Investing in Casino tokens such as BFG, OWL or TFS

[ultrloa]

It is important to never ever confuse a token with something even remotely similar to a stock share or any legal instrument conferring property. Tokens are pretty much unregulated and they carry a million pages long disclaimer which can usually be summed up in: you are giving your money but you have not rights, particularly you have no right to complaint no matter what I decide to do.

Many thought especially those newbie who got hype that if they invest on casino token they also get a share on then but actually its all the same with buying other tokens in the market. The only advantage they got is they rely on the fame of that casino, they should also see if there's proper utility created for the token so that they can call it as a good one. Lastly take extra precaution on any action we do since sometimes what we think good turns bad so thinking more deeper before investing on this is really needed to do.

[Hispo]

-snip-

It seems nobody even reads those disclaimers anyways, specially those eager to get huge profits off the fame or reputation of a casino, there is nothing wrong with seeking for profit, of course, most of the people here in this forum are actively or passively trying to get some money, but those kinds of misunderstandings can be dangerous.

Actually, since you just mentioned the lack of regulation; I am not sure how regulators keep an eye on casinos so they carry on their KYC protocols, AML protocols and yet it seems they have no problem when comes to minting what many regulators and prosecutors would consider to be unregistered securities, otherwise casinos would not. I must be missing something here.

[makishart]

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I am also agreeing with that following hype for the trading is not the right strategy for trading. But I see now here lots of video  on youtube about it is specially based on short-term trading . Many times it is possible to gain profit by following the hype. But it often leads to big losses, so I also think it is important to learn market analysis and then trade for professional trading.

When one is able to shoot at the first stage when the hype starts and catch the profit as soon as it starts, they can earn some money from the hype. But those who invest at the wrong time suffer most of the losses . So if you want to invest in the hype, you have to invest in the first stage of the hype, then there will be a chance of making a profit.

We can't deny that even when gambling tokens were always regulardly distributing the dividend to the its holders but it doesn't mean if it can decouple from the crypto market. This is the fact whatever good things that already done as long as the market was still bearish and tokens will be also getting dumped too. This proves that if gambling tokens can't even sustain during the bearish trend.
It's also following the market like another common tokens in the market. This is the rule in the crypto market.

Yes all tokens and coins are maintained in the market along with Bitcoin.  And according to the religion of cryptocurrencies, it is a common phenomenon that their prices will constantly decrease and increase . So it is not unusual for a token to drop in price for a while.  But it is true that if a token loses 99% of its value then that token is declared as a dead token.

I know that but sometime it can make its comeback again. i think that if you are seeing from the overall crypto in the market and even bitcoin has been suffering more than 60% lose from ATH. that proves that if coin that has worst performance will be going down more than what bitcoin does. This is how crypto market works. The pump and dump was a real thing. Sometime it can be pump or dump to the dead. So many crypto was doing good even if it's only survive during the bearish market,.

[EarnOnVictor]

The timing is very important and like what you said, if you can place your position or your investment from the first wave of hype, the amount of potential profits that you can gain is really high. But, if the timing was wrong the chance that you are risking a huge amount of your investment is always there to follow, pump and dump will put you in a risky place so it's really your good knowledge that will save your ass not to lose a lot of money in kind of investment that you are just following the hypes.

You need to keep doing your research and have a big patience not to allow yourself being entice by the developers, which can be a scammer after.

You are wise, we should not be blind holders of any coin or token, while the case of tokens is even worse because many of them are considered irrelevant after a while due to the manner they behave. This is after high promises and hope on how they will behave. I have been the victim of many tokens in the past, but I am now wise especially when the tokens are still new. I give them time to allow proper study and speculation on them, yet most of them always disappoint me, while some will perform beyond expectation, but will later still disappoint.

You have to choose correct project despite fear and frustration in Crypto Market. In this concern require proper project research. Here I heard the name of the BFG project a long time ago. They have been conducting business for a long time with reputation. Another thing is that the gamblers are doing a lot of gamble in every day in this project. As a result, it will be able to increase the confidence of any investors.

Thank you for this advice, but I had tried many of them but a few work. Many would perform for months, but they will later disappoint me. And I understand the fact that good projects and prospects are essential in choosing the token you want to use, nonetheless, they do not work though the token might be active and the project will remain promising but will not quickly get back to your breakeven level after becoming weak.

