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[gunhell16]

I'd like to see a small correction in Bitcoin so I can open a 4x long Bitcoin trade now on BetFury Futures. I would feel comfortable making a good entry safely. I am waiting for a small rebound.
I need a little excitement.

In my opinion, if you had bought when the price had fallen to $76,000 and opened a position for a price rise, I believe you would have made a lot of profit, since many people started to become bearish, thinking that the price would fall below $73,000 and trigger a big drop. Now that it is at $97,000, it becomes very difficult to predict whether the price will continue to rise to $102,000 or $108,000 or whether it will fall to $76,000.

I don't see any strong indication that the price may plunge to $76,000 . The chart is pointing bullish, unless there will be a very strong fundamental that will thwart the signal.
I agree with you that such long position would have been good when the price was at the $76,000 range. But then, it was also fearful because many thought the price will dip the more. No time is actually safe for this game.

It doesn't seem like that's what I'm seeing, because honestly I'm also seeing the price of bitcoin in a pullback but between 101k-103k$, now at its current price in the market it's at 97900$ resistance and at the same time it's at 94k$ support.

In this part it's clear when we look at the chart that we can clearly see that we're in consolidation, and we don't know how many days it will stay or there will be a breakout and we don't know
yet if it's resistance or support that will create a new form of trend. So, the 76000$ if that's true seems like in reality that hasn't happened yet.

[dwyane36]

It makes sense to stake BFG if you are betting on the site.

35% return per year if you do a 1 year hodl.

you can bet back the hodl earnings and lose no bfg

it is a matter of patience .


how much much you bet of the bfg you put in the stake or do you just have to hodl to get the 35%

Yes, but only to get such a percentage, you need to lock BFG tokens for 1 year, and in that case, it doesn't look so attractive anymore. By the way, exactly one year ago, the BFG price was around $0.028, and now it is $0.016, i.e. devaluation for a year by about 41%. It turns out that in the best case, investments in BFG tokens will remain at the same level in dollar equivalent as they were initially. And in the worst case, there will be a small loss.

[katanic97]

It's crazy when they let us play with locked tokens whose price just keeps falling... sooner or later we will try to gamble to get back to a starting point (in dollars):





I just wanted to place a few bets, but in the end, it turned into madness. It could have ended catastrophically, but luckily +5k stBFG for me.

Good luck players & stakers!

It really could have ended catastrophically, but you got lucky and took a nice risk too Those two bets you doubled are seriously impressive. I’ll give it a try as well and share my impressions!

[Taskford]

It makes sense to stake BFG if you are betting on the site.

35% return per year if you do a 1 year hodl.

you can bet back the hodl earnings and lose no bfg

it is a matter of patience .


how much much you bet of the bfg you put in the stake or do you just have to hodl to get the 35%

Yes, but only to get such a percentage, you need to lock BFG tokens for 1 year, and in that case, it doesn't look so attractive anymore. By the way, exactly one year ago, the BFG price was around $0.028, and now it is $0.016, i.e. devaluation for a year by about 41%. It turns out that in the best case, investments in BFG tokens will remain at the same level in dollar equivalent as they were initially. And in the worst case, there will be a small loss.

I guess the only concern regarding on that matter is the devaluation of the token, but we don't actually what future would bring. Since somehow Betfury is doing great for handling their casino. If there's good thing happened and BFG token will pump then that's a huge win for those people who stake their BFG for 1 year.

Although we know its so risky to try so I guess people should put the money they can afford to risk since somehow we don't know if we can get anything or be profitable with them if we didn't try to risk something or invest some amount with their token.

[yenerbatmaz]

I'd like to see a small correction in Bitcoin so I can open a 4x long Bitcoin trade now on BetFury Futures. I would feel comfortable making a good entry safely. I am waiting for a small rebound.
I need a little excitement.

In my opinion, if you had bought when the price had fallen to $76,000 and opened a position for a price rise, I believe you would have made a lot of profit, since many people started to become bearish, thinking that the price would fall below $73,000 and trigger a big drop. Now that it is at $97,000, it becomes very difficult to predict whether the price will continue to rise to $102,000 or $108,000 or whether it will fall to $76,000.

