A long term investor here, thinking about adding RoLLBit Token

[lienfaye]

I have seen many gambling tokens and most of them didn't survive and even got into controversies. I am not here to discourage or tell something negative but just like any other crypto, they can't skip when the market is highly volatile.

If you don't gamble there, you will not enjoy the benefits that it is providing for its holders. Much better if you maximize the usage and incentives that it gives to its holders.

But if you're fine and you'll invest just a spare money on it, that's what investing is.

yes you are right, not many casino tokens have been really successful, most of them just disappeared, but I don't know about rollbit tokens, it seems they are still holding out and some other casino tokens, I am not a financial expert, nor am I a crypto expert, but just a suggestion you can use your token if there really is an incentive for holders to better store it on their site to benefit from it.

RLB token has uses on Rollbit platform. If you're a gambler there and wants to join the lottery, the token will serve as your entry ticket. You need to stake your RLB first (minimum of 10) in order to join. So as long as Rollbit is existing, then I believe RLB won't become worthless because it has uses on Rollbit's ecosystem.

But again, every investment always has a risk, when investing, don't expect that it will give you big profits, always remember that there is always a risk when investing, you see, most casino tokens always fail and never succeed or become big.

Indeed. Investing doesn't guarantee a sure profit because of the risk. The reason why we should not have high hopes when we invest our money. In addition, always DYOR and don't rely solely in suggestions.

[tusandii]

-snip-

I don't have RLB but I do have BFG and comparing the two it seems RLB is performing better than BFG.

Two things that you can consider are their long-term marketing which can really make an impact on the performance of the token in the market and how they address issues like complaints in the scam section.
I consider casino-based token worth including in your portfolio, especially if they have long-term marketing and their platform is performing well in the community they serve or target.

When comparing the two, I would also choose RLB to be the main option because RLB has been able to prove that it can develop very well, especially with the support of Rollbit which has become one of the big, trusted casinos.

I also prefer RLB over BFG because of the success  achieved by Rollbit Casino.  Besides Rollbit is a more popular platform than Betfury so it is logical to think that RLB will have a better pricing in the future since the performance of its casino will be the measuring device on how well these tokens will get its value.

If Rollbit can develop properly and get bigger, it is possible that RLB will also experience a rapid increase.
But it takes a long time for RLB to have a very valuable value and become a token that can compete in the market later.
In the long term, to be honest, I haven't had the courage to decide on choosing an RLB because there are still many factors needed to gain that confidence.

But if it's for a long term investment with a large amount I would rather reconsider it because this is a gambling token where their movements are easy to influence or control because RLB is included in a centralized token.
I myself would prefer to invest with a short period of time so that it minimizes things that are not desirable.

If the casino is here to stay, I think investing in it in a long term approach is also a good decision.  As the casino become popular and more gamblers joined to play in the platform, the value of its token will definitely uptrend.

Yes, everything is centered by Rollbit itself, whether they can maintain their popularity and success due to more and more casino competition in the future.
Some people like you may have the courage to take long-term investment for RLB, but some are still unsure and waiting for some more development so that RLB can really be relied upon and made a worthy investment asset.

[QueenVera]

Well the answer you seek could easily been seen and gotten from reading the casinos token whitelist  which was even suggested  by a user on a the first page of your thread because I'm not sure if any one will give you a more precise answer than what the whitelist will give.
I haven't  gambled using any casinos token but I think there shoukd be some promotional offers from casinos to users using their token to gamble rather than the regular cryptocurrencies and the token you listed is a very nice one and if it could do such a figure within a year, is a shownthat the casino itself is doing well and one of the things that determines  the price movement  of a casino token is the users base.

[livingfree]

I have seen many gambling tokens and most of them didn't survive and even got into controversies. I am not here to discourage or tell something negative but just like any other crypto, they can't skip when the market is highly volatile.

If you don't gamble there, you will not enjoy the benefits that it is providing for its holders. Much better if you maximize the usage and incentives that it gives to its holders.

But if you're fine and you'll invest just a spare money on it, that's what investing is.

yes you are right, not many casino tokens have been really successful, most of them just disappeared, but I don't know about rollbit tokens, it seems they are still holding out and some other casino tokens, I am not a financial expert, nor am I a crypto expert, but just a suggestion you can use your token if there really is an incentive for holders to better store it on their site to benefit from it.

But again, every investment always has a risk, when investing, don't expect that it will give you big profits, always remember that there is always a risk when investing, you see, most casino tokens always fail and never succeed or become big.

There could be a few of them that becomes successful at least for their own platform and with their own users and investors. But it's truly that the most of these gambling tokens didn't find success but it's a truth that some of them might be successful and not yet gone or won't be gone.

