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Top 5 Best Airdrop resources that you don’t want to miss

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Top 5 Airdrop channels

This is a guest post submitted on CryptoTapas by BitcoinZ.News

Airdrops are still around in the cryptosphere. Most airdrops are just a waste of time, however, some could turn out to be substantial.
Highlight and Share any textFor example, if you were one of those who subscribed for Ontology (ONT) airdrop, it could have been worth $11,000 during its peak.  Even today, it is worth $1500. Not bad for free airdrop.  

As it becomes difficult to raise money through ICOs or IEOs, more and more projects are choosing airdrops as a way to get traction for their projects.


What are airdrops?

airdropCompanies may decide to give free tokens to everyone who commits to an action. The action could be as simple as subscribing to your email, or tweeting or posting a comment on an article, or any number of things.

Sometimes, you could get free tokens just for holding some other tokens. If you hold your bitcoin or ethereum in wallets (not exchanges), you could receive free tokens based on a pre-set ratio. For instance, NEO holders received .2 ONT for each NEO held in their wallet. 

It’s called airdrop because once the condition is met (holding a certain tokens or subscribing, etc.) you don’t have to do anything to get the tokens, they are automatically dropped into your wallet.

How do companies benefit from airdrop?

Let’s say, you mint 10 Billion in tokens.  

These tokens are worthless unless people start using them. Instead of waiting for someone to come to you for your tokens, you give them out for free for them to be used on your platform.  This is similar to free sample that traditional companies give out.

Let’s say, you give out 1 billion tokens for free, via airdrops.

And let’s assume, your project is viable and starts gaining traction.  

Now, let’s assume each of your tokens is worth 1 cent, because your project has garnered interest in the community.

The value of the tokens you have given away is $10 Million (1,000,000,000 * .01), however, that value was derived because community involvement.  Without the free tokens there was a possibility that your project was never going to see the light of the day.

Here is the kicker. The 9 billion tokens that you kept in your own wallets is now worth $90 million dollars.

The community that backed the project by circulating the free tokens and bringing its utility to light gains $10 million as well.  Let’s say, you were one of the individuals who got 100,000 of these free tokens, it is now worth $1000, from just one airdrop.


Not all airdrops are worth it

worthy airdropsSome airdrops could be worth nothing, some range from $10 to $100.  

Higher value airdrops get to run out quickly if you are not in the know. And, keeping track of airdrops is a herculean task.  

That’s why we have put together some handy resources for airdrops. Bookmark this page and visit at least once a week to see what hot airdrops could be out there.  You never know, your 10 minutes could land you on the next ONT. Worse case scenario would be, you will learn about the new projects that are taking shape in the space. So it is not totally a waste of time.

 

  1. Bitcointalk

    Granddaddy of all resources, bitcointalk continues to be the best place to start looking for free airdrops.  This is the place where you will find all the projects mentioning about their up coming or presently running Airdrops and Bounties, so that you can keep track of the projects and make the most out of it.

    Below is a sample link to one of their airdrops.

    Bitcointalk Airdrop

  2. Cryptocreed:

    This place is quite similar and well researched on airdrop announcements from various projects and the current status of give away, whether it’s still active or not. And the best part is that, the website shows the rules that needs to be followed to be eligible for the airdrop.Below are the other 3 top airdrop channels which are similar to cryptocreed and they provide the airdrops information from all projects. One can always subscribe to them to get notified when a new project is offering and airdrop.

    Cryptocreed airdrop

  3. Airdrop Alert

    One of the other website to find the latest airdrop updates is Airdrop Alert.  It’s really to surf through various airdrops listed and choose which you would like to opt for.

    Not all airdrops are worth wasting your time, so choose wisely.

    Airdrop Alert Airdrops

4. Airdrop Hot List – Telegram 

Air drop hot list happens to be the biggest community on Telegram.
Airdrops Hot List telegramTelegram Url: https://t.me/Airdrops_Hot_List

5. Crypto Airdrops 

Another way to keep track of airdrops is by twitter and Crypto Airdrops provides all the updates.

Airdrops.io is part of this twitter page.
Cryptoairdrops twitter


Be Wise:

 

safe ways to apply for airdropsAirdrops are great, but you need to be cautious of some scammers and hackers. We suggest you do these while you Submit/Apply the details:

  • Always make sure the airdrops or bounties with their respective official websites or community channels, such as twitter, telegram or reddit.
  • Never and ever give away your private keys or seed phrases of your wallets
  • When they don’t seem reliable or if their project seems shaby, just exit.

NOTE: We will be updating this article with new resources as and when we find them, so make sure to bookmark this page.  If you have good recommendations, let us know in the comments.

Make sure that you have good anti-virus in general to keep trojans and trackers out of the way. We personally use Panda, it is light and doesn’t seem to affect the system performance. Since it is on the cloud, it gets updated with latest malware protection automatically.

