Investing in Casino tokens such as BFG, OWL or TFS

[Strongkored]

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.

That's what people always expecting that token based casino and also all altcoins that will provide high returns when buying them in a bear market and holding them until the bull market, but sometimes it's not as easy as expected because there are other factors that affect its increase during the bull market, because there are a lot of coins that also don't improve in the bullish period, the price goes up in USD but stays low in satoshi so if the goal is to make our BTC increase from investing in those tokens it doesn't work.

[1715270775]

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[Peanutswar]

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.

That's what people always expecting that token based casino and also all altcoins that will provide high returns when buying them in a bear market and holding them until the bull market, but sometimes it's not as easy as expected because there are other factors that affect its increase during the bull market, because there are a lot of coins that also don't improve in the bullish period, the price goes up in USD but stays low in satoshi so if the goal is to make our BTC increase from investing in those tokens it doesn't work.

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

[maydna]

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

It will depend on their research results before deciding to invest in a casino site. And if the results give a positive signal, investors can join the casino site by buying the casino tokens and staking for a while, waiting for the casino token price increase. And if the casino tokens have not been able to increase in the short term, maybe investors should wait again and keep betting on their casino tokens to get more.

[Fredomago]

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.

Timing and being a risk taker, you always have that good opportunities but not everyone have that capabilities especially with casino tokens, some if not most of those who invested to this project are also gamblers who are taking advantage of the staking rewards, I like that analogy of yours in terms of potential and possibilities, it will always be a good ride when you take the bus in the right time.

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

It will depend on their research results before deciding to invest in a casino site. And if the results give a positive signal, investors can join the casino site by buying the casino tokens and staking for a while, waiting for the casino token price increase. And if the casino tokens have not been able to increase in the short term, maybe investors should wait again and keep betting on their casino tokens to get more.

That's part of the game, if you don't want to lose your investment in case that the value didn't pump that hard or if in case that it dumped a lot, the only thing to do is to hold and wait while earning from the rewards that the house is providing while holding the coin.

[bitgolden]

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.

If you trust that they will survive this bear market then it is definitely wise to get as much as you can right now, so that you could profit later on. But only if you trust them enough. There are a lot of people like me who say that when the bull comes, other things at the top will go up, bitcoin will be 5x for example and eth could be as high as 10x, but will BFG go up? Will OWL? I am not sure about that at all.

This is why it’s a lot better if we could end up with nothing of the sort and instead focus on the fact that you could get paid with other coins and then buy those coins right now during the bear market. It’s not guaranteed though, maybe these will go up a lot too, I don't know.

[Lagduf]

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

It will depend on their research results before deciding to invest in a casino site. And if the results give a positive signal, investors can join the casino site by buying the casino tokens and staking for a while, waiting for the casino token price increase. And if the casino tokens have not been able to increase in the short term, maybe investors should wait again and keep betting on their casino tokens to get more.

Staking will be so bad if the price was going even lower. This is the truth about the gambling tokens. Im sure that if people aware about the all time chart from whole of gambling tokens in the market. The difficult thing is to listing the gambling tokens into the centralized exchange site with good grade. I meant so many gambling tokens can be listed only in dex.

[Hamphser]

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

It will depend on their research results before deciding to invest in a casino site. And if the results give a positive signal, investors can join the casino site by buying the casino tokens and staking for a while, waiting for the casino token price increase. And if the casino tokens have not been able to increase in the short term, maybe investors should wait again and keep betting on their casino tokens to get more.

Staking will be so bad if the price was going even lower. This is the truth about the gambling tokens. Im sure that if people aware about the all time chart from whole of gambling tokens in the market. The difficult thing is to listing the gambling tokens into the centralized exchange site with good grade. I meant so many gambling tokens can be listed only in dex.

Staking is only good when the value is going up or does simply had the potential on rising up on the future plus staking does really have that small APY's but there are some altcoins and platforms do really offer those

huge and to good to be true apy which would really be giving out some doubts if its legit or not but overall its up to someone if they could bare out on the risk on holding their coins on a platform on a long
period of time.
Overall when it comes to investment then it would be depending on someone or preference since not all would really be  that confident.Some do pump and
some do die in the end which its always been hard to predict since from the start.

[babygun]

Staking is only good when the value is going up or does simply had the potential on rising up on the future plus staking does really have that small APY's but there are some altcoins and platforms do really offer those

huge and to good to be true apy which would really be giving out some doubts if its legit or not but overall its up to someone if they could bare out on the risk on holding their coins on a platform on a long
period of time.
Overall when it comes to investment then it would be depending on someone or preference since not all would really be  that confident.Some do pump and
some do die in the end which its always been hard to predict since from the start.

