Are NFT games also another way to gamble your money? - page 8.

magneto

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Quote from: danherbias07 on August 15, 2021, 11:19:05 PM

Your in profits now if you bought DPET at last May 2021. The price is just $0.4 when I bought lots of it. It means, you don't really have to play the game and is already up by 6 more dollars each. I already took my ROI here from selling some of my DPET coins, just to be sure if something bad happens it will not hurt much.
Although, I still want to see where the game will go that's why I used some to buy pets in game. It is a gamble, that's true and sometimes it depends on the hype it could create to maneuver the value to a its peak.
Asian countries mostly support this kind of industry and if you are seeking to find new NFT gems you will need to follow their trend.

Yeah, there are lots of riches made in the NFT space right now.

One of my mates bought 10 Pudgy Penguins when they were just 0.04 ETH each - and now they are more like 2 ETH each for the average ones.

I don't think this is sustainable and definitely resembles more of an investor-based-game than any sort of technological revolution. We have known for ages that blockchain is immunitable and can be used to create non-fungible chains of code, but why is it that now people are flocking to buying JPEGs off the internet?

Absolutely riduculous if you ask me. With the lack of liquidity, this is as good as gambling.

danherbias07

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Your in profits now if you bought DPET at last May 2021. The price is just $0.4 when I bought lots of it. It means, you don't really have to play the game and is already up by 6 more dollars each. I already took my ROI here from selling some of my DPET coins, just to be sure if something bad happens it will not hurt much.
Although, I still want to see where the game will go that's why I used some to buy pets in game. It is a gamble, that's true and sometimes it depends on the hype it could create to maneuver the value to a its peak.
Asian countries mostly support this kind of industry and if you are seeking to find new NFT gems you will need to follow their trend.

tippytoes

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Quote from: goinmerry on August 15, 2021, 07:48:16 PM

Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

You won't reach your ROI and profit if you will just hold. AXS should be spent so the circulation will be healthy.

Their in-game currency SLP is the one that shouldn't be sold always as there's no other way of burning it aside from the breeding part of the game. That token has infinite supply so their community should also help to balance the SLP spendings while devs are working on other ways to use that token in-game.

I have looked into Axie, and buying their Axies is no joke. I just hope that the price of their items is really justified by how it will turn out in the next coming years. The worry about its longevity in the market is always there. So joining this kind of game, you should know the repercussions and possible turn out of events. In a way, this is already a gamble for the player.

Tumanggor

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Quote from: yazher on August 08, 2021, 08:58:54 PM

Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?

Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

nft is very different from ico, it is more unique compared to ico. currently nft is trending and attracting people's attention to play and buy the nft game tokens
investing is actually not that far from trying to bet on an asset and it is not that different from investing in any other asset

honestly i missed the moment with axie infinity, it makes me a little frustrated
the trend of nft games will continue to last for some time and surely many people will bet on it

goinmerry

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Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

You won't reach your ROI and profit if you will just hold. AXS should be spent so the circulation will be healthy.

Their in-game currency SLP is the one that shouldn't be sold always as there's no other way of burning it aside from the breeding part of the game. That token has infinite supply so their community should also help to balance the SLP spendings while devs are working on other ways to use that token in-game.

fortunecrypto

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Quote from: finaleshot2016 on August 15, 2021, 06:51:06 PM

If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.

Cryptoblades and MyDefipet or DPET are two of the projects that look promising and DPET is still very cheap and they are still in beta but it's good to get in this early, there's still a lot of bugs and rollback happening but it's understandable for a new ambitious project, this is a project backed by a well-known company in gaming and blockchain, by next year this project will take off.

AmoreJaz

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Quote from: finaleshot2016 on August 15, 2021, 06:51:06 PM

Quote from: 7788bitcoin on August 15, 2021, 01:47:04 PM

Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .

