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Any long term gambling projects investor here? I have been monitoring Rollbit gambling platform token for a while now and to my surprise this token makes it to a new high recently, from 0.001$ in 2022 of October to 0.02$ today, that's impressive gains and the all time high was even 0.05$ in February of 2023, anyone buying such coins for a long term hold?

I have not gambled on Rollbit before and I want to ask if there is anything adding extra value to Rollbit token, anyone using this platform should please drop a feedback, is the token been used on the platform itself for gambling? Or it has benefits if gamblers use the token to gble instead of using Bitcoin?

Thanks

Read here: https://whitepaper.rollbot.com/ / https://rollbot.rollbit.com/rlb.pdf

You can get the full information of their utility, what asset they are provided and other. It's better to look their information desk rather than waiting someone explaining not fully about the benefits you can get from their token/NFTs.

investing in casino token is something very risky, but if you put it in your head that it is a lost money then everything will be fine, but the moment you think about getting high profits then be careful because the casino tokens to go up in price depend on the casino performance and in this market of online casinos every month a new casino appears making this market already very saturated, the competition has become very big and the casinos are forced to have to see the number of customers being reduced, and if the casino offers some high bonus it risks going bankrupt, and from what I could see these casio tokens have the purpose of offering advantages in the casino

these benefits that the casino token offers in the casino will be creating conditions to bankrupt the casino when the casino needs to reduce or end certain incentives and bonuses, so if the casino reduces the benefits of the token, people will not be interested in buying the token token, therefore the price of the token will not rise, on the contrary it will fall, with the tendency of many casinos to appear each month so it is inevitable that the casino reduces the benefits it gives to the holders of tokens, well in any case I do research before to buy any casino token

I agree with your assessment I have invested in two Casino based tokens but dump the other one and only retail the first one, if you're going to buy a token-based casino you should check their standing here in the gambling community, if they are popular or supported the gambling community, do they have unsettled accusation and are they active in resolving issues.
I based these criteria to dump Owl token because they lock their thread and they prefer to ignore members who ask them to communicate with the community, so far Rollbit is doing good here in Bitcointalk but do check the risk and the benefits and see if the benefits outweigh the risks.

Adding up some links given above by some member
https://bitcoinchaser.com/rollbit-coin/

Speaking about RLB which is something that could really be earned or gained on various ways without needing to buy it literally.
Its up to you whether you would be accumulating RLB since you do able to see its potential and its growth in speaking about its value.
Of course always be minding or having the consideration that most of gambling based tokens are really that attached into its platform reputation and popularity
which we know if the time comes that Rollbit would become bigger then expect for the value to rise also and if it goes to the opposite
side of things then you do know on whats next.

Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.

They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.

Investing casino platform tokens is very risky I think. We are constantly seeing many casino platforms getting scammed after a few days. Many casino platforms are being shut down by owners due to lack of success. But since the RoLLBit casino platform has been around for a long time, you can prepare to invest here. If the owner takes steps to do better in the future, the price of the token can definitely go up. But since I have never entered and bet on the RoLLBit platform, I am not very experienced about this platform. But if there is a staking system on the RoLLBit platform, then by investing there, you can keep long-term staking, in which your profit will come and long-term investment will also be made.

It's risky but if you see the token to be at its bottom price, it's less risky as it also gives you the advantage in a share of the casino’s profits.
It's up to you to decide.

The casino was planing something else for the utility of the token but it's yet to be discussed. If there is a sudden pump of the token, I wouldn't be surprised if it's about the new use case.

Don't Ape now. Wait for the correction because the current price is almost close to ATH. The room for profit is very low when you use ATH and ATL as a boundary for the price. The price is due to the previous update about the major upgrade. The first upgrade already dropped which is the on-site exchange and the other one is probably an airdrop or something but since an upgrade is already uncovered. I doubt that the hype due to the excitement will continue. This all happened when Rollbit experience a setback when they have an issue with their license. I think the team created this hype to cover that issue.

Trade safe. We have a lot of time to buy this before though. Now is not that much a good time unless you are really decided to ape on this.

I think there must be people who bought gambling coins and kept them for the long term and now they would have made a huge profit if they sold them at this time. But this requires research to choose which gambling coin can increase in the future and Rollbit proves that it can increase the price of its token.

But other tokens might also increase, such as BFG, OWL, FUN, and many other gambling tokens. You can check it on this page:


Investors who buy gambling tokens can stake their tokens to get a large return because, when they buy the tokens, the price is not very high. So it's an advantage for them if they can buy a lot.

you are talking about one of the most popular casino site bitcointalk having now. while there are FAN token from Freebitco.in and some sites that has their own token , I think that the growing popularity and increasing players from Rollbit will bring more success to this token.
who knows that in the next bullrun(as the gamblers will surely add their trust to this site and tokens)then you  will see a 1 dollar value to their tokens?
but of course you need to trust this and risk first .

All types of altcoins have risks to invest in, even BTC alone also has risks, but for BTC in the long term it is more reliable to invest because BTC is the only crypto that is very promising in the future.

Coming back to the topic, long term investing in gambling tokens is not really recommended as these types of tokens are centralized so their value can change significantly with some action.
If want to take advantage in a short time, maybe you can rely on it, but for the long term, you should just avoid it.
But still, as you said, an investor must continue to follow the development of the gambling token so that he can take action if there is an increase or decrease in price because we can see that some gambling tokens fail to develop and do not have a sufficiently satisfactory value.