I don't see any strong indication that the price may plunge to $76,000 . The chart is pointing bullish, unless there will be a very strong fundamental that will thwart the signal.
I agree with you that such long position would have been good when the price was at the $76,000 range. But then, it was also fearful because many thought the price will dip the more. No time is actually safe for this game.

Dude, why are you expecting 76k in Bitcoin?
I have never seen charting work. If they want to bring down the markets, they will not listen to 86-76, BTC will fall. I am waiting for the Fed's decision.
On May 7, most likely the interest rate will remain constant and BTC may pull back a little but then it will linger here again.
I do not expect a sharp decline, but you never know. The most volatile transactions are in crypto.

[snipie]

Dude, why are you expecting 76k in Bitcoin?
I have never seen charting work. If they want to bring down the markets, they will not listen to 86-76, BTC will fall. I am waiting for the Fed's decision.
On May 7, most likely the interest rate will remain constant and BTC may pull back a little but then it will linger here again.
I do not expect a sharp decline, but you never know. The most volatile transactions are in crypto.

US president is pushing to reduce the interest rate as far as I know and it is the federal bank that is keeping it that way at a point when he asked to kick the head of it from the job.
It will not happen any increase in the rate, instead I suspect a minimal decrease to avoid confrontation with the American administration. Otherwise Bitcoin price will keep it that way: consolidation.

[notocactus]

Maybe they could add more utility to the token.

Like reducing swap fees for holders, withdrawal fees or even some kind of benefit for gamblers.

Maybe holders could win free spins or free bets based in the amount of token they have in stake. Those ideas could increase the price of the token

Creating more utility for BFG token will make it more interesting and result in new demand on the token. If they succeed in adding new utility, supply and demand principle will show its effect on BFG token very soon.

It must be considered carefully with effects on Betfurry business but buy back and burn program is one of potential choices. Stake is one of utility, and other utilities can be attached with given features for users on Betfurry casino bit it takes time for development, testing feature and security test as well as tokenomics and potential effects on their business money flow and treasury too.

[virasog]

Creating more utility for BFG token will make it more interesting and result in new demand on the token. If they succeed in adding new utility, supply and demand principle will show its effect on BFG token very soon.

It must be considered carefully with effects on Betfurry business but buy back and burn program is one of potential choices. Stake is one of utility, and other utilities can be attached with given features for users on Betfurry casino bit it takes time for development, testing feature and security test as well as tokenomics and potential effects on their business money flow and treasury too.

Yes, they need to give incentives to the gamblers who prefer to use BFG over other cryptocurrencies for gambling. If you start giving free spins, deposit bonuses, and other stuff for using BFG, the value of this token will increase. It could be like Example: "Deposit 100 BFG, get 120 BFG to play!", giving 20% extra amount to gamble will be enough to generate a demand for it. Staking BFG can be another good option for those seeking passive income. They can even offer token burn from casino profit to reduce the supply.

[notocactus]

Yes, they need to give incentives to the gamblers who prefer to use BFG over other cryptocurrencies for gambling. If you start giving free spins, deposit bonuses, and other stuff for using BFG, the value of this token will increase. It could be like Example: "Deposit 100 BFG, get 120 BFG to play!", giving 20% extra amount to gamble will be enough to generate a demand for it. Staking BFG can be another good option for those seeking passive income. They can even offer token burn from casino profit to reduce the supply.

I don't consider 20% deposit directly in token is good example of utility. It is like creating more inflation of the token, surely I have yet checked about total supply of BFG token, but it can be feeling of people who are exposed to this promotion a first time.

Creating more utilities, making this token deflationary are realistic support and hype will come but the company have to assess all possible effects on their business finance, and not only focus on BFG token which is only one part of their company.

Buy back and burn token requires so big fund for execution and it requires a long time too, and the team have to consider this idea very carefully and might not see it helpful. It can help supporting the token with buying force from the company and help the token maintaining its price, but to soar to the moon, perhaps it needs more utilities and general good momentum in cryptocurrency market especially an altcoin season.

[Zwei]

Maybe they could add more utility to the token.

Like reducing swap fees for holders, withdrawal fees or even some kind of benefit for gamblers.