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

[batang_bitcoin]

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.

If you trust that they will survive this bear market then it is definitely wise to get as much as you can right now, so that you could profit later on. But only if you trust them enough. There are a lot of people like me who say that when the bull comes, other things at the top will go up, bitcoin will be 5x for example and eth could be as high as 10x, but will BFG go up? Will OWL? I am not sure about that at all.

This is why it’s a lot better if we could end up with nothing of the sort and instead focus on the fact that you could get paid with other coins and then buy those coins right now during the bear market. It’s not guaranteed though, maybe these will go up a lot too, I don't know.

Just thinking of having a few of them but I wouldn't be so reliant on them to the point that it will take a lot of percentage of my portfolio. But if it performs well, everything will change and that is for sure.
We may not be unsure how huge they will be with the next bull run or there will not be that much of movement on them. Just remember that when you invest on them, be prepare whatever will be the result of your investment.

[Oneandpure]

Several casino tokens BFG, OWL and TFS only listed at dapp exchange market without brave to list on bigger exchange seems Binance, Kucoin or Huobi. Based on BSC chain networks seems difficult with casino token have chance going to higher price, not good ideas if investing at casino token actually without listed at bigger exchange market. Beside with not really popular of several casino token have low transaction exchange volume every day depending less interested from investor with casino token.

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

Above 50% still not guarantee to earn profit with staking some casino token however short or long term staking choose, I worry with less volume exchange transaction make impact with price dump and not worth if staking with casino token.

[erep]

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

Good projects only give realistic APY but if any other coin gives high APY then you have to be careful because it only attracts interest from highest APY staking influence, so I think coins from gambling don't offer high APY. The most important advice is never to be attracted to high APY because basically it is not a stable coin and tends to decrease in price so there is no profit impact from staking.

[makishart]

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

True but i rarely seen a gambling platforms that does the same like meme token which has been offering like thousands percents or even more. Mostly of gambling tokens were offering realistic staking combined with dividend to the token holders based on how many revenue being received by the platform will be divided with total tokens that being owned by token holders. People will not also believe if the platform has been offering non sense APY like meme token.

[maydna]

~snip~

That's part of the game, if you don't want to lose your investment in case that the value didn't pump that hard or if in case that it dumped a lot, the only thing to do is to hold and wait while earning from the rewards that the house is providing while holding the coin.

Yes, holding on and waiting is the correct answer if you don't want to miss the opportunity to make a profit. But unfortunately, people tend to panic and not be calm when they see the value of their investment decline, even too deep. This is what keeps them from taking advantage of the investments they make. And actually, the casino tokens they invest in have a chance to rise later when the altcoin season arrives.

~snip~

Staking will be so bad if the price was going even lower. This is the truth about the gambling tokens. Im sure that if people aware about the all time chart from whole of gambling tokens in the market. The difficult thing is to listing the gambling tokens into the centralized exchange site with good grade. I meant so many gambling tokens can be listed only in dex.

Not really. I mean, if you can choose the casino token, I think the price can go up too high one day. And even though the price is not as high as other altcoins, that's no problem, especially if you've managed to collect a lot of returns from staking it. That means you can also get a decent profit. Some casino tokens are not listed on centralized exchanges and are still on decentralized exchanges. However, as long as their token casino prices can compete with other casino tokens, you can still make a profit.

[mak013]

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

You tell us the right things, but most of the time we have problems with that. If 2) and 4) are easy enough, we have problems with 1) and 3). As for sustainability, everyone decides for himself, it is quite difficult to form a single opinion about it for everyone.
And when we talk about utilities, we usually see a problem - every time developers try to imagine how to use such tokens. There is no real reason, some problem that the token solves - just the developers are trying to attract investors.

[babygun]

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

Good projects only give realistic APY but if any other coin gives high APY then you have to be careful because it only attracts interest from highest APY staking influence, so I think coins from gambling don't offer high APY. The most important advice is never to be attracted to high APY because basically it is not a stable coin and tends to decrease in price so there is no profit impact from staking.

Indeed, but if a memecoin/shitcoin is giving out crazy APY of 1000% or more, it always sounds a bit appealing. And if you get in early in such projects and cash in on time, you can make a serious profit. Never worked for me though lol, so that's why I prefer more 'serious' projects with lower APY.

