What are your expectations for Casino coins in this coming bull run?

[Hamphser]

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

Majority yes since there's no safe coins or tokens when market condition is bad. Although there are few of them will got a pump but everything is temporary. But so far the performance of most of casino token decline but its understandable since somehow we can think of that people prioritize to have bitcoin rather than altcoin and the least we can look forward is on how their casino perform since this will bring confidence to investor that there provably something good will happen especially if bitcoin will have a good rally again or alt season will came. If bull run has already passed then I guess its time to plan our next action.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Yeah that's the sad fact of those casino owned tokens but let see in couple of months or years if there are changes to happen especially on their development side. But also its understandable that meme coin is the one experience a bull run since this is tokens is the center of attention by most of altcoin investors that's why some of those tokens got an outrageous pump.

Whether casino based tokens or those typical altcoins in the market, it would really be just that having on the same risks and potential that they would be having on a volatile market whether it would be pumping or dumping.It would really be always according into the demand in the end of the day. If you do believe that these casino based tokens does have potential then invest with it but if not then you could really just simply skip out and look for another one. When it comes to expectation and other aspects then it would really be just that depending on you on where you would really be tending to deal or dive in.
Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.

[Dr.Bitcoin_Strange]

That's what I said, it's not only gamblers that finds interest to invest in casino coins. As a matter of fact, I was even thinking that majority of people that are investing into casino coin and other altcoins are non gamblers who are not using the casino, while only a few gamblers are really interested to invest in the casino coins. Some altcoin lovers and investors always make a good research towards what ever crypto that can make them profit, it doesn't matter if it's a casino coin, meme or other altcoin projects.

Don't you research a project before you invest in it? Not the best option, if that's what it really is. Do, many people are prevented from doing this by sheer laziness. Is it difficult to spend just a few minutes to read a small amount of text? It turns out not only difficult, but also boring to do such a thing. So why then, in fact, come to the direction of crypto, investing?

It's the responsibility of every investor to read and learn about the project in which they want to invest their funds. One can only be lazy or get bored studying about the project of interest if they have not experienced any bad losses in their altcoin investment. If an investor has suffered a big loss in their investment because they just rushed into investing in a project that they had not done any research on, then they will learn how to be more practical. I know how I faced a series of losses with my altcoin portfolio some years ago, which made me stop investing in altcoins, and even if I want to invest in any altcoin project now, I will make sure to dig deep into the project before investing. 

[piebeyb]

Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.

Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.

If we talk about the upcoming bull market considering the bitcoin halving, there is always a price increase after the bitcoin halving, we all know that every event in these four years will continue to repeat itself consistently, that's why everyone expects more. By buying casino-based tokens, you can get big profits, but you need to Remember again, all traders must have a reason why they want to buy casino-based tokens and make the price increase when entering a bull market, since crypto prices have been rising for some time, we don't see price movements for casino-based tokens. I'm actually still not sure about that. but everyone has a choice.

[Wind_FURY]

Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.

Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.

That's probably because not one online casino has done the right way of distributing their token, and they also might not have found a good way for the token to gain utility within the casino.

If only there was an online casino that allows their users to use the casino token for bets/wagers, and that gives more incentives for them if they do.

[KingsDen]

The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.

[EarnOnVictor]

The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

You have good points and it has to do with the general movements of the crypto market most times, otherwise, gambling coins often perform poorly. Although some would have a significant rise when there is an opportunity, especially those times that Bitcoin new/events would set the market agog, otherwise, you will be seeing a few of them having significant performance. I believe that is the way they would do until this bullish season is over. Many will not hit their ATH anymore even created this season again till it is over, so we need to be extremely careful about them regardless of the types around them. This is unless the success of the casinos/projects linked to it significantly warranted that.

[Hamphser]

Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.

Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.

That's probably because not one online casino has done the right way of distributing their token, and they also might not have found a good way for the token to gain utility within the casino.

If only there was an online casino that allows their users to use the casino token for bets/wagers, and that gives more incentives for them if they do.

For sure those casinos arent that focusing that much on how they would really be making money on the tokens that they had made. Usually it would really be attached on utility
but seldom that it is really that been applied for its usage and also  you could really be able to earn those tokens via wagering on which it would really be just that understandable that
price would really be going down as this one would really be continuing on obtain or would really be able to acquire specially if you are really that playing on the site.
There's no doubt that on the time that they would be able to obtain those tokens then the main priority that those gamblers would be having is to sell it out
immediate yet is still free money after all. Its true that if they do just make plans on how to make use of it on other way then there could be a chance on having that demand.

[Wakate]

The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.

The same way we have anticipating for the price ifk altcoins to go bullish more during this bull run, the same with happen to casino coins. I know many of the casino projects have good team that are already to send it to the moon. We all be waiting to see many casino projects hitting 2X to 5X by the time the price of Bitcoin finally hit 100k. This will surely happen although the pumping might differ from each others because they all have different prices and different communities that could push the price to skyrocket. I am very positive about casino coin and I know that they are going to move well if we are holding the good ones in the market.

