chrisculanag
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 07:51:15 PM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
In a bear market where it is becoming difficult for solid top coins to survive, it is conceivable that such tokens will continue to be dumped. Gambling tokens have yet to make the impact in the market that big investors would be interested in investing in. These tokens cannot make any impact until they are listed on the big exchanges. And on the other hand, the big exchanges will not be too keen to list these tokens as gambling is involved. While big centralized exchanges will likely not give support to these tokens, still I believe that liquidity could be found within smaller exchanges and on Defi services. The key for these tokens to survive the bear market is their respective casinos not to give up on them and continue to support them through the low prices, there will be people gambling during both bear and bull markets, so it is within the objectives of those casinos to give enough reasons to their gamblers to buy tokens. Also, Exchanges like Binance have given support and listed tokens of dubious reputation in the past, if a famous/big enough casino decided to do business with Binance, they could manage to get their token listed. But sometimes there are possibilities that traders manipulated the prices of the token. I think this is not time to put this kind of token in many exchanges like some other said the more the changes the more dumpsters coming but if its happen , the only best that can do is staking and wait the bull run comes. Many casino's token are useful like Bfg and this is a one reason that why still in good condition. But we don't know after listed in many exchanges. Binance is very open about that and i Bfg also good website too.The only thing that we do is support the token that we want to gain more profit but dont forget staking for more bagging.
|
|
|
|
ScamViruS
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 08:37:08 PM |
|
While big centralized exchanges will likely not give support to these tokens, still I believe that liquidity could be found within smaller exchanges and on Defi services. The key for these tokens to survive the bear market is their respective casinos not to give up on them and continue to support them through the low prices, there will be people gambling during both bear and bull markets, so it is within the objectives of those casinos to give enough reasons to their gamblers to buy tokens.
Also, Exchanges like Binance have given support and listed tokens of dubious reputation in the past, if a famous/big enough casino decided to do business with Binance, they could manage to get their token listed.
To take these tokens to the big stage, there is no other option but development. Listing on low volume exchanges will not benefit you but may create a worse reputation due to manipulators. Therefore, these projects should be regularly developed and take the project to such a level that it catches the attention of big investors. When big investors get involved by investing in a project, many difficult roads will become easier. And there are many reputable casinos in the market so if they force their customers to buy tokens then that will not bring good results either. Development and proper marketing are very important to build a strong position in the market, and no matter how hard they try, it will be difficult to stop the dumping of these tokens.
|
|
|
|
danadc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 09:26:10 PM |
|
........
Though for those long-term followers who invested with casino, tokens are still believing that in time they will harvest a decent amount of profits.
No timeframe but just staying on-hold and keep collecting the staking rewards while waiting for the actual value to increase.
Here, a lot depends on the general state and prospects for the development of the entire cryptocurrency market. Of course, if BTC ever returns to the peak rate of $69K, then the rates of all tokens will certainly rise, and then such an investment can be considered successful. Of course, there are difficulties in that the tokens can increase in price less than the growth of the bitcoin rate. But all the same, there will be an increase in rates and investment can be considered successful. But, of course, if the casino itself does not become bankrupt. However, if there is an increase in the rates of cryptocurrencies, the likelihood of such bankruptcies is reduced. Can be considered successful if the project still exist when the bull start to pump high, and basing from the past events those casino coins are still surviving and investors who bought during this bearish condition will expect decent profits once the market start to pump back, it's really a hard task since fears can't be remove each time we seen downfall. But for those who trusted and believing with those casino assets, they will just keep holding and wait till they reached the target selling point. That reminds me of a project I was in and what you are saying happened by chance, the project began at a time when bitcoin was only worth about 6000-7000USD and the project had its currency very cheap and they gave some airdrops of great intensity, some came to have up to 2000 dollars in each Airdrop. That was something incredible, unfortunately I came in late, but that was not all, it was when bitcoin reached 20 thousand dollars and the currency that at that time was less than 1 dollar arrived at 20 dollars, there were new millionaires, but the bad thing was that they didn't put the currency in a good exchange and they killed the project because everyone was disappointed and gave it a big dump.
|
|
|
|
Baofeng
Legendary
Offline
Activity: 2716
Merit: 1674
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 09:44:31 PM |
|
........
