Airdrop Frenzy! NIGHT has surged since its launch, should you cash out or hold long-term? The recent airdrop scene has been too crazy! On the first day of MIDNIGHT's launch, it surged into the top 100 by market cap, allowing many holders to achieve "airdrop freedom." Such money-making opportunities have left many unable to contain their excitement. However, the crazier the market, the more one must remain calm. New airdrop coins like NIGHT have extremely high short-term volatility and speculative risks. Many people chase the surge after seeing a short-term spike or are eager to cash out after receiving the airdrop, resulting in either getting stuck at high prices or selling at a low point, missing out on subsequent gains. My strategy is: the chips from the airdrop are essentially "windfall profits," so there’s no need to get caught up in short-term fluctuations; choosing to hold long-term is more reliable. Although NIGHT is a new project with high short-term hype, its true value needs time for verification. If the project can later implement practical scenarios and enhance its ecological layout, its long-term value will undoubtedly stand out; the returns at that time may far exceed now. On the other hand, if you cash out in the short term, you might make a small profit but miss out on larger long-term gains. Of course, everyone has different risk tolerances, and operational strategies can vary. If you are a low-risk investor, you can cash out a portion after receiving the airdrop to lock in some profits while holding the rest long-term; if you are bullish on blockchain technology and the project's prospects in the long run, you can completely choose to hold long-term and bet on the project's future development#
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Airdrop Frenzy! NIGHT has surged since its launch, should you cash out or hold long-term?
The recent airdrop scene has been too crazy! On the first day of MIDNIGHT's launch, it surged into the top 100 by market cap, allowing many holders to achieve "airdrop freedom." Such money-making opportunities have left many unable to contain their excitement.
However, the crazier the market, the more one must remain calm. New airdrop coins like NIGHT have extremely high short-term volatility and speculative risks. Many people chase the surge after seeing a short-term spike or are eager to cash out after receiving the airdrop, resulting in either getting stuck at high prices or selling at a low point, missing out on subsequent gains.
My strategy is: the chips from the airdrop are essentially "windfall profits," so there’s no need to get caught up in short-term fluctuations; choosing to hold long-term is more reliable. Although NIGHT is a new project with high short-term hype, its true value needs time for verification. If the project can later implement practical scenarios and enhance its ecological layout, its long-term value will undoubtedly stand out; the returns at that time may far exceed now. On the other hand, if you cash out in the short term, you might make a small profit but miss out on larger long-term gains.
Of course, everyone has different risk tolerances, and operational strategies can vary. If you are a low-risk investor, you can cash out a portion after receiving the airdrop to lock in some profits while holding the rest long-term; if you are bullish on blockchain technology and the project's prospects in the long run, you can completely choose to hold long-term and bet on the project's future development#