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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Crypt0Gore on January 09, 2023, 08:09:17 AM



Title: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Crypt0Gore on January 09, 2023, 08:09:17 AM
I am still building my long term crypto portfolio and I've add almost all available crypto genres to my wallet including

• Play to Earn
• Layer 0, 1, 2
• A.I Projects
• Move to Earn
• Storage & Data etc

But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Beparanf on January 09, 2023, 08:15:51 AM
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

Most gambling tokens perform poorly in terms of price growth because it’s designed as reward tokens for user that play in the casino although they have other utility but the emission rate is always greater than it’s benefits plus the team is using a portion of its supply for marketing which makes the liquidity drained to dump the price. This kind of token is good for investment once all the token supply is already mined.

Token burn coming from buy back is what makes the price for this token drive up. But it all depends on casino profitability minus the expenses.

BFG is the most successful gambling token while the price is currently on the deepest part. I believe this is the best gambling token for me to invest based on current condition. You can add FUN and OWL since they are both a good contender to BFG.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: RILWAN on January 09, 2023, 08:20:01 AM
DYOR if you ask source question in a discussion forum as this, you may have misleading information from token chillers who will want to influence for their token.

Since you already know about the coin market cap you can make your choice from that place, we also have a few of them who have their presence here in this forum.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: yahoo62278 on January 09, 2023, 08:25:34 AM
Take a look at every platform that has tokenized themselves. To my knowledge all the tokens end up basically worthless so I wouldn't add any toke s to my portfolio.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Cantsay on January 09, 2023, 09:11:36 AM
I currently don't have any gambling token in my portfolio because I fear that they won't do well in the future. And since you plan on going for a long term investment I will advice that you do your own research combined with all the suggestions you will get from this thread.

DYOR if you ask source question in a discussion forum as this, you may have misleading information from token chillers who will want to influence for their token.

Exactly, most users here are team member of some certain gambling site and you wouldn't expect them to talk bad about their project all they are going to do is to try as much as possible to promote their project even if they know that their project have no future.
And again for those that are not in anyway affiliated with any gambling might end up giving advice/suggestions based on the experience they got from just one project.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: ryzaadit on January 09, 2023, 09:26:09 AM
Most of the gambling tokens focused on sharing revenue from the platform.

However, all-will be depends on the token price you're entering + the revenue has been made by the platform. But in my opinion, a gambling platform who offering an investment with tokens & without tokens.

Using a token, have more risk rather than without a token (Shares).


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Desmong on January 09, 2023, 09:33:29 AM
It all depends on the token project and the casino involved because there are some casinos that are always promoting there coin using different influencers on different social media like YouTube, Twitter, Facebook, Telegram and many more so that gamblers can see good reasons to buy and hold there token. There some casino that are going extra miles to have a huge market cap.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Kakmakr on January 09, 2023, 09:35:44 AM
I do not see the need for those "gambling" tokens... other than some casinos making more money out of the gambling tokens that they developed. Most of these tokens have zero utility, because it cannot be used for anything else... other than using it for gambling.  ::)

If you want to invest in one token that has some utility and trading value, then go with the FUN token that are used on one of the biggest and oldest Crypto casinos, called Freebitco.in.  ::)


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: piebeyb on January 09, 2023, 09:43:25 AM
you think that 2025 is a bull market and believe that all gambling tokens will have a high value along with the price of bitcoin and other cryptos, I'm not sure about that either, but I don't recommend gambling tokens as an investment but to get benefits I think it's possible, because usually casinos issuing their tokens to share the benefits only and not on the value, but all the risk returns to you, I'm not sure I can choose a good gambling token for you


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Oshosondy on January 09, 2023, 09:58:11 AM
Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
None, I will not add any gambling token. The only reason I can have them is the reward or customer advantage of the user's that have it on the gambling site they are, aside that, I can not have it. Presently I am not having any gambling token. I do make research on coins, not because they are gambling tokens but about how their future can be is what I look into before taking any coin, no gambling token on my list as at now.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Crypt0Gore on January 09, 2023, 10:38:14 AM
I do not see the need for those "gambling" tokens... other than some casinos making more money out of the gambling tokens that they developed. Most of these tokens have zero utility, because it cannot be used for anything else... other than using it for gambling.  ::)

