Investing in Casino tokens such as BFG, OWL or TFS

[suzanne5223]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

[Fredomago]

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.

Any potential assets can move along with the hypes inside the market, as long as there're real usages and purpose from you hold coins you may expect to see god bounce when bull run starts to pump up. It's important to address all the factors that will drive you to choose what particular coins to hold.

Those casino coins are included with good potentials, the business still exists and the chance of seeing coins to pump is very possible.

Just have a good knowledge together with long patience, it will generate success if you are really aware of possible long wait.

[serjent05]

-   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.

It is always a good move to accumulate when the price of any token (not only these Casino token) plummet during a bear market.  We all know that after a bear market, the prices of cryptocurrency recover, and that is a very good time to take a profit after a long time of holding.

Any potential assets can move along with the hypes inside the market, as long as there're real usages and purpose from you hold coins you may expect to see god bounce when bull run starts to pump up. It's important to address all the factors that will drive you to choose what particular coins to hold.

Those casino coins are included with good potentials, the business still exists and the chance of seeing coins to pump is very possible.

Just have a good knowledge together with long patience, it will generate success if you are really aware of possible long wait.

True, even less potential tends to move along hype inside the market.  So this casino token may be a good catch if we accumulate and hold it until the bear market ends.

[LUCKMCFLY]

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

This theory is not ruled out, I think that in the future if these casinos are well maintained, they will have these tokens as treasures so that few can access, this is something that normally we as players currently see as any currency, but when we see the development if they are going to be relevant, there are many who should already be buying, everything is beginning to develop due to the current market situation, it is something that cannot be avoided, because bitcoin is low, and while it is like this it is difficult for the demoas tokens and altcoins may arise, those who decide to invest right now is because they really have a way to cover possible losses.

[babygun]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

[lienfaye]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

Thats true. It's up to us where to invest that we think might be profitable to hold in the future. It's advisable to invest in established coins like Bitcoin, ETH, BNB etc. but if we think investing in casino tokens are also worth to try then why not? We're still in bearish season and majority of coins are declining, hence it's not surprising if casino coins are not performing well during this time. As long as you believe in the coins you hold and can wait longer then it's your choice.

[Fredomago]

True, even less potential tends to move along hype inside the market.  So this casino token may be a good catch if we accumulate and hold it until the bear market ends.

As long as the developing team still exist and still doing their job not to have abandoned the project the chance still open for crypto assets that you are holding, Like with what I've mentioned these casino coins are still in progress they are building good relation in between gamblers and investors so the chance is really good if you accumulate more especially while the market still down.

It's your own take when you pick or select assets to hold. The more you go deeper, the higher the chance you'll pick the best and suitable project for your type of investment.

[Tumanggor]

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BFG Token has gained quite a reputation in this respect. BFG Token is currently listed on five exchanges including Dex and cex. They also have excellent staking programs running on their website. This coin may perform very well in the next bull market. So it should be taken that opportunity in this bear market.

discussing about BFG, currently betfury tokens are listed on;

pancakeswap
babyswap
biswap
apeswap
and cointiger

Until now I still hold several thousand BFG which I staking on the betfury site, I continue to hope that in the future BFG will be listed on major CEX exchanges such as Binance or Kucoin, but it seems the developer has other considerations

[LUCKMCFLY]

I continue to hope that in the future BFG will be listed on major CEX exchanges such as Binance or Kucoin, but it seems the developer has other considerations

It may take many more time  to take listed on those websites because the tokens of these gambling websites do not even come close to the requirements to be listed on Binance. The trade volume wasn't enough for that and with so many gambling websites, they are not able to achieve that amount of trade volume, and now most of the new gambling websites are coming out with their own tokens, so I think that Bitcoin, BNB, Ethereum are the top level coins from holding these coins.  Better to hold.