Though for those long-term followers who invested with casino, tokens are still believing that in time they will harvest a decent amount of profits.
No timeframe but just staying on-hold and keep collecting the staking rewards while waiting for the actual value to increase.
Here, a lot depends on the general state and prospects for the development of the entire cryptocurrency market. Of course, if BTC ever returns to the peak rate of $69K, then the rates of all tokens will certainly rise, and then such an investment can be considered successful. Of course, there are difficulties in that the tokens can increase in price less than the growth of the bitcoin rate. But all the same, there will be an increase in rates and investment can be considered successful. But, of course, if the casino itself does not become bankrupt. However, if there is an increase in the rates of cryptocurrencies, the likelihood of such bankruptcies is reduced. Can be considered successful if the project still exist when the bull start to pump high, and basing from the past events those casino coins are still surviving and investors who bought during this bearish condition will expect decent profits once the market start to pump back, it's really a hard task since fears can't be remove each time we seen downfall. But for those who trusted and believing with those casino assets, they will just keep holding and wait till they reached the target selling point. That reminds me of a project I was in and what you are saying happened by chance, the project began at a time when bitcoin was only worth about 6000-7000USD and the project had its currency very cheap and they gave some airdrops of great intensity, some came to have up to 2000 dollars in each Airdrop. That was something incredible, unfortunately I came in late, but that was not all, it was when bitcoin reached 20 thousand dollars and the currency that at that time was less than 1 dollar arrived at 20 dollars, there were new millionaires, but the bad thing was that they didn't put the currency in a good exchange and they killed the project because everyone was disappointed and gave it a big dump. Yeah, I think this is what killed most of the big gambling projects around that era and I would say I invest on some of them but I was able to get out and sold everything on time before fall. I can't remember what exchange it though because it was like 2018, but I'm sure it's not Binance or any other top exchanges right now. And I agree that majority of them turn out to be just pure pump and dump, and I will say that others might turn out to be scam or their is no improvement on the project itself.
|
| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
|
|
|
babygun
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 11:34:19 PM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens.
|
|
|
|
chrisculanag
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2022, 11:58:29 PM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens. That's because of bear market many gambling token is dropping. The only thing that can do is to hold our assets and wait for the bullish. Risk is everywhere and if we want to gain profit we need to take a risk but this time we just limit our investment. Me also invest minimal of my capital to avoid big losses.
|
|
|
|
ethereumhunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 12:35:33 AM |
|
It will depend on how well the casino performs because if the casino can't show what has been achieved and the next plan after getting it, maybe the token will not be able to stay in the market (if the token can enter the market list). If you already own or become a large holder of the token, you should still focus on increasing the number of tokens, especially if the token has the opportunity to grow in the future. That will give you an advantage and a good return on those casino tokens.
Technically casinos wouldn't going bankrupt since the house always win due to house edge, so investing on casino tokens seems to be a good idea. But don't forget hack and exploit are inevitable, just like how centralized exchanges can collapse. To be honest, casino tokens are shitcoins and pointless due to no use cases on the real life except for gamblers who play on that's casino. I wouldn't buy and hold casino token for a long time, I'm just looking for the free token and sell it in the next few months. It's a good idea if you have the money to start investing and know how to choose a good casino token. I'm sure casinos will try to protect against hacks and exploits by others in various ways. If the casino tokens can indeed increase high in the next few months, that will be profitable for us. But unfortunately, in the current market situation, investors inevitably have to hold on to their casino tokens longer because the price has not been able to go up high. But luckily, casinos offer investors to stake their casino tokens so that it can provide other benefits for investors.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2534
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 01:04:19 AM |
|
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 . it's hard to believe if the golden days will come for the gambling token. I do know if patience was the key but seeing from the history of gambling tokens and these kind of tokens have less hype compared with common tokens in the market like protocol, smartcontract, game and many more. This can be seen from how so many tokens that based in another field can be pumped so hard while gambling tokens are still steady with its price. The stability would be good if there are lots of volume but most of these tokens have less than 100k daily trade volume which is disappointed for some believers to be patience waiting for the token to go up Maybe at your end you see it that way and there's logic behind while for those who invested their money with this type of project they are willing to take the risk and wait, the feature of staking your coin and receive rewards gives them reason to keep waiting and enjoy some growth with their initial investment, there's still hope that the coin will pump as the business still moving forward. Though the fate of these assets is unknown, same with other alternative project, investors need to go deeper to understand and learn more about progress and future success of their hold tokens. Well here is something that we should all know, those people who entered these casinos and decided to make a good investment in these coins or tokens, should keep in mind