Just treat it with the same as the usual cryptos that we invest and the risk will never be gone. But the level of risk varies on the popularity of the casino and at least with the rollbit token, they're quite popular in the forum and has garnered a lot of users as well.

[dezoel]

If you have little money, why would you choose them over bitcoin, knowing you can't afford to lose? If you have a lot of money, why would you need to take additional risk, when you can expect bitcoin to slowly bring you the profit you need, without additional risk?

It's because the chances of turning small amounts into big amounts through altcoins is way higher when compared to BTC, ETH etc. Examples are Pepecoin, Shiba Inu etc which made some investors instant millionaires.

BTC isn't risk free either and you need to invest huge amounts in order to secure decent profits from it these days.

The chances of turning small amounts into big ones using meme coins aren't for everyone and it is not possible for every investor to become a millionaire with just a single investment, it is all about luck just like gambling. If you invest small amounts in hundreds of meme coins, maybe one of them will be able to gain enough community hype and gain significant value, otherwise, your money is gone for good.

You can't compare Bitcoin or other popular cryptocurrencies with meme coins which are basically useless tokens that depend on community hype to gain any value and without it, they will die off very soon and those who invest in them will all lose their money.

[Wiwo]

Well the answer you seek could easily been seen and gotten from reading the casinos token whitelist  which was even suggested  by a user on a the first page of your thread because I'm not sure if any one will give you a more precise answer than what the whitelist will give.
I haven't  gambled using any casinos token but I think there shoukd be some promotional offers from casinos to users using their token to gamble rather than the regular cryptocurrencies and the token you listed is a very nice one and if it could do such a figure within a year, is a shownthat the casino itself is doing well and one of the things that determines  the price movement  of a casino token is the users base.

Even at that, the whitelist may contain all the information that the ops require but then he may also need some advice from real investors of that women and what have their general experience about coin have become, since we have hard several other casinos to mend who have moved in various directions in terms of it price.

But Roolbit is a well-known casino and I am sure any product or project coming from them will be successful,  so even though we may have experienced some ugly experiences with other casino tokens, Rollbits will be an exceptional case in this situation.

[goaldigger]

Well the answer you seek could easily been seen and gotten from reading the casinos token whitelist  which was even suggested  by a user on a the first page of your thread because I'm not sure if any one will give you a more precise answer than what the whitelist will give.
I haven't  gambled using any casinos token but I think there shoukd be some promotional offers from casinos to users using their token to gamble rather than the regular cryptocurrencies and the token you listed is a very nice one and if it could do such a figure within a year, is a shownthat the casino itself is doing well and one of the things that determines  the price movement  of a casino token is the users base.

Important details about the token and its usage is there so its really advisable to start with their whitepaper.
Rollbit is a very innovative site as they continue to introduce new updates, their token works on their site well so it can be a good investment as long as the site is doing well. If its for long term you also have to consider its price trend so you can have good timing on buying, haven’t tried the token yet but looking at the performance of Rollbit, it looks good to me.

[TimeTeller]

Well the answer you seek could easily been seen and gotten from reading the casinos token whitelist  which was even suggested  by a user on a the first page of your thread because I'm not sure if any one will give you a more precise answer than what the whitelist will give.
I haven't  gambled using any casinos token but I think there shoukd be some promotional offers from casinos to users using their token to gamble rather than the regular cryptocurrencies and the token you listed is a very nice one and if it could do such a figure within a year, is a shownthat the casino itself is doing well and one of the things that determines  the price movement  of a casino token is the users base.

Important details about the token and its usage is there so its really advisable to start with their whitepaper.
Rollbit is a very innovative site as they continue to introduce new updates, their token works on their site well so it can be a good investment as long as the site is doing well. If its for long term you also have to consider its price trend so you can have good timing on buying, haven’t tried the token yet but looking at the performance of Rollbit, it looks good to me.

The gambling site itself is doing well in their business, however, you need to look at the utility of the token itself.
The probability of making it good in the market is already there as it is backed up by a successful casino.
But to make sure you are not investing blindly, you need to educate yourself about the token's current progress and upcoming developments.
As we have seen in this forum alone, only few of casino tokens are still surviving. So need to contemplate on why rollbit token can survive and how long?

[serjent05]

If you have little money, why would you choose them over bitcoin, knowing you can't afford to lose? If you have a lot of money, why would you need to take additional risk, when you can expect bitcoin to slowly bring you the profit you need, without additional risk?

It's because the chances of turning small amounts into big amounts through altcoins is way higher when compared to BTC, ETH etc. Examples are Pepecoin, Shiba Inu etc which made some investors instant millionaires.

BTC isn't risk free either and you need to invest huge amounts in order to secure decent profits from it these days.

