Investing in Casino tokens such as BFG, OWL or TFS

[mak013]

The difference is that when you hold bitcoin today, you are sure that years to come, you will wake and still meet your bitcoin in whatever value it might be. But this cannot be said about casino tokens which may not be here by tomorrow. That is the great difference between holding BFG and holding bitcoin.

Correct, but Bitcoin doesn't pay you interest unless if you use a 3rd party and then you rely on that 3rd party, and still the interest won't be high - and here tokens like BFG pay you over 50% annually (as of now) which is quite massive.

Over time it's hard to tell, but if you pull out on time you can make nice gains.

With Bitcoin no one knows if 5-10 years from now it would be worth $20k or $100k, you can bet on it but there are no guarantees it would happen. Look at Litecoin, used to be $250 and more and now it's 5 times less than that.

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

[len01]

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.

yes, it is true. if the gambling token owner always develops his company, the token will also have good value in the future.
as you said if the company always develops its gambling company, it will definitely have a good reputation and be known by many investors who want to trust gambling tokens as a promising future asset.
and i'm sure, one of the gambling tokens mentioned by the OP will someday have a good value in the future

[ethereumhunter]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

[makishart]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

How long? I just learned from the market that if gambling tokens have no good volatility nor volume. That proves that if the price will be so difficult to increase. I rarely seen gambling tokens who got at least a few hundreds percents pump.
The only benefits from owning the tokens were for getting dividend through revenue that regularly generated by the platforms. I don't even see holding this will be very profitable in term of capital gain for long term.
it's caused by the gambling have so many limitations and restrictions unlike common tokens in the market that can be listed in major exchange sites and got big hype from so many whales.

[capedbaldy]

it's caused by the gambling have so many limitations and restrictions unlike common tokens in the market that can be listed in major exchange sites and got big hype from so many whales.

Gambling tokens are very different from other tokens in that they still have low trading volume and are rarely listed on top exchanges, even the majority of gambling tokens are only listed on low volume exchanges and there is no significant increase in price, the solution may be that gambling tokens should collaborate for the NFT concept or metaverse so that gambling tokens get interaction from new investors.

[Fredomago]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

In terms of having additional growth with the token itself yes it can be passive and profitable but in this current situation where crypto investment is unsure this kind of project are also affected, the market is small and the volume is not that appealing, though different investors do have different approaches and they are all have opinions about how they can benefit from the assets that they choose to invest their money.

Long-term or even a short ride can be done just like how an alternative project works. They are also relying on how developers and investors interact with the project.

More supporters will create big communities that reflect on a healthy project, otherwise it will go the other side and might fall a lot. Be wise when choosing your investment.

[Wiwo]

Gambling tokens are very different from other tokens in that they still have low trading volume and are rarely listed on top exchanges, even the majority of gambling tokens are only listed on low volume exchanges and there is no significant increase in price, the solution may be that gambling tokens should collaborate for the NFT concept or metaverse so that gambling tokens get interaction from new investors.

Because of the low volume they become less volatile and can easily increase in value, but then to know how strong their mend are is to expose them to a bigger trading market to see their real performance. I think most of the casino teams that have their token are aware of that and they do whatever they can't to keep their token limited to small exchanges to avoid being killed in the wider crypto trading market since they aim to develop their native tokens that will serve as a utility token and not for pure investment or trading.

[LUCKMCFLY]

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.

^ It seems that you have a point but in my mind still have this question, how do you determine them as a good investment, by a reputable name?
But in a new gambling company that has a token to invest, that is not a good investment at all, it should be already a very popular and reputable name like freebitco.in that investors on token never doubt. However, investing in tokens is very risky, and there is no assurance of having profit.

I think that there already has a lot to do with the way people place their bets in trading, a person who bets on a specific token in a project that is not backed by a casino, they are risking their money, that's something that cannot be doubted, another thing when a person knows that a token is backed by a casino, it is like an additional peace of mind that exists in the investment, because he knows that the casino with a good reputation will not run away or make a scam, it would have to be a very big act of stupidity, and nobody is going to risk killing the goose that lays the golden eggs, I think that rather that is what is being explained.

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

In terms of having additional growth with the token itself yes it can be passive and profitable but in this current situation where crypto investment is unsure this kind of project are also affected, the market is small and the volume is not that appealing, though different investors do have different approaches and they are all have opinions about how they can benefit from the assets that they choose to invest their money.

Long-term or even a short ride can be done just like how an alternative project works. They are also relying on how developers and investors interact with the project.

More supporters will create big communities that reflect on a healthy project, otherwise it will go the other side and might fall a lot. Be wise when choosing your investment.

Of course, since we have knowledge about the volume and some trading, we cannot realize that with little it does not mean much, this means that for many investors it is more attractive to see a lot of volume even if the chart does not have much activity, of course, this is something very subjective, because I know some friends who like to grab some coins with the behavior that the BFG has, now I say something, for it to have more volume it has to be listed in a centralized exchange where the traders know the BFG, many traders They don't get into decentralized exchanges because they don't trust them, so for me what's missing is that.