Well this listing of the BFG already depends a lot on what they want to do, if the Betfury team wants it to be listed, they can do it, but I understand that they do not want to list it yet due to the uncertainty of the market, it is obvious that if they list it right now they are going to give it a big Dump, so maybe for now they are giving movement to the BFG in any way, in contests or something like that, in many ways the token can be promoted, only now is not a good time to list it, of course, in Binance anyone's eyes will shine, but seeing that everything is like this with these fundamentals, it is best to wait, and those who have BFG, Hodl.

[Jemzx00]

I continue to hope that in the future BFG will be listed on major CEX exchanges such as Binance or Kucoin, but it seems the developer has other considerations

It may take many more time  to take listed on those websites because the tokens of these gambling websites do not even come close to the requirements to be listed on Binance. The trade volume wasn't enough for that and with so many gambling websites, they are not able to achieve that amount of trade volume, and now most of the new gambling websites are coming out with their own tokens, so I think that Bitcoin, BNB, Ethereum are the top level coins from holding these coins.  Better to hold.

Well this listing of the BFG already depends a lot on what they want to do, if the Betfury team wants it to be listed, they can do it, but I understand that they do not want to list it yet due to the uncertainty of the market, it is obvious that if they list it right now they are going to give it a big Dump, so maybe for now they are giving movement to the BFG in any way, in contests or something like that, in many ways the token can be promoted, only now is not a good time to list it, of course, in Binance anyone's eyes will shine, but seeing that everything is like this with these fundamentals, it is best to wait, and those who have BFG, Hodl.

I doubt that BFG will be listed on these trading platforms anytime soon even if they want to based from the current volume they have right now. Also, I don't see any reason as to why they would not list their tokens to any of these platforms especially Binance if they really can.

What they are probably doing right now is to provide more updates and relevant news to increase the volume as well as the value of their token to be listed on these platforms.

[Hispo]

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discussing about BFG, currently betfury tokens are listed on;

pancakeswap
babyswap
biswap
apeswap
and cointiger

Until now I still hold several thousand BFG which I staking on the betfury site, I continue to hope that in the future BFG will be listed on major CEX exchanges such as Binance or Kucoin, but it seems the developer has other considerations

I just checked out of curiosity and it seems the biggest market in terms of volume for BFG is Biswap with about 100k$ in that last 24hs, which is not bad for a relatively new casino token, however to get listed in a major exchange like Binance there must be a higher volume so Binance could consider to be wortht of the inclusion (they need the volume in order to take profits off the orders).

The listing will increase the price, no doubt about it, but the way it see it there seems to be enough liquidity in these exchanges you listed.
Regardless the developer likes the idea of a CEFI listing, it would be a huge chance to impulse the adoption of any token. 

[ChiNgadOr]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

There are so many shitcoins in the market now and some persons are taking the risks of holding large quantities of coins that may not survive the market in a long run. Bitcoin is the major coins that could safe us from the market in a long run so it will be good for us to rely on Bitcoin maybe with large amount of our funds than holding some project tokens that may not have enough liquidity to go far in a long range of time. There are still some project tokens that are good to be hold for just a short while since the market is not that predictable.

[abel1337]

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Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

There are so many shitcoins in the market now and some persons are taking the risks of holding large quantities of coins that may not survive the market in a long run. Bitcoin is the major coins that could safe us from the market in a long run so it will be good for us to rely on Bitcoin maybe with large amount of our funds than holding some project tokens that may not have enough liquidity to go far in a long range of time. There are still some project tokens that are good to be hold for just a short while since the market is not that predictable.

Well yes, We have different strategy in keeping our portfolio, We all have different risk appetite and this levels our percentage of altcoins we have. Having majority of your portfolio into altcoin doesn't mean that you are holding a bigger risk against other. I think it's all about the coins we are holding. Like these casino tokens, I'm a bit uncertain to these honestly and I don't plan to hold or acquire one soon.

[mak013]

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.

This is the same for all the cryptocurrencies. It is possible to invest for a long time, but no one can guarantee that after next dump your tokens will cost anything. Today all markets are red, these tokens are same as the others. When you invest in offline casino - you see the equipment, the building, documents. When you invest in online casino - you just have to believe. It is not good for investing.