If you want to invest in one token that has some utility and trading value, then go with the FUN token that are used on one of the biggest and oldest Crypto casinos, called Freebitco.in.  ::)
The same FUN token? Wow I don't know that this token belongs Freebitco.in, I used this platform to get some Satoshis some time ago, I was hesitant to buy any gambling token because I wasn't so sure why they existed in the first place that's I created this topic but thanks for your contribution, I will look into FUN token right away and stay away from the rest.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Daltonik on January 09, 2023, 10:59:17 AM
I am still building my long term crypto portfolio and I've add almost all available crypto genres to my wallet including

• Play to Earn
• Layer 0, 1, 2
• A.I Projects
• Move to Earn
• Storage & Data etc

But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

You can easily look at gambling tokens on coinmarketcap and evaluate their potential for your investment opportunities yourself, there are quite a lot of them you can choose from the 58 tokens presented on cmc:
https://coinmarketcap.com/view/gambling/


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: tbct_mt2 on January 09, 2023, 11:19:42 AM
I am still building my long term crypto portfolio and I've add almost all available crypto genres to my wallet including

• Play to Earn
• Move to Earn
Project developers and early investors will earn from late comers. You will have serious losses by holding Play to Earn, Move to Earn tokens.

Quote
• Layer 0, 1, 2
I only know of Layer 1, Layer 2 projects. What is Layer 0?

Invest in Layer 1 projects is better than Layer 2 projects.

Quote
• A.I Projects
• Storage & Data etc
AI projects are hot lately but with Storage & Data projects, they are not new. I would like to choose Storage & Data projects with Proof of Work algorithms, not Proof of Stake algorithms.

Quote
But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number.
FUN token from Freebitco.in (https://bitcointalk.org/index.php?topic=319540.0)
OWL token from Owl.games (https://bitcointalk.org/index.php?topic=5378280.0)


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: len01 on January 09, 2023, 11:28:01 AM
-snip

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
there is no reason to add gambling tokens in my portfolio, because for me gambling tokens only have the function to bet on one gambling platform. although the utility is high but for me there is no reason to buy held as a futures investment. and as far as I know gambling tokens were created not only to bet, but also to promote the gambling platform. for driving the value of gambling tokens such as FUN tokens, of course, they will also have value when the BTC price rises when the bullish arrives, because all tokens still depend on the king of coins.


I'm not going to recommend any gambling tokens as I haven't added anything to my portfolio myself, but you can consider all the suggestions from some of the replies of other members in this forum.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: dimonstration on January 09, 2023, 11:39:03 AM
• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

If I were on your shoe, I will not on gambling tokens and focus on blockchain coins such us Bitcoin, Ethereum and others that is currently on down trend too. Most of this gambling tokens lost already the hype and you can see a same trend on all of this token which is downtrend. Gambling industry in web3 is not that hype anymore since centralized casino is still the top choice of gamblers.

You will just burn money by investing on gambling tokens since most of them is still not finished on there token vesting for the circulating supply. I will wait for the perfect time when there’s no new token being mint before I purchase these tokens.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: robelneo on January 09, 2023, 11:41:05 AM


• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?
I have two BFG tokens and an Owl token the value of these tokens depends so much on the platform, the reputation of the platform and its roadmap, and how dedicated the development team is to accomplish what's on their roadmap like all the other coins/tokens in the market, it will appreciate and depreciate based in the market condition, but as long as you follow the development of the project. you can take the right action in every given situation, right now there is no safe coin/token/project only Bitcoin enjoys the trust of the whole community.
Even if I recommend these two tokens to you I still recommend that you do your own research and invest what you can afford to lose.



Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: klidex on January 09, 2023, 11:47:52 AM
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
For whether to add gambling tokens to the crypto portfolio.
I think gambling tokens are better to only use when gambling or betting on certain gambling platforms and there is no benefit to saving in a crypto portfolio, especially saving for the long term because in my opinion it's just a waste of money and time because it has a very big risk and it is even more risky to keep gambling tokens than to keep Altcoins.
In addition to getting gambling tokens from bonus results or for free, it is possible to store them in a crypto portfolio because we don't spend any money at all to be able to buy and own them.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Slow death on January 09, 2023, 12:45:35 PM
• Is there any reason to add gambling tokens to my crypto portfolio?


