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Author Topic: Investing in Casino tokens such as BFG, OWL or TFS  (Read 8160 times)
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July 30, 2022, 10:18:34 AM
 #141


With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.
I'm part of the bounty campaign when they are launching their ICO  and it was the best bounty campaign I joined, I made a good profit from this bounty by staking my rewards unfortunately I made a bad decision of playing half of it and lost it and sold part of my remaining rewards when I had an emergency but now I'm accumulating it because I believe it's potential, they are true to all their promise and working hard to get into the top exchanges that I know they will in the future.
So far their reputation here in Bitcoin is still good, they are competitive and who knows in the future they might become one of the top 3 casinos in the industry.

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July 30, 2022, 03:24:44 PM
 #142


With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

.
DuelbitsSPORTS
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July 30, 2022, 03:39:56 PM
 #143

<snip>
I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

Yes, why would anyone invest in anyone of them? Why not divide your investment in all of these tokens? This way you will get reduce the risk in case any token/platform does not perform well.

Generally, all of these tokens are good ones as they have a perfect use case as they are the tokens of the gambling platform and people use these tokens to gamble on these sites.
Some of the coins arent really that in line with its company itself yet there are traders which do scalp out with this coins volatility which arent really that connected on whats happening around on the platform which does simply means that it is really truly an independent type of reason on such movement or able to sustain out on a market that do really shows off opposition.

When you do make out decisions on investing with these coins then it is really that depending on you since its your money and if you do see that it is really worth for you to dive in then
its your choice on doing so.

There's nothing on this world could able to predict out on whats ahead specially on things that we do expect for its  value to rise.Diversifying would be a solution
but we know that not all does have the funds on doing so.

I am not saying to invest in only these three coins as these are the high potential gambling platform coins. The portfolio must contain bitcoins along with some other high volume coins. We could invest around 10% of our portfolio in these gambling coins and divide them between  BFG, OWL and TFS.
Even if someone is low on funds, they could just make the investment based on the percentage value of the whole portfolio.

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UmerIdrees
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July 30, 2022, 03:48:09 PM
 #144


With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.

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July 30, 2022, 04:30:44 PM
 #145


No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

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July 30, 2022, 04:41:36 PM
 #146


With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.
I miss Betfury bounty campaign and signature campaign. When they shared BFG tokens for Bounty and Signature Campaign a long time ago. Those who joined and worked on the Betfury campaign then.  They received many BFG tokens.  Staking those tokens got a lot of rewards and is still getting them. now i have only way to buy BFG token and stake it he he

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July 30, 2022, 09:00:01 PM
 #147


Extra benefits inside the platform, just like a VIP program for loyal customers, so they increase their business' range to investors, rather than solely gamblers. From all casinos' tokens I prefer FUN, because freebitco.in offers benefits in bitcoin (extra interest rate), so you earn more bitcoins by investing in FUN, while also earning interest over FUN tokens during the period of time you choose locking your funds.
On the other hand, I would avoid venturing myself with tokens which don't offer advantages in bitcoin for holders and investors. Bitcoin must be always the focus in crypto market, doesn't matter how high are the yields paid by altcoins' investments.

I also invested in FUN tokens as the premium membership is interesting and with all the benefits that you get (WOF spins, extra interest on your BTC, cashback, ...), the ROI is rather short (around 1 year; depending on your luck also).
It will really depend on your luck and how many btcs you have invested on the platform. Solely from FUN interest income you can make up to 25% ROI, considering the proportionality between bitcoin and FUN remains stable during that time period.

By relying on luck is dangerous and I must confess I got wrecked by persuing cashback, hiting stop-loss. Attempting to decrease ROI time I ended losing money. So, be careful.

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DoublerHunter
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July 30, 2022, 09:29:03 PM
 #148


Extra benefits inside the platform, just like a VIP program for loyal customers, so they increase their business' range to investors, rather than solely gamblers. From all casinos' tokens I prefer FUN, because freebitco.in offers benefits in bitcoin (extra interest rate), so you earn more bitcoins by investing in FUN, while also earning interest over FUN tokens during the period of time you choose locking your funds.
On the other hand, I would avoid venturing myself with tokens which don't offer advantages in bitcoin for holders and investors. Bitcoin must be always the focus in crypto market, doesn't matter how high are the yields paid by altcoins' investments.

I also invested in FUN tokens as the premium membership is interesting and with all the benefits that you get (WOF spins, extra interest on your BTC, cashback, ...), the ROI is rather short (around 1 year; depending on your luck also).
It will really depend on your luck and how many btcs you have invested on the platform. Solely from FUN interest income you can make up to 25% ROI, considering the proportionality between bitcoin and FUN remains stable during that time period.

By relying on luck is dangerous and I must confess I got wrecked by persuing cashback, hiting stop-loss. Attempting to decrease ROI time I ended losing money. So, be careful.
^ I have also a FUN token and I invested it last few months ago.
I know that this token has potential because the gambling casino freebitco.in was in service for how many years and I did not hear such major issues as scamming their users.
That is right, we must be careful even though it is trusted enough, it is always good to invest BTC than the altcoins that come from the casino, you will never know when they will exist. So holding it in the long run is still dangerous. 

