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Author Topic: Investing in Casino tokens such as BFG, OWL or TFS  (Read 8160 times)
Oilacris
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September 14, 2022, 11:57:53 PM
 #401


Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.


Owl did really have that significant drop which you had mentioned about those accusations which might be one of the reason on why it had plummeted on that way because if we do speak about market

pressure or trend then it should really be that on a gradual movement but its a total crash or decrease which means that there are sentiments or fundamentals which causes on that one.

Its up to someone whether they do see these casino tokens to be worth of investment or not.Its a personal choice in the end of the day.

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September 15, 2022, 01:18:33 AM
 #402

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.


I do agree about fair spin and betfury but i think that owl was not facing a significant drop. What time frame that you have used for all of charts above? I meant i was taking all time chart as a better comparison to see the performance from all of tokens above and OWL is performing very good in term of ROI compared with another token like betfury and fairspin. So, far betfury has the worst performance in term of all time chart compared with owl. TFS is the most stable gambling token.

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September 15, 2022, 04:10:50 AM
 #403

-snip-
Owl did really have that significant drop which you had mentioned about those accusations which might be one of the reason on why it had plummeted on that way because if we do speak about market

pressure or trend then it should really be that on a gradual movement but its a total crash or decrease which means that there are sentiments or fundamentals which causes on that one.


I would have assumed it could be also because some user decided to sell their tokens, but it seems that the volume does not suggest the existence of such sale, this may indicate that drop was indeed a consequence of the market sentiment or the sale of those tokens happened on an exchange which CoinMarketcap does not keep track of.



-snip-
I do agree about fair spin and betfury but i think that owl was not facing a significant drop. What time frame that you have used for all of charts above? I meant i was taking all time chart as a better comparison to see the performance from all of tokens above and OWL is performing very good in term of ROI compared with another token like betfury and fairspin. So, far betfury has the worst performance in term of all time chart compared with owl. TFS is the most stable gambling token.

The time frame is one week, I picked that time frame in order to evaluate de behavior of these three tokens in this moment when the market is under pressure because the reasons I already mentioned. The inflation report in the USA seemed to be higher than expected, prompting a red day in the stock market and Bitcoin (which appears to continue to have a high correlation with stocks). Of Course, talking about ROI since the ICO is a different perspective.




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September 15, 2022, 08:43:58 AM
 #404

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.

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September 15, 2022, 11:12:10 AM
 #405

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

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September 15, 2022, 11:22:57 AM
 #406

With owl, they're giving a decent percent of APR but if you're late on that then there's no more slot for you as it closes. While for BFG, I don't know if there's any limit for that slot who wants to earn from there.

But it seems that it's like that and whoever holds it and stake it there then they'll be like you who enjoys profiting from their token.
I understand that there would be a competition between each other as well, why wouldn't people try to shill a casino token when they do it for many others. But at the same time, we need to figure out the fact that maybe some of them are not that much better than the others.

I believe that the real question should be more about if you should invest into a casino token or not from the start, if you do not want to then it doesn't matter which one is better, and if you do want to then you could discuss which one is better or not. I personally did it on BFG and checked OWL and both of them had the same issue for me, which is the fact that they turn to a token company instead of keep being a casino and focus too much on the token.
Well, that's their business model.

And that's what we're doing right now, discussing everything related to these tokens and it's not that limited to them. It just so happen that they are the common ones.

It's normal to have the discussion related to how profitable they are and which of them is a good investment based on everyone's opinions and thoughts.



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Rainbot
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September 15, 2022, 05:11:37 PM
 #407

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

It is the time which every investor and traders are waiting; you are right, those people who already invested will probably to have a decent amount of profits. Once the market start to pump up. Not limited to established alternative coins but also those casino tokens who continually working and surviving in this bear season, they are also expected to perform once the bull run starts to work inside the market and pumps up crypto industry.

Investing is in your own decision making. Buy a token that you fully believe and support. Just have that long patience with you and continue to wait while watching how the market is moving.

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September 16, 2022, 04:21:48 AM
 #408

If there really is any utility or use to the token, many people will buy or invest in that casino token because they can get other benefits from just gambling in that casino. One of the benefits is if the casino token can compete with other casino tokens in the market and get a good position and price so that investors can sell it at the price they want. But if the casino token can survive the fall in a bear market, I think it can still be considered good because the casino can withstand the fall so it doesn't drop drastically like other coins or tokens.
Investor interest in casino tokens is still low due to low liquidity in the market, limited utility, and other factors. So it is difficult for casino tokens to survive against the current bear market crash even the top altcoins cause a decline without Bitcoin price support. But the chance of casino tokens to grow is very possible because some popular casinos don't have tokens yet, so for future big hype then some casinos can partner to develop blockchain concept for multi platform casinos.

