Investing in Casino tokens such as BFG, OWL or TFS

[n0ne]

I once lost 25,000$ investing in a crypto casino token named rocketgame, the casino itself was fully playing on TRON smart contracts - It was kind of ahead of its time but they closed and so did my Investment - Up until today I wonder why that casino closed, it was made from the same owners/creators as duckdice and it seemed to be pretty successfull.

I also lost 0.1 btc in a casino bankroll investment 2 years ago.

Its very risky to invest into a crypto casino token, with BetFury, thats a good one. I should have invested it into BFG but rocketgame was even a better and more future casino then BetFury is so...

I will stay away from casino tokens, I rather invest into defi's and compound.

You've gone for the big money. Same as we give priority to a crypto positioned among the low cap coins these casino based coins can be considered. Just because these casinos create revenue, we should not focus on generating big growth from these investment. Many people invest with such mentality. It is always good to have invested on coins that have usage beyond the Casinos, even if it is casino based project.

[ethereumhunter]

I once lost 25,000$ investing in a crypto casino token named rocketgame, the casino itself was fully playing on TRON smart contracts - It was kind of ahead of its time but they closed and so did my Investment - Up until today I wonder why that casino closed, it was made from the same owners/creators as duckdice and it seemed to be pretty successfull.

I also lost 0.1 btc in a casino bankroll investment 2 years ago.

Its very risky to invest into a crypto casino token, with BetFury, thats a good one. I should have invested it into BFG but rocketgame was even a better and more future casino then BetFury is so...

I will stay away from casino tokens, I rather invest into defi's and compound.

That's a huge amount of money. If you only invest in bitcoin, you can make huge profits when the bull market comes. That was a mistake and you have learned from that lesson so you have at least some experience with tokens in casinos. Maybe if you want to invest in casino tokens, you shouldn't take too much risk based on your experience because we don't know what will happen with the tokens. It's better if we invest in bitcoin which can clearly provide big profits in the future.

[darewaller]

I never saw it as "investment", that's the thing people mistake. Just buy some for the benefits and forget about it, like in-game app purchases of the games we play, it's not because we want profit or returns, just make sure that you "spend" it and that would be a great deal because if you are gambling in these places then you would have huge benefits as gamblers thanks to these tokens.

People buy them and hope that suddenly because it's a casino token the price would go up, that's not the point. I have never lost any money in any casino token. Because, I made my "investment" as a loss first, then start to recoup it the more I gamble and the more I get in return, it breaks even after a while.

[bitbollo]

I suggest you take a look at this project related to the gambling sector because it is something innovative (check also if you are eligible for a "free chip") [IBCO - Whitelist] ⚽🎰 Casino Critique⭐ FREE Chip for BCT Members ❤️‍🔥

The idea of providing part of the earnings to those who buy a stake or take part  in their project is interesting... There are already sites that offer similar services but do not offer this possibility of direct investment.

[harizen]

That's a huge amount of money. If you only invest in bitcoin, you can make huge profits when the bull market comes. That was a mistake and you have learned from that lesson so you have at least some experience with tokens in casinos. Maybe if you want to invest in casino tokens, you shouldn't take too much risk based on your experience because we don't know what will happen with the tokens. It's better if we invest in bitcoin which can clearly provide big profits in the future.

The comparison of investing in casino tokens or putting money on a gambling site's bankroll with investing in bitcoin seems not appropriate. I'm sure everyone knows that putting money in Bitcoin is a must. That user was able to spend $25,000 which makes me think he did some DYOR before taking the risks.

There's no mistake in putting money on gambling sites on their investment side. The mistake was, that the user didn't manage properly the investment on the way leading to that loss. Although he can't control the flow of the gambling site obviously, considering an exit is a wise way to minimize the possible losses and then move forward on other investments later on.

[babygun]

I once lost 25,000$ investing in a crypto casino token named rocketgame, the casino itself was fully playing on TRON smart contracts - It was kind of ahead of its time but they closed and so did my Investment - Up until today I wonder why that casino closed, it was made from the same owners/creators as duckdice and it seemed to be pretty successfull.

I also lost 0.1 btc in a casino bankroll investment 2 years ago.

Its very risky to invest into a crypto casino token, with BetFury, thats a good one. I should have invested it into BFG but rocketgame was even a better and more future casino then BetFury is so...

I will stay away from casino tokens, I rather invest into defi's and compound.