Using a browser like Brave browser is also a good option, in our view, when dealing with all sorts of websites as it comes with inherent tracker disabling features.

Want to guest post?

You can submit guest posts to Cryptotapas to get your articles published here. Click here to Guest Post. 

Thank you for reading the article.
Subscriber-Banner-smallIMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

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About the author

RK Reddy holds two Masters degrees, one in Accounting and another in Business Administration with over 15 years of experience in the financial services industry.

RK Reddy is an ardent fan of Blockchain and Cryptocurrencies. You can see the excitement about this new blockchain technology in every article on Cryptotapas.com. Sometimes this excitement leads to an overly optimistic view. Guilty as charged. RK Reddy says what may seem like an ‘overly optimistic expectation’ today may become an everyday norm in 5-10 years; look at the history of cars or airplanes, Blockchain and Cryptocurrencies belong to a similar frame of reference.”  Of course, that is just his opinion.

CryptoSpace

Crypto Roundup: All Your YouTube Influencers in One Place

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Crypto Roundup

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.    

Worried about missing updates from your favorite YouTube crypto influencers?  

Welcome to the Crypto Roundup.  

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Ivan on Tech  Altcoin Daily

Crypto Zombie Box Mining

Ellio Trades Lark Davis

Data Dash Bitboy Crypto

MMCrypto Chico Crypto

Altcoin Daily

Video title: Bitcoin Will Be OVER $20,000 By Christmas 2020! BIGGEST WEALTH SHIFT OF OUR LIFETIME! Cryptocurrency

Date: 19-Nov-20

  • World’s biggest wealth shift of our lifetime is happening right now and no mainstream media is talking about it, except CNBC.

  • Preston Pysh predicted on August 26th that: “Bitcoin should be reaching its all time high by Christmas.”

  • If you are looking to buy a dip, there may not be one.
  • Ricardo Salinas Pliego, a mexican billionaire, has just revealed that 10% of his liquid assets are into bitcoin.

Lark Davis

Video Title: STOCKS HIT NEW HIGHS! WILL COVID VACCINES LEAD TO MEGA PUMP IN 2021? [Are You Ready?]

Date: 19-Nov-2020

  • Stock markets and bitcoin pumps higher on the news of the second successful covid vaccine.
  • There could be more chances for the new stimulus. Means more inflation, more debt and simultaneously pumps stocks, gold and bitcoin.

Crypto Zombie

Video Title: BITCOIN $18.5k TOP!!?! DON’T BE FOOLED!! HODL FOMO BEGINS!!! $TRILLIONS FLOOD!!

Date: 18-Nov-2020

  • Overall sentiment of Bitcoin has changed drastically from ICO craze in 2017 to a time where people are FOMOing to own more bitcoin.

Ivan on tech 

Video Title: BIG WARNING TO ALL HODLERS!!!!!!!!! DO NOT GET REKT!!! BITCOIN $18,500 REJECTED – NOW WHAT?

Date: 18-Nov-2020

  • Ivan expects bitcoin to shoot past $20K resistance before end of this year, giving it 85% probability

Chico Crypto

Video Title: World’s Most Powerful Turn BULLISH on BITCOIN

Date: 19-Nov-2020

  • All those who hold big bags of Bitcoin will come out of the shadows to talk up the Bitcoin rally, a $20K bitcoin could be on the cards before the end of this year
  • Ethereum mining could act as a big catalyst for Ethereum’s price
  • Big companies like google could play a bigger role in mass adoption of crypto

Let the FOMO begin…

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Continue Reading

CryptoSpace

Lessons from the Veteran HODLERS to the Newbies!

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Lessons in Crypto

For all those who entered the crypto market after the 2017 bull run – here are few lessons from the HODLERS from the last bull run(s).

This is our attempt at making all you newbies aware of the mistakes veteran cryptoers did.

Let’s get started…

Don’t FOMO in to all the hype

FomoIt’s hard not to FOMO in crypto.  The trick is to make sure you don’t lose your shirt in crazy bets.  Always limit your bets to what you are comfortable losing.

The common ways you can become victim of FOMO are:

  • Following your favorite YouTuber without actually doing your own research on the project.
  • Investing into projects at the top.
  • Believing in promises of 100x or 1000x without any substance behind those claims.

HODLing far too long

Remember why you are into crypto – to make the money.

Never fall in love with your crypto, and HODL the tokens even when they are 10x and more.

Have a strategy to take your capital out before you become a HODLer.  

If you believe the project really has what it takes to go beyond 100x and more, just sell in instalments so as to not miss the ride.

One of the best ways to HODL is to take your capital in full and profit in tranches.

This rekt story will give you a right perspective of what it looks like, it’s one of many:

Don’t put all your eggs in one basket

Never go all in on one project. No matter how strong the project may look, even the projects with strong fundamentals don’t do well sometimes. 

