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Since I've just got interested in GameFi, I've been doing some study into the security, privacy, efficiency, and cost-effectiveness that blockchain technology may provide to the online gambling sector. While some online casinos accept cryptocurrency payments, some have gone far further by creating blockchain-based platforms.
Operating a casino or sportsbook is now reserved for large corporations or high-net-worth people who can put up the capital and profit completely.
A decentralized gambling business will benefit both operators and players by lowering costs and enhancing transaction confidence.
Write about your Metaverse experience and provide recommendations for the next season.
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Instead of jumping all in, do your own research, pick a few coins that appeal to you, and invest in several parts. If you want to "invest" in a currency or token for the long term with any prospect of it surviving and thriving, it must have good use cases (utility) and the project behind it must be earning enough cash to keep it going. Another component I would have included to the list is "the team," but as you know, it requires a solid team to produce a product with usefulness and profitability in the first place. As a result, it's a no-brainer. Look at similar blockchain game projects such as Axie Infinity, ENGN, or BORA. Especially with the addition of big names like EA and Ubisof to the mix. So new project of course but DYOR, and the btc was a new project  |
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Please vote in the poll and explain your reasoning below...
Mid-way though Bitcoin's 2017 bull-run, Coinbase, the largest crypto exchange at the time, only offered the choice of three coins - BTC, ETH & LTC - before Binance even existed. Ethereum and Litecoin outperformed Bitcoin that year, especially after many new users saw their values had already increased much more than Bitcoin had, while only being given 3 investment choices.
Since May 2021 altcoin's market share has been around 60% of the total crypto market, confirming that the majority of investors are drawn towards altcoins rather than Bitcoin these days. Coinbase now has over 100 different altcoins, while the largest exchange now offers a choice of over 400 options. The days of turning to shady exchanges like Bittrex, Yobit and Cryptopia have long since passed.
But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?
Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
I have more in ETH in my wallet then BTC. I believe ETH will reach $6,000 in the next 3-6 months, as he recovers from the January flash crash, but we can see that the price is growing, therefore I try to retain every token that generates ETH. The cryptocurrency market is nearing the end of a four-year pricing cycle. I'm keeping on to ReFi because of their rewards, and I'm optimistic about the ETH price right now. Altcoins still hold a lot of my faith. Although Altcoins did not perform as well as expected last year, investors continue to flock to NFTs and the Metaverse. We'll have to see how cryptocurrencies do this year, but I've noticed a lot of interest in the Metaverse. I'm investing in certain gamefi companies like ENGN and Aragon, and they have a good business model. |
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With many AAA companies like as EA and Ubisoft, and now Sony with the Man City stadium, the industry has seen a spike in public interest in 2021. My current study focuses mostly on blockchain games, and a few startups have sparked my interest as potential investment prospects. Take a look at Axie Infinity, Gala, and ENGN, for instance:)
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I still have a lot of trust in altcoins. Yes, Altcoins did not do as well as projected last year, but investors are still going to NFTs and the Metaverse. We'll have to wait and see how altcoins fare this year, but I've observed there's a lot of interest in the Metaverse. I my self are in some gamefi like ENGN and Aragon, and they have a great approach to the business.
NFT and Metaverse are still running smoothly now and for business fields such as investors it is also very possible to work on it, but if what you suggest is something new that is still not well known, I think the level of risk will be different from that which is already well known, so in terms of using the platform must also look at what things can be profitable, not just choose it. ENGN and, in especially, Aragon, which began operations in 2017 or 2018, are not new to blockchain gaming. But I do believe that we can't just look at random, and that we need to investigate and monitor projects at the same time to observe how they're progressing. |
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I truly agree with you. Virtual reality and cryptocurrency are still in their early stages of development. Blockchain gaming, for example, has exploded in popularity in recent years (still in its infancy though ). I've been following a number of crypto game projects, and some of them have sparked my curiosity, like as BORA and ENGN. |
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Half of the funds will be used to purchase Bitcoin, while the other half will be invested in altcoins, NFT, and the Gamefi project. Cryptocurrency in the metaverse might be the next big thing. Not because it will persist, but because cryptocurrency's pump and dump cycles come in waves. Masternode currencies were popular in 2017, meme coins were popular in 2021, and metaverse coins might be popular next year. So I'll likely join a blockchain game project like Axie Infinity or ENGN.
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hi
I'm going to buy the following coins
catgirl
pig
dobo
twt
pets
pit
ham
ping
kodi
brise
safemoon
cumstar
shib
ada
avax
algo
Is there anyone to help me?
1. Which are worth it
2. Is it possible to make a long-term investment?
Thank you
Those are good, and I've invested in a few of them myself in the past. You might want to look at blockchain gaming like Yield Guild or ENGN. What i like about ENGN that they introduces the same possibilities of blockchain games to traditional games, whereas practically every token in gamefi sector is now built on either a single game or a single Metaverse element. This assures a different conclusion than a game centered on blockchain. |
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Hello!I guess we all know its more reasonable to invest money into stable projects like BTC/ETH/SOL/ATOM/MATIC/DOT ect, but this isnt what this thread is about.
So if you were to gamble with a certain smaller percentage of your capital, which yet small and unknown projects would you invest into and why?
Hello man, in previous time i invest, and looked up into some bolckchain gaming industry. It seems to me that they will be in near future big thing, I persnoly invested in ENGN token and it is going well for now. With the growth of blockchain gaming industry, more and more games will utilize this technology, it is the hope that with the onboarding of games and developers, more will follow suit.... |
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I'm not satisfied with my crypto games, I think Playstation is the best game maybe this is because crypto games are still too new but I'm sure in the future crypto games with blockchain power will be even better and will be enjoyed by many people so basically it's just a matter of time.
You are absolutly right, for now sure. But it is still growing industry and in the future i think it will be more wide spread in AAA gaming. I personaly are invest recently BORA and ENGN, they show some promise... |
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