Sorry for your loss, that is quite a big amount! While I can agree that it can be risky to invest in casino tokens especially if you hope to score some quick money. The benefit of Betfury with their BFG tokens is that you earn them for placing bets on their site which makes it very interesting.

[TimeTeller]

That's a huge amount of money. If you only invest in bitcoin, you can make huge profits when the bull market comes. That was a mistake and you have learned from that lesson so you have at least some experience with tokens in casinos. Maybe if you want to invest in casino tokens, you shouldn't take too much risk based on your experience because we don't know what will happen with the tokens. It's better if we invest in bitcoin which can clearly provide big profits in the future.

The comparison of investing in casino tokens or putting money on a gambling site's bankroll with investing in bitcoin seems not appropriate. I'm sure everyone knows that putting money in Bitcoin is a must. That user was able to spend $25,000 which makes me think he did some DYOR before taking the risks.

There's no mistake in putting money on gambling sites on their investment side. The mistake was, that the user didn't manage properly the investment on the way leading to that loss. Although he can't control the flow of the gambling site obviously, considering an exit is a wise way to minimize the possible losses and then move forward on other investments later on.

Definitely, the user is looking for better payout as it is a gambling business.
But as an investor, you should know that you need to follow the casino's progress.
So if you feel that they are diverting from your expectations, better cash out while you are still in profit.
And if you happen not to visit the site regularly, the chance of losing your investments is really high.
Because the profitability in investing in the casino depends on the performance and revenue itself of the casino.

[ethereumhunter]

That's a huge amount of money. If you only invest in bitcoin, you can make huge profits when the bull market comes. That was a mistake and you have learned from that lesson so you have at least some experience with tokens in casinos. Maybe if you want to invest in casino tokens, you shouldn't take too much risk based on your experience because we don't know what will happen with the tokens. It's better if we invest in bitcoin which can clearly provide big profits in the future.

The comparison of investing in casino tokens or putting money on a gambling site's bankroll with investing in bitcoin seems not appropriate. I'm sure everyone knows that putting money in Bitcoin is a must. That user was able to spend $25,000 which makes me think he did some DYOR before taking the risks.

There's no mistake in putting money on gambling sites on their investment side. The mistake was, that the user didn't manage properly the investment on the way leading to that loss. Although he can't control the flow of the gambling site obviously, considering an exit is a wise way to minimize the possible losses and then move forward on other investments later on.

Hopefully, he can DYOR before investing because once he invests, he has taken the risk and must accept it later. But if the casino has a bitcoin investment, it should take a bitcoin investment to provide more profits. But spending $25,000 could put a bigger risk; therefore, he should think before deciding.

We can suggest him invest elsewhere so he can get more profit. And he should also be able to know when to get out of his investment with a profit and don't continue investing if he can't see a profit.

[X-ray]

I once lost 25,000$ investing in a crypto casino token named rocketgame, the casino itself was fully playing on TRON smart contracts - It was kind of ahead of its time but they closed and so did my Investment - Up until today I wonder why that casino closed, it was made from the same owners/creators as duckdice and it seemed to be pretty successfull.

That might be being used as a money grabber by the same creator. This must force us to pay more attention to the more platforms even if that was also creating by a reputable owner or developers. We must always be careful with it.

I also lost 0.1 btc in a casino bankroll investment 2 years ago.

Its very risky to invest into a crypto casino token, with BetFury, thats a good one. I should have invested it into BFG but rocketgame was even a better and more future casino then BetFury is so...

I will stay away from casino tokens, I rather invest into defi's and compound.

Offering more features compared with another casino was just a trick to attract the investors while this is also an old trick that being used by scammers. I would not be surprised if you thought that if rocketgame has more features compared with betfury and you think that would better to pick it. 99% project build in tron blockchain was a scam. It's not only rocketgame It's only one from so many scam gambling platforms created by scammer https://dappradar.com/rankings/protocol/tron/category/gambling

Almost all have no users.

[Wiwo]

If there is any casino token I will like to hold it should be the owl token as I have tested their network and understood how it works, the casino that has success tome like an owl in the market where the price is stable is an added advantage for the revenue of the casino, I know a lot of effort has been put in place to get the token the visibility it has right now. But then the gain will outweigh the risk and the token price is relatively stable and has been on the increase since the bear market started, which shows how strong the resistance the ecosystem of the token as a utility token in the casino is.