I don't see any reason for you to buy these tokens from casinos, for example if you buy bitcoin, you will be expecting that in 4 years the price will go up a lot because there will be the halving, also the price in the past managed to reach $68000 and it just dropped a lot because the entire international market is going through a financial crisis due to the war in ukraine, so there is a high probability that this war will end sooner or later and the price will go back to 68000$ or more, so it's worth buying bitcoin

What drives their value?

agreeing with the same thought I wrote above and at the same time answering your question, the truth is that there is nothing concrete that could lead to an increase in the price of these casino tokens, you can sit down and do research on your own and then decide ask what's special about these casino tokens you won't find anything

Do they appreciate in value just like other altcoins whenever we are in a bull market?



see this:

Having long-term potential also shows that the currency is stable and won’t experience drastic changes over time. Plus, having good long-term potential means that there should be plenty of room for growth for new investors looking to get into cryptocurrency for the first time.

There are some that believe CasinoCoin may not be a good investment is that it may be difficult for beginners to understand how the technology works. For example, if you don’t understand computer code or technology, then you may have difficulty trading in casino coin or even using it at all. Additionally, there are likely going to be many different types of cryptocurrencies out there, and casino coin may not stand out enough compared to others to make it worth your while as an investor.


One last possibility why casino coin may not be a good investment is that it may fall out of favor with casinos and thus become worthless in the future. In order for cryptocurrencies like casino coin to succeed, they need to find ways to appeal more broadly than just casino owners and players who want anonymity when gambling online or offline.



in this article: https://igaming.org/casino/is-casino-coin-a-good-investment/

You can see what I'm talking about, it raises crucial points that show the downside of investing in these casino tokens.

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

my answer is simple: no, this is not worth the time and risk, look for other altcoins or bitcoin to invest in, you said yourself that you had already invested in cryptos, is that not enough?


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: gunhell16 on January 09, 2023, 01:09:16 PM
I am still building my long term crypto portfolio and I've add almost all available crypto genres to my wallet including

• Play to Earn
• Layer 0, 1, 2
• A.I Projects
• Move to Earn
• Storage & Data etc

But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

If you really want to take a risk in the gambling token, I think I suggest you to add BFG(Betfury), because compared to other gambiing token this BFG for me has a good potentials to increase in the future especially when Bull run's back in the market. But this is just an opinion based on my experienced.

However, You are focusing in the gambling token dude? Why not Bitcoin, Matic, Sol, BNB, and Ethereum?


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Aanuoluwatofunmi on January 09, 2023, 01:09:31 PM
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
None, I will not add any gambling token. The only reason I can have them is the reward or customer advantage of the user's that have it on the gambling site they are, aside that, I can not have it. Presently I am not having any gambling token. I do make research on coins, not because they are gambling tokens but about how their future can be is what I look into before taking any coin, no gambling token on my list as at now.

Gamblers will not want to have this tokens with them for long provided that they were given into them as reward, also if we consider the numbers of the ones that have already existed but no more in place, no one will like to recommend one or even have them on the portfolio, just as you all have said, you can make more research on that but make sure you have it all that it has high disadvantage than you could see it presenting.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Tumanggor on January 09, 2023, 01:17:46 PM
the research that is carried out must be in-depth so that you don't choose the wrong gambling token that has potential in the future

Take a look at every platform that has tokenized themselves. To my knowledge all the tokens end up basically worthless so I wouldn't add any toke s to my portfolio.
not all gambling tokens I think are worthless, gambling tokens like BFG, coinpoker and FUN have quite a good value. but don't have high expectation for the increase in the price of gambling tokens because gamblers prefer to play with bitcoin, bnb or dogecoin





Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: passwordnow on January 09, 2023, 01:36:06 PM
Is there any reason to add gambling tokens to my crypto portfolio?
I don't know about you, it should be your preference whether you want to add casino tokens or not. It's your portfolio and you shouldn't be looking for reasons from other people if it should be in your stack.

What drives their value?
Their market is what drives the value, so if there's a lot of usage from its respective casino then the volume will be much higher.

Do they appreciate in value just like other altcoins whenever we are in a bull market?
There's no guarantee, it's a maybe.

