Topic: A long term investor here, thinking about adding RoLLBit Token - page 3. (Read 607 times)
Looking at the token supply of only 5B, I think the token has a huge potential to grow. With rollbit casino backing the liquidity of the token, more and more gamblers that play in the Rollbit platform will surely give more liquidity on the token market. I believe that Rollbit goal as a casino is for a long term service, so we should not look at the Rollbit Token in a short term sight instead looking at it in a long term situation, with the limited token supply, it is not bad to allocate some of our funds into investing on their token because the factor are too obvious that there is a huge chance that the Rollbit token will increase in value in long term.
The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.
Investing in a casino token is not too bad because the casino too need investors and also needs people to use their token so they can be more popular in the ecosystem. They can also make profit from there too. If we talk about risk then nobody can invest in any coin or token because risk is part of human action. As some commentators said it is risk to invest in casino token, I don't believe that because risk is everywhere. And also if a casino token is listed in any exchange then the investor can also make use of it at anytime.
Regarding investing in casino tokens for me I don't really think about it because I'm also a gambler so when I invest a little money to buy a token like RLB and hold it on the Rollbit site even though the price drops I can still use it to bet.
In fact everything I experienced came true buying some RLB holding it on the Rollbit site and I used it to play the lottery and finally after the RLB price reduction made me happier because I didn't think too much about the RLB price but it pumped up to 100%.
So for me investing in gambling tokens there is no need to use large amounts of money just use small amounts that can be enjoyed when the price dumps.
In fact everything I experienced came true buying some RLB holding it on the Rollbit site and I used it to play the lottery and finally after the RLB price reduction made me happier because I didn't think too much about the RLB price but it pumped up to 100%.
So for me investing in gambling tokens there is no need to use large amounts of money just use small amounts that can be enjoyed when the price dumps.
I wouldn't invest in it if I were you op. Why? Because the chances of earning huge profits from gambling tokens is pretty low based on my research. You stand to gain more by investing in memecoins instead.
Anyway, whatever your decision, I advise investing only what you are willing to lose.
Anyway, whatever your decision, I advise investing only what you are willing to lose.
Well, for me, I selectively buy casino tokens, and Rollbit token is definitely a good buy right now, even if you are not buying it to hold for a very long time, buying the token now would definitely bring in a good profit by next year, considering the fact that bitcoin halving is just around the corner and the possibility of a bull run is kind of imminent.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
in hindsight, op posted this in 16th and in next 2 days when you answered to this, RLB had jumped almost 100%. Maybe because OP market bought a lot, dunno. But it has now dropped almost -50% so waiting would have been better option. Obviously you never can tell beforehand when to jump board, as sometimes it just keeps going up when i am waiting for the reversal that never comes. I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
Somehow i don't care much if i buy the top and crash -70%, compared to if i am not buying the bottom and miss out the rocket it bugs me more. But this seems like RLB is showing recovery. Hopefully this raises hopes to other casino tokens as well.
Very timely. Could be coincidence. Tokens like RLB couldn't be added to exchanges easily because there could be more regulators that is going to chase them like gaming board and SEC.
Anyway, the value of the token depends on how the company is. If you are confident rollbit will live on to what you expect, thats got to be a reason to invest to the token.
The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.
Investing in a casino token is not too bad because the casino too need investors and also needs people to use their token so they can be more popular in the ecosystem. They can also make profit from there too. If we talk about risk then nobody can invest in any coin or token because risk is part of human action. As some commentators said it is risky to invest in casino tokens, I don't believe that because risk is everywhere. And also if a casino token is listed in any exchange then the investor can also make use of it at any time.
But what sustains a token is liquidity and if Rollbit who are big casino can have a limited supply and an ecosystem that will sustain the token liquidity.
The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.
Investing in a casino token is not too bad because the casino too need investors and also needs people to use their token so they can be more popular in the ecosystem. They can also make profit from there too. If we talk about risk then nobody can invest in any coin or token because risk is part of human action. As some commentators said it is risk to invest in casino token, I don't believe that because risk is everywhere. And also if a casino token is listed in any exchange then the investor can also make use of it at anytime.
Not all casino tokens is good for investment since most of them use the token liquidity for their marketing which means investors money is being use for casino operation cost while investors don’t get much return aside from token burning that is useless when the total supply is still not circulated yet.
On this case. RLB tokens was introduced after the existence of the casino. Rollbit is already a successful casino before the tokens which means the team won’t pressure much the token liquidity to dump the price because they have the resources to operate. RLB tokens is the best casino tokens I’ve invested so far because of the good return.
The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.