that an investment takes time, and an investment is not an investment until benefits are obtained. . , and for this you must wait as long as necessary, of course this depends on the type of financial education that the person has, if a person decides to put their money there in a token, I knew that it would most likely drop in value, and that obviously when the price rises it would be very large, this taking into account the behavior of the tokens if they rise by 2x, 3x or similar, which is what everyone expects. OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens. Well I have a very different perception or rather a little different from the others, for me the Bitcoin market is the market that dominates everything, and for now it could be said that it is in a range that tends to fall, but not that it is bearish as many say, for me it is in a re-accumulation zone, which of course remains almost at a "lateral" price level and each small movement between $19k-$19.8k can cause many tokens to go down , like some crypto, so this is something that should not take us by surprise, those who decide to put their money in one of these currencies or toekns have to be aware that it can easily go up or down a lot, so that is why they are told investment, because you must wait as long as necessary to take benefits.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
strunberg
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 02:27:47 AM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
In a bear market where it is becoming difficult for solid top coins to survive, it is conceivable that such tokens will continue to be dumped. Gambling tokens have yet to make the impact in the market that big investors would be interested in investing in. These tokens cannot make any impact until they are listed on the big exchanges. And on the other hand, the big exchanges will not be too keen to list these tokens as gambling is involved. gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | │ | .Crypto Exchange. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
makishart
Legendary
Offline
Activity: 3122
Merit: 1029
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 03:54:19 AM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens. I would like to say if gambling token is quite profitable but once it comes to the bearish trend and there's no thing that becomes profitable in the crypto except shorting the market. The drop was a common thing during the bearish market but the problem is how difficult to get the volume. Let's say that if the platforms have bunch of users but that's not even affecting the daily volume trade from the token. The tokens hodlers are sometimes feeling so difficult to liquid their assets to the market due to the liquidity problem. Investing small amounts of money is not giving you a huge risk caused by you lose a few percents from your money.
|
|
|
|
iv4n
Legendary
Offline
Activity: 3262
Merit: 1180
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 11:27:15 AM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
In a bear market where it is becoming difficult for solid top coins to survive, it is conceivable that such tokens will continue to be dumped. Gambling tokens have yet to make the impact in the market that big investors would be interested in investing in. These tokens cannot make any impact until they are listed on the big exchanges. And on the other hand, the big exchanges will not be too keen to list these tokens as gambling is involved. gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend. If you hold and stake some casino tokens you get daily payouts. If the price of a token fell down pretty hard it can be interesting for purchasing, more staked tokens = higher payouts! As I said before, investing in casino tokens will get you some amount of tokens, but with the same amount of money, you can try to wager in the casino and "earn" a lot more tokens. Of course, always have in mind it's gambling, you can also get busted if you are unlucky or you don't know how to wager not to chase for profit!
|
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2534
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 03:02:05 PM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens. I would like to say if gambling token is quite profitable but once it comes to the bearish trend and there's no thing that becomes profitable in the crypto except shorting the market. The drop was a common thing during the bearish market but the problem is how difficult to get the volume. Let's say that if the platforms have bunch of users but that's not even affecting the daily volume trade from the token. The tokens hodlers are sometimes feeling so difficult to liquid their assets to the market due to the liquidity problem. Investing small amounts of money is not giving you a huge risk caused by you lose a few percents from your money. I think to be very honest, if you are looking for profitability here or in any other token, there will not be, unless Bitcoin becomes bullish, which is what everyone wants, but it is not known when it will happen, and the truth will happen, there is no doubt about that, for now it is best to see these toeknms as an investment, but Investment in the full version of his word, which means that he has to wait as long as necessary to take profits, and if the token goes down and you have the opportunity to continue buying cheaper, then you have to do it, this in the event that you decide to invest in a token, and I think that could be the thought of an investor, of course it should always be done monitoring is law.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
bittraffic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 04:45:24 PM |
|
And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless I somewhat agree with you that gambling site tokens are not very profitable because they are not traded as much as others. These are mostly used to get a staking reward or to play casino games . Because of this, gambling site tokens are not very popular with potential traders. So their prices do not go up and down too much It's true. I'm a casino token investor myself and the token had been distributed since 2019 but the price still didn't even touch $0.5 I rarely see the volume go more than $50. I don't see any demand despite the marketing done for it. The benefit though is good, claiming revenue every day and betting the tokens sometimes makes me lucky. REceiving revenue from the casino is like stacking sats everyday.
