars. And those who invested then were able to earn very well.

[ethereumhunter]

The money you received through an airdrop was most likely received in the form of altcoins. Most often these are tokens of some project. Sometimes they have some significant price and can be sold, that is, exchanged for more liquid funds, for example, USDT or bitcoins. But more often than not, the funds received through airdrops are very small payments when converted into USDT. In most cases, they are unlikely to be used for a long time to pay for bets in sports betting, for example. Yes, this creates the illusion of free money, but it’s just free money.

But for those who still search for that airdrop thinks that's free money that they can use as first capital in crypto. Although they don't gets much rewards from the project, that will not be a problem for them. Those people still search for the other projects because they believe that they will gets a hidden projects that can gives them much profit. They also accepts the rewards in token and keeps saves that token in their wallet and hope that the token price can increase someday. That will what some investors do with the project but the investors will invest some money and lets the project works for them. If they are lucky, they will make a big profit. But if not, they should accept it because investing in that project will have a risks so they will not have a problem.

[Amphenomenon]

~snip

I had a friend the other day, who had made some profits from the recent airdrops. He said same thing that it's free money though his own wasn't to use them for gambling because he had better plans and which was to use them to trade the forex and crypto market. It's a better plan I guess and sometimes we don't actually have to be wasteful just because we didn't work too hard for the funds we have to also be wise when spending. We can use a portion for gambling, and when we see that we are losing too much, we can just back out already and not spending all in gambling.  It won't bother if we loss them to gamble but we have to make smart choices at all time.

Actually this is true but base on Op post I think those his friends understand the risk in gambling and I guessed they have had their share on wins and losts in gambling before now, so I think they see the risk as worth it that's why they want to go for it, just like how your friend sees crypto/forex trading as the best option to spend similar money, since they  all might already knows the risk on the path they are venturing into which is risky and are similar in the sense that trading is almost like gambling especially when it involves leverages.

[dothebeats]

It's within their discretion on where to use these funds. Technically, these aren't free because those who participated in the airdrop campaigns actually did something for the coin i.e. marketing it somewhere or completing menial tasks. Then again, your friends might see it as 'free' because of how it was labeled, "Airdrop."

IMO it's much better for them to have this mindset rather than use their 'hard-earned' funds from their salaries to gamble. In a way, it's easier to let go of funds that they gained from doing easy tasks rather than the funds they gained from their full-time job.

Your point is valid however, you can't really control the minds of these people to do what seems to be the 'right thing' after all.

[bitbollo]

there is no "free money", not in this case.
even when some airdrops have been distributed there is a sort of work behind it (likewise signing up for a particular service or just earning a stake/rewards related to holding such coin).
 
in the end it's like they are using "bonuses" to bet. Of course, it doesn't mean that coins received with airdrops have any long-term value...

[YOSHIE]

There is absolutely no Source of income that is free but some of my Bitcoin investors friends who are as much gamblers would not want to agree to that.

I don't want to say they are crazy, it is true that Airdrop Tokens are given for free, maybe not now, but in 2017 Airdrop Tokens were distributed for free, all you need to do is register on their platform, they will get Airdrop Tokens for free, as I know Uniswap tokens which have no value are now worth $11/Uniswap.

As we know, many gambling platforms currently include payment and withdrawal features with Uniswap tokens, this is something that is impossible to happen, it can happen, Uniswap is one of the airdrops that is worthless and becomes valuable.

My understanding is that it's legal for those/investors who still have Airdrops to take advantage or use them for gambling and they can win them in betting, for me it's okay to play Airdrops in gambling, for those who still have them at this time.

[TheUltraElite]

I am surprised to see that airdrops rewards are directly getting to a more liquid currency to be able to spend on casinos. Normally casinos allow only the top coins out there but not the recently launched airdropped coins. The later would need time to get listed on exchanges and then converted to high order coins - like BTC/ETH/DOGE/LTC or any of that before being spent.

I would like to know more about what I said above if the OP can gather the information.

Still they are wrong and it is out fundamental duty to teach them that the folly in airdrops is that the owners are stealing private data from the participants, this should not be encouraged from the participants side.

[Tmoonz]

There is absolutely no Source of income that is free but some of my Bitcoin investors friends who are as much gamblers would not want to agree to that.
Currently, there had been several airdrops projects ongoing which participants are earning crypto coins without investing of money but executing some tasks.

So some of my friends says such funds are free money so they are delighted dedicating it to be spent on gambling and when they lost it all, it would be easier to let go because they did not stress to get the money.
Meanwhile... This usually comes a huge amount of money beyond their normal gambling budgets.

To me, they can utilize these so called free money by adding it up to their Bitcoin portfolio or even used it to spend on necessary things instead of dedicating to lavish it on gambling.

@op, You don't have to be surprised it is no longer new that different people with different conception and interpretation, misinterpretation of things, money gotten from airdrops are not free money and can never be, rather it is an appreciation that is given as a result of the services that is being render to the project team which means a lot to them in terms of creating that public awareness. However, most of the airdrops are not even paying this days but if you got lucky and receive a reward from anyone, it should be utilizing wisely as must I say that there is no means of getting money that is easy or free, just that people may tend to view things differently based on individual circumstances.

[joniboini]

I am surprised to see that airdrops rewards are directly getting to a more liquid currency to be able to spend on casinos. Normally casinos allow only the top coins out there but not the recently launched airdropped coins. The later would need time to get listed on exchanges and then converted to high order coins - like BTC/ETH/DOGE/LTC or any of that before being spent.

I think OP is not implying that either. Most of his friends probably convert the tokens for BTC or ETH and send them to a casino to gamble. While I don't follow most new airdrops closely, I do earn a decent amount of money in the last few months from these airdrops. They are not free since most of them reward on-chain activity though, and some do ask for KYC (which I avoided). At the end of the day how people use their airdrop rewards is up to them. That being said, I'd suggest they save some of them instead of using them all to gamble especially if they require on-chain activity to earn them (basically paying the dev through gas fees IMO).

[kotajikikox]

why they will not agree when airdrop is indeed income generating as long as you know how to keep safe because there are cases that instead of earning you will be scammed or being fooled .

There are many of them that are scam while many of them will later lead to phishing scam. But if you know how to avoid the scam, they are easy to avoid. But it is important we should know where we are providing KYC.

well , since that is their earning then let them decide where to spend because that is what they wanted to risk and try doubling their money.

This is just it. What some people see as free may not be seen as free to to some people. Some people may think the money is gotten easily and they can risk it to gamble. Some people will decide to spend it in other things.

yeah meaning in the end of it all? its their own decision to what will lead them into anything they wanted
I just wanted to wish them good luck and hope to not leading in losing everything they earn hard because
of their own mistakes and stupidity not listening to our advises.
Lucky for the people that already knew how to deal and how to not lose like many have done in the past and up to now.