Gambling tokens are very different from other tokens in that they still have low trading volume and are rarely listed on top exchanges, even the majority of gambling tokens are only listed on low volume exchanges and there is no significant increase in price, the solution may be that gambling tokens should collaborate for the NFT concept or metaverse so that gambling tokens get interaction from new investors.

Because of the low volume they become less volatile and can easily increase in value, but then to know how strong their mend are is to expose them to a bigger trading market to see their real performance. I think most of the casino teams that have their token are aware of that and they do whatever they can't to keep their token limited to small exchanges to avoid being killed in the wider crypto trading market since they aim to develop their native tokens that will serve as a utility token and not for pure investment or trading.

It is like that, it is the same thing that I think, well it is normal, however when you see coins with low volume, traders and investors do not see it as attractive, to generate a much more authentic volume I would bet on making a small internal mini-forum of the casino to generate more community, I would put the same users of the forum to work in mini-Airdrops and thus generate more traffic, from there many things can be generated, go to social networks and generate community, put in context the entire project that they have in Betfury and capat players, investors, all kinds of people available to do a good job and for the casino to grow on all fronts.

[ethereumhunter]

How long? I just learned from the market that if gambling tokens have no good volatility nor volume. That proves that if the price will be so difficult to increase. I rarely seen gambling tokens who got at least a few hundreds percents pump.
The only benefits from owning the tokens were for getting dividend through revenue that regularly generated by the platforms. I don't even see holding this will be very profitable in term of capital gain for long term.
it's caused by the gambling have so many limitations and restrictions unlike common tokens in the market that can be listed in major exchange sites and got big hype from so many whales.

No one knows when the price of gambling tokens could increase and get a pump. But at least those who invest in gambling tokens can expect dividends from investing there. Or if the casino could provide more benefits from holding those gambling tokens, maybe investors would think about it and invest more. And if the gambling tokens can make it to the list of major exchange sites, I think it will bring attention to the traders out there so there is still a possibility that the gambling tokens could increase in the future.

In terms of having additional growth with the token itself yes it can be passive and profitable but in this current situation where crypto investment is unsure this kind of project are also affected, the market is small and the volume is not that appealing, though different investors do have different approaches and they are all have opinions about how they can benefit from the assets that they choose to invest their money.

Long-term or even a short ride can be done just like how an alternative project works. They are also relying on how developers and investors interact with the project.

More supporters will create big communities that reflect on a healthy project, otherwise it will go the other side and might fall a lot. Be wise when choosing your investment.

Therefore, if you decide to invest in gambling tokens, you should be very careful in choosing the tokens and not just follow what others suggest. In addition, you also have to manage the amount of money you use to anticipate bad things that might happen in the future.

It will indeed be a long journey for a gambling token because many of those tokens have not been able to develop better and are still waiting for the right time to attract more investors. It becomes a challenge for the team from the casino to try to convince the investors to join and invest in the gambling tokens.

And if the team can prove that their gambling tokens are worth investing in, the investors will come on their own and start investing.

[delfastTions]

.

And if the team can prove that their gambling tokens are worth investing in, the investors will come on their own and start investing.

To be honest, I don’t really imagine who an investor in gambling site tokens is.  Apparently, these investments cannot be too large, because such an investment is super risky.  And serious large investors who invest tens and hundreds of thousands of dollars are well able to calculate risks and profits.  Therefore, such investors can only be small investors, investing a maximum of 1-2 thousand dollars.  But it can't even be called an investment. 
This is just a small private contribution.

[BobK71]

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And if the team can prove that their gambling tokens are worth investing in, the investors will come on their own and start investing.

To be honest, I don’t really imagine who an investor in gambling site tokens is.  Apparently, these investments cannot be too large, because such an investment is super risky.  And serious large investors who invest tens and hundreds of thousands of dollars are well able to calculate risks and profits.  Therefore, such investors can only be small investors, investing a maximum of 1-2 thousand dollars.  But it can't even be called an investment. 
This is just a small private contribution.

The token value of casino games is generally stable or down trend. Its price tends to fall in bearish markets but does not rise much in bullish markets. As a result, those who are large investors are not very interested in investing large amounts in these tokens. However, the demand  for tokens from casinos that are well established. The big investments are expected in these tokens in the next few years. The token price of well-established casinos will be increased.

[mak013]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

Yes, we can get some additional benefits from holding tokens and increase our profit. But the price of tokens during this time may fall so much that we will lose money. I was in several such projects, never made a profit when I decided to hold tokens. Even looking at these 3 projects, only one of them has a higher price than it was at the start.

[ThemePen]

BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.

I have seen this. And I think this is a good opportunity to invest. But the BFG token price is not in control. It is going down and down.

I invested when the value were 0.03. but now it is moving arroun 0.015. means 50% down.

If the value will be controlled. This investment is preferable.

[Peanutswar]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

Yes, we can get some additional benefits from holding tokens and increase our profit. But the price of tokens during this time may fall so much that we will lose money. I was in several such projects, never made a profit when I decided to hold tokens. Even looking at these 3 projects, only one of them has a higher price than it was at the start.