For RLB itself, it is currently quite good, but who knows what it will be like in the future, it is clear that you have to be careful if you want to invest in gambling tokens.

I have not invested in any gambling platform tokens in the past. After reading this thread, I did some research about RLB and found it to be a part of the Rollbit lottery. The past one-year performance of this token is looking good, and if someone wants to invest in it, then they need diamond hands. I cannot speculate on the future price, but I understand that it completely depends on the performance of the Rollbit lottery. I assume they have significantly increased their user base for the price to spike up significantly.

I like to play for tokens... :)

BFG and FUN are so different... and while we can mine BFGs, FUN tokens can only be bought. I have both... While holding BFGs we have passive income in popular coins FUN tokens can be staked only for more FUN tokens, but we get daily WoF spins, and increased daily interest/cashback, but that is for people who don't mind keeping some coins, and playing games on the site.
When it comes to OWL (I have a few hundred OWLs I think), after a good start they had some issues and it's a question if we will see them again on the forum. I stopped playing there a long time ago.

I wanted to try Rollbit, but: RollBit Casino Review (https://www.btcgosu.com/review/rollbit/)

https://www.talkimg.com/images/2023/05/17/imagea85b7518fb1e7439.png

Isn't it late already to buy this token, from your explanation it has already done a 19x return so what makes you think it'll continue to rise when there's no news concerning the project that's causing the price to increase in such amount of gains in a very short time.

Gambling tokens are altcoins and all altcoins behave alike, they get pumped and dumped later. I see this tokens dumping than continuing to increase in price unless there's some positive news that'll be coming in future to keep the price increasing higher.

What are the benefits of holding RLB, when you can use other coins like Bitcoin to gamble on the site. If Rollbit wants to add value to their coins, they should add some advantages to using RLB tokens to gamble so more investors will buy the token and gamblers too.

Rollbit is only one of the successful gambling tokens out of hundreds of failed gambling tokens, maybe not many tokens have succeeded like Rollbit, I have never invested here but I know friends who have invested in Rollbit said they are quite profitable, I only invest in FUN tokens from freebitcoin and i also hold this token haven't seen price increase unlike Rollbit but i believe FUN also have a future like Rollbit.

If you feel confident with Rollbit and want to invest there, make sure to do some research beforehand, it will be better so you don't feel like it's the wrong time to invest here.

I think you need to study the project. It is currently active and popular within the community, which has led to the coin having significant value. However, it's up to you to analyze whether the current price allows for further improvement. Personally, I haven't seen many successful casino projects, so I find it risky to invest in one.

Nevertheless, if you believe in the principle of high risk, high reward, then you can try your luck. Just remember, it's always preferable to make moves based on calculated risk.

I think your friend invested in Rollbit token when they were have a problem to renewed their license, after it's done, the price is suddenly increase and back to the normal price.

As we know casino token is mostly depends on the casino's reputation, if anything bad happen on the site, the token price will follow the same path e.g. FTX token. Rollbit is currently become one of the most reputable and trusted casino, it's just unfortunate many gamblers are abusing in this casino.

But if the casino is known, trusted, and has good amount of user base, then the investment will be less risky, IMO. If I was very aware of the launch date of RBO, I would have invest on it even just with few bucks since I know how reputatble Rollbit is.
If there will be more interesting utilities, I won't doubt if RLB gets more valued overtime.

Is RLB currently be used as betting currency in Rollbit casino?

*This is not an investment advice, please DYOR.

Honestly, I made a bad decision not investing in Rollbit I was building a portfolio for casino-based tokens I have four, Fun, BFG, Owl, and Bitgame, but I missed the one that should have brought profit to my portfolio. 

Just look at the profit, $0.00093506 3,783.84% Jul 02, 2022 (11 months) this is the same time I invested on the three tokens I mentioned and this is one of my biggest regrets I did not notice it until you posted this thread.

Maybe RLB can give out more, All I know is the next casino-based token after Fun token lands on Binance will have an edge over the other casino-based token.

if you're going to invest be sure to dig deep and continue following the progress of RLB.

I think this is related to their latest issue which they are operating without a license which they claimed they have that later on proven none (https://beincrypto.com/rollbit-allegedly-operates-crypto-casino-without-license/). They become so quiet at that time and don't entertain all criticism and outside communication. They are now building slowly their RLB tokens by implementing new features that can help to boost the price.

Is there any timeline on when BTCGosu drop Rollbit exactly? Is the last update on 01/02/2023 their last communication with Rollbit? because the project at that time is under some issues.

Rollbit have undergone some extensive marketing campaigns over the last several months. The rise is probably an over-valuation and not at the sole result of their utility, which may correct as the marketing budget reduces or as site activity retracts. I would not invest in any token that has risen 20x in the last 6 months, not even for a long-term hold.

From a trading/economic standpoint:
Those who entered in the $0.001-$0.01 range can redeem 2-20x profit at this stage, this creates a large possibility of selling, thus increasing the risk if you were to buy at $0.02. Instead, wait. If there is a dip from these entrants redeeming profits, buy the dip. If the price continues upwards, accept that the opportunity has been missed, and find another opportunity. If you buy the top and the price retraces to $0.01 (still 10x for first entrants) that's a 50% loss, while the token price needs to go to $0.03 (30x original price) for you to make this amount. Don't FOMO, don't buy the top.

