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Author Topic: Are NFT games also another way to gamble your money?  (Read 2244 times)
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November 13, 2021, 06:36:28 PM
 #281

Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat they do really differ on the intensity or the amount of risk involved. In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really  be giving worth into your risk taking.
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November 13, 2021, 09:35:48 PM
 #282

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

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November 13, 2021, 10:09:39 PM
 #283

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.
More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.
Yeah, I think for some people who are investing on NFTs just love it as they support and like the art itself, maybe for them the possible profit doesn't matter much compare to the "satisfaction" or joy that these arts can bring to them. They maybe called as digital art collector, specifically in NFT collectors.
It differs to me, I invest on NFT to gain profit. Well, everyone does have their own reason why they invest into something. Just be wise.

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November 14, 2021, 12:03:21 PM
 #284

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.
More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.
Yeah.

There are fake NFTs too and that's why everyone has to be aware of those. But for someone who does his research, he's unlikely to fall for these scam NFTs.

A network for knowing investment can easily be researched now, especially we're in a forum where everyone helps each other upon finding out a project is a scam.

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November 14, 2021, 07:59:33 PM
 #285

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.

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November 14, 2021, 08:34:03 PM
 #286

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.
It is because there are investors that does that.

They invest and put their money to the NFTs that they think is going to make them rich even without the need of researching. But it is the actual gamble.

The investing style of people that does that are really making themselves to be quick in being poor.

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November 14, 2021, 09:58:13 PM
 #287

Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.
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November 15, 2021, 03:57:31 AM
 #288

I saw a lot of games that gain a big popularity and, as a result, their native tokens pump and people who play this game and hold tokens benefit a lot. The examples are Axie, crypto blades etc. If you are good at computer gaming and have such a hobby, I think that NFT-games is the best way for you to monetize your time and skills just doing what you really like.
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November 20, 2021, 11:58:49 AM
 #289

Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.

You're right, Axie Infinity is the most classic example of how a game has a lifespan and then eventually everything goes down, but it's because it has a bug, the devs never prepared to withstand a large amount of demand from people, they just They were waiting for a limited number of people and from there they calculated their economy, currently NFT games if they do not have an oracle, they quickly die, and I think that all this is what has given birth to new projects based on metaverses and with a cheaper network for that everyone accesses and this will be through the polygon network, those are the plans that we have.

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November 20, 2021, 02:03:23 PM
 #290

I think yes, because crypto games are the same as  gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital
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November 20, 2021, 02:19:31 PM
 #291

I think yes, because crypto games are the same as  gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital

Gambling games are not an investment type of form. NFT games are investment types and you will work on how to make them successful. You will choose a worthy NFT based on your research and will do everything to make it profitable for you in the long run.

Can't be compared to the usual gambling where all you need to do is to wait for the result after your series of analyzation.

Don't think that NFT games are a gamble unless you will choose an obvious failed NFT game.

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