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Author Topic: Freebitco.in - FUN Token Investment Experiment  (Read 4372 times)
Fivestar4everMVP
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February 09, 2023, 07:24:52 PM
 #101

maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.

Actually I’m surprised how Freebitco.in can still burn that huge amount of token despite they are just using 50% of their profit on in-house game. In-house game is not that popular anymore due to the existence of 3rd party game provider like slots, live casino and sportsbook. I think they can burn more tokens when they are using the overall profit of the casino in exchange for boosting their FUN token price for a much short period.

Freebitcoin is the clear example of what a casino has to be, they do not require any type of identification and the players like that very much, I have always played in freebitcoin and the best thing is that if you manage to make a large amount of btc in the the faucet can be withdrawn and they do not put any buts to make deposits or similar things, for bounty hunters it is very difficult because they have to dedicate all day to it, and it is very difficult because no one every hour is going to claim satoshis, but with time and with patience you can, that is the best faucet for me what about the world of cryptocurrencies.

In as much as I agree with your input, I still cant help but argue that freebitco as a casino lack a lot of functionalities, functions that can be found several other casinos, the design of the casino is so old school as well, though I like them for the fact they choose to keep that old design, but I don't think a lot people would like it too, most especially newbies.
Aside from Hi LO game, weekly lottery, wheel of fortune and sports betting, there are no more games offers by freebitco, games like we can find in other casinos, this not to underrate freebitco, i like them for their classical nature and vintage like design, they are unique, which i believe is one of their strength, but i said all i said to point those facts to you that, they might not be the immediate preferred casino to a gambling newbie out there. 

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February 09, 2023, 11:25:55 PM
 #102

..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.

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February 10, 2023, 03:48:54 AM
 #103

maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.
But to have a lot of FUN tokens also requires more funds that need to be prepared and not everyone has a lot of money.
They can try it by investing a minimum amount that Freebitco has set so they can start getting benefits from investing in FUN tokens.
And they also have to have the patience to increase the number of their tokens so they can get more WoF.
WoF helps them get more free rolls where they can hope to get more rewards.
And as time goes by, they won't know they have managed to have lots of FUN tokens.
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February 10, 2023, 07:54:34 AM
 #104

..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.
but the average freebitcoin user doesn't all like to gamble on dice games or sports betting, maybe some consider this ancient website only to collect bitcoins, hoping for luck to get the number 10000 on the faucet round or get a weekly lottery prize

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February 10, 2023, 08:27:59 AM
 #105

In 2018, I received several thousand FUN tokens as part of a promo from Funfair Casino. I still have these tokens in my wallet . My goal is 10 cents for 1 FUN. I will be very happy with that price because then I will make a big profit without investing my own money. I think this is realistic.

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February 10, 2023, 09:51:20 AM
 #106

..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.
but the average freebitcoin user doesn't all like to gamble on dice games or sports betting, maybe some consider this ancient website only to collect bitcoins, hoping for luck to get the number 10000 on the faucet round or get a weekly lottery prize
Yes, maybe the majority of Freebitcoin users prefer weekly lottery bets rather than playing or betting on sports bets because Freebitcoin lottery bets have big jackpots and are so tempting for gamblers.
Even though getting the jackpot is so difficult or even impossible to get, the desire and option to get it is also great, making Freebitcoin users so patient and loyal in betting on the lottery.
After all, who is not interested in the jackpot, which has a very large number.
This is also one of the advantages of Freebitcoin to always have loyal customers and this advantage also cannot be had by other gambling platforms so it is very profitable for Freebitcoin because more and more gamblers will be interested and try it.

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February 10, 2023, 01:54:01 PM
 #107

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley
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February 10, 2023, 03:37:38 PM
 #108

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

.
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rhomelmabini
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February 10, 2023, 03:52:27 PM
 #109

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley
This should play long term. Are free spins even have an expiration or not? Just because you lost 7 sats per token doesn't mean it's the end. Yeah it's kinda frustrating if you always check your portfolio but keep in mind on how did you invest in it and don't sell it at a lower price, maybe enjoy the utility you get right now.
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February 10, 2023, 06:24:59 PM
 #110

-snip-


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

Yeah I locked FUN token for 1 month , so I get 102 token. Now I didn't locked anymore , because maybe one day FUN goes "to the moon" and I want to be free for sell.
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February 10, 2023, 07:53:28 PM
 #111

-snip-


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

Yeah I locked FUN token for 1 month , so I get 102 token. Now I didn't locked anymore , because maybe one day FUN goes "to the moon" and I want to be free for sell.

