Investing in Casino tokens such as BFG, OWL or TFS

[ethereumhunter]

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.

Yes, that's correct. While casinos can explain in detail what they can provide investors, that doesn't guarantee investors will invest directly in the casino tokens. Maybe investors will think about it first while looking for other information. If investors find something that can support the casino token, they will invest immediately and provide full support for the casino.

Maybe as you said, the next problem is to think about how to face competition in the market because by listing it on the market, the casino token must be ready to compete with other coins or tokens. It's just a matter of time before that casino token gains a place in the market and if indeed the casino token is worth it, the casino token can compete with the others.

[mdzahed134]

Personally, i never invest good amount of money in the Casino tokens, most of the time those tokens aren’t enough profitable. I'm invested on BFG at the early stage though i got profit a little bit, but mostly casino tokens are huge dumped because of crypto market is bearish, moreover i don’t think casino tokens will be profitable in the bull market instead of new or old top ranking and NFT based projects.

[cabron]

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.

Yes, that's correct. While casinos can explain in detail what they can provide investors, that doesn't guarantee investors will invest directly in the casino tokens. Maybe investors will think about it first while looking for other information. If investors find something that can support the casino token, they will invest immediately and provide full support for the casino.

Maybe as you said, the next problem is to think about how to face competition in the market because by listing it on the market, the casino token must be ready to compete with other coins or tokens. It's just a matter of time before that casino token gains a place in the market and if indeed the casino token is worth it, the casino token can compete with the others.

The casino token has limited use case if any since I can only see its for staking and getting revenue from the casino's profit. Nothing else was said for its use case though it can be used to bet on the casino. With that, the supply can really reduced until the casino owns them all.

But like any other coin in the bear market, all will be dumped. No casino token has become very popular in the forum but that BFG but even this also has limited use case which will have no demand for investors.

[ScamViruS]

The casino token has limited use case if any since I can only see its for staking and getting revenue from the casino's profit. Nothing else was said for its use case though it can be used to bet on the casino. With that, the supply can really reduced until the casino owns them all.

With limited use, no token can do anything big in the market. Trying to attract investors with staking is a very poor effort. No investor will invest real money in a dumping token just to get a fixed % interest. So in order to create real demand, every project should create the maximum ecosystem for the use of that token on gambling websites.

[capedbaldy]

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

We should avoid investing in centralized tokens because there is no guarantee that the tokens will survive in a bear market, even the top 10 coins even experience a decline and there is no guarantee that they will rise once the market price recovers. Moreover, casino tokens that have a lower investment interest than other tokens will be very vulnerable to investment.

[ethereumhunter]

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.

Yes, that's correct. While casinos can explain in detail what they can provide investors, that doesn't guarantee investors will invest directly in the casino tokens. Maybe investors will think about it first while looking for other information. If investors find something that can support the casino token, they will invest immediately and provide full support for the casino.

Maybe as you said, the next problem is to think about how to face competition in the market because by listing it on the market, the casino token must be ready to compete with other coins or tokens. It's just a matter of time before that casino token gains a place in the market and if indeed the casino token is worth it, the casino token can compete with the others.

The casino token has limited use case if any since I can only see its for staking and getting revenue from the casino's profit. Nothing else was said for its use case though it can be used to bet on the casino. With that, the supply can really reduced until the casino owns them all.

But like any other coin in the bear market, all will be dumped. No casino token has become very popular in the forum but that BFG but even this also has limited use case which will have no demand for investors.

Maybe we haven't seen much of the use of casino tokens, so it hasn't caught the interest of big-time investors. This is where the real challenge of the casino is to develop its token so that it can provide more benefits for its users and it is only a matter of time. And in this bear market, where almost all tokens are experiencing a decline, casino tokens are also experiencing the same thing. Hence, it is not surprising that casino tokens are struggling to increase.

But if the bull market returns and almost all coins and tokens increase, the casino tokens may also increase. And it's also possible that more investors will join, especially if they are the potential profit from this casino token.

