Farcaster

Projects that offer airdrops often have their tokens listed on exchanges. If you can correctly short these tokens on the listing day, you can secure almost risk-free profits.

Key Points to Keep in Mind:

1. Open a Short Position Quickly – As soon as the token is listed (within the first 1-5 minutes), analyze its movement and open a short position accordingly.


2. Set Take Profit Immediately – Tokens tend to be highly volatile at listing. If you don't set a take-profit level, the price might hit your profit target but then reverse and liquidate your position.


3. Avoid High Leverage – Using excessive leverage increases the risk of liquidation before you even make a profit.


4. Study Tokenomics in Advance – Understanding the token’s fundamentals can help predict its movement.


5. Use MEXC Exchange – MEXC allows futures trading alongside spot trading.


Caution:

1. If You Miss the Initial Entry, Avoid Trading That Token

2. Avoid Strong Projects

3. Stay Highly Active in the Market

Great tips for those looking to capitalize on airdrops! Quick actions and risk management are key in this strategy. Remember to stay informed and cautious to make the most out of these opportunities. Happy trading!