Is it advisable to buy a newly listed coin that just finished an airdrop?

[Fidelia]

Should one buy a new coin that had been airdropped for a long time and it finally gets listed? People say that we have to wait for the coin to finish dumping? How do we know when a newly listed coin that just finished an airdrop finishes dumping so that we can buy it?

 

[King Belieal]

People that just participated in an airdrop and have the token always want to sell quickly after the listing. Best bet is to buy two months after the airdrop listing.

 

[Suba]

Most coins that just finished an airdrop and distributed to the community are experiencing a downward trend, so you need to be careful, volatility is still high, it should be used as a trading pair, not for investment.

 

[Nomad]

It is risky but if you can take a risk you might be able to profit a lot. I made profit with Floki but lost with Hamster.

 

[eLdavis]

I think it depends on the individual if they are willing to take that level of risk, then no problem. Though I won't advice anyone to do this, but it's just too risky.

 

[magnus2022]

After airdrop, the price of the coin will drop drastically and will start adjusting to it's true value. It is advisable to buy after airdrop because the price will be very down. But it will increase if the coin have some real time usability and value.

 

[Augusta]

It is to first make your research and find out that it is worth your investment before going ahead

 

[riberet19]

I guess not, these cryptocurrencies right after finishing an airdrop are dumped in the market, people quickly sell the profits to make a quick buck, so it is not advisable to buy at that time.