[X-ray]

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

That's pretty much similar but the thing that makes it different is if gaming tokens have more utilities compared with the gambling tokens. Gaming token can be used to buy NFT that will give us daily profit if we are playing the game unlike gambling tokens that can be used to receive dividend only. These tokens are all depend with the hype in the market. As long as there will always be the hype and it will exist. Some gaming tokens have no users at all but they have price. Basically these are speculators who are still buying and holding tokens pretty much the same like gambling tokens which have been using by the people and speculators that's speculated the price of token for the future

[BobK71]

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

That's pretty much similar but the thing that makes it different is if gaming tokens have more utilities compared with the gambling tokens. Gaming token can be used to buy NFT that will give us daily profit if we are playing the game unlike gambling tokens that can be used to receive dividend only. These tokens are all depend with the hype in the market. As long as there will always be the hype and it will exist. Some gaming tokens have no users at all but they have price. Basically these are speculators who are still buying and holding tokens pretty much the same like gambling tokens which have been using by the people and speculators that's speculated the price of token for the future

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high. They are mainly developing game and always try to adopt new technology and in these game have NFT facilities by which those token get high demand for the gamer. There are vast differences between a normal gambling token and the gaming tokens. So a holders need to know the clarification between the two tokens before investing.

[Fredomago]

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

That's pretty much similar but the thing that makes it different is if gaming tokens have more utilities compared with the gambling tokens. Gaming token can be used to buy NFT that will give us daily profit if we are playing the game unlike gambling tokens that can be used to receive dividend only. These tokens are all depend with the hype in the market. As long as there will always be the hype and it will exist. Some gaming tokens have no users at all but they have price. Basically these are speculators who are still buying and holding tokens pretty much the same like gambling tokens which have been using by the people and speculators that's speculated the price of token for the future

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high. They are mainly developing game and always try to adopt new technology and in these game have NFT facilities by which those token get high demand for the gamer. There are vast differences between a normal gambling token and the gaming tokens. So a holders need to know the clarification between the two tokens before investing.

It is important to understand the very concept of any possible investment that you are trying to participate or support, though by experienced investors are really taking time to analyze and understand if there's really potential that you can gain once you place your money in the project you choose for investment, either gambling tokens or gaming projects as long as you know what you are following and you have that understanding to believe that it will bring decent,

You can proceed and take your chances. We never know which asset will pump or maybe everything will once the crypto industry regains strength and bull run creates new ATH.

[LUCKMCFLY]

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

Yes, everything also depends on the performance of the market in general, especially bitcoin, we know by pure inspection that the King of this is Bitcoin and it is the one that sets the direction of the market, what we can expect is that Bitcoin begins its trend bullish, which is quite difficult to determine, there are many factors to take into account, a living hope is what we currently have with this December, usually in Decembers the expectation grows for the market to grow in price, however not It is nothing certain, but let's see the scenario in 2018-2019, which in those Decembers the best was expected and nothing, but if this year Bitconi rises I am sure that these tokens will take a good bullish turn.

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

That's pretty much similar but the thing that makes it different is if gaming tokens have more utilities compared with the gambling tokens. Gaming token can be used to buy NFT that will give us daily profit if we are playing the game unlike gambling tokens that can be used to receive dividend only. These tokens are all depend with the hype in the market. As long as there will always be the hype and it will exist. Some gaming tokens have no users at all but they have price. Basically these are speculators who are still buying and holding tokens pretty much the same like gambling tokens which have been using by the people and speculators that's speculated the price of token for the future

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high. They are mainly developing game and always try to adopt new technology and in these game have NFT facilities by which those token get high demand for the gamer. There are vast differences between a normal gambling token and the gaming tokens. So a holders need to know the clarification between the two tokens before investing.