[mak013]

Cryptocurrencies is casino by itself. And volume and activity just give you a chance to sell tokens. But it doesn`t give you any guarantee that the price would be nice.
Investing in casino looks the same as any other investment in cryptocurrencies. The main difference in such kind of investment that you can`t wait for 10-20-50 years. You have to change your strategy and tokens rather fast.

You can easily tell how the casino-based tokens are performing not only in the market but how they are accepted in the gambling community and
how good is their reputation, BFG and Owl tokens are two tokens that are well accepted by the community based on the players supporting their platform, there are casino-based tokens but nothing beats these two, and as long as these two are well supported it's worth holding these two tokens, casinos are here to stay so these two tokens are staying for long term.

I often hear such words about other projects. And often see how these projects disappears. I can`t say nothing bad about these tokens. But the team and reputation for the casino-based tokens is the same for all other tokens. I`ll not be surprised, if some new casino will create their tokens and steal users money. If somebody believes that casino tokens are good for investment - it means only that someone else will cheat with it.

[Tumanggor]

If there is any casino token I will like to hold it should be the owl token as I have tested their network and understood how it works, the casino that has success tome like an owl in the market where the price is stable is an added advantage for the revenue of the casino, I know a lot of effort has been put in place to get the token the visibility it has right now. But then the gain will outweigh the risk and the token price is relatively stable and has been on the increase since the bear market started, which shows how strong the resistance the ecosystem of the token as a utility token in the casino is.

This is screenshot of the chart display on the OWL token coinmarketcap since the first time they were registered, from this screen display it is clearly seen that the price of the OWL token is very stable and suitable for users who want to withdraw funds or deposit funds

OWL and BFG are the best gambling token recommendations for all gambling investors or players, both prices are very stable

[Get-Paid.com]

All coins in the market have lost their 60-80% value along with Bitcoin. But compared to that, the price of gambling coins has not decreased much. But as the price of Bitcoin rises, so does the price of gambling coins. So I mean buy and hold gambler coins are more likely to profit than lose.

BFG as of today is $0.017 - it hasn't lost much value but paid massive returns (70% per annum) - so so far despite all the crypto price falls, Euro reaching parity with the dollar and more - token such as BFG are quite reselient.

[Hamza2424]

If there is any casino token I will like to hold it should be the owl token as I have tested their network and understood how it works, the casino that has success tome like an owl in the market where the price is stable is an added advantage for the revenue of the casino, I know a lot of effort has been put in place to get the token the visibility it has right now. But then the gain will outweigh the risk and the token price is relatively stable and has been on the increase since the bear market started, which shows how strong the resistance the ecosystem of the token as a utility token in the casino is.

Better much better, I think you have made a decent research about it. But i dont see any long term majour scope in holding casino tolens asking again here. Must need to know that Alts just work as side move of BTC and new revolution introduction of new concepts of real world in crypto. Implementation is always a bright part of project so you need to know scope is always in potential alts others are just bluff of hype.

[Wiwo]

Better much better, I think you have made a decent research about it. But i dont see any long term majour scope in holding casino tolens asking again here. Must need to know that Alts just work as side move of BTC and new revolution introduction of new concepts of real world in crypto. Implementation is always a bright part of project so you need to know scope is always in potential alts others are just bluff of hype.

You are right in a way though, but what makes owl token different from any other casino to mend is the fact that they have a staking service that enables holders of the women to stake them and make passive income from the staking rewards, so since owl token is relatively stable in price it becomes better to stake them for long without much worries about market volatilities and its impact on your investment.

[ultrloa]

Better much better, I think you have made a decent research about it. But i dont see any long term majour scope in holding casino tolens asking again here. Must need to know that Alts just work as side move of BTC and new revolution introduction of new concepts of real world in crypto. Implementation is always a bright part of project so you need to know scope is always in potential alts others are just bluff of hype.

You are right in a way though, but what makes owl token different from any other casino to mend is the fact that they have a staking service that enables holders of the women to stake them and make passive income from the staking rewards, so since owl token is relatively stable in price it becomes better to stake them for long without much worries about market volatilities and its impact on your investment.

I think this staking is common utility for tokens and many created this but some of them still failed to give good boost on their token price. But still this is good addition since it will lesser the selling pressure created by people who cannot wait for further developments. And I think people still consider the volatility since you get nothing if the price dump and your long wait will be turn to waste so they need more good usage for their token so that people will not think about dump it when they receive some.

