I Didn't Get The $ARB Airdrop, But I Made Some profits
Ever hear that being a crypto devotee will make your future more promising? Knowing something gives you power; if you know it, you know it. Many people won't understand or accept this until they do their research. When I opened Twitter, all I could see were numerous tweets about various crypto opportunities. I then wondered when my twitter feed started to become so full of cryptocurrency news. My Twitter feed was dominated by memes, celebrity rumors, and twitter influencers just two years ago. I'm happy with the growth I've made in my cryptocurrency adventure and proud to say I've done well for myself, but I still have room to improve.
Today, many people, including some close friends, received the Arbritum ARB token, which at its peak was worth $106. At first, I found this hard to believe because I had always assumed it was impossible to receive such a sizable airdrop for a project that only requires interaction. That was thrilling. But after not receiving the airdrop, I made the decision to buy the token. I made the decision to trade it on futures.
I used a 20X leverage when Iong the token. I've seen this scenario play out before: after an airdrop, the price drops, then spikes when no one is looking. It happened with the ape token and the aptos token. The future of the project is unrelated to the airdrop pump and dump pricing; it is merely an activity for that particular day. The folks who received the airdrop are selling it because they received it for free, and it is just based on excitement and manipulation.
A major lesson I've learned is that failure for the cryptocurrency industry is inevitable because so much is being built in the space and so much is happening for it to fail. Since I didn't receive this substantial airdrop, I'm now taking my search for crypto airdrops more seriously. The government is targeting the centralized ones because a lot of money is being invested in the sector and because of how difficult it is to shut it down due to its decentralized character.
I have many new crypto projects to test, but I don't have enough time to do so because there are too many of them. Just when you think you have finished and finished with one, another one pops up. If you are on the blockchain frequently enough, you will be rewarded and your work will not go in vain
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