Exactly. And also I think most of this users create thread for their weekly quota count if not since he has been with them for a while then he would have known what to do. Even Rollbit customer care service platform would given him a full details of the matter. Well I believe the token can be use to place bet along side with bitcoin.

Relax. I can understand where OP is coming from. Of course he could always read the whitepaper for more information but it's like he also wanted some sort of verification from actual Rollbit players and RLB holders. It's always a good practice to hear feedback from third parties and not just from people behind the platform and token.

Generating capital for investment on solid project is worth it, there's no excuses to observed a potential token and not bagged it. Investments are triggered on a daily basis, but not all provide predictable outcomes. It is critical that we take the time to thoroughly identify strong coins with full potential before moving to the final level of investing. I intended not to lose out on any solid ventures in the space; it's important to always have a backup plan in case things don't go as planned. Rollbit casino has made several credible movements in the past, and it is currently a good alternative.

The Rollbit is a good casino and investing in there token is rest left to you if you think that it will give you good returns holding it for a long time. There are some risks one need to take as an investor for you to make gain holding a casino token. If you are a regular gambler on the platform and you might not have such a risk when you hold it and gamble with it. You need to make some enquire about the company of what use the token is meant for if it is being used for make bet on the playform which is a good move holding it and betting with it.

I think that there is an entire world of difference between investing in a long standing and reputable casino and investing in a new casino which has not proven itself yet. Obviously the latter is riskier and should be avoided. But if you were to look at the investment opportunities from a relative point of view, you would see that investing in any business is risky. However, casinos tend to be very profitable and how I see it, a less risky investment than some other business model. Just because of how successful a lot of casinos become compared to how successful other businesses tend to be..

I think it is strange that owl is pulling back on their PR marketing but to each its own, I guess.

Gambling projects are one of the best investments if you are just into project engagement. There are many gambling prjects and platforms which are good and existing in long term. Honestly, I never experienced playing in Rollbit but as I have read feedbacks, it is inedeed a good one. Much better if you would engage into it first in order to know it at first hand.

But if it is with tokens alone as an investment, I doubt it would be that much profitable. Most of the gambling (projects/platforms) token are either having a lower market price after the release, or stable. Reason to this, is the utility. A gambling token is basically being used in the platform which makes sense to say that the demand won't be that high. Not all investors are gamblers in the first place unlike with other token investment in this industry.

When it comes to success then it would really be depending because not all who do build up some business whether on gambling industry or into another cant really be able to assure about its success.
We've seen those who are really that known and reputable or something popular but ending up on being replaced up into the ranking because there's something more better that had recently existed.
This is why there's no assurance that popularity would really be remain like forever.

Back on topic about RLB on which it would normally be that going in line with its platform when it comes to its value.If ever it would really be still able to be that relevant and popular on
upcoming years to come and been that profitable then it would really be reflecting out into its own game token which it is really just a normal approach.

I wouldn't recommend investing everything you have immediately, looking at the chart the growth really looks insane but at the same time investing shouldn't really be done when it's up, it's when it's down that you actually should. Unless you're pretty sure the price would still go up or at least stay at it's current level in a stable manner, I'd avoid investing a whole lot on it.

On it's usage, I'm not sure but I think it should be related to the NFT rollbot that rollbit released long ago? Looking it up it seems to be used as lottery entries, there might be more but seeing the price increase it would seem that said lottery offers a lot, plus their burning mechanism which creates scarcity for the token itself.

If you wanted some similar benefits like VIP in some casinos, their NFT is what you need, not the token afaik.

Investing in a utility token of a casino is not less than a gamble in itself since gambling platforms are not guaranteed to be around forever or too long, if things go wrong with the platform, it can shut down or lose players and that causes a huge plunge in the price of their token, so it's way too risky to he a holder of a token provided by a casino.

If you buy tokens to get benefits on the platform if they provide any then that's good, but I don't think one should buy a token from a casino platform and hold it for a long term just like Bitcoin and other famous cryptocurrencies.

Not all risk can be considered as gambling. Investment risk is not the same on gambling risk because you are putting your money on the casino performance when you’re investing while gambling risk simply you are putting money on chances. I don’t consider investment on utility token as gambling unless you didn’t know exactly what you are doing or don’t have any idea on the casino you are investing then that’s the time you called it gambling. But if you do a research and you are convinced that casino will have a good news for utility token holder then that’s not gambling but investing.


Casino utility token full benefits can be experienced in long term because that’s the time when they stop spending casino tokens and keeps returning part of the casino profit to the token holder. The only downside of waiting is there’s a chance that casino will failed along the way. This is the risk that investors needs to bear if they want long term investment but rewards will be huge if the casino become long term.

Talking about BFG and FUN tokens, I also have both but only hold them and don't mine BFG. And I prefer the FUN token because the token is at freebitco.in where the site is very old and is one of the most trusted gambling sites and is still operating today. And yes, I also get daily WoF spins which I save up to a certain limit then I spin to get the rewards.

Meanwhile, I don't have many OWL tokens, and they remain in my wallet. The OWL token is similar to the BFG token and can be one of the preferred tokens for investment. Of the many gambling tokens, I'm curious about which gambling tokens will be able to increase their price to reach the top list of gambling tokens.