It is important to understand the very concept of any possible investment that you are trying to participate or support, though by experienced investors are really taking time to analyze and understand if there's really potential that you can gain once you place your money in the project you choose for investment, either gambling tokens or gaming projects as long as you know what you are following and you have that understanding to believe that it will bring decent,

You can proceed and take your chances. We never know which asset will pump or maybe everything will once the crypto industry regains strength and bull run creates new ATH.

Well the fact is, we all know exactly that when Bitcoin goes into a bullish trend, all the tokens, absolutely all the altcoins have a tendency to rise in price, because they try to imitate the movement of Bitcoin, it is something that cannot be denied. , and also the crypto world works under the same principle, so I think that a person who decides to make an investment in these tokens, has to evaluate the money that he is willing to lose but not to win, and if he has enough patience to wait for the investment that I am going to make, I am only sure of something that will happen, and that is that bitcoin will rise, when? I don't know, but that movement will happen.

[HunnyFinance]

For tokens to appreciate, there are many factors.

1) Utilities. There need to have good usecases for the tokens, and not just a transaction of value. Staking or other financial utilities are easily found for these casino tokens.
2) Fixed supply/max supply reached. If the tokens have a limited supply and constant usage, most probably it will go up eventually.
3) Sustainability. Projects that usually sounds too good to be true usually don’t last, and project that has longevity usually pays the bare minimum. Having casino as the main profit eco system is a very good backing way to keep the payouts healthy
4) Constant Burning. Look out for the burnt address. the more the merrier.

Personally I like $BFG Betfury and $HUNNY Hunnyplay as it fits most of the criteria here. Keep Hodling Casino Tokens

[worldofcoins]

It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:

• 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.
• OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
• TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.

 

All the ups and downs are part of life and the same goes with the Crypto markets as well. Don't need to get panic or get disheartened as things would get better soon. As for the OWL, I can say that they might have a good market reputation due to listing and advertising which have attracted many people and are still trending.

[delfastTions]

It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:

• 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.
• OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
• TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.

 

All the ups and downs are part of life and the same goes with the Crypto markets as well. Don't need to get panic or get disheartened as things would get better soon. As for the OWL, I can say that they might have a good market reputation due to listing and advertising which have attracted many people and are still trending.

The casino tokens discussed in this topic all have a certain value for the players of the casino itself. 
Therefore, it is extremely unlikely that they will completely disappear and lose their value.  This is only possible if the casino itself goes bankrupt.  Due to this status of game tokens, I think, and price fluctuations for them are not as significant as for other tokens, among which 95% are outright scams.  But the general bull market in cryptocurrencies will also of course give an increase in the value of gaming tokens when it starts. 
I must say that we are all waiting for when all this will finally begin. 

[Fredomago]

Well the fact is, we all know exactly that when Bitcoin goes into a bullish trend, all the tokens, absolutely all the altcoins have a tendency to rise in price, because they try to imitate the movement of Bitcoin, it is something that cannot be denied. , and also the crypto world works under the same principle, so I think that a person who decides to make an investment in these tokens, has to evaluate the money that he is willing to lose but not to win, and if he has enough patience to wait for the investment that I am going to make, I am only sure of something that will happen, and that is that bitcoin will rise, when? I don't know, but that movement will happen.

Something that you needed to assess inside you, if you believe that crypto, Bitcoin in particular will rise back you must assume that this investment that you made will be moving together with the entire market, casino tokens are project that also aiming good growth when there's a good market run, though the decision making will remain in your own assessment and understanding, the fact that you did your research will give you some good overview if what will be the potential of your chosen assets.

All will be in your own decision making after doing your research and analyzing your judgements.

[CuriousGeorge]

All the ups and downs are part of life and the same goes with the Crypto markets as well. Don't need to get panic or get disheartened as things would get better soon. As for the OWL, I can say that they might have a good market reputation due to listing and advertising which have attracted many people and are still trending.

It may bounced again pretty much the same like moonbet. It was going downs so hard and then i managed to scalping it and make 4x times profti from what i have bought. The dump will always become an opportunity to stock up more tokens from the market. I think that people are worrying too much about. that's the beauty of market which everyone doesn't know about that. As long as volatility is good and fine.

