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RE: EOS airdrops and why it is a long term hold.

in #eos7 years ago

Tokens that’s distributed through forks or airdrops.. isn’t there an issue with them being dumped right away since most people consider them as “free” fiat? Can’t really get my mind around this.

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Some people do this but not all. Take Bitcoin Cash for example. A lot of people dumped it quickly for $200 but some held on and it is now worth 1k. It also depends on the project. If it is an airdrop of something people really believe in than they will hold those tokens for a longer time period.