Maybe holders could win free spins or free bets based in the amount of token they have in stake. Those ideas could increase the price of the token

Creating more utility for BFG token will make it more interesting and result in new demand on the token. If they succeed in adding new utility, supply and demand principle will show its effect on BFG token very soon.

It must be considered carefully with effects on Betfurry business but buy back and burn program is one of potential choices. Stake is one of utility, and other utilities can be attached with given features for users on Betfurry casino bit it takes time for development, testing feature and security test as well as tokenomics and potential effects on their business money flow and treasury too.

looking at what other casinos are doing with their tokens, i would say adding a lottery that users can join by burning their BFG would be solid.
or maybe increasing the rewards for playing with BFG, things like extra rakeback and cashback.

[philipma1957]

It makes sense to stake BFG if you are betting on the site.

35% return per year if you do a 1 year hodl.

you can bet back the hodl earnings and lose no bfg

it is a matter of patience .


how much much you bet of the bfg you put in the stake or do you just have to hodl to get the 35%

Yes, but only to get such a percentage, you need to lock BFG tokens for 1 year, and in that case, it doesn't look so attractive anymore. By the way, exactly one year ago, the BFG price was around $0.028, and now it is $0.016, i.e. devaluation for a year by about 41%. It turns out that in the best case, investments in BFG tokens will remain at the same level in dollar equivalent as they were initially. And in the worst case, there will be a small loss.

Do not look at the cash value of the coins.

100,000 k coins becomes 135,000 coins. in a year.

play 30,000 in the year.

If you win cool if you lose the coins you have 105,000 coins.

this means you are up 5,000 coins.

If you never look at cash value of coins and play 30,000 of the interest every year you are a certain winner of coins.

whether the market fucks you and price of coins drops it is not important.

The idea is you can certainly make the coins get bigger.

100,000 coins is 1600 usd.

 so you could play for years if you spend less coins than you earned.

If I could have years of action for 1600 usd It would be nice.

betFury is giving that chance to a disciplined bettor.

take 600 coins play a 30 to 1 and parlay on a 30 to 1  if it hits.

so 600 x 30 = 18000 x 30 = 540,000 coins

you will likely lose that parlay 50 weeks in a row or a year.

but you still have 5000 coin profit.

105,000 coins at the end of the year.

do it again .

you are in action for the year.

every week you could win 540,000 coins or 8640 usd

and each year this coins grow by 5%

I am willing to say betFury keeps track and know no-one is disciplined enough to play the way I say.

Which is why they can make the offer.

[Rruchi man]

I do hope it goes down quite a bit so we can have more chances to buy more before it goes up again.

Do you know that even if Bitcoin's value falls to a value of, like, 30 to 20 thousand dollars, which I know is almost impossible at this moment, but just for an example, there will still be people who would not still use that opportunity to buy but would be expecting it to dip further before they invest in it?

I think the opportunity to invest in Bitcoin has presented itself many times, often and often again, but people keep waiting for a better opportunity and keep missing the opportunity right in front of them.

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[yenerbatmaz]

Dude, why are you expecting 76k in Bitcoin?
I have never seen charting work. If they want to bring down the markets, they will not listen to 86-76, BTC will fall. I am waiting for the Fed's decision.
On May 7, most likely the interest rate will remain constant and BTC may pull back a little but then it will linger here again.
I do not expect a sharp decline, but you never know. The most volatile transactions are in crypto.

US president is pushing to reduce the interest rate as far as I know and it is the federal bank that is keeping it that way at a point when he asked to kick the head of it from the job.
It will not happen any increase in the rate, instead I suspect a minimal decrease to avoid confrontation with the American administration. Otherwise Bitcoin price will keep it that way: consolidation.

It would be great if interest rates were reduced in both May and June, but I think they will skip May.

Trump always says that interest rates should be reduced. There needs to be monetary relief for the economy to recover. Trump knows this very well.
In fact, I think Trump will reduce or pay off the US debt with cryptocurrencies.
Bitcoin will be the pioneer of this. Interest rates must be reduced for people to invest in Bitcoin.

[crwth]

I do hope it goes down quite a bit so we can have more chances to buy more before it goes up again.

Do you know that even if Bitcoin's value falls to a value of, like, 30 to 20 thousand dollars, which I know is almost impossible at this moment, but just for an example, there will still be people who would not still use that opportunity to buy but would be expecting it to dip further before they invest in it?

