Does hodling an airdropped coin ever turn beneficial to you?

in steemleo •  5 years ago  (edited)

I know, most of you will jump in to shout LEO to answer my question in a resounding yes.

I'm not that guy who will instantly sell his airdropped coins as soon as they are received. But I should add that my experience has rarely been positive in hodling any airdrops compared to those who sell them instantly. Still I refuse to learn!

I dunno why it's so hard for me to sell!

This month, I almost knew that SOV prices will fall drastically as soon as many people start claiming this claim drop but still I saw the prices going up in its initial days. And perhaps that along with the deflationary nature of the coin kept me from selling it. When it surpassed 0.06 EOS per SOV, I put an sell order at highly ambitious 0.099 EOS 😊 And now it has dropped below 0.02 EOS. Still I'm holding that bag of deflationary coin!

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How are your experience with airdrops?

If you have got some spare EOS, at what price point will you like to invest in SOV? 0.01 or 0.005 or 0.0001 or would you invest right away?

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I made out good selling my byteball airdrop both last year and this year. I dont normally hold an airdrop unless it's something I find utility in.

When PAL did an airdrop and people started dumping, I now regret not being able to stock up on it and become a larger account.

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  ·  5 years ago 

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  ·  5 years ago 

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