Thats why there's a reason why gambling casino offering their own coin at the same time because of the benefits that the user can get by holding in the long term if they really trust the platform of course there's a utility to make sure the players will really hold those coins still it is good if there's a market circulation with the coin they are offering and backup incase some people make a dump with their coins to prevent players getting fomo. Currently I'm holding some of them at the same time BTC hoping it will not makes a ride with the market volatility and bitcoin dominance.

[dezoel]

There are Bitcoin holders who are holding Bitcoin for years with tons of patience. How is it different than holding BFG for example that pays you interest as well?

The difference is that when you hold bitcoin today, you are sure that years to come, you will wake and still meet your bitcoin in whatever value it might be. But this cannot be said about casino tokens which may not be here by tomorrow. That is the great difference between holding BFG and holding bitcoin.

No one knows what can happen in the future. Btc have gone a long way already but we don't know if the same thing can happen again or not. I am not discouraging the btc users here but better if we are aware of every possibilities. If you sleep for a long years and then wake up to see your btc.

Your btc might still be there but the question is if it's still valuable? We don't know, what if it gets delisted someday because some new super currencies are taking over. The same thing can be applied to those casino tokens. Taking a proper care with our keys should also be practiced if we are investing for a long year so that we are sure that we can still open our wallets.

[CuriousGeorge]

There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.

Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.

Yes, we can get some additional benefits from holding tokens and increase our profit. But the price of tokens during this time may fall so much that we will lose money. I was in several such projects, never made a profit when I decided to hold tokens. Even looking at these 3 projects, only one of them has a higher price than it was at the start.

You can imagine this. You get A few dollars worth of dividends but you are loosing hundreds dollars from your capital that being used to invest in gambling token and then without capital gain any token will always become a horrible choice.
Token being create as a way for people to invest in the gambling platforms too.

[Lanatsa]

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.

Patient and holding always never be profitable . Because if we make a wrong decision without understanding and wait by investing in a scam token then it will not be good for us rather we will lose all our money. So we always need a proper analysis and proper decision to invest .

There are Bitcoin holders who are holding Bitcoin for years with tons of patience. How is it different than holding BFG for example that pays you interest as well?

All crypto trading and holding is risky including bitcoin . but if you can take entry in good time and sell when you get some profit it will be better then holding . holding can give you a big opportunity to get rich but it will not all the time. many time it is depend in your trading skill and many time it is depend in luck .

Everything always accompanied by luck because no matter what analysis and indicators you would be using but if the demand is absent then you would definitely not seeing any results of your investment.

Its really hard to make out investment decisions which is really very that normal but you wont really be able to gain nothing if you wont really be making such actions.Speaking about investing on casino tokens
then it would be definitely be depending on you.
Some do make out consideration and seeing their potential but most of the time they arent really worth on putting up money on them.

[erep]

You can imagine this. You get A few dollars worth of dividends but you are loosing hundreds dollars from your capital that being used to invest in gambling token and then without capital gain any token will always become a horrible choice.
Token being create as a way for people to invest in the gambling platforms too.

If for the purpose of getting dividends then you have to consider the risk of holding gambling tokens because they are not stable tokens and gambling tokens are very low in volume so they can crash at any time, so hunting for profits from dividends is not effective compared to the impact of losses and is better for short term trading despite getting low profits.

[iv4n]

You can imagine this. You get A few dollars worth of dividends but you are loosing hundreds dollars from your capital that being used to invest in gambling token and then without capital gain any token will always become a horrible choice.
Token being create as a way for people to invest in the gambling platforms too.

If for the purpose of getting dividends then you have to consider the risk of holding gambling tokens because they are not stable tokens and gambling tokens are very low in volume so they can crash at any time, so hunting for profits from dividends is not effective compared to the impact of losses and is better for short term trading despite getting low profits.

Curious George you are losing because it's not your night, it's gambling! In some casinos, you can "lose" the same amount and get nothing in return, with dividend-based casinos you will get at least something! I guess that you will think that you could wager more with that amount, you would have more tokens and your daily payouts would be higher, only if you played a bit smarter! Been there, done that! But the reality is if you have enough tokens for staking you can have some nice daily income, and that lasts for a while. Dividend-based casinos are practically new, with just a year or two behind, but some of them are still here and I think they will stay around.

[ShowOff]

If for the purpose of getting dividends then you have to consider the risk of holding gambling tokens because they are not stable tokens and gambling tokens are very low in volume so they can crash at any time, so hunting for profits from dividends is not effective compared to the impact of losses and is better for short term trading despite getting low profits.

You will at least get more tokens with dividends instead of risking them to gamble. But if you are not a gambler but choose this way to make a profit, then of course you should consider price volatility in the long term. I don't know what the trading volume of these tokens is, but of course for a certain period of time they also have the opportunity to make a profit.

I haven't thought about going through with it and choosing one, but someone else may have considered it. After all, investing is an option and you shouldn't feel compelled to do it especially if it's not very convincing.