Are NFT games also another way to gamble your money?

chaser15

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Quote from: marilynmanson21 on November 20, 2021, 10:03:23 AM

I think yes, because crypto games are the same as gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital

Gambling games are not an investment type of form. NFT games are investment types and you will work on how to make them successful. You will choose a worthy NFT based on your research and will do everything to make it profitable for you in the long run.

Can't be compared to the usual gambling where all you need to do is to wait for the result after your series of analyzation.

Don't think that NFT games are a gamble unless you will choose an obvious failed NFT game.

marilynmanson21

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I think yes, because crypto games are the same as gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital

LUCKMCFLY

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Quote from: Balmain on November 14, 2021, 05:58:13 PM

Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.

You're right, Axie Infinity is the most classic example of how a game has a lifespan and then eventually everything goes down, but it's because it has a bug, the devs never prepared to withstand a large amount of demand from people, they just They were waiting for a limited number of people and from there they calculated their economy, currently NFT games if they do not have an oracle, they quickly die, and I think that all this is what has given birth to new projects based on metaverses and with a cheaper network for that everyone accesses and this will be through the polygon network, those are the plans that we have.

gwdf1

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I saw a lot of games that gain a big popularity and, as a result, their native tokens pump and people who play this game and hold tokens benefit a lot. The examples are Axie, crypto blades etc. If you are good at computer gaming and have such a hobby, I think that NFT-games is the best way for you to monetize your time and skills just doing what you really like.

Balmain

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Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.

livingfree

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Quote from: Fredomago on November 14, 2021, 03:59:33 PM

Quote from: livingfree on November 13, 2021, 05:35:48 PM

Quote from: Shagnasty on November 12, 2021, 03:13:32 PM

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.

It is because there are investors that does that.

They invest and put their money to the NFTs that they think is going to make them rich even without the need of researching. But it is the actual gamble.

The investing style of people that does that are really making themselves to be quick in being poor.

Fredomago

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Quote from: livingfree on November 13, 2021, 05:35:48 PM

Quote from: Shagnasty on November 12, 2021, 03:13:32 PM

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.

livingfree

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Quote from: ?? on ??

Quote from: livingfree on November 13, 2021, 05:35:48 PM

Quote from: Shagnasty on November 12, 2021, 03:13:32 PM

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.

Yeah.

There are fake NFTs too and that's why everyone has to be aware of those. But for someone who does his research, he's unlikely to fall for these scam NFTs.

A network for knowing investment can easily be researched now, especially we're in a forum where everyone helps each other upon finding out a project is a scam.

Eureka_07

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Quote from: ?? on ??

Quote from: livingfree on November 13, 2021, 05:35:48 PM

Quote from: Shagnasty on November 12, 2021, 03:13:32 PM

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.

Yeah, I think for some people who are investing on NFTs just love it as they support and like the art itself, maybe for them the possible profit doesn't matter much compare to the "satisfaction" or joy that these arts can bring to them. They maybe called as digital art collector, specifically in NFT collectors.
It differs to me, I invest on NFT to gain profit. Well, everyone does have their own reason why they invest into something. Just be wise.

livingfree

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Quote from: Shagnasty on November 12, 2021, 03:13:32 PM

Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

CDC AP

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Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat they do really differ on the intensity or the amount of risk involved. In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really be giving worth into your risk taking.

Fredomago

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Quote from: abralzain17 on November 10, 2021, 06:35:31 AM

Quote from: Fredomago on November 09, 2021, 03:40:54 PM

Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.

If being done, then it's good for them to avoid or to lessen the chance of being scam and lose their investment. Everything that being done with good research most of the time succeeds from this venue of investment. We all witness the time where the hypes of P2E gamings are really hyping so wild. There are games based on NFT that went so high.

Some investors earned from it, while other's loss their investment by investing at the peak. Huh

You can avoid this kind of mistake if you do your good research and you really dig deeper within the project and the team behind it. Cool

AlexSnowSnow

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Specifically, these games are quite similar to gambling, just a new shell, but there are other games that are not gambling but just scam, such as RAID, but this does not mean that all NFT games are like that, here in the topics you can find many interesting and cool projects

Shagnasty

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Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.

abralzain17

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Quote from: onecall123 on November 10, 2021, 11:12:46 AM

Quote from: abralzain17 on November 10, 2021, 06:35:31 AM

Quote from: Fredomago on November 09, 2021, 03:40:54 PM

Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.

In the Nft world, scratch off tickets have some utility, but mostly they do not, and they are worth only what they can be flipped for. The community is primarily made up of big toddlers and shill bots. It's just a matter of adding games term after NFT. NFTs and gaming go well together. Nfts' connection with gaming has become more obvious in recent days. So yeah, I'm not that crazy about nft games. You can research and if possible create your own Nft heaven and live there, it's up to you. There has been talk of using different NFTs across different games. Aren't all the crypto games so far absolutely lame?

yes, it is very good i think if you are not too crazy about nft games, very good i think. because NFT is not only game-based, NFT also has unique and rare collectible items such as photos, digital paintings, songs, and memes. and of course Nft is a digital art that can make money.

onecall123

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Quote from: abralzain17 on November 10, 2021, 06:35:31 AM

Quote from: Fredomago on November 09, 2021, 03:40:54 PM

Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.

In the Nft world, scratch off tickets have some utility, but mostly they do not, and they are worth only what they can be flipped for. The community is primarily made up of big toddlers and shill bots. It's just a matter of adding games term after NFT. NFTs and gaming go well together. Nfts' connection with gaming has become more obvious in recent days. So yeah, I'm not that crazy about nft games. You can research and if possible create your own Nft heaven and live there, it's up to you. There has been talk of using different NFTs across different games. Aren't all the crypto games so far absolutely lame?

abralzain17

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Quote from: Fredomago on November 09, 2021, 03:40:54 PM

Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.

JooBra

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Quote from: Fredomago on November 09, 2021, 03:40:54 PM

Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

NFT gaming is one if first implementations of blockchain and crypto in general. I did my research and invested in presale in some projects and it payed out good. Just looking at it in detail it will payy off big.

Kuzikuu

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People are playing games without profit..
I imagine this being similar to generating your own ad revenue by switching browsers from chrome to brave. You can keep doing the same stuff, but passively make money at the same time. Nfts are more gambling because its like a slot machine when you mint. ¯\_(ツ)_/ ¯ you never know what you will get, but these new nft games are play to earn, which is more passive!

Fredomago

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Quote from: abralzain17 on November 09, 2021, 05:22:06 AM

What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. Wink

But if you are just blindly investing without doing your research, the end point is losing your money. Tongue

Topic: Are NFT games also another way to gamble your money? (Read 2285 times)