Investing in a casino token is not too bad because the casino too need investors and also needs people to use their token so they can be more popular in the ecosystem. They can also make profit from there too. If we talk about risk then nobody can invest in any coin or token because risk is part of human action. As some commentators said it is risk to invest in casino token, I don't believe that because risk is everywhere. And also if a casino token is listed in any exchange then the investor can also make use of it at anytime.
The point in investments is where to get the right profits and casino tokens are not a good investment choice since they are created for the purpose of incentive anything other than that, will lead to grave devaluation that will lead investors to lose since casino tokens can't be called an asset, but a utility that is why some of them have a stable fixed price and are only used on the casino.
Well, for me, I selectively buy casino tokens, and Rollbit token is definitely a good buy right now, even if you are not buying it to hold for a very long time, buying the token now would definitely bring in a good profit by next year, considering the fact that bitcoin halving is just around the corner and the possibility of a bull run is kind of imminent.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
in hindsight, op posted this in 16th and in next 2 days when you answered to this, RLB had jumped almost 100%. Maybe because OP market bought a lot, dunno. But it has now dropped almost -50% so waiting would have been better option. Obviously you never can tell beforehand when to jump board, as sometimes it just keeps going up when i am waiting for the reversal that never comes. I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
Somehow i don't care much if i buy the top and crash -70%, compared to if i am not buying the bottom and miss out the rocket it bugs me more. But this seems like RLB is showing recovery. Hopefully this raises hopes to other casino tokens as well.
Rollbit is in my opinion the most advanced crypto casino to this date.
They not only have Slot Battles, they also offer NFT gambling aswell as PVP Jackpots, Cases, Crypto-Futures.
And every single game is made to perfection.
They not only have Slot Battles, they also offer NFT gambling aswell as PVP Jackpots, Cases, Crypto-Futures.
And every single game is made to perfection.
You know, because of the things you have mentioned, I am the kind of person who do not fully believe that gambling tokens fall into the category of traditional alternative coins. They are like a third group.or assets which we must be careful with, because some regulators could label them as unregistered securities and slam against the casino if they do not get rid of the support to their own token.
If anyone is thinking to invest on a casino token, in my opinion that person is supposed to be a regular gambler of said webpage and also set all price alerts possible, so they can track effectily how their capital is going and when it would be a good time to start taking profits.
Maybe for RLB lately it has good potential because the price is getting better but this is all supported by Rollbit itself which has become one of the most popular casinos with a pretty good reputation so that the adoption of RLB has increased and made the price go up.
But we must always prioritize caution, especially when we invest in gambling tokens, which are clearly focused on one point, namely Rollbit itself.
If for short-term trading maybe we can make RLB an option for now.
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. 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
Well, for me, I selectively buy casino tokens, and Rollbit token is definitely a good buy right now, even if you are not buying it to hold for a very long time, buying the token now would definitely bring in a good profit by next year, considering the fact that bitcoin halving is just around the corner and the possibility of a bull run is kind of imminent.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
one thing to consider in buying a casino token is assess the casino itself. on this note, rollbit is quite doing good in this business. so for now, buying their token may possibly give you good profits. however, if you buy, you also need to keep up with their updates.
from what i've seen among casino tokens here, very few can attain success or survive long enough. got some bfg tokens before but sold them coz i couldn't keep up with the casino updates. so bottomline, you can always buy a promising casino token, however, it is your responsibility to be updated with their happenings. because they may be changing their version of their token and you're already too late for the swap, just an example of what you might encounter.
Everything would really be pertaining about making profits and this is something that most investors or gamblers who do have RLB would really be minding.For some they might be
going for long term approach but for most people they would really be liking to see some slight increase or percentage then it would really be a good time on making taking profits action.
We know that no matter which thing we are dealing with then we do really know that we cant really be able to assure if its value would last long or not.
Gambling based tokens would definitely be reflecting out on their companies situation and the investor on which its been mainly be supporting.
You cant really be just that too confident when it comes to long term aspect because we dont know on when a certain company would be facing up some issues.
When we think about what is the best investment of any cryptocurrency or tokens, we take into consideration what is the best option, we can do many studies or we can see what is better if a good technical analysis, or fundamental analysis, even both, but what What is now being considered is how will the NFT price react when bitcoin reaches a high price, or when bitcoin goes down, how will it behave? All these things are what should be thought about, however in Rollbit I have seen that they have some very good options and they guarantee the investment, so I think that here it is a win-win.
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.
All types of altcoins have risks to invest in, even BTC alone also has risks, but for BTC in the long term it is more reliable to invest because BTC is the only crypto that is very promising in the future.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.