Rollbit is well-known casino, but i don`t sure about their token. I don`t like to invest in projects that i use for other purposes(here for gambling), in such way i share investing and fun and willn`t think a lot if i need to sell tokens. As for me it is more useful way in investing. The same time i can recommend to think about casino tokens the same as all other crypto tokens. There are no difference between them.

Rollbit gambling site is a good one, not because I market it but it is what it is.
Rollbit is very innovative and their Token really achieve a good appreciation, this is one of a few good gambling token where you can utilize and get rewarded. I see a better future with this token, though of course if its on ATH better to wait for the price to stabilize before getting some, correction might happen next for short but in long term, I'm very bullish with it.

I love the idea. Not only play the token to its intended use to bet but also use it as a tool for trading. Flipping the value of the coin itself. Fundamentally, rollbit is already known which if the demand is higher, the value of the will also increase. I would suggest that if you will hold it for a very long time, you might also consider staking the coin if it is available so at least it will work like dividends. Not only raising it's value but multiplying its quantity over time with the tokens at stake.

Owl become shady after dodging many accusation in their ANN thread and focus on their website alone. They cut their communication to the public here in the forum so I don’t recommend holding their token anymore due to their action.


The chance for an old gambling tokens to pump hard like RLB did recently is very slim because all of them have a huge supply that slowly emitted to the circulating supply. Gambling tokens usually just pump during initial release due to the hype to news. Overall, Gambling tokens is only meant for casino rewards so don’t expect anything big by holding it.

I have not had very good luck with the investment of the tokens , in Betfury I put money and the truth has been the worst experience of my entire life, it is a casino that has disappointed me a lot , they do nothing to make the token rise in price It is totally a fraud for me , I have been looking at rollbit or NFT tokens , but I have not seen much, but I know that the Investors of this token are silent, that means that there is not so much noise , it will be that they are going well? or are they waiting for bitcoin to increase in price to see how much it can go up? I see this token as more reliable because the Casino is much more stable than the one I made that Investment.

Well, for me, I selectively buy casino tokens, and Rollbit token is definitely a good buy right now, even if you are not buying it to hold for a very long time, buying the token now would definitely bring in a good profit by next year, considering the fact that bitcoin halving is just around the corner and the possibility of a bull run is kind of imminent.

I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.

You know, because of the things you have mentioned, I am the kind of person who do not fully believe that gambling tokens fall into the category of traditional alternative coins. They are like a third group.or assets which we must be careful with, because some regulators could label them as unregistered securities and slam against the casino if they do not get rid of the support to their own token.

If anyone is thinking to invest on a casino token, in my opinion that person is supposed to be a regular gambler of said webpage and also set all price alerts possible, so they can track effectily how their capital is going and when it would be a good time to start taking profits.

Everything would really be pertaining about making profits and this is something that most investors or gamblers who do have RLB would really be minding.For some they might be
going for long term approach but for most people they would really be liking to see some slight increase or percentage then it would really be a good time on making taking profits action.
We know that no matter which thing we are dealing with then we do really know that we cant really be able to assure if its value would last long or not.
Gambling based tokens would definitely be reflecting out on their companies situation and the investor on which its been mainly be supporting.
You cant really be just that too confident when it comes to long term aspect because we dont know on when a certain company would be facing up some issues.

When we think about what is the best investment of any cryptocurrency or tokens, we take into consideration what is the best option, we can do many studies or we can see what is better if a good technical analysis, or fundamental analysis, even both, but what What is now being considered is how will the NFT price react when bitcoin reaches a high price, or when bitcoin goes down, how will it behave? All these things are what should be thought about, however in Rollbit I have seen that they have some very good options and they guarantee the investment, so I think that here it is a win-win.

one thing to consider in buying a casino token is assess the casino itself. on this note, rollbit is quite doing good in this business. so for now, buying their token may possibly give you good profits. however, if you buy, you also need to keep up with their updates.
from what i've seen among casino tokens here, very few can attain success or survive long enough. got some bfg tokens before but sold them coz i couldn't keep up with the casino updates. so bottomline, you can always buy a promising casino token, however, it is your responsibility to be updated with their happenings. because they may be changing their version of their token and you're already too late for the swap, just an example of what you might encounter.

As far as I know, this coin is only distributed free to rollbit users who have made a deposit at the beginning of its appearance and this coin is used for the lottery by staking our RLB coin. Actually, increases are common and sometimes it's not based on the performance of the coin or the casino but rather the speculation of the traders and holders of this coin, with trading volumes that are still low and also only available on DEXs that are the SOLANA network with volumes from DEXs that are also not high, not expecting much will this coin do better maybe there will be a period where it goes back up or reaches a new ATH every year but it could also keep dropping from time to time if the development is not so encouraging. So far no casino-based tokens have impressed as it seems the development is focusing more on the casinos than the tokens themselves.

I myself am also the type of person who doesn't really believe in gambling tokens to be made into long-term investments because we can see for ourselves that some of the gambling tokens there isn't any that have managed to reach the peak of success are quite good.
Maybe for RLB lately it has good potential because the price is getting better but this is all supported by Rollbit itself which has become one of the most popular casinos with a pretty good reputation so that the adoption of RLB has increased and made the price go up.
But we must always prioritize caution, especially when we invest in gambling tokens, which are clearly focused on one point, namely Rollbit itself.

If for short-term trading maybe we can make RLB an option for now.

Rollbit is in my opinion the most advanced crypto casino to this date.

They not only have Slot Battles, they also offer NFT gambling aswell as PVP Jackpots, Cases, Crypto-Futures.

