What are your expectations for Casino coins in this coming bull run? - page 4.

michellee

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Quote from: Hamphser on May 15, 2024, 04:04:08 PM

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.

Many people hope to make profits quickly. But they must realize that this will not always happen and will only happen for a few coins. So they have to be patient while waiting for it and also be able to analyze the coins.

Right now, the casino token is still under correction, and we don't know how long it will last. Investors in casino tokens are still patiently waiting while accumulating more if they want. However, we should not forget to accumulate Bitcoin because it is our main investment.

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Quote from: Dr.Bitcoin_Strange on May 15, 2024, 04:29:43 PM

I have not seen any casinos that have done bounty or airdrops as a means to promote their native token, but several projects carry out bounty and airdrops to promote their coin.

Not that I follow airdrops religiously so I'm not sure how common they are but on top off my head: rollbit, betfury (from op's post), hugewin, shuffle had airdrops for their token. Metawin's airdrop is also ongoing. It may not be as rare as you think.

Quote from: Dr.Bitcoin_Strange on May 15, 2024, 04:29:43 PM

I don't think that the casino owners expect investors to even handle casino coins as a means of investment. They designed those coins to mostly be used in their casino. Just a guess tho.

It's likely they do because it's a speculative asset at the end of the day. And introducing utilities inside their casino is a part the whole tokenomics made to support the coin as well as it's price.

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Quote from: danadc on May 13, 2024, 04:34:05 PM

The few times I have Invested in Altconis it has gone badly for me, and especially in one of a casino like the BFG, it was a total Disappointment I think that when the casino saw all that capitalization it was easier for them to make the strategy of not repeating more on bitcointalk and leave and ignore them all, than show your face, this is very Ugly, that's why I don't recommend that casino , now the casino that seems to me to be a good Example with respect to tpklens is rollbit because the RLBs have a Beautiful Look, and I'm not one to buy tokens, but I'm Going to buy here because I see more security and confidence in them than any other project.

I have had several unprofitable investments in altcoins in the past few years while I was still active with altcoins. Due to my experience, I just decided to step down my game with altcoins, despite the kind of altcoin it is. Secondly, I know that casinos can only market their company, particularly the casino, and not their native token. They may assume that as their casinos grow, so should their tokens, but I don't think it works that way.

I have not seen any casinos that have done bounty or airdrops as a means to promote their native token, but several projects carry out bounty and airdrops to promote their coin.

Quote from: delfastTions on May 14, 2024, 02:52:18 AM

But this is my opinion, I myself, of course, do not hold any gaming tokens for a long time and unless I play in a specific casino, the issuer of these tokens.

I don't think that the casino owners expect investors to even handle casino coins as a means of investment. They designed those coins to mostly be used in their casino. Just a guess tho.

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Quote from: michellee on May 15, 2024, 12:29:33 AM

Quote from: Hamphser on May 14, 2024, 04:45:56 PM

The ones who would really be investing with these casino coins are to those people who had been playing on the platform itself and not into those common altcoin hunter or to those who do look for gems that could hit up 10x or even more on which we know that these tokens are really that out of context. This is why its not really that shocking that people would really be looking into something more alternative
because we do like it or not these tokens/coins doesnt really give out that much when it comes to utility since it would really be just that focusing or basing up into the platform alone and
not something that could really be that used in other means. This is why it would really be just that depending on you whether you would really be investing or holding it for long term
or would really be just that good for short term. It would really be just that depending on you.

Those who invest in these casino coins know how the casino performs, so they also want to support the casino by becoming an investor in the coin project. This is normal because apart from gambling, they also hope to make a profit on their investment. Even though the coins may only benefit the casino platform, that's fine because they can sell them on the exchange.

Some investors only invest their money for the short term. They buy their casino coins at launch, wait until the price rises high, and then sell them. They seem to want to make a profit quickly.

Many people also invest in coins that are not too expensive with enough money. They hope to profit from these casino coins because they see the seriousness of these casino projects. However, they should also be able to follow developments on the platform and know when they can sell their casino coins.

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.

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Quote from: Mrbluntzy on May 15, 2024, 12:08:50 AM

Quote from: Fatunad on May 14, 2024, 04:59:05 PM

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.

Yeah, this is the best advice.
Now, this is not just about casino tokens, but altcoins in general, Altcoin investment is highly risky, but also highly rewarding when and if done right, like choosing the right Altcoins and investing in them at the right time.

