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Author Topic: Lunatic gamblers who says Airdrop rewards are free funds.  (Read 565 times)
kotajikikox
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May 22, 2024, 10:09:44 AM
 #21

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.
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 .

Quote
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.
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.

Quote
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.
well that is if you are at their shoes but the sad part is that its not, those are their airdrop income.

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May 22, 2024, 10:41:54 AM
 #22

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.

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May 22, 2024, 10:45:02 AM
 #23

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.
its not a free money in the real sense because those money were gotten as a reward for a task they actually did on a sight but then because they felt the task they did were too small hence it can be equated to almost no work so they can actually get to consider it as no work and call it free money forgetting the task that was done before they were rewarded with such an amount, even if its been considered as free money i still don't think its enough reason to squander it and not spending it in the best way that will ever get to profit them them the most, its still possible they can still get to win their bets and be able to make profits off this money but its not an ideal and trusted way of getting the most off such funds.

Not properly utilizing the funds because you think its free isn't the best idea, adding it to their bitcoin portfolio isn't a bad idea either but some of these airdrops reward comes in the token for which they are promoting with the task you had to carry out to be rewarded so some times it could actually get difficult trying to get the coins converted to bitcoin and then invested but before thst its important to understanding the dynamics of bitcoin and how well to investing in it.

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May 22, 2024, 10:53:29 AM
 #24


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.
There is no free money any where, those who say it free money when you earn the money through airdrop or gambling its not free money because you must have to pay for them indirectly,  take for example in airdrop,  even though you don't invest in those projects with your money, you will still invest your time, that is before you get those airdrop rewards that  is refered free money by many, you have to invest your time into doing the work before getting the rewards and no airdrop will ever reward anyone who didn't put in any efforts in doing the job.


I participate on most of airdrop but it doesn’t consume much time like you did to work for it 8hrs a day. Typically, It just requires to do some minimal task on social media or running a node which your computer will do it for you without the need to monitor freely.

It’s really a free money since there’s only minimal effort for it which you can easily do on your free time to receive this coins. Also some airdrop just need to stake tokens which doesn’t require you to pay. Airdrop in general is just a free money because it’s a reward for supporting the project during their early days.

Back to the topic, regardless of the money acquire through airdrop. It’s already yours once you received it so losing it will be equivalent to the money from your savings once loss in gambling because they are already on your possession.

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May 22, 2024, 11:02:35 AM
 #25

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.

There's no such free if you did the task given as requirements for the airdrop participation, and for you to acquire the rewards 100% accomplishments should be done. Participants should value the amount of drop coins that eventually became profitable by the time it hits the market value. Some said it's free, but IMO efforts and time dedicated to that project is somehow very impressive. We shouldn't waste it just by gambling to the fullest, save the other half for your family's future.

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May 22, 2024, 11:04:17 AM
 #26

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.
In the name of money from Airdrops it is free, but I don't think so, because we need to spend effort, time and run a lot of tasks to get the Airdrop, many airdrops also require a lot of money to get it, so I don't think it's really free, except for Give away which is just pasting the wallet addres at an event and we get a prize for coming out as a winner, that's called free money.

But even so I also do it, like the prize from Not Coin yesterday and got a few hundred dollars then I bet it in the casino and fortunately got a lot of winnings that multiplied the Airdrops prize I got, I often do this.

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May 22, 2024, 11:06:47 AM
Last edit: May 22, 2024, 04:05:46 PM by coin-investor
 #27

What you're friend means is airdrops come from new coins after doing tasks like promoting the project or connecting their wallet and doing some testing; they will only become free money if the project gets into the market. Unless that happens, these are shit coins in your wallet.
Only newbies participate in these airdrops because they are blinded by false promises.

And if the coins we get from airdrops become real money or become tradeable, we should think of saving it as not all the effort we make on claiming airdrops will be rewarded. Still, some people risk it in the hope of doubling it in gambling because they have it in their minds that they did not spend real money to get these coins so why not take a risk on gambling.