I have always thought that casinos are companies that provide a guarantee for users, of course those who are level 1A considered for their high reputation and trust, this makes some launch their own tokens and unlike any other token or project that launches a token, a casino gives more guarantees, since it is already a consolidated company, investors will put their money here, there is no doubt about it, in an eventual rise in BTC, it is obvious that in a correction they want to reserve their money in altcoins or toekns , and what better than doing it in a casino that is highly reputable, that's why I see these tokens as a good investment option.

With owl, they're giving a decent percent of APR but if you're late on that then there's no more slot for you as it closes. While for BFG, I don't know if there's any limit for that slot who wants to earn from there.

But it seems that it's like that and whoever holds it and stake it there then they'll be like you who enjoys profiting from their token.
I understand that there would be a competition between each other as well, why wouldn't people try to shill a casino token when they do it for many others. But at the same time, we need to figure out the fact that maybe some of them are not that much better than the others.

I believe that the real question should be more about if you should invest into a casino token or not from the start, if you do not want to then it doesn't matter which one is better, and if you do want to then you could discuss which one is better or not. I personally did it on BFG and checked OWL and both of them had the same issue for me, which is the fact that they turn to a token company instead of keep being a casino and focus too much on the token.
Well, that's their business model.

And that's what we're doing right now, discussing everything related to these tokens and it's not that limited to them. It just so happen that they are the common ones.

It's normal to have the discussion related to how profitable they are and which of them is a good investment based on everyone's opinions and thoughts.

Shilling is normal especially if some investors want the price of it to pump for their benefit but if we're in doubt, we can always do fact checking by doing our own research. There are really coins that are better than others but are underrated so searching is always an advantage for us to have an idea of where to invest and what to buy. The competition is too high but our skepticism should be higher.

I think that each person has their way of being, and in question is a way of investing and putting their money in some investment, all this has a lot to do with the personality of each person, just like in gambling, each one has their guidelines to make their moves and to risk how much can be spent here in the investment of OWL, BFG among other tokens has a lot to do with the risks that each investor, trader or player wants to take, an investment is as its name says , that you must wait a long time or at least as long as it is necessary to wait until some benefits are given, and just as the altcoins rise when the btc rises, it can and is possible that these casino tokens also rise.

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September 16, 2022, 04:52:09 AM
 #409



Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.



I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.
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September 16, 2022, 05:34:07 AM
 #410

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

It is the time which every investor and traders are waiting; you are right, those people who already invested will probably to have a decent amount of profits. Once the market start to pump up. Not limited to established alternative coins but also those casino tokens who continually working and surviving in this bear season, they are also expected to perform once the bull run starts to work inside the market and pumps up crypto industry.

Investing is in your own decision making. Buy a token that you fully believe and support. Just have that long patience with you and continue to wait while watching how the market is moving.

After seeing the movement of the three casino tokens, which are TFS, BFG and OWL, I think because the price is still very low, we don't need to use or risk too much to invest in those three tokens. And with the bull run season coming up again after this bear season, we can expect the three tokens or one of them to provide a hefty profit.

And indeed, in investing, we should always look for a good time to buy the coin or token so that we don't have to worry if the price drops. I also see that the prices of the three tokens tend to be stable at these numbers but we still have to analyze them first.

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September 16, 2022, 05:57:07 AM
 #411

To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
I don't like to discourage anyone to invest their money in anything they believe is good for them, but they should always know that they are risking higher in some cases. Investing in shitcoins/tokens is not my thing irrespective of the companies behind them, I had a lot of experiences thinking that a token would rise because gambling or trusted companies are behind them, but I lost over 85% of my money in most cases. So, backings by any company or section are not the case, only that if the trader can afford to lose or risk higher, they should go for it.

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September 16, 2022, 06:10:43 AM
 #412

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
The accusations will be very impactful but only for players who come from this forum and previously owl casino has explained in detail their position on this accusation, I just think it's just the impact of the whole crypto market


I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.
Your trust to hold owl tokens will give you big profits if the olw casino continues to operate properly so that it has an impact on the token development.

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September 16, 2022, 06:24:38 AM
 #413

To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.

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September 16, 2022, 09:58:36 AM
 #414

To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.