|
|
|
|
ScamViruS
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2022, 08:20:23 PM |
|
gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend.
When you think these tokens are not an investment then why would gamblers go to buy these tokens? It is important to establish what benefits gamblers will get by just using these tokens within the gambling platform. No token demand is created overnight, it requires proper development and facilities for gamblers. At least I will not be interested in buying and using that token on any gambling platform when a token continues to be dumping. It is very difficult to achieve success until the right demand is created in the market.
|
|
|
|
Fredomago
Legendary
Offline
Activity: 3094
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 04:36:02 AM |
|
And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless I somewhat agree with you that gambling site tokens are not very profitable because they are not traded as much as others. These are mostly used to get a staking reward or to play casino games . Because of this, gambling site tokens are not very popular with potential traders. So their prices do not go up and down too much It's true. I'm a casino token investor myself and the token had been distributed since 2019 but the price still didn't even touch $0.5 I rarely see the volume go more than $50. I don't see any demand despite the marketing done for it. The benefit though is good, claiming revenue every day and betting the tokens sometimes makes me lucky. REceiving revenue from the casino is like stacking sats everyday. If luck permits then it's a good way of collecting profits, but if not the only thing that matter is on how you understand the concept of those assets, if you think that you are not generating acceptable profits it's better to move forward and look other alternative options, there are many coins that you can use for your investment and same with casino tokens you can expect movements when there are volumes that traders are willing to work on. But if there's none, the value will continue to stay low. Take time and analyze any possibilities. If you are good at waiting game, then it's till possible for you continue holding.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
makishart
Legendary
Offline
Activity: 3122
Merit: 1029
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 05:34:29 AM |
|
OWL prices have continued to fall to this day since the thread was created by the OP, no crypto or any token has survived the ferocious bear market, tokens from gambling sites are not profitable in my opinion, because there are some gambling sites that eventually abandon their tokens and become worthless
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens. I would like to say if gambling token is quite profitable but once it comes to the bearish trend and there's no thing that becomes profitable in the crypto except shorting the market. The drop was a common thing during the bearish market but the problem is how difficult to get the volume. Let's say that if the platforms have bunch of users but that's not even affecting the daily volume trade from the token. The tokens hodlers are sometimes feeling so difficult to liquid their assets to the market due to the liquidity problem. Investing small amounts of money is not giving you a huge risk caused by you lose a few percents from your money. I think to be very honest, if you are looking for profitability here or in any other token, there will not be, unless Bitcoin becomes bullish, which is what everyone wants, but it is not known when it will happen, and the truth will happen, there is no doubt about that, for now it is best to see these toeknms as an investment, but Investment in the full version of his word, which means that he has to wait as long as necessary to take profits, and if the token goes down and you have the opportunity to continue buying cheaper, then you have to do it, this in the event that you decide to invest in a token, and I think that could be the thought of an investor, of course it should always be done monitoring is law. It's not the best thing to see these tokens as investments. There was also a chance for the price of token go to even cheaper and it will not go up again. I just doubt if the price of gambling token can go up even higher caused by even during the bullish trend the price is quite stagnant. I just don't wanna waste more money to buy a token that will be so hard to go up. It seems like that gambling tokens needs more than a working platform to push the price to go up. It's not likely the gambling token will be going up during the bullish market if that's ever come.
|
|
|
|
ethereumhunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 06:56:02 AM |
|
gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend.
