This year, everyone has deeply felt that the heat of the entire cryptocurrency circle has reached a new height. Many people believe that a bull market is about to come. As ordinary people, it is naturally impossible to judge whether the bull market has really arrived, but those who often pay attention to airdrop projects must have felt it. This year, whether it is exchanges or on-chain, there are really a lot of actions. Such market activity is both a good thing and a bad thing for the airdrop party.
First of all, with more actions and more projects, there are more opportunities to get some money, or even big money. This is naturally a good thing, especially for those who don’t have much money. It is a rare opportunity. It is good to get some money and improve your life.
Secondly, with so many projects, it is easy to combo them if you make good project arrangements, one after another, to get as much dividends as possible from the bull market. We don’t know how long such a lively scene can last, so while the heat has not yet subsided, we must maintain a sense of hunger and urgency. Everyone comes to the cryptocurrency circle to make money, without stealing or robbing, and making money is natural.
In addition to the above benefits, there are also hidden worries. With so many projects, there will naturally be a mixture of good and bad. Among so many projects, there are many unqualified ones, and even scam projects. Everyone has heard about the risk of rug, 500 eth! There are also many wallets stolen by friends, or they are deceived by phishing websites. Such things are common in the bull market. Therefore, when you are working hard to make money, you must be vigilant and don’t want to do any task you see. You want others to airdrop, and others want your principal. Here are a few suggestions for you:
1. Keep your wallet safe! Passwords and mnemonics must not be disclosed. Write them down on paper and hide them well! Do not copy and paste them on your phone or computer!
2. Don’t follow up on airdrop projects, especially if you see them on Twitter, db groups, dc and other social platforms. Be careful and don’t click on the links left by others! It is very likely to be a phishing website and a virus link! Many people’s wallets have been stolen in this way!
3. There are many projects, and there are also many scam projects, especially those that require you to pledge or bridge projects. You must inquire through multiple channels! When looking for projects on Twitter, you have to see if the other party is a serious blockchain blogger, see his number of fans, fan interaction, account registration time, etc. Only old accounts, many fans, and many interactions can proceed to the next step, that is, the research of specific projects. For a specific project, you can start with the official website to see how its white paper is written, who the investors are, what direction the project is going, what plans the project has in the future, etc., and then go to the social account to see how many fans there are. If there are too few fans, the attention will definitely be low, and the prospects of the project are hard to say. There is also a telegram group, mainly to see if there is any negative news about the project. There will definitely be complaints, and there will be people complaining about any project, but some key information must be paid attention to. Take the risk incident as an example. I saw people leaving messages under the risk account on Twitter the day before yesterday saying that there was a problem with the project, and then someone in DC said that, as expected, something went wrong. There is no anti-fraud center APP in the web3 world. Everyone must learn to collect and analyze information by themselves!
Finally, if you are a novice in coin-mining, it is recommended to start with zero-cost projects, such as some testnet projects, blockchain games, etc. These projects may not have airdrops, but don’t forget that it is a so-called bull market now, and the chance of airdrops is still very high. There is a saying that you may not get it if you coin-mint, but you will definitely get it if you don’t. Zero-cost projects have low capital risks on the one hand, and on the other hand, they allow you to slowly adapt and learn how to coin-mint. Experience is accumulated slowly in the process of doing it yourself. Remember, in the currency circle, don’t blindly follow anyone’s advice, you must try, do, and experience it yourself.
I hope everyone can make money in the upcoming bull market. Money is the bottom line!