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May 22, 2024, 11:29:29 AM
 #28

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.
There's nothing like free money on the internet, those airdrops they cashed out from are not free because those airdrops are time consuming things and time is money, it's also something that requires mobile data, if they don't have a data subscriptions they can't be able to claim those airdrops.
Gamble is not free, even those free spins and jackpot are not free, in most casinos, if a gambler wins any of those jackpots or free spins and free bet, the gambler must rollover before he can be able to withdraw.

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May 22, 2024, 12:15:54 PM
 #29

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.
That's what they thought; they see it as free money, but let's wait until they lose it all to gambling. Watch them closely and see if the pain of losing is not going to affect them. 
 
Even money that is given to someone for free is being carelessly spent. The person who possesses that money will immediately realise it was a mistake to have spent that money on something that could not add value to their life, so even as those funds were made from airdrop, they will still feel the pain if they lose it all to gambling.
 
Where it will hurt them more is if anyone who is close to them uses their money very wisely to invest in something that will yield a profit over time. Looking at such things will remind them of what they could have helped them achieve.

 
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May 22, 2024, 12:20:37 PM
 #30

What you're friend means is airdrops come from new coins after doing tasks like promoting the project or connecting their wallet and doing some testing; they will only become free money if the project gets into the market. Unless that happens, these are shit coins in your wallet.
I will say the OP understand what he posted. He meant that if the money is high in amount, that people should not use the money to gamble. But I will say people have different opinions about what they want to use their money for. Also know that airdrop money is not free money if you were given some work to do before you can receive the airdrop. If you work for something, that thing is not free. Airdrops nowadays are not free like many years ago when people have just started to know about cryptocurrencies.

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May 22, 2024, 01:36:33 PM
 #31

Money is money, whether you found it on the street, given by your teacher, given by random stranger or you won from lottery, if you use the money to gamble, it means you're losing your money.

only newbies are participating on these airdrops because they are blinded by false promises.
And what do you think about "newbies" that always participate in airdrop after they know airdrop aren't worth it? I don't think they're "newbie" if they already participate in airdrop for more than a year. They're already have many experience.

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May 22, 2024, 01:47:33 PM
 #32

What you're friend means is airdrops come from new coins after doing tasks like promoting the project or connecting their wallet and doing some testing; they will only become free money if the project gets into the market. Unless that happens, these are shit coins in your wallet.

Airdrops are useless; out of 100 airdrops one can participate in, only a handful will have value in the market, and before you can sell yours, the developers and the whales have already dumped their shares, making yours a crumb; only newbies are participating on these airdrops because they are blinded by false promises.
Not everything is worthless, if you sell at the right time it might get a better price position, that's if you only get one account for airdrop allocation, for example only get $10 per account if we have 20 accounts participating it might be $200, that's pretty good in my opinion, even though it's a shill coin but some people get good benefits, and some airdrops also have a decent market value.

But I don't use the money from Airdrops for gambling, just like what I got from the previous Aevo airdrop, it was a pretty good price at launch and when I sold, it became some equipment for my desk, but the small value like $5-$20 I will play it for gambling and get fun with the free gift fee.

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May 22, 2024, 01:56:27 PM
 #33

Well, technically airdrops are not free perse though it may look like it is free because cryptocurrency companies send their tokens to a designated wallet. However, in order to be eligible for airdrops, there are certain conditions that are required for a person to do in order to receive it.

One may argue that the amount of effort that they do is negligible; basically, it is something that is somehow "free" but there is always that mutual trade-off where you do the tasks and they reward you with these airdropped tokens.

Lastly, these tokens also are of somewhat low in value. Given that lots of cryptocurrencies are being created weekly, they do these airdrops as a marketing ploy in order to advertise their coins. You sell these coins but you also have to look for a buyer that is willing to purchase it.

In conclusion, airdrops are not free perse. You may receive some tokens but their value is significantly low and it may be quite a challenge for you to sell these coins in order to maximize its value for gambling.
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May 22, 2024, 02:27:34 PM
 #34

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.