The chances of turning small amounts into big ones using meme coins aren't for everyone and it is not possible for every investor to become a millionaire with just a single investment, it is all about luck just like gambling. If you invest small amounts in hundreds of meme coins, maybe one of them will be able to gain enough community hype and gain significant value, otherwise, your money is gone for good.

I agree, memecoins is not for everyone, aside from that, getting profit in meme coins isn't simply as putting money and getting profit. It also needs a good timing when to enter the memecoin market and when to sell at a profit.  Often times memecoin die or become worthless once it is done with the pumping while casino token may not get pumped as fast and as high as memecoin, at least they already have utility and is backed up by the casino platform performance.

You can't compare Bitcoin or other popular cryptocurrencies with meme coins which are basically useless tokens that depend on community hype to gain any value and without it, they will die off very soon and those who invest in them will all lose their money.

I agree, memecoins has no utility and mostly rely on hype and pump and dump. They often get abandoned once pumpers are don with it.

[arwin100]

If you have little money, why would you choose them over bitcoin, knowing you can't afford to lose? If you have a lot of money, why would you need to take additional risk, when you can expect bitcoin to slowly bring you the profit you need, without additional risk?

It's because the chances of turning small amounts into big amounts through altcoins is way higher when compared to BTC, ETH etc. Examples are Pepecoin, Shiba Inu etc which made some investors instant millionaires.

BTC isn't risk free either and you need to invest huge amounts in order to secure decent profits from it these days.

The chances of turning small amounts into big ones using meme coins aren't for everyone and it is not possible for every investor to become a millionaire with just a single investment, it is all about luck just like gambling. If you invest small amounts in hundreds of meme coins, maybe one of them will be able to gain enough community hype and gain significant value, otherwise, your money is gone for good.

I agree, memecoins is not for everyone, aside from that, getting profit in meme coins isn't simply as putting money and getting profit. It also needs a good timing when to enter the memecoin market and when to sell at a profit.  Often times memecoin die or become worthless once it is done with the pumping while casino token may not get pumped as fast and as high as memecoin, at least they already have utility and is backed up by the casino platform performance.

This is what they want to display and these shitcoins always promise to get easy money for investing in their project. They should realize that its not easy to earn some money on meme coins since the same with any other its a quick dump scheme so for sure newbie will be left behind here. If they still want to invest on meme coins maybe they need to research more so that they became knowledgeable and well prepared on many possibilities.

[milewilda]

If you have little money, why would you choose them over bitcoin, knowing you can't afford to lose? If you have a lot of money, why would you need to take additional risk, when you can expect bitcoin to slowly bring you the profit you need, without additional risk?

It's because the chances of turning small amounts into big amounts through altcoins is way higher when compared to BTC, ETH etc. Examples are Pepecoin, Shiba Inu etc which made some investors instant millionaires.

BTC isn't risk free either and you need to invest huge amounts in order to secure decent profits from it these days.

The chances of turning small amounts into big ones using meme coins aren't for everyone and it is not possible for every investor to become a millionaire with just a single investment, it is all about luck just like gambling. If you invest small amounts in hundreds of meme coins, maybe one of them will be able to gain enough community hype and gain significant value, otherwise, your money is gone for good.

I agree, memecoins is not for everyone, aside from that, getting profit in meme coins isn't simply as putting money and getting profit. It also needs a good timing when to enter the memecoin market and when to sell at a profit.  Often times memecoin die or become worthless once it is done with the pumping while casino token may not get pumped as fast and as high as memecoin, at least they already have utility and is backed up by the casino platform performance.

This is what they want to display and these shitcoins always promise to get easy money for investing in their project. They should realize that its not easy to earn some money on meme coins since the same with any other its a quick dump scheme so for sure newbie will be left behind here. If they still want to invest on meme coins maybe they need to research more so that they became knowledgeable and well prepared on many possibilities.

We do know that there are really that certain types of coins which could be consider out on the list.
L1, L2, Meme, Gaming based etc... and the list goes on. If you would be able to identify on which coins you've been dealing with then for sure you would really be able to point out which one is worth to hold
and which one shouldn't really be taken seriously. As for RLB which is really that a gambling token based then it would really be depending on someone whether he would be tending to hold it for long term or not.
Just like been mentioned that it would really be basing up on platforms popularity and relevance in the market if we do speak about longevity or price potential.
If you do find out that RLB is worth then its your choice. We do have that different approach when it comes to certain projects and since its your money then it would be your total decision whether
you would hold for long term or not.

[merekamo]

Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.

They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.

I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms.