[LUCKMCFLY]

I do not know any nations with 17 dollars per month salary, maybe daily? That is a super low amount, I do not think that even the poorest nations would have such a thing maybe aside from Venezuela, even my nation which is doing horrible in economy, has like 250 dollars per month to 300 dollars per month minimum wage, it is still quite low of course but not 17, that is just too wild. In that regard 850 dollars investment could be found by just signature campaigns and you would be a wealthy person from the income of that alone, plus all the investments you could do.

17 dollars per month minimum wage look unrealistic to me maybe per day as you have rightly said, my country has a minimum wage of about $30 a month and this is 18 thousand naira in my local currency until recently the government increased it to $47 that is 33 thousand Nigeria naira which is still very poor considering the cost of living that has increased greatly since after covid 19. So a $17 minimum wage is quite an unthinkable amount to earn as a worker because that amount will cripple workers purchasing power and the inflation rate will skyrocket in such an economy.

Dont know on where you do get those 17 which $47 is currently the lowest monthly salary.

Cuba. 47.33 USD.
Congo. 82.94 USD.
Tajikistan. 133.68 USD.
and so on....
https://www.paylab.com/top-salaries/rankings/top-20-countries-lowest-salary?lang=en

So just like you do said that it was really indeed impossible unless if it wasnt really that an actual permanent day job.?

Well, although it is not an issue that has much to do with tokens, but in Venezuela the minimum wage does not even reach 4 USD, it is something very sad, despite what they say that the salary is above that, in Actually it is not, it is more if they want to position it in any amount, the same local currency is in charge of being devalued enough so that it is not worth more, the rampant inflation in the country means that work things do not work, people look for other types of work that produces quite adequate income, some develop a good business model, but another select group that knows about cryptocurrencies invests, but invests more in Bitcoin, so Venezuela is a country that if they enter with good publicity with an altcoin or token they can make it take the maximum point of a currency, that is the potential that that country has, so a token like this OWL or any other with maximum advertising, it is possible that it can generate good volume.

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Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

There are so many shitcoins in the market now and some persons are taking the risks of holding large quantities of coins that may not survive the market in a long run. Bitcoin is the major coins that could safe us from the market in a long run so it will be good for us to rely on Bitcoin maybe with large amount of our funds than holding some project tokens that may not have enough liquidity to go far in a long range of time. There are still some project tokens that are good to be hold for just a short while since the market is not that predictable.

Well yes, We have different strategy in keeping our portfolio, We all have different risk appetite and this levels our percentage of altcoins we have. Having majority of your portfolio into altcoin doesn't mean that you are holding a bigger risk against other. I think it's all about the coins we are holding. Like these casino tokens, I'm a bit uncertain to these honestly and I don't plan to hold or acquire one soon.

What happens is that many believe that by having many altcoins in their portfolio they may have a greater chance that at least one will break at some point, and it can be, but it has to be an altcoin that follows the movement at the same time. of BTC, as well as ETH, which to me is the second most important currency after Bitcoin, however we can have tokens and those tokens can result in us having to be vigilant, keep track, when the price of BTC starts to go up, because it is very likely that it will go up in price, so it is not a bad idea, because it comes from a casino, and not from any project that may be developed out there.

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.

This is the same for all the cryptocurrencies. It is possible to invest for a long time, but no one can guarantee that after next dump your tokens will cost anything. Today all markets are red, these tokens are same as the others. When you invest in offline casino - you see the equipment, the building, documents. When you invest in online casino - you just have to believe. It is not good for investing.

You are right, so we cannot forget what happened with Terra, something that nobody expected but that still happened, and this is the danger that lies in these coins, but I come back and I repeat, there are many things to take into consideration, this that a currency goes down and does not recover is because there really is no interest rate, and investors simply take their money from there, now, the case of these tokens is different, personally I trust much more in a project that is backed by a casino that by a normal launch, be it based on ICO or something like that, the only thing is that sometimes these casino projects, their first excahnge are the decentralized ones and I think that takes away a lot of value.

[Wapfika]

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.

