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RE: Received A MASSIVE Airdrop For Proactively Doing One Simple On-Chain Task

in LeoFinance2 years ago

Wow. That is absolutely amazing. Congratulations. I am soooooooo behind and doing the bare minimum in this world. Receiving an air drop like that would be life changing for me. I clicked some links, did some reading, and followed some accounts. Immersing myself much more deeply in to the cryptosphere would probably be much more profitable than the reselling I do. It feels overwhelming, and the learning curve is great. There's very little available for newbies into this kind of thing, and you have to just kind of dive in and do your best. Seems the most important thing is to be in the right groups and the right places at the right time.

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If you proactively search for the terms airdrop on YouTube, many influencers post videos about them and you can follow their steps to become eligible to the degree you can. Some airdrop snapshots have already occurred, but many are to come. Some require a decent investment of staked tokens, while others don't require much at all. Airdrops are a good way to get ROI on your investment into the tokens that gained you eligibility, plus they then offer you yield or compounding airdrops if future snapshots account for those new tokens you got. It can waterfall quite nicely. The last year has been very profitable in this sense, but I didn't start with a large amount on one main chain (Cosmos). I've diligently compounded at high APR yields, and gotten tons of other airdrops (while the prices have also rose). You just have to find the right layer one or key tokens to stake on-chain, and use sources like YouTube, Reddit, and Twitter, etc. to get ahead of them.

That's helpful. Do you find that information much here or on Leo Finance?

Not on Hive or Leo at all, but I'm not digging much. Perhaps there's some, but I'd rather go right to the source.

Thanks.