And every single game is made to perfection.

in hindsight, op posted this in 16th and in next 2 days when you answered to this, RLB had jumped almost 100%. Maybe because OP market bought a lot, dunno. But it has now dropped almost -50% so waiting would have been better option. Obviously you never can tell beforehand when to jump board, as sometimes it just keeps going up when i am waiting for the reversal that never comes.

Somehow i don't care much if i buy the top and crash -70%, compared to if i am not buying the bottom and miss out the rocket it bugs me more. But this seems like RLB is showing recovery. Hopefully this raises hopes to other casino tokens as well.

The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.

Investing in a casino token is not too bad because the casino too need investors and also needs people to use their token so they can be more popular in the ecosystem. They can also make profit from there too. If we talk about risk then nobody can invest in any coin or token because risk is part of human action. As some commentators said it is risk to invest in casino token, I don't believe that because risk is everywhere. And also if a casino token is listed in any exchange then the investor can also make use of it at anytime.

Not all casino tokens is good for investment since most of them use the token liquidity for their marketing which means investors money is being use for casino operation cost while investors don’t get much return aside from token burning that is useless when the total supply is still not circulated yet.

On this case. RLB tokens was introduced after the existence of the casino. Rollbit is already a successful casino before the tokens which means the team won’t pressure much the token liquidity to dump the price because they have the resources to operate. RLB tokens is the best casino tokens I’ve invested so far because of the good return.

I don't think casino tokens are aimed at generating investors external from the member who should be the first liquidity for the tokens, such as players making and placing their bets on the casino using their tokens, I used to know of some of the few casino tokens who got exposed to the external market and right now the price of the token have dumped greatly,  but then we must not look away from the possibility of profits which may accompany the token and how individual may invest and cashing out in a few ways but the ultimate questions is, will there be consistency in that casino token price or the be a great dump.

But what sustains a token is liquidity and if Rollbit who are big casino can have a limited supply and an ecosystem that will sustain the token liquidity.

Very timely. Could be coincidence. Tokens like RLB couldn't be added to exchanges easily because there could be more regulators that is going to chase them like gaming board and SEC.

Anyway, the value of the token depends on how the company is. If you are confident rollbit will live on to what you expect, thats got to be a reason to invest to the token.

I wouldn't invest in it if I were you op. Why? Because the chances of earning huge profits from gambling tokens is pretty low based on my research. You stand to gain more by investing in memecoins instead.

Anyway, whatever your decision, I advise investing only what you are willing to lose.

Looking at the token supply of only 5B, I think the token has a huge potential to grow.  With rollbit casino backing the liquidity of the token, more and more gamblers that play in the Rollbit platform will surely give more liquidity on the token market.  I believe that Rollbit goal as a casino is for a long term service, so we should not look at the Rollbit Token in a short term sight instead looking at it in a long term situation, with the limited token supply, it is not bad to allocate some of our funds into investing on their token because the factor are too obvious that there is a huge chance that the Rollbit token will increase in value in long term.

I think the platform has all of the leverages to their advantage by releasing this token. First, they get to have a token that they can make money on as people invest and buy it and second, since the token can be used on their platform and it has value, they can just sell it somewhere and still make a profit while the gambler who wants to gamble more uses their token. It's a win-win situation for the platform, not so much for the gambler especially if he/she doesn't know self-control at all.

I understand this and that the people who come early, who have the opportunity to buy early and the creators of the altcoin are the only people who really manage to make big profits, for those people who invest early there is no reason to be sad, even the token creators don't have any reason to complain because they always come out with profits, that's the problem, and that the token creators at the beginning are poor and make a lot of promises and when many months pass and the token has big increases, something like 10x or 20x token creators get rich and no longer care much about the token or altcoin

and who takes the losses? the answer is very simple: all people who buy after the token has had big price increases and then they are still deluding themselves that the price of the token will still have bigger profits, year goes by and nothing but even so people are still in the illusion, the saddest thing is that they don't think why the token would go up so much? what would make the token go up a lot? the casino offers the same things that all casinos offer so the new casino that offers the token will not be able to compete with an older and more reliable casino

Gambling tokens are actually altcoins, and we should always be cautious when we are investing in altcoins for the long term because most altcoins are only good to be traded for the short term only to get a few percent of profits from your investment. When it comes to gambling tokens, I personally don't have any experience buying and holding them or even having my eyes on them.

A casino's trust and reputation might have a little bit of influence on the price of its native token but I don't think that it is the only element that can make the price go up, the main element for a cryptocurrency to gain more value is the demand, if a token is in demand, it's very likely to go pretty high in terms of value.

I think this doesn't just go for casino utility tokens but for shitcoins in general. Most of these people think they're some sort of penny stock iteration that provides them with massive gains for little to no cost when in fact it's the biggest money drain in the industry. Invest for the hell of it, use it as some sort of warm up as you're trying to invest long-term on new currencies beyond bitcoin and ethereum, but don't really expect to get massive gains from it as Slow Death here has said cause there's no real world use case for these coins besides being the utility token for their sites, and since that kind of utility is a little self-centric you wouldn't really see people flocking in to buy this coin, and sometimes the casino would even limit public purchases to make sure they have enough to go around their site.

So yeah, invest if you have to, but don't really expect gains from it no matter what the charts say, save yourself from the disappointment.