So far, casinos tokens seems to me to be more risky when it comes to profit potentials, this is because it will take way more time for a casino token to bring back a tangible return on investment to the investors, most especially if the casino token is one that comes with no utility, it's important that we understand that staking and burning of tokens is not utility, even though they can help to increase the value of a tokens if done right, this is why personally, I usually refuse to invest in a casino token if the only thing I can do with it is either hold or stake it to earn more tokens.

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Quote from: Mrbluntzy on May 15, 2024, 12:08:50 AM

Quote from: Fatunad on May 14, 2024, 04:59:05 PM

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.

It is enough to open any price aggregator and look at the graphs and price dynamics of these tokens for the year, they look pretty good. Here the main question is who will give more profit in the form of dividends, because these tokens are bought for them. And since the casino is always in the black, such tokens can may even be very profitable.

michellee

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Quote from: Hamphser on May 14, 2024, 04:45:56 PM

The ones who would really be investing with these casino coins are to those people who had been playing on the platform itself and not into those common altcoin hunter or to those who do look for gems that could hit up 10x or even more on which we know that these tokens are really that out of context. This is why its not really that shocking that people would really be looking into something more alternative
because we do like it or not these tokens/coins doesnt really give out that much when it comes to utility since it would really be just that focusing or basing up into the platform alone and
not something that could really be that used in other means. This is why it would really be just that depending on you whether you would really be investing or holding it for long term
or would really be just that good for short term. It would really be just that depending on you.

Those who invest in these casino coins know how the casino performs, so they also want to support the casino by becoming an investor in the coin project. This is normal because apart from gambling, they also hope to make a profit on their investment. Even though the coins may only benefit the casino platform, that's fine because they can sell them on the exchange.

Some investors only invest their money for the short term. They buy their casino coins at launch, wait until the price rises high, and then sell them. They seem to want to make a profit quickly.

Many people also invest in coins that are not too expensive with enough money. They hope to profit from these casino coins because they see the seriousness of these casino projects. However, they should also be able to follow developments on the platform and know when they can sell their casino coins.

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Quote from: Fatunad on May 14, 2024, 04:59:05 PM

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.

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Quote from: Hamphser on May 14, 2024, 04:45:56 PM

Quote from: michellee on May 14, 2024, 08:24:39 AM

Quote from: Dr.Bitcoin_Strange on May 13, 2024, 10:00:04 AM

I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

It is difficult to find altcoins that can provide profits. With so many altcoins on the market, it will take more time to analyze them one by one. It's natural if you don't invest in altcoins because the time required to find the altcoin is not short.

However, we see competition from each casino coin, making many people interested in investing in these coins. They are the ones who then invest in casino coins and hope to make a profit. We will see a casino coin that will rise very high and take the lead in the list of casino coins.

This will be interesting because each casino coin will do something. Hopefully, those who have invested in casino coins can really make big profits from their investment.

The ones who would really be investing with these casino coins are to those people who had been playing on the platform itself and not into those common altcoin hunter or to those who do look for gems that could hit up 10x or even more on which we know that these tokens are really that out of context. This is why its not really that shocking that people would really be looking into something more alternative
because we do like it or not these tokens/coins doesnt really give out that much when it comes to utility since it would really be just that focusing or basing up into the platform alone and
not something that could really be that used in other means. This is why it would really be just that depending on you whether you would really be investing or holding it for long term
or would really be just that good for short term. It would really be just that depending on you.

If you do try to compare or look out their gains checking on CMC or CG then you could be able to see on how far they have been able to reach out which its not really that bad at all.

RLB- Rollbit
All-Time High
$0.2644 70.7%
Nov 11, 2023 (6 months)

All-Time Low
$0.0009351 8184.6%
Jul 02, 2022 (almost 2 years)

--------
BFG
All-Time High
$0.03781 36.9%
Sep 23, 2023 (8 months)
All-Time Low
$0.01019 134.2%
Nov 12, 2022 (over 1 year)

-----
FUN token
All-Time High
$0.1911 97.4%
Jan 08, 2018 (over 6 years)

All-Time Low
$0.001055 368.5%
Mar 13, 2020 (about 4 years)

Source: Coingecko.com

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.

Hamphser

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Quote from: michellee on May 14, 2024, 08:24:39 AM

Quote from: Dr.Bitcoin_Strange on May 13, 2024, 10:00:04 AM

I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

It is difficult to find altcoins that can provide profits. With so many altcoins on the market, it will take more time to analyze them one by one. It's natural if you don't invest in altcoins because the time required to find the altcoin is not short.

However, we see competition from each casino coin, making many people interested in investing in these coins. They are the ones who then invest in casino coins and hope to make a profit. We will see a casino coin that will rise very high and take the lead in the list of casino coins.

This will be interesting because each casino coin will do something. Hopefully, those who have invested in casino coins can really make big profits from their investment.