Lastly, I must say that BFG is a good one truly, I missed its opportunity then but can't buy it again at the present price ($0.015431) until close to Bitcoin halving time.

[Fredomago]

It is important to never ever confuse a token with something even remotely similar to a stock share or any legal instrument conferring property. Tokens are pretty much unregulated and they carry a million pages long disclaimer which can usually be summed up in: you are giving your money but you have not rights, particularly you have no right to complaint no matter what I decide to do.

Many thought especially those newbie who got hype that if they invest on casino token they also get a share on then but actually its all the same with buying other tokens in the market. The only advantage they got is they rely on the fame of that casino, they should also see if there's proper utility created for the token so that they can call it as a good one. Lastly take extra precaution on any action we do since sometimes what we think good turns bad so thinking more deeper before investing on this is really needed to do.

Doing deeper research and how the casino owners will maintain the token, I mean the business is already there and investing for passive investment is not a bad idea, the success of the business will reflect to the value of the token, and with the staking feature it will give the investors small amount of additional tokens from time to time while holding and waiting for big events that may hype the token value and really gives them huge amount of profits.

It's your call when choosing your investment and it will be your good knowledge that will lead you or drive you to the right project to invest your money.

[Daltonik]

It is important to never ever confuse a token with something even remotely similar to a stock share or any legal instrument conferring property. Tokens are pretty much unregulated and they carry a million pages long disclaimer which can usually be summed up in: you are giving your money but you have not rights, particularly you have no right to complaint no matter what I decide to do.

But after all, according to the SEC, many tokens are also shares, or at least have signs of shares, because in the case of tokens, we have essentially companies that have issued them and somehow manage them, somewhere by voting of holders, somewhere just by a team of developers. In both cases, if something happens to the company, then the price of the token will react to it, then the same thing happens in the securities market.
Utility tokens, which are BFG, OWL and TFS, are also similar to company shares, except that they do not provide the owners with an actual share in the company, well, their investment value is proportional to the actual demand for tokens.
But we all know and try to adhere to the rule of investing exactly as much as it is not a pity to lose, therefore it should be done at the early stages of the development of a project.

[RealMalatesta]

The timing is very important and like what you said, if you can place your position or your investment from the first wave of hype, the amount of potential profits that you can gain is really high. But, if the timing was wrong the chance that you are risking a huge amount of your investment is always there to follow, pump and dump will put you in a risky place so it's really your good knowledge that will save your ass not to lose a lot of money in kind of investment that you are just following the hypes.

You need to keep doing your research and have a big patience not to allow yourself being entice by the developers, which can be a scammer after.

You are wise, we should not be blind holders of any coin or token, while the case of tokens is even worse because many of them are considered irrelevant after a while due to the manner they behave. This is after high promises and hope on how they will behave. I have been the victim of many tokens in the past, but I am now wise especially when the tokens are still new. I give them time to allow proper study and speculation on them, yet most of them always disappoint me, while some will perform beyond expectation, but will later still disappoint.

There are too many people who think that it would be wise to invest into something that would bring them a good return but they just fall in love with these projects and end up being unhappy about it. It's clear that we shouldn't be really worried about crypto like it is something we should be fans of, it should be something that works for us, not the other way around.

There are too many projects, including in the casino world, where the investors working for the project to get it bigger, and shill it and raid for it and so forth just to get it higher. I am sorry but if a project expects anything more than my money, then it is not a good project.

[erep]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

[uneng]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

I believe an investor should make his decision based on what features that token offers for holders, instead of expecting to make profit from the token price's fluctuations (trading). If the features are interesting, attractive and the casino is legit, it can be a good alternative to invest your money, but every details must be analyzed closely first, because as we know there are a lot of scam attempts and weak projects on this crypto market which lead investors losing money eventually.

[makishart]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

I believe an investor should make his decision based on what features that token offers for holders, instead of expecting to make profit from the token price's fluctuations (trading). If the features are interesting, attractive and the casino is legit, it can be a good alternative to invest your money, but every details must be analyzed closely first, because as we know there are a lot of scam attempts and weak projects on this crypto market which lead investors losing money eventually.