[noormcs5]

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high.

Which of the gambling tokens is of high prices as of now?

Yes, the gambling tokens are worth investing but all of them are of cheap prices because of the bitcoin bear market. If we accumulate these tokens now, they can give us much more returns when the crypto bull market returns. I would say that invest an equal amount of money in BFG, OWL, TFS and FUN tokens. Currently, these gambling tokens are in high demand as their gambling platform is gaining popularity.

[Fivestar4everMVP]

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high.

Which of the gambling tokens is of high prices as of now?

Yes, the gambling tokens are worth investing but all of them are of cheap prices because of the bitcoin bear market. If we accumulate these tokens now, they can give us much more returns when the crypto bull market returns. I would say that invest an equal amount of money in BFG, OWL, TFS and FUN tokens. Currently, these gambling tokens are in high demand as their gambling platform is gaining popularity.

Investing in this tokens is not the matter, but the question should be, do they have utilities, for example, Fun tokens, I have tried investing in this token before, but I changed my mind after finding out there is no utility for the token, it is all about buying 2500 tokens to get some free bet or bonus on Freebitco, that's not utility, I don't know about now, because it's been like 4 or 5 months I last checked, maybe the casino would have added some utilities for their Fun token now, I will check that, but if it remains as it was before, I will never buy such a token.

[bitgolden]

The casino tokens discussed in this topic all have a certain value for the players of the casino itself. 
Therefore, it is extremely unlikely that they will completely disappear and lose their value.  This is only possible if the casino itself goes bankrupt.  Due to this status of game tokens, I think, and price fluctuations for them are not as significant as for other tokens, among which 95% are outright scams.  But the general bull market in cryptocurrencies will also of course give an increase in the value of gaming tokens when it starts. 
I must say that we are all waiting for when all this will finally begin. 

Not that unlikely, I remember a place called earnbet or something, and they were eosbet back in the day and they had their own token as well and they disappeared. Because, they cared more about the token than the casino and they got crashed because of it.

I keep saying that the power of the token comes from the casino, and if you focus on the casino then there won't be any situation where the token goes up, there are some of these examples that focus on the token way too much, if they keep doing that then you are going to see that the token will go down, they should work on the casino instead and that will automatically make the token better.

[batang_bitcoin]

Yes, the gambling tokens are worth investing but all of them are of cheap prices because of the bitcoin bear market. If we accumulate these tokens now, they can give us much more returns when the crypto bull market returns. I would say that invest an equal amount of money in BFG, OWL, TFS and FUN tokens. Currently, these gambling tokens are in high demand as their gambling platform is gaining popularity.

If someone is targeting these gambling or casino tokens, the bear market is the best time to buy them because they're at the cheapest during this season.
They are designed for long term if the casino is very much popular and you can see the stability that it has got based on its situation and operation.
It's good to expand some budget on these tokens if you're decided and you want to have that part of diversification from these type of tokens. IMHO, I'd like to have a few of them but to enjoy the perks that it gives to its holders.

[X-ray]

Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high.

Which of the gambling tokens is of high prices as of now?

Yes, the gambling tokens are worth investing but all of them are of cheap prices because of the bitcoin bear market. If we accumulate these tokens now, they can give us much more returns when the crypto bull market returns. I would say that invest an equal amount of money in BFG, OWL, TFS and FUN tokens. Currently, these gambling tokens are in high demand as their gambling platform is gaining popularity.

It seems like that he shall re watch the market again. The price of gambling tokens were very undervalued and they never had high price. In my opinion if bull or bear trend have no impact to the gambling tokens. Look at some gambling tokens. Their performance were still the same even they have been actively trading before the bullish trend happened. The bearish trend was making their performance even worst than before. i don't even expect a big return from gambling token.
A small return is enough. Doing scalping was also very risky caused by they have low volatility and liquidity that was preventing me to dump my token when i wanna try to scalping it. It seems like that the demand is pretty small atm.