[paxmao]

The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.

I think that predictions during a bull run are very difficult because you are going to think that stuff goes up for a reason and probably you think you know the reason, which usually ends up not being the case. And if you get it right is even worse, because you will think that you actually have a theory or method that works and will likely make a big mistake next time.

[Wind_FURY]

Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.

Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.

That's probably because not one online casino has done the right way of distributing their token, and they also might not have found a good way for the token to gain utility within the casino.

If only there was an online casino that allows their users to use the casino token for bets/wagers, and that gives more incentives for them if they do.

For sure those casinos arent that focusing that much on how they would really be making money on the tokens that they had made. Usually it would really be attached on utility but seldom that it is really that been applied for its usage and also you could really be able to earn those tokens via wagering on which it would really be just that understandable that price would really be going down as this one would really be continuing on obtain or would really be able to acquire specially if you are really that playing on the site.

There's no doubt that on the time that they would be able to obtain those tokens then the main priority that those gamblers would be having is to sell it out immediate yet is still free money after all. Its true that if they do just make plans on how to make use of it on other way then there could be a chance on having that demand.

Converting then selling the token is part of earning from the system, but if you're a regular user of the casino that gives more incentives for using the casino token, then why would that user sell right away? ¯\_(ツ)_/¯

They would definitely keep some of them to use in the casino for more incentives and more V.I.P. rewards, no?

[pawanjain]

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...
Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

[Slow death]

The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.

I have constantly said this, because when a casino creates a token, despite the token not needing coders, not needing costs to maintain the network because they are on the blockchain of another currency like ETH or SOL, the casino will still have to spend money to pay for listing on major exchanges and casinos that have tokens do not do this, we just need to see that only the FUN Token is listed on Binance and it is not a token created by any casino, it is just being used by a casino. So why do casinos create tokens when they know they don't want to spend money on listing the token on major exchanges?

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...
Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

In my case, I don't buy any casino tokens because I see it as a waste of time and money, I prefer to spend money playing at the casino. These casino tokens go up in price a lot, they depend on the success of the casino and we all know that every year more new casinos appear and because of this the competition becomes very strong to the point of driving existing casinos out of business. So I don't see casino tokens as being a good investment

[Beparanf]

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...
Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

Technically speaking, casino token should be the one who is profitable the most if casino gives the real utility of its token rather just staking feature. Casino is generating huge profits compared to typical crypto projects that is just relying to the transaction fees.

If casino token will have an exclusive feature which a regular can’t get without holding the token then investors might possibly get interested on acquiring it due to the exclusive benefits.

[batang_bitcoin]

But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.

There's so much benefits for the developers if they're able to make a huge demand out of it. Not to name some that I am seeing that they are raking huge volume on it and probably it has something to do with their own service and benefits that they're distributing to the ones that are holding it onto their own platform. But you're right about its future, they're uncertain and you'll never know how big they'd fall when the bear market comes.

By the way, I noticed that usually game tokens do not fall aggressively in price at the onset of a bearish cycle in the general cryptocurrency market. 
As a rule, the overall price drop for game tokens is even less than the average price drop for Altcoins.  This is primarily due to the utilitarian purpose of these tokens, which are used in specific games of a given casino that issues the tokens.  Therefore, the demand for tokens is quite stable on the part of players.  If the audience of players does not change much, then the demand for tokens remains.  And this is one of the factors for a more stable token rate in a bear market.  In my opinion, this is logical and this is what happens in most game token projects.

That's true that many of them don't fall dramatically or if they do, they're going to fall lower but not all of a sudden. They're also following the market trends but their movement is solely based to their loyal customers that uses the token for its utility on their platform and that's why with your observation about them, they are not the same the other altcoins that falls a lot when something happens to the market. The utility is maximized with the help of their customers.

[Fivestar4everMVP]

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...
Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

Well, you may be right, or should i just say that you are right, first, casino tokens not being profitable is a fact, atleast, this can be confirmed when their performance is compared to other tokens in the other narratives, I personally invest in casino tokens simply for diversification purposes, since when a bull run is coming like the one on the way, it makes sense to hold coins and tokens from different narratives.

And Secondly, about the coming bullrun bringing a new narrative to the table like the previous ones brought NFT, Defi etc, you are right and I think that is gradually happening as we speak.
With the number of people playing telegram tap games, and even big businesses now building mini apps on telegram due to the massive user base, it's unlikely that this won't be a new trend in the coming bull run.

[Zadicar]

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...
Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

Well, you may be right, or should i just say that you are right, first, casino tokens not being profitable is a fact, atleast, this can be confirmed when their performance is compared to other tokens in the other narratives, I personally invest in casino tokens simply for diversification purposes, since when a bull run is coming like the one on the way, it makes sense to hold coins and tokens from different narratives.