I think the opportunity to invest in Bitcoin has presented itself many times, often and often again, but people keep waiting for a better opportunity and keep missing the opportunity right in front of them.

I definitely know this and i have experience this many times not just with bitcoin but with other altcoins as well. That's why it's better to have a consistent investment time that would equate to dollar cost averaging.

The struggles of a retail investor.  .  I just hope i win like the people who win a lot of money in Betfury. 

[AbuBhakar]

I definitely know this and i have experience this many times not just with bitcoin but with other altcoins as well. That's why it's better to have a consistent investment time that would equate to dollar cost averaging.

The struggles of a retail investor.  .  I just hope i win like the people who win a lot of money in Betfury. 

Dollar cost averaging is really the best strategy when it comes to investing. You don't have to stress yourself waiting for the right time to buy. By consistently buying at your prefered intervals like daily or weekly, you grow your portfolio without any pressure.

The struggles of a retail investor.  .  I just hope i win like the people who win a lot of money in Betfury. 

Being a retail investor can really be stressful especially if you get easily shaken up by market fluctuation. I was like that at first also but eventually got used to it after experiencing 3 months of bullrun.

[Taskford]

I definitely know this and i have experience this many times not just with bitcoin but with other altcoins as well. That's why it's better to have a consistent investment time that would equate to dollar cost averaging.

The struggles of a retail investor.  .  I just hope i win like the people who win a lot of money in Betfury. 

Dollar cost averaging is really the best strategy when it comes to investing. You don't have to stress yourself waiting for the right time to buy. By consistently buying at your prefered intervals like daily or weekly, you grow your portfolio without any pressure.

No doubt that this is the best since by using this strategy it eliminates the huge risk of worrying to much about the volatile market since investor using it would provably not feel much the impact of the movement of the market either it dumps or even pumps.

That's why its ideal strategy for me to use because we don't need to spend much our time dealing with this investment and what we need to pay attention is our next accumulation especially when we are ready to buy Bitcoin again. Many people are into DCA now especially that many investors see that its good strategy to use to deal with Bitcoin for long term. Same as @crwth I really wish to win huge in Betfury to add more bigger volume on my BTC holdings. 

[Rruchi man]

~

~

I just hope i win like the people who win a lot of money in Betfury. 

If you keep playing on BetFury, it is not certain, but your chances of winning will be higher than when you decide not to play at all.

The reality of things is that not all gamblers will win financially from gambling; some will win in some other way, like the health benefits they derive from it or the relaxation and fun as a win for them.

[CryptSafe]

~

~

I just hope i win like the people who win a lot of money in Betfury. 

If you keep playing on BetFury, it is not certain, but your chances of winning will be higher than when you decide not to play at all.

The reality of things is that not all gamblers will win financially from gambling; some will win in some other way, like the health benefits they derive from it or the relaxation and fun as a win for them.

Even if money is not won, just like you have said, I agree with you that there are also other means of benefit derived from gambling. The fun involved, the liveliness, the ability to use your faculty in thinking, the ability to apply strategies in engagements, and the relationship or friendship gained when one visits the casino house are something to hold onto. I think these aspect of benefits somehow has a good side effect on gamblers who could make good use of it and move on with their lives irrespective of whatever the outcome or result of heir game would be or look like.

[SquirrelJulietGarden]

If you keep playing on BetFury, it is not certain, but your chances of winning will be higher than when you decide not to play at all.

The reality of things is that not all gamblers will win financially from gambling; some will win in some other way, like the health benefits they derive from it or the relaxation and fun as a win for them.

When talking about chance of winning, you need to mention probability of loss too. The loss/ win rate will decide your net loss or net profit and it is your eventually win or loss. If I don't bet, I do neither win nor lose but my initial capital will be safe and that's it.

So talking and comparing about bet and don't bet is not a good comparision at all. You must compare bet and bet but with which methods or strategies, that can possibly bring more profit for your gambling capital.

You can win big and stop, to keep it and it means you succeed in gambling. Otherwise, by betting day by day, and gambling in long term, you must be so professional to have net profit from gambling. Like trading and traders, in gambling and gamblers most of them have losses.