Good for those coin is to trade it for short time period because believing on something that great things will happen to them in future is so risky and we see how many casino didn't succeed to revive back the past ATH or even closer to its original price when it launch. Also most of the casino tokens I see is at bad shape at the moment so for investors thinking to invest on any casino owned tokens better take extra precaution and always be vigilant on your investment.

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September 16, 2022, 11:57:59 AM
 #415


After seeing the movement of the three casino tokens, which are TFS, BFG and OWL, I think because the price is still very low, we don't need to use or risk too much to invest in those three tokens. And with the bull run season coming up again after this bear season, we can expect the three tokens or one of them to provide a hefty profit.

And indeed, in investing, we should always look for a good time to buy the coin or token so that we don't have to worry if the price drops. I also see that the prices of the three tokens tend to be stable at these numbers but we still have to analyze them first.

Just do a balance investment, if you can divide your spare money to invest with these three coins then hope that in bull season the value will pump high. Like what I've said it's on your take and how you believe in the future of this assets, the chance is always possible as you can take the long road and wait for the price to jump.

To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.

Good for those coin is to trade it for short time period because believing on something that great things will happen to them in future is so risky and we see how many casino didn't succeed to revive back the past ATH or even closer to its original price when it launch. Also most of the casino tokens I see is at bad shape at the moment so for investors thinking to invest on any casino owned tokens better take extra precaution and always be vigilant on your investment.

If that what you see from these types of project then so be it. If you can do short and scalp the market for this casino coins all depends from how will you take your profits and how you will risk your money from a possible losses if the maket failed your target.

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September 16, 2022, 01:09:09 PM
 #416


It is indeed soon to tell how the price will move, if they manage to retain case use/volumen through the time then I would expect these tokens to perform very well during the next alt-season, specially if other casinos decide to mint their own tokes as well bringing awareness to these kind of assets.

The market has gone through the ICO fever, the DEFI fever and the NFT's/Play to Earn. Who knows? there is a chance the next big thing ends up being casino tokens.



-snip-

I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.

Do you have your tokens just sitting in your wallet or do you also stake them to earn some passive income while you way for higher prices?
If you stake your tokens I would like you to share your experience while using the owl Defi. I have already been given some insight on Betfury's staking plaftform but not Owl's.

Would you say liquidity of Owl token is good so it is easy to exchange for Bnb, Eth or btc whenever you need?


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September 16, 2022, 02:21:22 PM
 #417


I do not own OWL, but basically people are just trying to earn an income from all of them, thats the point. I do not even know about TFS to be fair, that is a new one to me, but OWL and BFG has been around for a while and I can easily say that they could be a decent investment on a bull market, but makes no sense during the bear market. What I would suggest is hold stuff like btc or eth during bear market so you could make a profit when it goes up, after it goes up start holding owl or bfg because that will give you not just profit but also income, right now the income is not that good, but during bull it will surely become good.

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September 18, 2022, 02:08:40 AM
 #418

Gambling tokens for investment look just like any other token with an idea - you can make huge profits, but only with the right token at the right time.

Due to many analysis gambling token have prospect compared to other tokens, do you know that in gambling there is always continuous program and development in as much the gambling site is still active and functional, there would be very large chance for token to worth more than any other dumped project out there, so it can't be compared to shitcoin and even many projects lack structures and basic developments. Must coin have been delisted due to inability to meetup market/exchange requirements.
In OWL i think there is a buyback mechanism which is set for the coin to be more valuable in time to come.
there will likely be good prices in the future in some gambling tokens, maybe 1/2/5 and as long as the gambling company is still actively developing the company. but isn't it better to invest in BTC or ETH which has a good chance in the next 1/2/5 years?
maybe it's okay to invest in some gambling tokens but at least maintain to choose some well-known coins that have a recognized track record from a good past. so that when in the future it comes when investing in gambling tokens and good coins (btc,eth) and after that the price reaches ATH will be more profitable.

this is just my point of view

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Mr. Magkaisa
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September 18, 2022, 03:30:00 AM
 #419

Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.

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ethereumhunter
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September 18, 2022, 03:15:35 PM
 #420

-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.
Before you buy any tokens or coins, make sure you know where you can store them other than on exchanges or gambling sites so you can feel safe and not worry about something bad happening. So during that waiting time, we can use our time for other things and maybe to seek profit from trading, not from gambling.

Indeed, when another altcoin season comes to the market, it can trigger almost all coins to rise to the top, which can be profitable for us. But when the altcoin season comes, no one will know and we can only wait.

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