This is the same for all the cryptocurrencies. It is possible to invest for a long time, but no one can guarantee that after next dump your tokens will cost anything. Today all markets are red, these tokens are same as the others. When you invest in offline casino - you see the equipment, the building, documents. When you invest in online casino - you just have to believe. It is not good for investing.

Tokens like Owl and BFG has a buy back mechanism to guarantee the value of the token regardless of the bear market because they are using the casino profit to give value to there tokens. This is the difference on project like this with working product that generate profit compared to typical shitcoin that is just pure development and no plans to protect the value of there token.

[suzanne5223]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

Thats true. It's up to us where to invest that we think might be profitable to hold in the future. It's advisable to invest in established coins like Bitcoin, ETH, BNB etc. but if we think investing in casino tokens are also worth to try then why not? We're still in bearish season and majority of coins are declining, hence it's not surprising if casino coins are not performing well during this time. As long as you believe in the coins you hold and can wait longer then it's your choice.

You guys have a point and that's why people are always advised to do their research before making any investment.
As @lienfaye said, investment in well-established coins is the best and I don't think going coins like Shib which are always manipulated by the big player is a wise choice.
The something goes to casino native token, @lienfaye said he won't be surprised if the casino token performs well during this dip. How will it perform? What's its use case and utility?
This is the question people ought to ask themselves before going for any coin base on some certain hype.

[Fatunad]

In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.

Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.

Thats true. It's up to us where to invest that we think might be profitable to hold in the future. It's advisable to invest in established coins like Bitcoin, ETH, BNB etc. but if we think investing in casino tokens are also worth to try then why not? We're still in bearish season and majority of coins are declining, hence it's not surprising if casino coins are not performing well during this time. As long as you believe in the coins you hold and can wait longer then it's your choice.

You guys have a point and that's why people are always advised to do their research before making any investment.
As @lienfaye said, investment in well-established coins is the best and I don't think going coins like Shib which are always manipulated by the big player is a wise choice.
The something goes to casino native token, @lienfaye said he won't be surprised if the casino token performs well during this dip. How will it perform? What's its use case and utility?
This is the question people ought to ask themselves before going for any coin base on some certain hype.

Some people do really love to drive with the hype and there are some people who are really that keen on investing into something which doesnt really have  that much demand or actual utility of the said token
specially if its a casino based token which we know that it is really just good on spending those tokens inside the platform which it would really be that not that good for long term aspect.
If we do speak about current value then it would be understandable that it would go in line with the current existence of the platform which it had been tagged up.
On the time that platform does have some issues then expect that value of token would really go along with it.

[makishart]

Tokens like Owl and BFG has a buy back mechanism to guarantee the value of the token regardless of the bear market because they are using the casino profit to give value to there tokens. This is the difference on project like this with working product that generate profit compared to typical shitcoin that is just pure development and no plans to protect the value of there token.

The buy back mechanism was not so effective if the revenue from the platform was so small. it can't be considered as a thing to guarantee the price to be stable. The value will always be determined by the hype from the token. I do agree those tokens were also giving good dividend but that doesn't mean if their revenue will be steady anytime. You must think about when the platform earn only small revenue from their service. it will not be affecting the price once it being used to buy back the token from the market.

[ethereumhunter]

Some people do really love to drive with the hype and there are some people who are really that keen on investing into something which doesnt really have  that much demand or actual utility of the said token specially if its a casino based token which we know that it is really just good on spending those tokens inside the platform which it would really be that not that good for long term aspect.
If we do speak about current value then it would be understandable that it would go in line with the current existence of the platform which it had been tagged up.
On the time that platform does have some issues then expect that value of token would really go along with it.

Maybe those people are interested in profiting from casino tokens so they are looking for casinos that have their tokens and trying to find out more about the future of those casino tokens. And if they see casino tokens growing in the future because of the utility offered by casinos and casino tokens being able to compete with other tokens on exchanges. In that case, they will be interested in investing in casino tokens. But if they don't look for more information about that casino token and follow what others suggest, it will be like gambling because they are investing in something they don't know.