[LUCKMCFLY]

Any long term gambling projects investor here? I have been monitoring Rollbit gambling platform token for a while now and to my surprise this token makes it to a new high recently, from 0.001$ in 2022 of October to 0.02$ today, that's impressive gains and the all time high was even 0.05$ in February of 2023, anyone buying such coins for a long term hold?

I have not gambled on Rollbit before and I want to ask if there is anything adding extra value to Rollbit token, anyone using this platform should please drop a feedback, is the token been used on the platform itself for gambling? Or it has benefits if gamblers use the token to gble instead of using Bitcoin?

Thanks

As far as I know, this coin is only distributed free to rollbit users who have made a deposit at the beginning of its appearance and this coin is used for the lottery by staking our RLB coin. Actually, increases are common and sometimes it's not based on the performance of the coin or the casino but rather the speculation of the traders and holders of this coin, with trading volumes that are still low and also only available on DEXs that are the SOLANA network with volumes from DEXs that are also not high, not expecting much will this coin do better maybe there will be a period where it goes back up or reaches a new ATH every year but it could also keep dropping from time to time if the development is not so encouraging. So far no casino-based tokens have impressed as it seems the development is focusing more on the casinos than the tokens themselves.

Rollbit has done things well, in fact I always emphasize that they are the casinos that have put NFTs at a good level, they have cleared up any doubt that it can become a scam, which is something from another world like everything always. pointed out in the NFT projects, here Rollbit has left things very high, that's why I think that the Rollbots are a great addition to the casino, and it has been a way of having money well saved, the internal market is very well controlled, that is a something that many fear in controlled economies, that is something that this casino has that attracts a lot of attention.

Of course we are in a market where money will never be safe, just as it can go up it can go down, these two scenarios should always be considered, we as good investors must be clear about all this, and know how to choose, and realize that we can do the difference if we decide to take a risk, and as I have said, here Rollbit has greatly changed the face of what we all think about NFTs, in Rollbit they show the real face of what it should be and not what they turned it into.

[Taskford]

Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.

They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.

I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms.

This is the best thing we can do since getting some updates with them and frequently engaging on their community can help us get the latest news about their future development, nor we can also know if there's a problem might occur. But we can say Rollbit is a good platform but we are not sure about its future especially on their tokens so I guess adding up their token for long term hold posses huge risk but who knows if they succeed more for sure it will also reflect to their tokens so maybe there's something great will happen on it. This risk taker game so best to do our own diligence upon investing.

[Oilacris]

Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.

They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.

I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms.

This is the best thing we can do since getting some updates with them and frequently engaging on their community can help us get the latest news about their future development, nor we can also know if there's a problem might occur. But we can say Rollbit is a good platform but we are not sure about its future especially on their tokens so I guess adding up their token for long term hold posses huge risk but who knows if they succeed more for sure it will also reflect to their tokens so maybe there's something great will happen on it. This risk taker game so best to do our own diligence upon investing.

Success would surely reflects out on what they've been currently doing or something that in talks about updates and further developments on which it would might cause up some more increase into

its value.If you are an avid fan of this platform or simply being a gambler then most likely you would be holding some RLB but of  course its up to you whether you would really be having that huge stash of it because you do really believe or having the trust that it would really be shooting up its price in the future. It would be all accordingly on what are the things that they do currently have or simply being attached when it comes into its reputation and popularity.

It all matters on risks taking since not all would really be that having the consideration on touching up things which they arent that preferring in the first place.
They might be playing on the platform but doesnt mean that they would be buying RLB.

[Taskford]

Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.

They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.

I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms.

This is the best thing we can do since getting some updates with them and frequently engaging on their community can help us get the latest news about their future development, nor we can also know if there's a problem might occur. But we can say Rollbit is a good platform but we are not sure about its future especially on their tokens so I guess adding up their token for long term hold posses huge risk but who knows if they succeed more for sure it will also reflect to their tokens so maybe there's something great will happen on it. This risk taker game so best to do our own diligence upon investing.

Success would surely reflects out on what they've been currently doing or something that in talks about updates and further developments on which it would might cause up some more increase into

its value.If you are an avid fan of this platform or simply being a gambler then most likely you would be holding some RLB but of  course its up to you whether you would really be having that huge stash of it because you do really believe or having the trust that it would really be shooting up its price in the future. It would be all accordingly on what are the things that they do currently have or simply being attached when it comes into its reputation and popularity.

But to be fair with Rollbit we can say for now that they are so successful casino so no wonder that it can convince thosw none gamblers to accumulate their tokens since they might look up for more success what they can bring. Also their Rollbot NFT is somehow a big success so maybe this is one of the reason why these people try to see if there are more good things will happen on RLB.

But if I have extra money to use maybe I will consider to add RLB on my bag since who knows.thia one could bring big profits in future.