Coming back to the topic, long term investing in gambling tokens is not really recommended as these types of tokens are centralized so their value can change significantly with some action.
If want to take advantage in a short time, maybe you can rely on it, but for the long term, you should just avoid it.
But still, as you said, an investor must continue to follow the development of the gambling token so that he can take action if there is an increase or decrease in price because we can see that some gambling tokens fail to develop and do not have a sufficiently satisfactory value.
For RLB itself, it is currently quite good, but who knows what it will be like in the future, it is clear that you have to be careful if you want to invest in gambling tokens.
You know, because of the things you have mentioned, I am the kind of person who do not fully believe that gambling tokens fall into the category of traditional alternative coins. They are like a third group.or assets which we must be careful with, because some regulators could label them as unregistered securities and slam against the casino if they do not get rid of the support to their own token.
If anyone is thinking to invest on a casino token, in my opinion that person is supposed to be a regular gambler of said webpage and also set all price alerts possible, so they can track effectily how their capital is going and when it would be a good time to start taking profits.
going for long term approach but for most people they would really be liking to see some slight increase or percentage then it would really be a good time on making taking profits action.
We know that no matter which thing we are dealing with then we do really know that we cant really be able to assure if its value would last long or not.
Gambling based tokens would definitely be reflecting out on their companies situation and the investor on which its been mainly be supporting.
You cant really be just that too confident when it comes to long term aspect because we dont know on when a certain company would be facing up some issues.
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.
All types of altcoins have risks to invest in, even BTC alone also has risks, but for BTC in the long term it is more reliable to invest because BTC is the only crypto that is very promising in the future.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.
Coming back to the topic, long term investing in gambling tokens is not really recommended as these types of tokens are centralized so their value can change significantly with some action.
If want to take advantage in a short time, maybe you can rely on it, but for the long term, you should just avoid it.
But still, as you said, an investor must continue to follow the development of the gambling token so that he can take action if there is an increase or decrease in price because we can see that some gambling tokens fail to develop and do not have a sufficiently satisfactory value.
For RLB itself, it is currently quite good, but who knows what it will be like in the future, it is clear that you have to be careful if you want to invest in gambling tokens.
You know, because of the things you have mentioned, I am the kind of person who do not fully believe that gambling tokens fall into the category of traditional alternative coins. They are like a third group.or assets which we must be careful with, because some regulators could label them as unregistered securities and slam against the casino if they do not get rid of the support to their own token.
If anyone is thinking to invest on a casino token, in my opinion that person is supposed to be a regular gambler of said webpage and also set all price alerts possible, so they can track effectily how their capital is going and when it would be a good time to start taking profits.
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Well, for me, I selectively buy casino tokens, and Rollbit token is definitely a good buy right now, even if you are not buying it to hold for a very long time, buying the token now would definitely bring in a good profit by next year, considering the fact that bitcoin halving is just around the corner and the possibility of a bull run is kind of imminent.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
I used to hold alot of Rollbit tokens In the past, but sold almost every thing, hoping to buy back again soon, in preparation for the coming year.
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
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
I love the idea. Not only play the token to its intended use to bet but also use it as a tool for trading. Flipping the value of the coin itself. Fundamentally, rollbit is already known which if the demand is higher, the value of the will also increase. I would suggest that if you will hold it for a very long time, you might also consider staking the coin if it is available so at least it will work like dividends. Not only raising it's value but multiplying its quantity over time with the tokens at stake.
Meanwhile, I don't have many OWL tokens, and they remain in my wallet. The OWL token is similar to the BFG token and can be one of the preferred tokens for investment. Of the many gambling tokens,
Owl become shady after dodging many accusation in their ANN thread and focus on their website alone. They cut their communication to the public here in the forum so I don’t recommend holding their token anymore due to their action.
I'm curious about which gambling tokens will be able to increase their price to reach the top list of gambling tokens.
The chance for an old gambling tokens to pump hard like RLB did recently is very slim because all of them have a huge supply that slowly emitted to the circulating supply. Gambling tokens usually just pump during initial release due to the hype to news. Overall, Gambling tokens is only meant for casino rewards so don’t expect anything big by holding it.
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
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
I love the idea. Not only play the token to its intended use to bet but also use it as a tool for trading. Flipping the value of the coin itself. Fundamentally, rollbit is already known which if the demand is higher, the value of the will also increase. I would suggest that if you will hold it for a very long time, you might also consider staking the coin if it is available so at least it will work like dividends. Not only raising it's value but multiplying its quantity over time with the tokens at stake.
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