If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
I don't have an interest on any of them as of the moment so, if I'm on your shoe then I'll allocate that to bitcoin.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Fivestar4everMVP on January 09, 2023, 01:39:29 PM
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?
One reason i find most important is that holding a gambling token like FUN token opens your FreeBitco account to some premium bonuses and treatment, though you have to hold or stake nothing less than 2,500 FUN on their casino.

And for the second question, Yes, almost every altcoin appreciate in their prices when ever a major bull run hits, this is why the bull season is the worst time to choose an altcoin to invest in as their prices all go up, even the ones that have no usecase at all.

Quote
• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
There are several many of them like you said initially, but for me, if i was in your shoes, i would only choose three, and those three are -
  • FUN token -by FreeBitco casino
  • OWL token -by owl.games casino
  • BFG token -by BetFury casino.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: rhomelmabini on January 09, 2023, 01:44:01 PM
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
• Well, it will be subjective on every individuals since we all have different preferences but I think gambling tokens aren't likely my type to hodl especially right now in this market. Maybe when it's bullish again. They will appreciate value but as I've said likely in the bull market.

• Nothing, I am focus on getting BTC and ETH, they'll not likely to give you a headache when the market drops again. Altcoins hit hard when these two moves.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: blockman on January 09, 2023, 02:31:02 PM
If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
With all of those projects and types that you've mentioned, you haven't mentioned owning bitcoin and Ethereum. And that's why if you are ever interested in gambling tokens, there are some from reputable casinos but that doesn't guarantee success for their tokens.
There could be little value and volume from it but it's still going to differ if it's about their tokenomics.

  • FUN token -by FreeBitco casino
  • OWL token -by owl.games casino
  • BFG token -by BetFury casino.
These are the most popular in the forum and I think there are still other than them but above the choice, they're likely at the top of it.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: bitbollo on January 09, 2023, 02:33:44 PM
there is a specific reason that drive you to create a portfolio like this? I mean, you're doing for "profit" or just for some nice experiment?
You can invest in some of these tokens has other users have highlighted. Have a look also for this topic here
https://bitcointalk.org/index.php?topic=5406098.0
I think you can find some interesting hint for your strategy but after I have seen some big collapse like "betking" I would don't invest in token like this but only buying "the classic" bitcoin ;)


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: PX-Z on January 09, 2023, 02:37:21 PM
Gambling token for long term? Never had a proof that it take much longer or as for long term investment. I knew a gambling/casino who build their token yet after a year or two this bring them down or the other way around, many issues appeared, etc.
I'm not saying that every casino who build their own token is subject for their downfall or so, it's just that its my less priority or not at all when talking of holding coin for investment.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: coin-investor on January 09, 2023, 03:10:58 PM

There are several many of them like you said initially, but for me, if i was in your shoes, i would only choose three, and those three are -
  • FUN token -by FreeBitco casino
  • OWL token -by owl.games casino
  • BFG token -by BetFury casino.

I also have these three, they are in the market already the two of them already launched signature campaigns and they all have good platforms that can boost their credibility, so far there are casinos with tokens that launched in the past but did not reach the success level of these three tokens, you need to understand that like all the other coins/tokens these tokens can go up and also could go down, so better ask yourself if these are the tokens worth investing.
I'm still reeling from the price of Owltoken depreciation but confident that they will increase in value.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: maydna on January 09, 2023, 03:30:03 PM
There is no reason to add gambling tokens to your portfolio @OP. You better focus on adding bitcoin to your portfolio. But this is just a suggestion, and the decision is yours.

For gambling tokens, I think you can try investing in BFG, FUN, and OWL because I see these three gambling tokens are the most known by traders and investors. But maybe you can take a look and do some research for other gambling tokens. But don't put a too big percentage into those tokens but put a big percentage into bitcoin.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Yatsan on January 09, 2023, 03:34:14 PM
I am still building my long term crypto portfolio and I've add almost all available crypto genres to my wallet including

• Play to Earn
• Layer 0, 1, 2
• A.I Projects
• Move to Earn
• Storage & Data etc

