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Is It Worth Chasing Airdrops?
In my previous article, I mentioned that some of us have gotten a decent chunk of gold in the form of multiple Xs. Today, I want to discuss with you how valuable this gold chunk truly is and whether it was worth it.
Since itās unethical to count other peopleās money, letās talk without specific names, but in general. Based on public information Iāve seen, a good result is a 4-5x return on the money spent (commissions, staff, etc.). Investing a hypothetical $10,000 and receiving $40,000-$50,000 sounds good. But when you consider the 1-2 year time frame and the risk of getting nothing, it gives you pause.
Yes, you might say that you canāt make that kind of money without risks, and youād be right to some extent. But buying Bitcoin at $15 and selling it at $70 could also yield the same 4x return, with far less risk and effort.
Iāve shared my thoughts, but itās up to you to decide. Iād also appreciate your insights in the comments. 2 replies
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