When a coin has a legitimate business behind it tends to do better than your standard altcoin, but at the same time it becomes a weakness that if exposed will destroy the coin, so far I have only heard good things about rollbit so it could be worth the effort to look more profoundly into this coin and invest in it if people like what they see, still I think this is a risk that most people do not really need to take right now as before an altcoin season appears a bitcoin bull run has to take place, and it is better to just keep holding our bitcoin until that day comes.

This should not be complicated , whoever wants to win with tokens is easy, they have to buy them when they are on Pre-sale or just Coming out so that they can have a Chance to win , but if people are Filled with love for the token, one of those who buy and they never want to sell, they are struck out with that investment without having the option of earning anything, and that thought must be removed from their minds, the same Happens with casino tokens, if they do not take advantage of buying prices and selling at high prices, it is wrong , because it becomes the biggest losses that exist, what I do is if I can enter and buy cheap and the first ATH I sell everything.

I don't have RLB but I do have BFG and comparing the two it seems RLB is performing better than BFG.

Two things that you can consider are their long-term marketing which can really make an impact on the performance of the token in the market and how they address issues like complaints in the scam section.
I consider casino-based token worth including in your portfolio, especially if they have long-term marketing and their platform is performing well in the community they serve or target.

Casino tokens are not suitable for investment but rather a suitable currency to be used as a utility on the casino, I have used a few of them sometime but just to sake on the casino and nothing more than that, as I don't have confidence in them so I can't hold them as an asset, I have seen and witnesses the rise and fall of many casino tokens and Rollbit is not different from that, and if I may ask.

How much is the current price of this token, let's see if the Rollbit token issuance has been helpful to the team andis  a reflection of the many success stories.

You are right on this one on which i dont see a reason on why i would be buying a casino based token for long term holds considering that it would really be that still depending on casinos actual reputation
and popularity because if these qualities are really that not present then expect that its casino token value would really be going to the ground and this is something that i dont really consider out.
This is why if you are really that taking some risks on buying a casino based token then its up to you but for me then it wont really be that ideal on holding RLB for long term.
It might really be having some good value now but it would be always tied up with casinos reputation and popularity which as earlier mentioned.
If you could bare up with the risks then go ahead but if not then its your options.

A straight answer from my own perspective, I've never seen any users here share a successful journey of investing in a gambling utility token when we talked about long-term investing. Generally, a good choice to put money at risk with these tokens but not to the point that it will be considered worthy in the long run.

Even online gambling sites nowadays are really gaining big attention, either fiat online gambling or crypto online gambling, most users will just do the usual gambling here without even associating the advantages of using utility tokens in that said platform or treat those as investments either to hold or trade.

If anyone has some extra funds at risk, only they will know if investing in these gambling site tokens will be worth it in the long run.

Referring to Rollbit, I see them as a well-stable site that is keeping with the competition against other popular sites.

RLB is a token of https://rollbit.com/ casino site and it is worth $0.025 at the moment. BFG is a token of https://betfury.io/ casino site and it is worth $0.015 right now. The first thing which make one casino token more worthy than the other is the casino site itself. Rollbit is a much popular site as compare to betfury and therefore you should expect the RLB token to perform better than the BFG token.

Also we need to see the Tokenomics as how much is the Total and Circulating Supply, locked token if any, token burning etc, all these things have an impact on how a token performs in the long term.

Having a casino token in Long term investment is a good idea because that token has a use case and is more likely to be more worthy as the casino grows. This is same like crypto exchange token, the more the exchange is popular, the more its token gain its worth.

When comparing the two, I would also choose RLB to be the main option because RLB has been able to prove that it can develop very well, especially with the support of Rollbit which has become one of the big, trusted casinos.
But if it's for a long term investment with a large amount I would rather reconsider it because this is a gambling token where their movements are easy to influence or control because RLB is included in a centralized token.
I myself would prefer to invest with a short period of time so that it minimizes things that are not desirable.

No movement happening on BFG and it seems that Betfury cannot support their token. So I guess on that selection I would rather choose Rollbit since they are more better performer since Rollbit is big casino and their actions made help RLB to get some movements.

But even though many choose this still we need to do research since it doesn't mean that they are reputable casino they will not turn into shady platform so for preparing like worst situation to come better have second thoughts about thinking about long term so that we will not lose our money from bad decisions we take.

Maybe you can buy both tokens and hold them or stake them in the casino so that the amount can add up over a certain period. With the price still low, it could be a long-term investment, but that's only if you're willing to accept the risk if the price of the two tokens increases. And to anticipate this, you don't need to use too much money to invest in these two tokens. Maybe $20-$25 or under $50 is enough to buy both tokens. Apart from these two tokens, there are other casino tokens that you can make as investments in casino tokens so that you can add or diversify your tokens.

https://www.talkimg.com/images/2023/06/03/wzwnz.png

It doesn't look strong, to be honest.

I can tell you what I tell most people when it comes to investing in new tokens and altcoins. If you have little money, why would you choose them over bitcoin, knowing you can't afford to lose? If you have a lot of money, why would you need to take additional risk, when you can expect bitcoin to slowly bring you the profit you need, without additional risk?
It doesn't make sense for both, poor and rich investors to choose a volatile token instead of bitcoin. I have nothing against Rollbit, but the price of this token depends on the people behind the company and after all the shit that happened in crypto I'll never buy a coin that has a CEO. Decentralization, or nothing.