Features meant nothing for sure. This time i hope that you need to pay attention to the another aspects like result from the development, intention to be listed in biggest exchange site, revenue from platforms, liquidity and many more. Picking the best one is the hardest thing once almost all of these tokens have pretty similar features. There are only a few legits gambling tokens in the market while the rest were just bunch of scam tokens in the market.

[Fredomago]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

I believe an investor should make his decision based on what features that token offers for holders, instead of expecting to make profit from the token price's fluctuations (trading). If the features are interesting, attractive and the casino is legit, it can be a good alternative to invest your money, but every details must be analyzed closely first, because as we know there are a lot of scam attempts and weak projects on this crypto market which lead investors losing money eventually.

Good passive income, if the casino is doing good in developing the project, if the utilities and usages aside from staking any additional usages that will attract more potential investors are good fundamentals in choosing a project to invest your money. There are different investing style from each investor and the more they engage their time and effort to follow the development, the better they can pick if which casino coins are good.

Or they can also pick all and segregate their investment from each coin they just need to allocate it well.

Better understanding and established trust will give them or lead them to succeed while waiting for the project to pump high.

[iv4n]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

Gambling platform token or non gambling token both are not easy to analyses . you must have good knowledge how to analyse and how to know a token can be price profitable . for this you have to do your hard research for long time and make yourself professional . then token analyses will be a easy task for you . then it will doesn’t matter this is gambling or non gambling token

I am not sure what both of you are trying to say, but when you stake casino tokens you get divs, daily payouts in some coins, in some casinos you can stake it for one coin, and in some casinos, you get a portion in several coins. So what you can analyze is ROI, the investment you make (or you will mine your tokens), and how much you will get daily from that investment. In the end, you will return your investment and you will still have your tokens that will bring some passive income or you can sell them.

[uneng]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

I believe an investor should make his decision based on what features that token offers for holders, instead of expecting to make profit from the token price's fluctuations (trading). If the features are interesting, attractive and the casino is legit, it can be a good alternative to invest your money, but every details must be analyzed closely first, because as we know there are a lot of scam attempts and weak projects on this crypto market which lead investors losing money eventually.

Features meant nothing for sure. This time i hope that you need to pay attention to the another aspects like result from the development, intention to be listed in biggest exchange site, revenue from platforms, liquidity and many more. Picking the best one is the hardest thing once almost all of these tokens have pretty similar features. There are only a few legits gambling tokens in the market while the rest were just bunch of scam tokens in the market.

Features are the most important aspect of casinos' tokens. If they provide staking program, extra spins, a share of casino's profit, increased rakeback/cashback, more referral bonus you have to calculate how profitable those features will be for real. In case you conclude it's going to generate some nice income for you compared to the amount of money you have to invest on the native token it must be interesting to try the investment. Consequently, you don't have to worry about profiting through trading, because you will be already profiting just by holding the tokens.

[Get-Paid.com]

Features are the most important aspect of casinos' tokens.

What's more important for you? features or the price itself?

[delfastTions]

Features are the most important aspect of casinos' tokens. If they provide staking program, extra spins, a share of casino's profit, increased rakeback/cashback, more referral bonus you have to calculate how profitable those features will be for real. In case you conclude it's going to generate some nice income for you compared to the amount of money you have to invest on the native token it must be interesting to try the investment. Consequently, you don't have to worry about profiting through trading, because you will be already profiting just by holding the tokens.

This is a very valid argument. However, I think it can be quite difficult to figure out which use cases for tokens will bring the maximum benefit for you. If you participate in different bonus programs, then only in practice you can understand what it gives. Many times I am faced with a situation where you expect one result, I still get less than expected.
 But of course, by trial and error, you can understand which options will be the most attractive for you, even if they do not bring you maximum profit.

[Fredomago]

now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment

Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.

Gambling platform token or non gambling token both are not easy to analyses . you must have good knowledge how to analyse and how to know a token can be price profitable . for this you have to do your hard research for long time and make yourself professional . then token analyses will be a easy task for you . then it will doesn’t matter this is gambling or non gambling token

Extending effort to learn the basic principle of investment always applies to any chosen assets, like what both of you said it needs deeper analysis before you engage yourself and invest your money, there are different concepts and approach but the important thing is you did your own research it will give you deeper knowledge about the coin and how it can bring you decent amount of profits whatever time frame you anticipate the pump.