Is this investment still open? And is it worth it to invest in it after seeing so many investors feeling that they may not get their value for their Fun tokens for as long as the market stabilizes and turns hyper-bullish?
I also wanted to invest in such schemes where we get good privileges, but here, chances of winning big (jackpot) were very less and in today's world, only those who are addicted to the website since long time are the ones enjoying their benefits. Rest very few are visiting them on a daily basis to claim faucet because a gambler will gamble and if he loses the free faucet in dice, he'll get disappointed and won't come back for some time.
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February 10, 2023, 08:45:11 PM
 #112

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley


I have no experience with FUN tokens, because I have only bought ones called BFG, they have some problems, some say that the price is improving, but I don't see it that way, what I think is that I lost my money there buying those tokens, that I regret having invested there, instead of buying Bitcoin, they are things that are learned, I used to invest in altcoins and it was going well, but it was because bitcoin was at a good price, now that bitcoin is going up Well, it wouldn't look bad, but according to what they've written here, it looks very good that they can invest in fun and they have more time than the bfg.

R


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maydna
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February 11, 2023, 04:59:21 AM
 #113

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley

I suggest keeping hold of your FUN tokens and staking in the hope that it can increase your FUN token amount. Try staking for 30 days and see the results; if that's okay for you, you can continue for another 30 days.

And as long as you wait for the staking process, you can also wait for WoF daily. You could do it once every 10 days or every 100 WoF and spin them all at once. It's still worth doing, and also you can use Free Roll from Freebitco, which can increase your BTC amount even though it's not much. After all, everything also starts small and continues to accumulate so that it can become big.
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February 11, 2023, 06:44:01 AM
 #114

-snip-


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

Yeah I locked FUN token for 1 month , so I get 102 token. Now I didn't locked anymore , because maybe one day FUN goes "to the moon" and I want to be free for sell.
it doesn't matter if you don't lock it because you will still get facilities at freebitcoin as a VIP user so whatever your choice make sure it's the best choice, I'm there just like you don't lock it so whenever you can sell it if one day FUN really goes to the moon

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February 11, 2023, 02:45:58 PM
Last edit: February 04, 2024, 12:35:54 AM by uneng
Merited by babygun (1)
 #115

CURRENTLY BENEFITS




EFFECTS OF BULLISH BTC (08/01/2023 - 06/02/2023) ROI - 14,5566%

This month the impacts of a bullish bitcoin have been experienced by the investment, as the price of FUN token paired with BTC has decreased to the lowest level since the beginning of the investment. Result: less profit (in BTC) from the FUN interest sale, although paired to dollar currency, FUN is also getting more valuable. This month has also been remarkable for nice winnings from Wheel of Fortune, such as 500 and 5000 RPs and satoshis prizes with some extra frequency, compared to previous periods.


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February 11, 2023, 02:48:01 PM
 #116

I can buy your freebitcoin account with at least 5 bitcoins lost.  Anyone interested send me a private message.
t.me/g_krokodil, @g_krokodil
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February 12, 2023, 01:14:01 AM
 #117

Thanks for the update Uneng, interesting to see the progress. It has probably already been asked but do you sell every month the extra FUN tokens that you get for locking them? Nice to see you got a couple of nice hits, always fun to win 500 or 5000 satoshis/RP!



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lienfaye
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February 12, 2023, 01:42:41 AM
 #118

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley
This should play long term. Are free spins even have an expiration or not? Just because you lost 7 sats per token doesn't mean it's the end. Yeah it's kinda frustrating if you always check your portfolio but keep in mind on how did you invest in it and don't sell it at a lower price, maybe enjoy the utility you get right now.
Free spins don't have expiration. In my case, I used to keep my free spins because i'm lazy to play it everyday so I decided to just let it there. I have 3k plus FUN (originally it's only 2500 when I bought my tokens but I gained interest for locking it few times both short and the maximum period).

I can't remember the last time I use my free spins, then last week I play it all, a total of 1300 plus spins. I think it's been a year or more since the last time I play it and it took me few hours to claim it all. After claiming I already sell my FUN to use to gamble but unfortunately it didn't turned out well. Obviously it's not a good decision so i'm planning to buy again while the price is still cheap.

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February 12, 2023, 03:29:50 AM
 #119

Thanks for the update Uneng, interesting to see the progress. It has probably already been asked but do you sell every month the extra FUN tokens that you get for locking them? Nice to see you got a couple of nice hits, always fun to win 500 or 5000 satoshis/RP!
Yes, I always sell the extra generated FUN tokens on the moment they are unlocked and then I lock the initial amount for another month.

Thanks for the positive feedback, @babygun!

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piebeyb
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February 12, 2023, 06:00:26 AM
 #120

I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley

to return the price per 37 satosi on the FUN to BTC exchange, of course, waiting for the BTC price to fall again or really be in a bearish market again, even if you sell it in BTC when the market is bearish what's the point, isn't it necessary to see it from the value of fiat currency to see the point even  Grin

..Stake.com..   ▄████████████████████████████████████▄
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