And, you will be kicking yourself watching other projects go up and your portfolio just doesn’t seem to make a move.

And don’t over do it and have a portfolio with over 100 projects either. It is very difficult not to have invested in more than 15 projects but anything less than 20 is a good way to go, in our opinion. 

Put aside the share of Profits for Taxes.

One way you can get a good night’s sleep is by paying taxes. 

Always keep a habit of putting aside a % of your profits in USDT or other stable coins, as a reserve to take advantage of market volatility and also to meet your tax obligations. 

Exchanges are more evil during bull run

Foreign ExchangesDon’t trust exchanges. Yes we already know that, but they play more games during bullrun, some intentional and some technical. 

Many exchanges tend to go under maintenance when the prices shoot up too high too soon (Coinbase?), and you can’t sell. 

And the shady exchanges scam out before you know.

Regulators seem interested when the market cap of these projects goes through the roof, which then adds FUD around the project crashing the prices.  

Exchange may freeze funds pending investigations when such issues arise.

Take for example OKEx. Users are unable to withdraw their assets from the exchange for almost a month now, not certain if they ever will, and all that started with the legal dispute.

Never fall for Arbitrage gains

Arbitrage is when you buy in one exchange at a lower rate and sell on the other for a higher rate to take some profits. 

Some shady exchanges show a lot higher prices than the other genuine exchanges and when you deposit your assets to sell at those prices there won’t be actual volume to execute the trade. You may be stuck with either a high fee for withdrawal or other funky rules to take your own money out. 

Remember, there is no free Giveaway

Free CryptoScammers rise with the rising market.  

When the crypto market buzzes with all time highs – scammers cash in big time on newbies.

The most lucrative scam in crypto is ‘Free Giveaway’. Whether it be through YouYube ads or discussion groups and wherever they can get your attention.  Read this article on various sophisticated scams that are being deployed.

We hope these lessons help you through your trades and crypto life.  Stay safe and always DYOR.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

 

Continue Reading

CryptoSpace

Crypto Roundup: All Your YouTube Influencers in One Place

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on

crypto news

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place.    

Worried about missing updates from your favorite YouTube crypto influencers?  

Welcome to the Crypto Roundup.  

On this page, we will post a quick summary of the videos from some of the most popular YouTube crypto influencers.

Ivan on Tech  Altcoin Daily

Crypto Zombie Box Mining

Ellio Trades Lark Davis

Data Dash Bitboy Crypto

MMCrypto Chico Crypto

Altcoin Daily

Video title: The United States Just Brought Bitcoin into the National Conversation!! | Cryptocurrency in 2021

Date: 16-Nov-20

  • Former National Treasurer and the new US Senator Elected, Cynthia Lummis, said Bitcoin fits the bill as a good store of value as it is finite and limited, unlike the inflationary fiat currency.

  • Grayscale adds over 7000 more bitcoin in just the last 24 hours.
  • Just over 16% ETH staked for ETH 2.0 launch on Dec 2 2020.
  • Bitcoin Cash hard fork takes place tomorrow.

Crypto Zombie

Video Title: WARNING!!! BITCOIN 2017 BEAR FRACTAL RETURNS!!! BTC WORST CASE SCENARIO…

Date: 14-Nov-2020

  • Institutional money starts flowing into bitcoin.

  • Paypal goes live with its crypto trading platform for eligible customers. They have also raised the buying limits from the initially set $10,000 to $20,000 per week.
  • DIA, an DeFI Oracle provider, integrates with Polkadot.

Ivan on tech 

Video Title: BITCOIN WILL DO SOMETHING INSANE THIS WEEK!!!! -30% DUMP AHEAD vs $20,000 PARTY – Programmer

Date: 16-Nov-2020

  • Bitcoin could make a big move this week, either hit 20K or we may see a 20% to 30% drop
  • Chainlink partners with Etherisc to deliver agricultural insurance in Kenya.

Ellio Trades

Video Title: UNLOCKING $100 TRILLION? This low cap gem seeks to bridge CeFi and DeFi

Date: 15-Nov-2020

  • DeFI could be similar to the ICO craze in 2017
  • Low cap gem: AllianceBlock
  • AllianceBlock is bridging the gap between DeFi and CeFi
  • AllianceBlock Partnership with Orion Protocol and Chainlink.

Chico Crypto

Video Title: WARNING! An “EVIL” Entity Wants Control of BITCOIN…

Date: 15-Nov-2020

https://www.youtube.com/watch?v=45Ac-5y2ofg

  • 90% of Bitcoin’s mining pools are controlled by China based mining pools
  • As the value of bitcoin goes up – there is a threat of push to ‘control’ the network from China
  • Binance is looking to push through the 50% mining share and Chico believes this could be dangerous

Visit our Crypto Roundup section daily for a dose of all your favorite Crypto YouTube influencers in one place. 

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Continue Reading

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