The ones who would really be investing with these casino coins are to those people who had been playing on the platform itself and not into those common altcoin hunter or to those who do look for gems that could hit up 10x or even more on which we know that these tokens are really that out of context. This is why its not really that shocking that people would really be looking into something more alternative
because we do like it or not these tokens/coins doesnt really give out that much when it comes to utility since it would really be just that focusing or basing up into the platform alone and
not something that could really be that used in other means. This is why it would really be just that depending on you whether you would really be investing or holding it for long term
or would really be just that good for short term. It would really be just that depending on you.

michellee

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Quote from: Dr.Bitcoin_Strange on May 13, 2024, 10:00:04 AM

I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

It is difficult to find altcoins that can provide profits. With so many altcoins on the market, it will take more time to analyze them one by one. It's natural if you don't invest in altcoins because the time required to find the altcoin is not short.

However, we see competition from each casino coin, making many people interested in investing in these coins. They are the ones who then invest in casino coins and hope to make a profit. We will see a casino coin that will rise very high and take the lead in the list of casino coins.

This will be interesting because each casino coin will do something. Hopefully, those who have invested in casino coins can really make big profits from their investment.

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Quote from: bettercrypto on May 14, 2024, 06:40:22 AM

Quote from: AmoreJaz on May 08, 2024, 05:50:21 PM

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

-snip-
1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury
---
1.. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

Won't choose any from the above-mentioned tokens. But I am still holding some fun tokens. I purchased some long time ago. But seems that the price is not progressing. I bought when it was about more than 100 sats. Just take advantage of the benefits that come with it. The price right now is only 9 sats. For BFG, I already discarded these tokens long time ago. I even staked some in biswap before. But for me, at that time, it was not worth holding anymore. Thus, selling them.

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

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..

Hard to suggest any new tokens. It depends on the user. If the user is an active casino gambler, he may take advantage of the benefits of holding those tokens. But if not, better divert your attention to top alts.

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

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

The performance of casino tokens depend on the platform itself. Not because of the bull run season. So you need to check how the casino team is doing their job to promote the token or their plans to develop their token.

Like you, I don't choose any of those; before I also had BFG, I also often used Betfury when it was new in the crypto space because its features were good. As long as you have a BFG balance in their casino, you will have free faucets that you can receive from your balance on their platform.

And take note, you can not only get one crypto for free but several, like Btc, Trx, Eth, Bnb, and others. That's why I liked him, but they changed it later, and that's how they fell little by little, and some time ago, I sold my BFG holdings to Biswap.

For what happen to BFG you can really get disappointed for trusting on those casino tokens on the list since there's maybe something doubt if you can earn since what you experience from the first one is not really good that's why I can't blame those people avoiding to invest on those casino tokens since somehow its hard to trust if they could able to get more good pumps when they already exist on the market for long time.

If there's no good changes will happen on BFG for sure they would lose the a lot more investor since so far until right now a lot of people still not satisfied with the actions they have done recently. About RLB maybe there's a potential for this token but same with other one we also need to take precautionary measures and we should not join because they are been hyped by a lot of their investors.

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Quote from: AmoreJaz on May 08, 2024, 05:50:21 PM

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

-snip-
1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury
---
1.. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

Won't choose any from the above-mentioned tokens. But I am still holding some fun tokens. I purchased some long time ago. But seems that the price is not progressing. I bought when it was about more than 100 sats. Just take advantage of the benefits that come with it. The price right now is only 9 sats. For BFG, I already discarded these tokens long time ago. I even staked some in biswap before. But for me, at that time, it was not worth holding anymore. Thus, selling them.

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

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..

Hard to suggest any new tokens. It depends on the user. If the user is an active casino gambler, he may take advantage of the benefits of holding those tokens. But if not, better divert your attention to top alts.

Quote from: Fivestar4everMVP on April 11, 2024, 02:20:17 PM

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

The performance of casino tokens depend on the platform itself. Not because of the bull run season. So you need to check how the casino team is doing their job to promote the token or their plans to develop their token.

Like you, I don't choose any of those; before I also had BFG, I also often used Betfury when it was new in the crypto space because its features were good. As long as you have a BFG balance in their casino, you will have free faucets that you can receive from your balance on their platform.

And take note, you can not only get one crypto for free but several, like Btc, Trx, Eth, Bnb, and others. That's why I liked him, but they changed it later, and that's how they fell little by little, and some time ago, I sold my BFG holdings to Biswap.