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July 31, 2022, 05:49:38 AM
 #149

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.
Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

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cabron
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July 31, 2022, 06:07:06 AM
 #150

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.
Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

I think there is a restriction to these casino tokens because even the DEX won't list  them. I just couldn't find a regulation news about it because its a hand off for exchanges. If it were just listed on Binance and the casino is also  popular, its going to be an opportunity for investors. It seem a win-win, casino is a cash cow.

By the way, there is a scam accusation to OWL games. Not really them but evidence shows they are sister company of SandBoxCasino.io.
Just so you guys know its in this thread https://bitcointalk.org/index.php?topic=5407736.0

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July 31, 2022, 02:50:39 PM
 #151

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.
Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

As a holder of Owl and BFG, I'm hoping that they can get listed, Betfury's long-term plan and part of their roadmap are to get listed on Binance and land in the top 100 coins in the market aggregator, they are still holding on to that plan and the community is supporting that goal I suggested to them that even if they cannot list on Binance for now they should add more exchange, top exchanges that are of Binance equal in terms of volume, so far BFG and Owl token still competitive in the gambling industry so our hopes are still alive.

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Hamphser
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July 31, 2022, 09:18:33 PM
 #152

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.
Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

As a holder of Owl and BFG, I'm hoping that they can get listed, Betfury's long-term plan and part of their roadmap are to get listed on Binance and land in the top 100 coins in the market aggregator, they are still holding on to that plan and the community is supporting that goal I suggested to them that even if they cannot list on Binance for now they should add more exchange, top exchanges that are of Binance equal in terms of volume, so far BFG and Owl token still competitive in the gambling industry so our hopes are still alive.
Nothing is assured when it comes to future aspect of certain coins or projects and it would really vary on the development and simply with the demand.If they would really be listed on main or known platforms

or exchangers then expect for its price to soar up at least but in the end of the day which support for the project would be the main key for it to sustain with this unpredictable market.

I dont have any gambling based tokens/coins in my portfolio yet we do know that only few do really see some positive input or views for these coins to soar up its value but
well this is a personal choice.

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Get-Paid.com (OP)
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August 01, 2022, 06:16:53 PM
 #153

As a holder of Owl and BFG, I'm hoping that they can get listed

Where?
They are already listed in several exchanges.

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August 02, 2022, 08:04:49 AM
 #154


Nothing is assured when it comes to future aspect of certain coins or projects and it would really vary on the development and simply with the demand.If they would really be listed on main or known platforms

or exchangers then expect for its price to soar up at least but in the end of the day which support for the project would be the main key for it to sustain with this unpredictable market.

I dont have any gambling based tokens/coins in my portfolio yet we do know that only few do really see some positive input or views for these coins to soar up its value but
well this is a personal choice.

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.

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August 02, 2022, 08:46:00 AM
 #155

As a holder of Owl and BFG, I'm hoping that they can get listed

Where?
They are already listed in several exchanges.


Maybe he mixed those two with Chips tokens? Chips tokens can only be staked on their site...

Well, yesterday I started playing at Starsbet, another casino with dividends...  



As you can see we get BTC, ETH, TRX, and BNB for staking Star tokens... I have a bit over 2k for now!

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Hamphser
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August 02, 2022, 07:45:47 PM
 #156

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.
As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the  site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.

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August 03, 2022, 12:00:58 AM
 #157

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.
As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the  site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.
But they are more stable than trending coins like NFT and MEME based coins I did not invest in Rollbit but only have BFG and Owl and so far my investment is doing good staking yielding me a good profit, it very different results based on the community support and belief of the investors that the coin they've invested will be a long term profit, I believe these token-based casinos have not yet reached their full potential.

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August 03, 2022, 03:51:23 AM
 #158

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token
Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.
I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.

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August 03, 2022, 10:43:47 AM
 #159

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token
Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.
I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.
But at the same time, it should be borne in mind that since 2020, there has been a powerful peak in the growth of prices for all cryptocurrencies and bitcoin has reached a peak price of $69,000.  Now it has decreased by more than 3 times.  And the BFG token, in my opinion, passed this peak very worthily and I think you did not find yourself in a strong loss.  
And by the way, those who bought cryptocurrencies at price peaks in the hope of bitcoin rising to $100,000, which was promised by many unfortunate analysts.  So these buyers are in a very serious minus.  By the way, for example, even Salvador President  Bukele.
But he is not upset, but is sure that he will be in the black when the bullish cycle in the crypto markets finally begins. Smiley

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August 03, 2022, 11:56:50 AM
 #160

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token
Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.
I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.
I rarely seen people used gambling token that issued by casino directly to gambling. Most of users preferring to use the altcoin with good scalability. You can also see that so many casinos were also accepting various tokens with very very low fees as well. This is a problem when gambling token lack of utility and it needs to be improved.

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