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Author Topic: What are your expectations for Casino coins in this coming bull run?  (Read 1812 times)
Odusko
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May 16, 2024, 08:39:08 PM
 #221


As we can see that on how many % they have increased at the bottom and of course the current price condition or correction that they
had made at the moment.

Those token come from a reputable casino and has the possibility to pump in this bull season or next season. If you are investing in the token, don't be expectant of sudden profit. Altcoins price is unpredictable and will not give you profit in every bull market. Invest just a small money that you can handle if lost.
Sometimes I have a misup when it comes to what we connect a platform with and the possibility of their coin to pump, although the fact that if the coin pump in high significant price that means their is a manipulation of the coin market and that won't go well with the coin future well being which also spell alot of risk for investors.
I am ok with coins from reputable casinos that are use as utility gaining steady growth in price, this is because with steady growth, the network can easily absorbed any form of market volatility that come along the way, but if it pump so much at once, that also sponsor the risk of a quick dump.

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May 17, 2024, 03:58:20 AM
 #222

This is too assumptious bro, what if the entire casino coins never performed well this time due to one reason or the other? It is so possible that despite the entire cryptocurrency space flourishing at a time, a certain sectional part of the industry could have some disadvantageous views which could make people overlook them since they are not encouraged to invest in. While some may try to appreciate in value but with little or no noticeable effect. This could be so discouraging to say a few, which is why we have to be careful here and not believe in some general assumption.

My advice is for anyone interested in gaming coins to start studying them now and reading news and feeds about them. Such a person should know when they were created, their performance so far, the brains and community behind them and also be conversant with their trading chart for the right speculation and guidance on when to risk their money and when to devest if things go awkward. However, ordinary, if there are no issues in the sector, it can't be that bad, several gaming coins will perform so well, especially those ones that the companies are flourishing and are the talk of the town. This is irrespective of whether they are at the top spots now or not.
If the casino coins cannot perform well this time, that is a risk that the casino coin owner must face and each casino coin owner should be aware of it. Those who decide to invest must understand that the coins they buy do not guarantee that they will make a profit. So they need to be careful when investing in any coin.

However, when altcoin season comes, investors can hope that casino coins can provide high increases. It can make a profit for them so they can sell it. That's why investors must research before they decide to invest so that they don't make the mistake of buying the coins.

By doing research, they can prepare an amount of money they can afford to lose. They can also find out the data needed to add information. Apart from that, they can also compare each coin to find the right coin.

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May 17, 2024, 08:45:25 AM
 #223

Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.

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EarnOnVictor
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May 17, 2024, 01:59:37 PM
 #224

We are all here for quick profit, whether you are really that dealing with casino tokens or not- We are really that aiming for short term or long term trades which will really vary on what are the things that you do have in mind because not all would really be thinking up the same in terms of this one because there are those individuals who would really be trying out to invest just because they do want or like to support a project.Its true that the only thing which is important is that you should invest on the amount that you can afford to lose or something that not makes you cry on the time that the price will be going down to the floor. Grin

Specially basing up on what @Fatunad said above or elaborated or shown then we do able to see those 70-90% drops on which this could lead to panic
if you have bought at the peak. I dont know if you are still holding or would be cutting your loses.
I have a few casino tokens that I still keep after selling them at the last increase. I just hope that the casino token can rise again in the next altcoin season. That would be a medium and long term investment that I can wait for besides waiting for Bitcoin's bull run.
This is too assumptious bro, what if the entire casino coins never performed well this time due to one reason or the other? It is so possible that despite the entire cryptocurrency space flourishing at a time, a certain sectional part of industry could have some disadvantageous views which could make people overlook them since they are not encouraging to invest in. While some may try to appreciate in value but with little or no noticeable effect. This could be so discouraging to say a few, which is why we have to be careful here and not believe in some general assumption.



Lots of discouraging actions made by some of casino token creators and they didn't give much the importance of their community feedback that's why I decide to stay away with those casino tokens since I don't like to became a bag holders of those projects. That's why I decide to invest my money on top alts or for bitcoin only since its hard to wait for something unsure and we don't see any great things done by the project creators. Sometimes I believe that this tokens are created for short time pump and dump scheme and the token creators just want to have good sale for their project so they could add some huge funding's to operate their casino. But they don't have long term plan for their token since what usually they do is to wait for demand to come and if there's no coming then their project will remain at worst condition floating up in the market.

The casinos are also competing with others for their tokens, it is very dangerous in the sense that they can turn their tokens back to the entire community, because it is money and everyone likes to invest and win but when it does not work and the community starts to give advice to improve and the casino does not listen to them because things can get ugly, the case of several casinos here in the forum is very particular, and when the casino takes a very radical position it is worse because it becomes complicated in every way and what they achieve is that the combdiad that was generated later leaves and this causes the casino to go down little by little.
Correct me if I am wrong, but a serious casino that has tokenized itself will not do what will jeopardise the progress. They may seem not serious about it but indeed, they will always mean well for the project. Nonetheless, one thing that is certain is that the project can only thrive based on 3 main factors among many other factors, which are;

1. The progress of the casino itself. Is the casino finding it difficult to make headway in the industry? Are there too many complaints, legal and liquidity issues and all that?

2. The way the casinos can market the token, which goes a long way in helping them, especially in the areas of hype with influencers and ads just as they are marketing their companies. If this could be planned and done well, it would go a long way to help the casinos' tokens.

3. Lastly, the community that can be successfully built by the casinos. This is why it is good for casinos to have an email list and forums like this for extra interaction and benefits. This propagates information so virally.

But contrary to your claim, I do not see the competition in this gaming token context among the casinos being a problem whatsoever.

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May 18, 2024, 09:34:14 PM
 #225

Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.
Casino coins don't revolutionize the gambling or financial system. Casino coins are simply integrated on the website for holders, i.e. for premium users. When casino creates a casino coin, they want to get some additional funding from members that they later can use to grow casino, offer many promotions, vip features and so on. So, my personal opinion is that casino coins are a good investment choice for those who want to get fun and entertainment from their investment. What I mean in fun and entertainment? When you hold coin and get free spins, increased cashback, high APY, you really get fun from this process.
I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

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May 19, 2024, 07:26:07 PM
 #226

Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.
It starts from the inclination of big investors in crypto projects, most of them do not trust it, and the few that trust it will prefer to invest in their Bitcoin or other big crypto projects other than casino tokens. And as an investor myself, I understand their plight, especially if they are such investors with traditional motives, they will never be convinced about such a project unless they just want to take some extra risks out of their principles. Also, there are many traditional alternatives for these people, which means that they are not missing out on anything. Many of them are shareholders, and stock owners and have various properties and other businesses. So if they do not earn through cryptocurrency or casino tokens, they are earning massively elsewhere. This could only mean that their money is not wasting off in the bank, they are effectively utilizing it to make more money, that's why they call them big investors in the first place, they have nothing to lose as it is never a must to invest in crypto projects.

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