And Secondly, about the coming bullrun bringing a new narrative to the table like the previous ones brought NFT, Defi etc, you are right and I think that is gradually happening as we speak.
With the number of people playing telegram tap games, and even big businesses now building mini apps on telegram due to the massive user base, it's unlikely that this won't be a new trend in the coming bull run.

Profitability will really be just that depending on how early or late that you have been able to get in, doesnt matter whether a casino based token or any tokens which are available for someone to invest.

They would really be just that differ in category but in overall it would really be that sharing up on the same reason or purpose on why someone do make out some investment to it on which it would really be that always pertaining about on how to make profits with it in due time. So it all matters about risks taking on that certain individual or investor specially if he/she believes that certain token would be having a potential.
The only notable difference with these casino based tokens that it isnt really something that getting much attention by those investors who are really that sticking into those projects which is far more broad
in terms of utility rather than on just simply sticking into these casino based tokens on which it isnt really that something that having that utility or usage.

So invest on what you have chosen because if you do really just that tending to copy others suggestions and recommendations then you are really just that basically making yourself
having that regret if you do always copy.

[o48o]

Well, you may be right, or should i just say that you are right, first, casino tokens not being profitable is a fact, atleast, this can be confirmed when their performance is compared to other tokens in the other narratives, I personally invest in casino tokens simply for diversification purposes, since when a bull run is coming like the one on the way, it makes sense to hold coins and tokens from different narratives.

And Secondly, about the coming bullrun bringing a new narrative to the table like the previous ones brought NFT, Defi etc, you are right and I think that is gradually happening as we speak.
With the number of people playing telegram tap games, and even big businesses now building mini apps on telegram due to the massive user base, it's unlikely that this won't be a new trend in the coming bull run.

Diversification work sometimes, like betting several lines on a lottery, but only if most of the tokens won't die and that one that moons, moons enough to compensate everything else we hold. And that's how the narratives usually start. One token goes parabolic and moons, so everything related to that genre, narrative or just the name suddenly moons with it soon after.

And while narratives and speculation move prices faster then anything, some tokens have have designed to have intrinsic value, that's supposed to create buy pressure and hold value no matter what market conditions are. Like buyback and burn for example.

Depending on the mechanics of it, it might take time to be effective. And sometimes casino revenue used for burning isn't enough, and it could take a lifetime to burn even 50% existing tokens with a very low marketcap. And 9 times out of 10 they are a marketing gimmick rather than a real thing. But there are some really good casino tokens (and others with insictrict value) that are should eventually grow seperately from the market conditions.

But these kind of tokens aren't media sexy enough and seem too much like old world markets, then highly speculative crypto tokens, so i am not sure if they ever get same kind of fomo under them, unless one of them moons.

[LogitechMouse]

~
1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I remember RLB coin being on the top 100 in terms of market cap months ago, but I just looked at its rankings just right now, and it's at the 290th already. I also saw its price movement, and it went down from $0.25 all the way down to $0.06. Not familiar with both FUN and BFG though, but I'm pretty sure that both have a much lower market cap compared to RLB.

Anyway, I'll try to answer your questions OP
1. I think I'll go with RLB token. I always believe that the higher the market cap, the higher it's chance for success as many are still trying to buy it.
2. With how many casinos right now in our forum that are being promoted, I will not be surprised if they will create their own casino token. I mean Rollbit doesn't have one when they launched their campaign here. Now they already have their own token.
3. I don't know TBH how they will perform, but I have low expectations towards these casino tokens when it comes to price growth.

[wxa7115]

Profitability will really be just that depending on how early or late that you have been able to get in, doesnt matter whether a casino based token or any tokens which are available for someone to invest.

They would really be just that differ in category but in overall it would really be that sharing up on the same reason or purpose on why someone do make out some investment to it on which it would really be that always pertaining about on how to make profits with it in due time. So it all matters about risks taking on that certain individual or investor specially if he/she believes that certain token would be having a potential.

This may sound odd, but I really think that the casinos themselves limit the potential of their own coins, I say this because when I look at meme coins, we know there is nothing behind them, except the hype they can generate, and yet if enough hype is there a meme coin can skyrocket.

But for a casino token it is difficult to generate the same kind of enthusiasm, as the growth of the casino itself will be slow, causing the movements of their coin to be way slower as well.

[Wind_FURY]

To be honest, I am not very optimistic about casino tokens in the upcoming bull run.
I personally think that the next bull run will bring something new to the table just like the previous ones bought ICO, NFTs etc...

Casino tokens are not that profitable according to me but I am still holding a little portion of FUN tokens in my freebitco.in account.

I believe that instead of doing your research and focusing merely on general cryptocurrency narratives, you should study each of them individually and learn/understand how each is fundamentally different from the other implementations of the same asset class. That's probably how you find the best performers in the market, no?

But it's probably best not to listen to me. I'm a mere pleb Bitcoin HODLer who can't trade the market well enough.