A good understanding and an established trust will allow you to wait and patiently hold either you choose casino tokens or another alternative assets to invest your money.

[Hispo]

Features are the most important aspect of casinos' tokens.

What's more important for you? features or the price itself?

I would say features are more important, a token with no utility or reason to exist has its price based solely on speculation, which I would guess makes volatility worse.
On other hand, if a casino token has actual use case then people will have legitimate reasons to buy it, hold it or stake it, beyond speculation.

It may not be a completely suitable example, but Monero (as altcoin) as a clear mission and use case: privacy, this being the reason many people buy it and not only for speculation or trading. In the end, if utility is good, the demand will increase and later the price will follow.

[FanEagle]

Features are the most important aspect of casinos' tokens. If they provide staking program, extra spins, a share of casino's profit, increased rakeback/cashback, more referral bonus you have to calculate how profitable those features will be for real. In case you conclude it's going to generate some nice income for you compared to the amount of money you have to invest on the native token it must be interesting to try the investment. Consequently, you don't have to worry about profiting through trading, because you will be already profiting just by holding the tokens.

This is a very valid argument. However, I think it can be quite difficult to figure out which use cases for tokens will bring the maximum benefit for you. If you participate in different bonus programs, then only in practice you can understand what it gives. Many times I am faced with a situation where you expect one result, I still get less than expected.
 But of course, by trial and error, you can understand which options will be the most attractive for you, even if they do not bring you maximum profit.

That means if you are a gambler that gambles a lot, having these tokens and gambling on their casino could mean a lot better results for you. But if you are not a gambler, and all that you are looking for is to buy a token and hold it for as long as possible and make a profit based on that? Then you are going to be quite upset about it for sure.

This is what I am trying to figure out as well, that doesn't mean that I would fix it, because gambler vs not-gambler is something I am in between, I do gamble a bit but is it enough amount that it would justify the investment on these? I am not sure about the calculations on that at all, and that's the risk.

[erep]

That means if you are a gambler that gambles a lot, having these tokens and gambling on their casino could mean a lot better results for you. But if you are not a gambler, and all that you are looking for is to buy a token and hold it for as long as possible and make a profit based on that? Then you are going to be quite upset about it for sure.

This is what I am trying to figure out as well, that doesn't mean that I would fix it, because gambler vs not-gambler is something I am in between, I do gamble a bit but is it enough amount that it would justify the investment on these? I am not sure about the calculations on that at all, and that's the risk.

Every purchase of tokens has a purpose whether for investment or the token is used to bet on gambling, So it is very rare to buy gambling tokens for investment unless he has recognized the roadmap of the gambling project so as to make him sure of high pumps in the future, but nevertheless holding gambling tokens for investment is very risk and make sure you are prepared for a high risk of loss.

[Fatunad]

That means if you are a gambler that gambles a lot, having these tokens and gambling on their casino could mean a lot better results for you. But if you are not a gambler, and all that you are looking for is to buy a token and hold it for as long as possible and make a profit based on that? Then you are going to be quite upset about it for sure.

This is what I am trying to figure out as well, that doesn't mean that I would fix it, because gambler vs not-gambler is something I am in between, I do gamble a bit but is it enough amount that it would justify the investment on these? I am not sure about the calculations on that at all, and that's the risk.

Every purchase of tokens has a purpose whether for investment or the token is used to bet on gambling, So it is very rare to buy gambling tokens for investment unless he has recognized the roadmap of the gambling project so as to make him sure of high pumps in the future, but nevertheless holding gambling tokens for investment is very risk and make sure you are prepared for a high risk of loss.

Im not considering on buying some casino tokens for the sake of make bettings out of it which i would rather prefer on using up Bitcoin directly.For investment purposes then i wouldnt really see this as a smart option.
If you do fully support a specific casino via buying those tokens then it would really be your choice but dont expect much about price movement.This cant really be that too moving or
would really be worth on holding for long term plus when it comes to utility then we do know that this is something not that mind blowing.