Mastering the Art of Airdrops

One of the most commonly asked questions I get is ‘Should I chase Airdrops?’ Almost always the answer is ‘no’, followed by a very quick ‘well, yes!’. Today I will explain why and give you and example or two to boot. BUY THE RUMOR SELL THE NEWS We are probably all familiar with this saying. More often than not we hear that you’re going to get ‘something for nothing’, or a ‘huge announcement is incoming’ (weird thing to announce in advance, unless you want to hype the price, right?), and then follows the big news or announcement, and in this case the airdrop. People wait for the snapshot, and dump their original purchase as fast as they can. Lets use Medibloc as a case and point as its happening now and is a great live study of this theory. Here is the price action leading into the Airdrop.   Here is the 30 minutes straight after the snapshot It dropped from $0.03 USD to $0.0138 USD. That’s well over 50% of its snapshot value. Let’s look at how you can play the Airdrops and more often than not come out on top. 1. The Trader Whether you believe the project you are investing in has long term value or not, by simply following one of the many crypto announcement calendars you can see which projects will be doing upcoming...

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