But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
As others have mentioned, if it is for a long run growth with the market value of gambling tokens, then it's a no. Most of the gambling token's market prices either fall down after the release of the project or stabilize at a certain price point. Reason I guess is utility, supply and demand. It has a huge supply most of the time because it is being used on the gambling site itself, resulting to a low demand simply because gambling tokens are easily earned. Gambling tokens are a good investment before the project release but problem would be determining which is which. The thing that you would anticipate is the spike of its price depending on the potential of the project itself.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Yogee on January 09, 2023, 04:57:59 PM
Only buy them if you're actually going to use them. You can also stake them if you want but there are many tokens out there with the same utility so you're probably better off investing in others. The market for gambling tokens is not as big as you may think. Those high rollers on casinos probably do not care about the tokens and just toss them out for peanuts.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: fullhdpixel on January 09, 2023, 06:38:22 PM
As others have mentioned, if it is for a long run growth with the market value of gambling tokens, then it's a no. Most of the gambling token's market prices either fall down after the release of the project or stabilize at a certain price point. Reason I guess is utility, supply and demand. It has a huge supply most of the time because it is being used on the gambling site itself, resulting to a low demand simply because gambling tokens are easily earned. Gambling tokens are a good investment before the project release but problem would be determining which is which. The thing that you would anticipate is the spike of its price depending on the potential of the project itself.
I think it depends on the gambling tokens. So, many gambling tokens are down, that would be because the gambling site that owns them are also not popular as the leading crypto gambling sites right now like stake, roobet, duelbits, ... but imagine if these gambling sites do also create their own tokens then I think its price will also pump, if not then it will still have a decent value and won't dumped that much but let us see if what will be the faith of other gambling tokens, maybe most of them are also dependent on the market situation and once bull run comes, they too can recover. The OP can try bagging some but mostly for those who are established casinos only.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: uneng on January 09, 2023, 07:57:11 PM
Check coinmarketcap top gambling tokens list: https://coinmarketcap.com/view/gambling/

FUN token ranks at first position, followed by CoinPoker CHP. They are not very popular in the market, considering their top 1 in at 271Ί position among all cryptos, but you have to read what features each of those tokens offer to holders. I'm familiar only with FUN and it has a rewarding staking program plus a premium program inside freebitco.in platform.

If you want to verify FUN token investment experiment's results, you can access my thread: https://bitcointalk.org/index.php?topic=5405945.0


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: romero121 on January 09, 2023, 10:50:11 PM
Only buy them if you're actually going to use them. You can also stake them if you want but there are many tokens out there with the same utility so you're probably better off investing in others. The market for gambling tokens is not as big as you may think. Those high rollers on casinos probably do not care about the tokens and just toss them out for peanuts.
Staking those coins were the best option available. When it comes to gambling tokens they don't have multiple usage. Tokens can be used on their own platforms for gambling and to make revenue out of staking. Users who prefer investing on gambling tokens can also have an overview on the fan tokens which are similar in purpose. However while investing into these coins for long term it is to be considered as an investment without return. Feel happy if it brings good profit.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: sheenshane on January 09, 2023, 11:11:25 PM
But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
You can visit the Gambling (https://bitcointalk.org/index.php?board=56.0) section for the DYOR for the gambling discussion and the gambling token, search the top gambling token on the Coinmarketcap and also search on that section their progress, to chose and to know their quality if they're worth it to hold in a long term.

But IMO, tokens in casinos are only for the reward system and as I've observed, most of them didn't good for investing in the long term.
So adding gambling tokenized to your portfolio is quite risky and you'll never know what will happen to them in the future.  For the long term, give a big allocation to Bitcoin if you want investment in the long term.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: AmoreJaz on January 09, 2023, 11:20:50 PM
But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?
You can visit the Gambling (https://bitcointalk.org/index.php?board=56.0) section for the DYOR for the gambling discussion and the gambling token, search the top gambling token on the Coinmarketcap and also search on that section their progress, to chose and to know their quality if they're worth it to hold in a long term.

