“Crypto is ponzi with no real world values. It’s just an electronic count with no real asset backings.”
We always hear the above. Of course there are truth in this statement but…
It is also true that Crypto can make you lots of money from little money. One of the way which I have mentioned before is Crypto.
Crypto Twitters (a.k.a CT)
If you are into CT, you would know that many big influencers with xxx K followers always post pictures that you can earn $10000, etc just from $15 via airdrops, then they would put a picture to show and makes people FOMO.
Some time they bought some meme coins, then shill them to make people FOMO.
There are some truth in these pictures/statements but not always true. Some time you are their exit liquidity.
Repeat after me.
You are their exit liquidity.
However, for those low cost airdrop, one could always put some money to try. No harm, afterall, it’s free money right?
What are Airdrops?
Previously, I have shared some posts about airdrops, let me re-share them again.
Let me show your real example
Recently I got into $AEVO. I was too busy to type a post about this in my blog but I did share in my Twitter.
For those who real take action farm will be rewarded.
Depending on how much effort that you have put in and how much money that you have put in, your rewards would be vastly different.
My AEVO Story
From around the date where I shared the post about $AVEO in my twitter as above, I put in $200 USDC into the account and started trading in their account.
They came out with boosted volume and eventually my boosted volume is $300k before the snapshot. Base volume is about $62k.
How much money did I earn from the $200 efforts for airdrop?
For Airdrop $800 USDC
For Trading Profits
I forgot to screenshot this, but eventually I took out about $500 USDC from it.
Total Profit from $200 capital -> $800 + $(500-200) = $1100.
Not too shabby for few months of effort and fun in trading.
Airdrop is good Money
What I am sharing with you is that Airdrop is good money if you put in the effort to “Farm”, even with little capital.
Of course there are also cases which you farmed for nothing and the airdrop give you only few cents/dollars as compared to the effort and money put in.
It’s both luck and effort.
In short, to earn in Crypto, you need effort to read and find out and try.
Put small money and try if you want but remember to sell and take profit.
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- Are you one of them?
- Three Pictures to change your Life and Mind
- Live in Present is not easy
- 小时候，幸福很简单。长大了，简单很幸福。
- The Best Advice to Parents and Child
- What if Later never come?
- What will you bring with you on your last day on Earth?
- Time is the ultimate currency, not money
- Our Life only have 5 short Days – we should live the best for every day
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- 11 Important Unexpected Life and Money lessons to learn from Your Children
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- Careyourpresent: What is your purpose of life?
- Careyourpresent : Greatest Regrets in life
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