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Author Topic: How is the performance of gambling tokens compare to other altcoins and btc  (Read 806 times)
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October 18, 2022, 10:08:59 AM
 #101

Staking some of the casino tokens for rewards while waiting for the price to go up is good advice, especially if you can have a large amount. At least that amount will increase by betting on the casino so that the casino may provide other rewards for the holders besides just gambling.

But these casino tokens still compete with others, especially for fellow casino tokens. And based on the link provided by @fathafraink, the FUN token has the largest marketcap but this is no guarantee that the FUN token will continue to lead in the casino token market because other casino tokens may also increase in the future.
Casino token have been guarantee depending with how long casino have been working, but not all trusted and experience casino launching their token. Safety when staking with casino token than new token launching however with higher APY reward giving, keep better stake token from casino if have listed several exchange market, if listed on one or two exchange market not priority how to stake. Casino token usually interested with their casino only not include investor or gambler bet with casino token when playing casino or sport gambling.

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October 18, 2022, 10:10:50 AM
 #102

You can invest in the platform that have their own tokens since it's something that you will use for gambling it's properly okay, because i believe with their token they are also promoting the token to be well known, i know that other people will be understanding it from different ways which is not quite right, the gamblling sites Owns the token.
We aren't going to invest directly in the platform, that's a different thing already but there are gambling sites that work's like that. The feature is called bankroll investing. The OP is only asking about those casino coins. The OP doesn't also want to play gambling or use the casino tokens for gambling but he only want to hold it like a typical investment asset.

I only know a few casinos which has their own tokens, I think that is because they promote their coin properly. They also want it to be more known other than their casino. This is the importance of doing a promotion. It helps people to be aware about the company's product. This is one the thing that we must look at before we decide to invest.

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October 19, 2022, 09:07:36 AM
 #103

Gambling tokens never work like other altcoins and bitcoins and can never do anything as good as them because gambling platform tokens are mostly used for gambling or some other purpose so they don't have much effect on the market and if someone invests in them  If they do, they can't make much profit . So Gambling Token can never be compared with other altcoins and bitcoins

Sure they are only made for the purpose of gambling and not for the real focus of hodling a longtime for volume trade and to be utilized in the crypto world.  The site specifically build such game tokens for convenient not based on longtime asset as we see in bitcoin, binance, etheruem and other crypto currency too. This is just for the game not for real crypto experience.
Gambling token are maked for gamble but many gambling platform also make there own token for doing a batter place on crypto market if they can get a good position for there token on market and gain a high marketcap then it  will work as another great marketing for that gambling platforms .so every platform make there own token for there own purpose
gambling tokens are actually not just for gambling and hitting marketing in the market, but actually gambling tokens can be one way of promoting the gambling platform.
so that when the token is listed on the exchange some traders or investors will certainly find out what the gambling token is for and enter the platform. and after that of course the investor or trader will know that the token is used for gambling and in the end one of the investors or traders will also try to gamble on the gambling platform
Yes I believe that gambling platform tokens are not only made for gambling.  Through this they market their platform and when gambling on their platform they give their own token free to gamblers for every bet that Betfurry regularly makes.  Through this they attract gamblers.  And when they list their token on a good exchange and the token has a good value it attracts gamblers more.


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October 19, 2022, 10:25:55 AM
 #104

Staking some of the casino tokens for rewards while waiting for the price to go up is good advice, especially if you can have a large amount. At least that amount will increase by betting on the casino so that the casino may provide other rewards for the holders besides just gambling.

But these casino tokens still compete with others, especially for fellow casino tokens. And based on the link provided by @fathafraink, the FUN token has the largest marketcap but this is no guarantee that the FUN token will continue to lead in the casino token market because other casino tokens may also increase in the future.
Casino token have been guarantee depending with how long casino have been working, but not all trusted and experience casino launching their token. Safety when staking with casino token than new token launching however with higher APY reward giving, keep better stake token from casino if have listed several exchange market, if listed on one or two exchange market not priority how to stake. Casino token usually interested with their casino only not include investor or gambler bet with casino token when playing casino or sport gambling.
Maybe that's the appeal of casino tokens given to members and investors so that they can give full support to their casinos and continue to buy and bet casino tokens for other rewards. If the casino token can gain a position on the exchange and many use it for profit, it can make its price more competitive with other coins. That can also be another attraction of casino tokens. But indeed, not all casino tokens can be like that because it takes effort and hard work on the part of the casino to ensure their every plan can run well.

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