I have seen many gambling tokens and most of them didn't survive and even got into controversies. I am not here to discourage or tell something negative but just like any other crypto, they can't skip when the market is highly volatile.

If you don't gamble there, you will not enjoy the benefits that it is providing for its holders. Much better if you maximize the usage and incentives that it gives to its holders.

But if you're fine and you'll invest just a spare money on it, that's what investing is.

Yeah, the chart doesn't look good to be honest, but I won't consider every altcoin as shit regardless...
For the poor and rich, becoming rich involves almost equally the same process, and one of those is taking some risk.
Making money involves stepping out of your comfort zone, and stepping out of your comfort zone involves risking something, altcoin investment have made several people millionaires and Billionaires in dollars, the same way bitcoin have also made many millionaires and Billionaires in dollars.

So in my personal opinion, it's all about choice and the risk level one if ready to take, I personally have bitcoin investment as well as altcoin investment, in this space, even though bitcoin is the most trusted coin, diversifying your investment is still very important, if outside crypto, people still buy company shares and make good money from, I don't see any thing wrong in buying a coin that has ceo, as long as the CEO is a visionary person and the coin very promising.

yes you are right, not many casino tokens have been really successful, most of them just disappeared, but I don't know about rollbit tokens, it seems they are still holding out and some other casino tokens, I am not a financial expert, nor am I a crypto expert, but just a suggestion you can use your token if there really is an incentive for holders to better store it on their site to benefit from it.

But again, every investment always has a risk, when investing, don't expect that it will give you big profits, always remember that there is always a risk when investing, you see, most casino tokens always fail and never succeed or become big.

It's because the chances of turning small amounts into big amounts through altcoins is way higher when compared to BTC, ETH etc. Examples are Pepecoin, Shiba Inu etc which made some investors instant millionaires.

BTC isn't risk free either and you need to invest huge amounts in order to secure decent profits from it these days.

Rollbit casino is one of the best and trusted casino here in our community so about their Token it is safe now to hold it because I think it will give as what we want in the world term. but also we have a doubt it of course, cause if we think other casino have a token before they will failed I mean their token didn't survive so in this moment many people around the globe have a doubt if they will take a roll it token or not. But for me it's better to try up .

I know few guys who make good money by trading altcoin and this way they accumulate their bitcoin. If anyone understand trading then it's fine but if anyone is just following trend then one bad trade will make them lose almost everything. However when anyone is thinking of holding crypto then there are no alternative to Bitcoin even those friend of mine tell the same.

It's normal with any altcoin. When bitcoin is down they are down but when bitcoin is up they goes up too. A trader finds a good ratio for their buy and sell.

Ultimately I agree with you on the risk factor to aiding profitability in trading or investment and every other aspect of our lives, this is because when you failed to take the risk you may missed the rewards and this draw my memory back to a popular saying,

That says: fear may save your life, but fear can never give you what you want, so in essence, no risks and no rewards, so the most important thing is to take calculated risks.

I also prefer RLB over BFG because of the success  achieved by Rollbit Casino.  Besides Rollbit is a more popular platform than Betfury so it is logical to think that RLB will have a better pricing in the future since the performance of its casino will be the measuring device on how well these tokens will get its value.


If the casino is here to stay, I think investing in it in a long term approach is also a good decision.  As the casino become popular and more gamblers joined to play in the platform, the value of its token will definitely uptrend.

I agree rollbit casino is good but the risk is a bit high for token investment there are many casinos that have launched tokens that have not made any profit leaving investors disappointed. Most of the casino sites are scams so it will take time for gamblers to think about investing in tokens. Pricing for token investments is subject to high market risk and price volatility. You should only invest in products that you are familiar with and understand the risks involved.

RLB token has uses on Rollbit platform. If you're a gambler there and wants to join the lottery, the token will serve as your entry ticket. You need to stake your RLB first (minimum of 10) in order to join. So as long as Rollbit is existing, then I believe RLB won't become worthless because it has uses on Rollbit's ecosystem.

Indeed. Investing doesn't guarantee a sure profit because of the risk. The reason why we should not have high hopes when we invest our money. In addition, always DYOR and don't rely solely in suggestions.

If Rollbit can develop properly and get bigger, it is possible that RLB will also experience a rapid increase.
But it takes a long time for RLB to have a very valuable value and become a token that can compete in the market later.
In the long term, to be honest, I haven't had the courage to decide on choosing an RLB because there are still many factors needed to gain that confidence.

Yes, everything is centered by Rollbit itself, whether they can maintain their popularity and success due to more and more casino competition in the future.
Some people like you may have the courage to take long-term investment for RLB, but some are still unsure and waiting for some more development so that RLB can really be relied upon and made a worthy investment asset.

Well the answer you seek could easily been seen and gotten from reading the casinos token whitelist  which was even suggested  by a user on a the first page of your thread because I'm not sure if any one will give you a more precise answer than what the whitelist will give.
I haven't  gambled using any casinos token but I think there shoukd be some promotional offers from casinos to users using their token to gamble rather than the regular cryptocurrencies and the token you listed is a very nice one and if it could do such a figure within a year, is a shownthat the casino itself is doing well and one of the things that determines  the price movement  of a casino token is the users base.

There could be a few of them that becomes successful at least for their own platform and with their own users and investors. But it's truly that the most of these gambling tokens didn't find success but it's a truth that some of them might be successful and not yet gone or won't be gone.