[delfastTions]

Better much better, I think you have made a decent research about it. But i dont see any long term majour scope in holding casino tolens asking again here. Must need to know that Alts just work as side move of BTC and new revolution introduction of new concepts of real world in crypto. Implementation is always a bright part of project so you need to know scope is always in potential alts others are just bluff of hype.

You are right in a way though, but what makes owl token different from any other casino to mend is the fact that they have a staking service that enables holders of the women to stake them and make passive income from the staking rewards, so since owl token is relatively stable in price it becomes better to stake them for long without much worries about market volatilities and its impact on your investment.

I think this staking is common utility for tokens and many created this but some of them still failed to give good boost on their token price. But still this is good addition since it will lesser the selling pressure created by people who cannot wait for further developments. And I think people still consider the volatility since you get nothing if the price dump and your long wait will be turn to waste so they need more good usage for their token so that people will not think about dump it when they receive some.

Staking is a very useful tool for regulating token markets.
And rightly so, many devs are making staking opportunities on their tokens. There is also an important psychological moment. Any person is always pleased to see that the amount in the account has increased. And of course, staking is a powerful tool to reduce the exchange and over-the-counter turnover of tokens, which makes the token price more stable.
I have always been positive about staking opportunities, even with the usually small percentage growth in the number of tokens.

[danadc]

If there is any casino token I will like to hold it should be the owl token as I have tested their network and understood how it works, the casino that has success tome like an owl in the market where the price is stable is an added advantage for the revenue of the casino, I know a lot of effort has been put in place to get the token the visibility it has right now. But then the gain will outweigh the risk and the token price is relatively stable and has been on the increase since the bear market started, which shows how strong the resistance the ecosystem of the token as a utility token in the casino is.

This is screenshot of the chart display on the OWL token coinmarketcap since the first time they were registered, from this screen display it is clearly seen that the price of the OWL token is very stable and suitable for users who want to withdraw funds or deposit funds

OWL and BFG are the best gambling token recommendations for all gambling investors or players, both prices are very stable

I do not understand very well these things on the charts and how to buy and sell, for me I see that as ups and downs, but recently it happened to me that I bought some altcoins with little money, with $20 dollars and I took it in a good price level that was low, and after I bought it went down more, lol I left that money invested there because why was I going to withdraw with the losses, just thank God I didn't do it using futures, for the OWL and BFG tokens already in There are many speculations in his threads, everyone is waiting for the best move to withdraw profits, other players only bet it and others keep it in mining.

I've been interested in mining for a long time, but it's complicated, the best thing I've seen is what they do with the BFG, they leave it in the casino and that produces profits in various currencies, including bitcoin.

[Fredomago]

I do not understand very well these things on the charts and how to buy and sell, for me I see that as ups and downs, but recently it happened to me that I bought some altcoins with little money, with $20 dollars and I took it in a good price level that was low, and after I bought it went down more, lol I left that money invested there because why was I going to withdraw with the losses, just thank God I didn't do it using futures, for the OWL and BFG tokens already in There are many speculations in his threads, everyone is waiting for the best move to withdraw profits, other players only bet it and others keep it in mining.

I've been interested in mining for a long time, but it's complicated, the best thing I've seen is what they do with the BFG, they leave it in the casino and that produces profits in various currencies, including bitcoin.

You need to undergo with deeper research in order for you to understand how things work and how will you take advantages with staking features of these assets. The deeper you understand, the more passive ways you can earn from those projects. It's not easy to see your investment going down but if you know that there's a good returned once the market turn to bull, instead of selling it's best to add more if you have some spare money to buy for additional coins.

More on taking your investment to a long-term goal and continue to enjoy passive earnings from your stake coins.

[XZERO1]

It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites

~snip~

One of the main reasons is the fact that most of the people buy these tokens buy it to bet with it or use other gambling benefits that could come with holding that token and not to take some profit from the swings, probably most of them don't even check the token price that often, so holders of their tokens are mostly indifferent to price decrease and less likely to sell out of panic.

Actually because of the reasons mentioned these tokens are great buys (if the gambling website is reputable) on the dips as they're less likely to not recover from the lows, since the demand is almost always there and because there are some people waiting on the sidelines waiting for those dips to buy the tokens to bet with.