They basically didn't work for it, so they might be right in a way and I guess that's why they decided to use it to satisfy their gambling activities like they haven't been able to before. It's true that there's been so many crypto airdrops that have aired out so much token to the public recently and you see so many people spending them how they want. It doesn't really matter if you want to gamble with yours, so long you know how to gamble and are able to back out when you start losing. Investing in Bitcoin is not the only thing you can use to generate profit though it's reliable and less risky that's why we advise others to invest in Bitcoin. But sometimes we have to let everyone choose what they want to do with their funds. They can choose to use it to gamble if they do wish.

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May 22, 2024, 02:38:16 PM
 #35

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.
I think the airdrop that we get and can make money from is not something free, indeed doing it doesn't cost any capital in the sense of money, but we need to remember that we sacrifice a lot of time to be able to make money from the airdrop. Using the money from the airdrop depends on each individual how they manage the money. I personally look at my needs first, if I think it's sufficient for my daily needs, I will switch to investing in Bitcoin rather than gambling. I value the money I earn much more than the fun I have at the gambling table to spend that money. If there is something that is more useful to us, why should we throw it away in vain?

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May 22, 2024, 02:45:25 PM
 #36

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.

Of course any of those coins or tokens including airdrop earned could be turned to an investment by exchanging them into bitcoin, why many don't bother their self much on these is because of the reward being received to be too small in other for them to be able to convert into bitcoin knowing well that there are considered amount is not worth the minimum exchange rate.

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May 22, 2024, 02:58:10 PM
 #37

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.

Of course any of those coins or tokens including airdrop earned could be turned to an investment by exchanging them into bitcoin, why many don't bother their self much on these is because of the reward being received to be too small in other for them to be able to convert into bitcoin knowing well that there are considered amount is not worth the minimum exchange rate.
Back into those good old days or years where ICO airdrops do give out that significant amount even if do talks about airdrops on which this is something that would really be that big or involves thousands of dollars if the certain airdrop would really be pumping up to the moon. Why i can say? I have experienced such thing and earned with those days with airdrops on which i could say that those are the best years on involving with airdrops, which it is really that unlike now that it is really just that too small on which you cant blame out someone to spend it all in gambling rather than on investing it on bitcoin or making it some savings considering the amount wont really be that significant then they wont really be caring at all. It would really be just that depending on you though.

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May 22, 2024, 03:04:42 PM
 #38

Since your friends believe that the money they earn from airdrops is free money to them, it is not a problem at all. But they need to consider that it is not a must that you must sweat and work hard before the money that you got is worthy of investment. They can also use this opportunity to invest in bitcoin and it will be good since they see the funds as free, they can invest it happily to make profits from it.

However, I cannot tell them what to do but I believe that with time, they will realize the mistake that they did to gamble with all their funds from airdrops. The only thing that I see can affect them is addiction. Since you said that they moeny they use in gambling is above their gamble budget, it is likely that they will gamble more often than before which might make them get addicted. If they get addicted to gambling, that is the worst because they used their own money to harm themselves because of lack of self control.

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May 22, 2024, 03:16:11 PM
 #39

If they say like that, you should have to agree with them although you are not agree with them because they have their experienced with the airdrop rewards. If you follows what they did, maybe you can see that their saying is right because you knows how they gets that rewards. But they should use some money from that rewards to invest in bitcoin and keeps that bitcoin until the price increase so high so they can sell it to gets the profit.

We can just agree what they say because we don't knows the truth. I hear that the airdrop rewards can gives them big profit if they found the right project. But if not, they will not makes any profit but that doesn't mean they will stops what they do because many new projects that can be hidden projects that can gives them profit.

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May 22, 2024, 03:27:20 PM
 #40

...
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.

But what if they win huge with that "Free" bankroll?

Maybe adding $50 to their portfolio doesn't make any difference for them, but imagine the scenario where they bet those $50 and end up with a $1000 profit on the casino, then they add those $1000 on cryptos to their portfolio and hold them.

I feel like there is nothing bad about what your friends are doing with those airdrops, if they play it smart then they can make some huge profit in the long run.

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