I never thought I would complain about receiving free value.
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Crypto has been amazing in recent years. First with ETH starting a big airdrop trend (I especially liked the UNI drop) and now other ecosystems are taking the reigns since it cost too much to either automatically drop or have a claim drop on ETH.
I am becoming overwhelmed by the Cosmos Ecosystem airdrops. These drops begin with real value from a few hundred dollars to 10s of thousands. Since most are connecting to Osmosis Network you are able to trade these instantly, pay no gas fees, a small liquidity provider fee and usually a very tiny slippage amount.
I would not be able to keep track at all except for this great reddit page:
My current thought is to sell and cash out as bills have built up and it would be nice to have less debt stress. But I suppose if the airdrop is large enough I will need to decide to cash out a portion and reinvest the rest.
What are your thoughts on the upcoming airdrops? Any that must be held due to there unique proposition and likely value creation?
As much as I try to create passive income with Crypto, it sure is an active "job" keeping up with everything going on and trying to do the right things to qualify for the latest airdrop.
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
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