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Quote from: Dr.Bitcoin_Strange on May 13, 2024, 10:00:04 AM

I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

If we talk about what the OP is actually asking, then probably the majority of those who read this topic will answer that they do not consider such investments in game tokens (even the most famous ones, for example, as BFG) as a correct investment of their money. If everyone uses such a token, then in my opinion only directly in the game where they are used.
And it may be right to completely sell the tokens of some casino simply at the current rate, when you know and have decided to yourself that you are tired of this casino and you will no longer play in it. I think that most players do this, even despite all sorts of promises from the casino about additional income from staking or some other bonuses.
But this is my opinion, I myself, of course, do not hold any gaming tokens for a long time and unless I play in a specific casino, the issuer of these tokens.

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Quote from: Dr.Bitcoin_Strange on May 13, 2024, 10:00:04 AM

I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

The few times I have Invested in Altconis it has gone badly for me, and especially in one of a casino like the BFG, it was a total Disappointment I think that when the casino saw all that capitalization it was easier for them to make the strategy of not repeating more on bitcointalk and leave and ignore them all, than show your face, this is very Ugly, that's why I don't recommend that casino , now the casino that seems to me to be a good Example with respect to tpklens is rollbit because the RLBs have a Beautiful Look, and I'm not one to buy tokens, but I'm Going to buy here because I see more security and confidence in them than any other project.

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I don't invest in Altcoin, although I did in the past, but not any longer. I see every altcoin as one sort of coin that has the capability to either pump or dump and become shitcoin. The truth is that I don't trust Altcoin, so I don't waste some money on them for now.

We cannot predict Altcoin; they use a pump and dump algorithm, and therefore, I cannot particularly point at any casino coin that can pump this season. Well, I don't really believe that casino coins can do very well like so many other coins because casinos don't put in any serious effort to make sure their coins are trending in the crypto market; their coins are only used on the exchange.

Dunamisx

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Am not a fulltime investor in some of the casinos coins, but just as other well recognized gambling platforms and coins, i expect to see these casinos coins performing well in this bullrun as well, this will make the platform hosting them to also flourish as expected because they were been successful in their casino coin project or business, i will advise on investors to make use of the ones they are well familiar with their gambling platform and know about their reputation.

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Quote from: CODE200 on May 11, 2024, 03:49:05 AM

I don't think they're ever going to get with the hype though, I haven't heard of them pumping up in prices on the previous bull runs so I'm not sure what to feel about these casino coins, I'm not invested or interested in them in any way so I'm not sure what to feel about them, maybe I just want to be happy for the investors of those coins and hope that they can get some profit hodling those coins, I guess that's it, that's what I feel about those casino coins.

Nothing will really change especially if they don't do anything that can generate a hype for their project so provably there's nothing will gonna happen on those casino coins since they are not the same with other top altcoins which automatically there's a lot of people will accumulate since they think that great things will happen to those trusted altcoins if bitcoin price pump or if a bull run will occur. For now the last casino token I grab is BFG but I already dump it since I don't get much on it and just got disappointed the way how that token perform. So maybe will rest to grab some casino coins this year and maybe I would think about accumulating it once there's another new project that shows some great potential just like what RLB did.

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Quote from: CODE200 on May 11, 2024, 03:49:05 AM

I don't think they're ever going to get with the hype though, I haven't heard of them pumping up in prices on the previous bull runs so I'm not sure what to feel about these casino coins, I'm not invested or interested in them in any way so I'm not sure what to feel about them, maybe I just want to be happy for the investors of those coins and hope that they can get some profit hodling those coins, I guess that's it, that's what I feel about those casino coins.

I believe you are right when you say intuitively you don't think those casino coins and tokens are going to increase in vale during this bull run cycle. Considering the range of prices Bitcoin have these days, I would have expected most alternative currencies and casino coins to also have benefited of this positive weather in the market, though, for now it does not seem to be the case.
I don't know whether you are interested in alternative currencies at all, but it is always to take a look at casino coins. It only takes to realize some of them have a very good gaining potential in the long term, if their respective casinos do well.

Though, it seems the average risk and venture investor is not giving much attention those coins this year, probably investors are trying to figure out what is going to be the next big cryptocurrency in terms of artificial intelligence and smart contracts, instead going for gambling investments.

CODE200

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I don't think they're ever going to get with the hype though, I haven't heard of them pumping up in prices on the previous bull runs so I'm not sure what to feel about these casino coins, I'm not invested or interested in them in any way so I'm not sure what to feel about them, maybe I just want to be happy for the investors of those coins and hope that they can get some profit hodling those coins, I guess that's it, that's what I feel about those casino coins.

Topic: What are your expectations for Casino coins in this coming bull run? - page 4. (Read 2140 times)