When you think these tokens are not an investment then why would gamblers go to buy these tokens? It is important to establish what benefits gamblers will get by just using these tokens within the gambling platform. No token demand is created overnight, it requires proper development and facilities for gamblers. At least I will not be interested in buying and using that token on any gambling platform when a token continues to be dumping. It is very difficult to achieve success until the right demand is created in the market. Yes, those who buy the token will think of using it as their investment in the future. But we must be careful to choose it as an investment because there is no guarantee that the coin token can increase. But I think casinos that have launched their casino tokens will provide full support for their tokens while continuing to strive to develop them into something useful for their members and investors. What is important about the casino token is that if it can provide benefits to the holder, many people will buy it and hold it or even stake it to receive other rewards.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
FanEagle
Legendary
Offline
Activity: 2982
Merit: 1129
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 03:55:32 PM |
|
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens.
I would like to say if gambling token is quite profitable but once it comes to the bearish trend and there's no thing that becomes profitable in the crypto except shorting the market. The drop was a common thing during the bearish market but the problem is how difficult to get the volume. Let's say that if the platforms have bunch of users but that's not even affecting the daily volume trade from the token. The tokens hodlers are sometimes feeling so difficult to liquid their assets to the market due to the liquidity problem. Investing small amounts of money is not giving you a huge risk caused by you lose a few percents from your money. I think userbase matters here more than it matters anywhere else. Because, these are casino tokens and if there are a lot of people that matters. Normally in other tokens if there are 1 million people with 1 dollar investments or 1 people with 1 million dollars, it's basically the same. But here, if you have a lot of people that means great things and that is why it matters, those are potential gamblers as well and the more there are gamblers the more money the investors would make. I personally love the idea of a casino token with a HUUUUGE base, and there are not that many right now, but there are quite a lot of them with potential, so it will become great eventually.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
danadc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 06:30:00 PM |
|
I wouldn't say gambling sites token are not profitable. There are only a couple of gambling sites that have tokens that can be exchanged but in this bear market it is normal that their prices drop (everything is dropping). There is always a risk involved also, but I would invest a small % of my portfolio in gambling tokens.
I would like to say if gambling token is quite profitable but once it comes to the bearish trend and there's no thing that becomes profitable in the crypto except shorting the market. The drop was a common thing during the bearish market but the problem is how difficult to get the volume. Let's say that if the platforms have bunch of users but that's not even affecting the daily volume trade from the token. The tokens hodlers are sometimes feeling so difficult to liquid their assets to the market due to the liquidity problem. Investing small amounts of money is not giving you a huge risk caused by you lose a few percents from your money. I think userbase matters here more than it matters anywhere else. Because, these are casino tokens and if there are a lot of people that matters. Normally in other tokens if there are 1 million people with 1 dollar investments or 1 people with 1 million dollars, it's basically the same. But here, if you have a lot of people that means great things and that is why it matters, those are potential gamblers as well and the more there are gamblers the more money the investors would make. I personally love the idea of a casino token with a HUUUUGE base, and there are not that many right now, but there are quite a lot of them with potential, so it will become great eventually. What I see is that when investments are made in a type of token, what we expect is that if they are at 0.1USD or there, that when bitcoin rises, these tokens reach 1 dollar, and then sell, most of them people are looking for this type of business, and that is not bad, each person is looking for a way to play, trade to earn more and more money, this is something that cannot be denied, also if there are facilities like that it is something worthy and respectable, I know many friends who have invested like this and have gotten off very well, now they have houses and cars due to the good luck they had at that time.
|
|
|
|
ScamViruS
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 15, 2022, 06:48:51 PM |
|
Yes, those who buy the token will think of using it as their investment in the future. But we must be careful to choose it as an investment because there is no guarantee that the coin token can increase. But I think casinos that have launched their casino tokens will provide full support for their tokens while continuing to strive to develop them into something useful for their members and investors. What is important about the casino token is that if it can provide benefits to the holder, many people will buy it and hold it or even stake it to receive other rewards.
Investors are always looking for good opportunities, so a casino can assure investors that they can offer the best and develop according to market demand. Only then it is possible to attract big investors. But as easy as it is to say, it's harder to actually do it. Because there is a lot of competition in the market and there are many issues to be resolved to get listed on the big exchanges. There is no substitute for being listed on big exchanges to build a strong position.
|
|
|
|
|