Crypto: Everyone is Getting Rich & You’re Not

in #hodl3 months ago

Everyone is getting rich in crypto and you’re not.

But here’s the good news. It’s not too late.

While many would consider the Bitcoin and cryptocurrency market to be a giant casino, if there is one thing you can say about this market, it’s resilient. Every time the finance world has declared that the death blow to Bitcoin had finally been delivered. It has stood back up, and become even stronger. That is exactly what is happening today with Bitcoin.

Wall Street is Buying Bitcoin

The almost legendary Bitcoin spot ETF was finally approved in January and it hasn’t disappointed. There have already been more than $10 billion of Bitcoin inflows into these ETFs. Perhaps even more important is that BlackRock has become one of the biggest supporters of this market. Arguably the most powerful company in the world, and them changing their stance on Bitcoin has already had a tremendous effect on how this asset is viewed. Wall Street finally coming to Bitcoin has caused the price to soar above $52k, and that is only the beginning. All of a sudden, those theories of Bitcoin and crypto causing one of the largest transfers of wealth that the world has ever seen don’t seem that crazy.

Those who have been investing in Bitcoin for the long term have seen their portfolio go exponential.

But that’s not where the real money is being made in crypto this cycle.

Crypto Airdrops

The narrative is that taking the market by storm are crypto airdrops.

On seemingly a weekly basis; people are being rewarded with crypto airdrops that often equal a full year’s worth of salary. In some cases, they are receiving fortunes.

In just the last few months we have seen projects such as Pyth, Jupiter, Jito, and Dymension deliver hefty rewards to people for testing their network and contributing to their community. It was also just announced that Starknet will be distributing their airdrop on February 20th. Many of the users who qualified for these airdrops received over $10k worth of tokens.

While receiving one $10,000 airdrop won’t make you rich. It is an amount that would help to significantly jumpstart most people’s crypto portfolios.

However, most people aren’t qualifying for only airdrop. They’re qualifying for handfuls of them.

Once you have gone down the cryptocurrency rabbit hole, and airdrop farming in particular. It begins to consume you, and you begin hunting as many airdrops as you possibly can.

Many of these users have qualified for most, if not all of the project’s airdrops that mentioned above.

And this is just the beginning.

It’s becoming clearer by the day that the next crypto narrative is airdrops and there are countless more opportunities on the horizon. Projects such as zksync, Linea, Scroll, MarginFi, Base, EigenLayer, EtherFi, LayerZero, Wormhole, and the list goes on.

Qualifying for one crypto airdrop won’t make you rich, but receiving handfuls of them certainly could.

Number Go Up

With Bitcoin surpassing $52k, we are quickly moving into the next bull market. When Bitcoin soars, altcoins move up along with it. When Bitcoin does a 2x, certain altcoins could increase by 20x or more.

Now just imagine that you receive 5 to 10 airdrops valued at $10k each. This would give you $50k to $100k worth of crypto. During peak bull mania if these projects do a 20x. The free airdrops you received would now be worth millions of dollars.

While this may sound crazy or unachievable for many. The reality is that this has been happening during the last few months and will continue to happen as new projects give out airdrops.

Anyone can qualify for these airdrops. All that is required is your time and some capital to test the network.

Before beginning you need to be aware of the fact that crypto airdrop hunting is an extremely time-consuming task. It will take up a large majority of your free time and you need to be willing to accept that. There is also no guarantee that you will receive any airdrops. Meaning that you could be wasting your time and money with some of these projects.

When it comes to making a fortune by receiving airdrops, everything is dependent on you. Do you have the motivation, patience, conviction, risk-taking nature, and hunger to succeed?

Crypto airdrop season is here, and it can truly be life-changing. The opportunity is there, don’t let it slip by.

How about you? Have you received any of the crypto airdrops?

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As always, thank you for reading!