But IMO, tokens in casinos are only for the reward system and as I've observed, most of them didn't good for investing in the long term.
So adding gambling tokenized to your portfolio is quite risky and you'll never know what will happen to them in the future.  For the long term, give a big allocation to Bitcoin if you want investment in the long term.

better be cautious when it comes to gambling tokens. they can easily die down if the casino itself is not doing good. why push for holding gambling token if it is not worth long-term? you can still find valuable alts but don't invest in new alts with very little proof that devs will honour their promises. from the list of the OP, more then likely, only few of them will survive. most p2e tokens are already showing weak market.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Baofeng on January 09, 2023, 11:32:30 PM
Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

Unfortunately, gambling token is just pure hype as well, just look at the World cup token, they suddenly exploded and now almost every each one of them have died. I remember way back in 2018 this was also the hype, but we haven't seen any success as well. There were even one known casino here who have their own token, but there are multiple accusations against them. They have a good signature campaign, unfortunately, because of this, they were force to cut it after many years and then we never heard from them again, although if I'm not mistaken, the ANN thread is still alive but nowhere the reputation they have like in the era of 2016-2019 of this well known casinos.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: crwth on January 10, 2023, 03:56:29 AM
Tokenizing their service or their currency has become entirely unnecessary. It has become a type of "bailout" or "printing of money" because you can produce that, and you have to have that kind of safety net, but it will just decrease over time IMO. So they are probably going to use it as a sort of emergency fund, and knowing that the gambling tokens have the majority of tokens in circulation is for sure the casino, they would be cashing it out as well.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: Xal0lex on January 10, 2023, 05:32:12 PM
But I have not add any gambling token to my list at all, I went on coin market cap and I saw many gambling tokens, I never knew they are that much in number. My questions is

• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

• If you are in my shoe right now, what gambling token do you think you can take a risk on and add to your crypto portfolio and why?

Are you referring to the internal game tokens of projects, which are used in games for buying-selling and other internal economy of a particular project? NFT tokens that are used to tokenize in-game items? If so, there's not much point in buying them if you're not an active user of those game projects. If you are an investor, it is enough to buy tokens of the project itself.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: o48o on January 10, 2023, 09:29:25 PM
But why do you want them in your portfolio? Because gambling is so popular? That wouldn't mean those tokens would have good tokenomics or added value to anything.
-cut-
• Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?
-cut
So far i haven't encountered any gambling tokens that makes sense. Even if some have better ideas then others, soon you realize that their tokenomics doesn't make any sense.
I wish there were some tokens that tap on this insanely valuable sector, with actually good game theory on their tokenomics. Then i would buy some too.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: klidex on January 11, 2023, 05:53:43 AM
Is there any reason to add gambling tokens to my crypto portfolio? What drives their value? Do they appreciate in value just like other altcoins whenever we are in a bull market?

Unfortunately, gambling token is just pure hype as well, just look at the World cup token, they suddenly exploded and now almost every each one of them have died. I remember way back in 2018 this was also the hype, but we haven't seen any success as well. There were even one known casino here who have their own token, but there are multiple accusations against them. They have a good signature campaign, unfortunately, because of this, they were force to cut it after many years and then we never heard from them again, although if I'm not mistaken, the ANN thread is still alive but nowhere the reputation they have like in the era of 2016-2019 of this well known casinos.
Yes, it's true that gambling tokens can develop and have relatively high prices because of the Hype and can't last a while.
Gambling tokens are also created solely for a promotion from the casino itself without any excessive expectations and development to be able to make it a valuable token.
For now, there is still one of the biggest and well-known crypto casinos that has its own token and it still has a price because many casino users want to use it as a token to gamble or bet.
However, it seems that it will be very difficult for other casinos that are just trying to create tokens
own and can develop it properly.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: evichi on January 11, 2023, 07:52:48 AM
In my opinion, I suggest you can pick Moonbet token as the platform is into Sportsbook, betting, web 3.0, etc. With utilities in its ecosystem, I think Moonbet will do well in the future. But that is my personal humble opinion. As regards all investments including crypto, please do extensive research before committing your money and remember to only invest what you can afford to loose. Also remember not to put all your egg in one basket.


Title: Re: HELP, I want betting/gambling tokens in crypto portfolio for 2025
Post by: bakasabo on January 11, 2023, 08:55:38 AM
Cant really understand why you want to get gambling tokens. The only benefit from having them you will get is daily reward distribution from casinos profit. If you look at the reward amount distribution, then you would see that it is decreasing daily. I think stacking looks more attractive.

I have never noticed gambling tokens to show major price increase. So dont expect that their value will double if you hold them for a long period. Their value might grow, but that most likely be a correction  due to whole market growth.