[Peanutswar]

Some of them are just caught up with the hype and just new release in the market but it depends on the person how they will use the coin for example people holding these tokens came from casinos because of the benefits they get if they are active in playing casino and at the same time see the potential and opportunity of this coin to goes up it is a win-win situation for the player but if you are just an investor with the coin I guess it is not ideal currently right now the market is not too much give a good outcome the same with the economy.

It will depend on their research results before deciding to invest in a casino site. And if the results give a positive signal, investors can join the casino site by buying the casino tokens and staking for a while, waiting for the casino token price increase. And if the casino tokens have not been able to increase in the short term, maybe investors should wait again and keep betting on their casino tokens to get more.

Staking will be so bad if the price was going even lower. This is the truth about the gambling tokens. Im sure that if people aware about the all time chart from whole of gambling tokens in the market. The difficult thing is to listing the gambling tokens into the centralized exchange site with good grade. I meant so many gambling tokens can be listed only in dex.

This is one of the reasons why people right now are not into investing not only with the gambling token but also other tokens due to the market crash I guess we are not finished yet with the market price dump there's support already with the 18k and chance to get dump again with the 10k price mark, so buying yet wit the tokens is not advisable but if you can sell those immediately just for a small profit still ideal to buy and because of the utilities but holding for a long term is not ideal.

[mdzahed134]

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.

It’s not a matter of Centralized or Decentralized tokens, no one will be 100% guaranteed. If gamble tokens is good utility why it will not be long term? i see a few gamble platform surviving for the last few years and their tokens have good enough utilities in the market. But i'm not fan of holding gamble tokens, especially long term i will never invest.

[cabron]

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.

It’s not a matter of Centralized or Decentralized tokens, no one will be 100% guaranteed. If gamble tokens is good utility why it will not be long term? i see a few gamble platform surviving for the last few years and their tokens have good enough utilities in the market. But i'm not fan of holding gamble tokens, especially long term i will never invest.

There is no use case of the tokens but only for staking as we see even the MBET that you have in your signature.  Staking these tokens however give the investors the edge to earn passive income if they hold a lot of it. Betfury I think had lots of investors from this forum because it got a ton of attention when it was promoting and seem a serious casino as well. But as said, casino tokens are meant just for profit sharing from the revenue of the casino.

Holding for long term will just keep a holder losing the value. It would be best to also dump during the bull market increase the stash if you can in the bearish market.

[Fredomago]

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

True but i rarely seen a gambling platforms that does the same like meme token which has been offering like thousands percents or even more. Mostly of gambling tokens were offering realistic staking combined with dividend to the token holders based on how many revenue being received by the platform will be divided with total tokens that being owned by token holders. People will not also believe if the platform has been offering non sense APY like meme token.

It based from the revenue and it gives interest to potential investors who are also playing inside the house, they are seeing how the business works and what are the possible ways of earnings aside from trying some luck playing their favorite gambling games, those staking rewards are sufficient to hold their investment and wait till the value of the asset will grow.

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.

It’s not a matter of Centralized or Decentralized tokens, no one will be 100% guaranteed. If gamble tokens is good utility why it will not be long term? i see a few gamble platform surviving for the last few years and their tokens have good enough utilities in the market. But i'm not fan of holding gamble tokens, especially long term i will never invest.

A matter of choice and how you foresaw the success of any assets that you think will work for you or serve as your investment token, maybe from your view, gambling token is not worthy to invest your money, but for some other investors they are okay with gambling tokens, they belive that with the success of the business the chance is good for them to gain decent profits in the long run.

[makishart]

Most of the casino projects are not listed on a popular exchanges which I don't know why. Many of the exchanges they are listed are not that known and this alone do many users to be afriad of losing there funds and coins to exchange that has no reputation. How I wish some of these casinos coins are listed on popular exchanges, that will attract more investors to keep buying.

I've been in conversation with one of mod from a gambling token and he said that he will be only listed their token in the exchange site that compliant with them. I can speculate if they were only listing their tokens on exchange site that's compliant with regulation where they have been operated. At least there was a token that has been accepted to be traded in so many major exchange sites

https://coinmarketcap.com/currencies/funtoken/markets/

FUN token is listed on binance. That proves if gambling token has a chance to be listed on the major exchange site as long as it has been fulfilling all of requirements by the exchange sites itself.
The hardest thing is to be compliant with regulation and exchange site who wanna listed your token. These are problems why you were rarely seeing gambling tokens went to the big exchange site.