Just treat it with the same as the usual cryptos that we invest and the risk will never be gone. But the level of risk varies on the popularity of the casino and at least with the rollbit token, they're quite popular in the forum and has garnered a lot of users as well.

The chances of turning small amounts into big ones using meme coins aren't for everyone and it is not possible for every investor to become a millionaire with just a single investment, it is all about luck just like gambling. If you invest small amounts in hundreds of meme coins, maybe one of them will be able to gain enough community hype and gain significant value, otherwise, your money is gone for good.

You can't compare Bitcoin or other popular cryptocurrencies with meme coins which are basically useless tokens that depend on community hype to gain any value and without it, they will die off very soon and those who invest in them will all lose their money.

Even at that, the whitelist may contain all the information that the ops require but then he may also need some advice from real investors of that women and what have their general experience about coin have become, since we have hard several other casinos to mend who have moved in various directions in terms of it price.

But Roolbit is a well-known casino and I am sure any product or project coming from them will be successful,  so even though we may have experienced some ugly experiences with other casino tokens, Rollbits will be an exceptional case in this situation.

Important details about the token and its usage is there so its really advisable to start with their whitepaper.
Rollbit is a very innovative site as they continue to introduce new updates, their token works on their site well so it can be a good investment as long as the site is doing well. If its for long term you also have to consider its price trend so you can have good timing on buying, haven’t tried the token yet but looking at the performance of Rollbit, it looks good to me.

The gambling site itself is doing well in their business, however, you need to look at the utility of the token itself.
The probability of making it good in the market is already there as it is backed up by a successful casino.
But to make sure you are not investing blindly, you need to educate yourself about the token's current progress and upcoming developments.
As we have seen in this forum alone, only few of casino tokens are still surviving. So need to contemplate on why rollbit token can survive and how long?

I agree, memecoins is not for everyone, aside from that, getting profit in meme coins isn't simply as putting money and getting profit. It also needs a good timing when to enter the memecoin market and when to sell at a profit.  Often times memecoin die or become worthless once it is done with the pumping while casino token may not get pumped as fast and as high as memecoin, at least they already have utility and is backed up by the casino platform performance.


I agree, memecoins has no utility and mostly rely on hype and pump and dump. They often get abandoned once pumpers are don with it.

This is what they want to display and these shitcoins always promise to get easy money for investing in their project. They should realize that its not easy to earn some money on meme coins since the same with any other its a quick dump scheme so for sure newbie will be left behind here. If they still want to invest on meme coins maybe they need to research more so that they became knowledgeable and well prepared on many possibilities.

We do know that there are really that certain types of coins which could be consider out on the list.
L1, L2, Meme, Gaming based etc... and the list goes on. If you would be able to identify on which coins you've been dealing with then for sure you would really be able to point out which one is worth to hold
and which one shouldn't really be taken seriously. As for RLB which is really that a gambling token based then it would really be depending on someone whether he would be tending to hold it for long term or not.
Just like been mentioned that it would really be basing up on platforms popularity and relevance in the market if we do speak about longevity or price potential.
If you do find out that RLB is worth then its your choice. We do have that different approach when it comes to certain projects and since its your money then it would be your total decision whether
you would hold for long term or not.

I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms.

Rollbit has done things well, in fact I always emphasize that they are the casinos that have put NFTs at a good level, they have cleared up any doubt that it can become a scam, which is something from another world like everything always. pointed out in the NFT projects, here Rollbit has left things very high, that's why I think that the Rollbots are a great addition to the casino, and it has been a way of having money well saved, the internal market is very well controlled, that is a something that many fear in controlled economies, that is something that this casino has that attracts a lot of attention.

Of course we are in a market where money will never be safe, just as it can go up it can go down, these two scenarios should always be considered, we as good investors must be clear about all this, and know how to choose, and realize that we can do the difference if we decide to take a risk, and as I have said, here Rollbit has greatly changed the face of what we all think about NFTs, in Rollbit they show the real face of what it should be and not what they turned it into.

This is the best thing we can do since getting some updates with them and frequently engaging on their community can help us get the latest news about their future development, nor we can also know if there's a problem might occur. But we can say Rollbit is a good platform but we are not sure about its future especially on their tokens so I guess adding up their token for long term hold posses huge risk but who knows if they succeed more for sure it will also reflect to their tokens so maybe there's something great will happen on it. This risk taker game so best to do our own diligence upon investing.

Success would surely reflects out on what they've been currently doing or something that in talks about updates and further developments on which it would might cause up some more increase into

its value.If you are an avid fan of this platform or simply being a gambler then most likely you would be holding some RLB but of  course its up to you whether you would really be having that huge stash of it because you do really believe or having the trust that it would really be shooting up its price in the future. It would be all accordingly on what are the things that they do currently have or simply being attached when it comes into its reputation and popularity.

It all matters on risks taking since not all would really be that having the consideration on touching up things which they arent that preferring in the first place.
They might be playing on the platform but doesnt mean that they would be buying RLB.

But to be fair with Rollbit we can say for now that they are so successful casino so no wonder that it can convince thosw none gamblers to accumulate their tokens since they might look up for more success what they can bring. Also their Rollbot NFT is somehow a big success so maybe this is one of the reason why these people try to see if there are more good things will happen on RLB.

But if I have extra money to use maybe I will consider to add RLB on my bag since who knows.thia one could bring big profits in future.