If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.

gaming skill is still needed to gain good profits from this nft-based gaming platform. it is not for everybody. so dont expect that everyone joining this craze will get high profits. also, for example, purchasing axies will take some amount of your funds before you can play unless you will go to the lengthy route of their scholarship program.
but if you have the skill, you have better chance of earning good money here. it is some sort of gambling as well as the success depends also on the platform itself. so you are gambling your funds to uncertain future of the gaming platform.

finaleshot2016

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Quote from: 7788bitcoin on August 15, 2021, 01:47:04 PM

Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .

If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.

boltz

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Well it looks like Cryptoblade are now rewarding their players right now but they might solve it in the end... so yea NFT games are a double edge investment but not far from gambling as I said before. I think in the future this games will replace the new ones but it all depends how this first project will do in 2-3 years from now. ( if they can resist that much and they can sustain a healthy and fair economy for the game )

stomachgrowls

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Quote from: maju69 on August 15, 2021, 12:24:41 PM

Quote from: herurist on August 14, 2021, 11:06:57 PM

Quote from: Johnyz on August 14, 2021, 01:22:34 PM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.

this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here

However, when on the NFT list, the number one reputation is Axie Infinity, although many say it is less liquid, etc., of course almost many users can still enjoy the game there.
Even though all lists have dominated many gamers, some news on social media is back to being busy talking about them.

Most of those who are on top ranking is just new NFT games which it isnt incomparable with Axie inifinity since its already a year old game and it is just really able to get some attention too much on this year thats
why it did really make out that significant rise up into its price which does signify that there are lots whom do really love this game.Although you do need to invest for you to earn.ROI is somewhat fast
compared to other legit businesses out there but we know the risk.

New games now are making out some noise because of fast roi and big earnings but the risk is way more higher since there are already some games turns out to be a scam which is only good for a week.

So always take caution on dealing with new games that having that play to earn feature but actually you do really need to invest first.

7788bitcoin

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Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .

maju69

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Quote from: herurist on August 14, 2021, 11:06:57 PM

Quote from: Johnyz on August 14, 2021, 01:22:34 PM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.

this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here

However, when on the NFT list, the number one reputation is Axie Infinity, although many say it is less liquid, etc., of course almost many users can still enjoy the game there.
Even though all lists have dominated many gamers, some news on social media is back to being busy talking about them.

carlisle1

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Quote from: goinmerry on August 14, 2021, 12:49:55 PM

Seen lots of comments that don't have experience playing NFT games and saying something non-sense.

They think NFT games are gambled without knowing that there are some NFT games that profitable.

I will let them think of it that way and just focus on my own.

Better to think that way, why bother to keep explaining just use those time to keep yourself updated within this new system,

Many still thinks that way, they are in doubts that this kind of system are really existing, fearing to lose money that's why they have this
thing inside their minds, they don't even bother to understand how things works.

Only those people who have that courage to try new things are the one who will benefits with this new investment form.

Fredomago

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Quote from: UmerIdrees on August 15, 2021, 06:27:31 AM

Quote from: ?? on ??

Quote from: haidil on August 14, 2021, 10:49:05 AM

Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.

Yes they are but you invested money here anything you put your money in is considered investing, even a hobby is an investment, there's a probability of losing money, it becomes mainstream because investors are backing it up, I invested on one NFT game I expect profit although not so soon, NFT games are going to be the trend for a long time because of their uniqueness.

One should be intelligent enough to choose from a good investment and NFT investments are better these days. You can find all of he NFT coins here https://www.coingecko.com/en/nft and most of these projects are performing well.

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

It's your research that will help you pick the right coin for your investment. NFT is good as there's also the entertaining part, playing games and earn money using your free time.

Investment that combines with your games, interesting fact since there are many people who are stuck inside their house because of this pandemic, they are given these opportunities to earn while playing and killing their time.

Axie introduces how things works and now many other projects who are trying to duplicate Axie's success.

Cacingkemi

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Honestly I think it's better than gambling, because just play it and you will earn unlike in gambling there's no way you will be sure that you will win even with small odds there's a chance that you will still lose it's like a staking but in order to earn you will need to play it like fight other characters or sell items to earn. So I think it's still a game of chance.

UmerIdrees

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Quote from: ?? on ??

Quote from: haidil on August 14, 2021, 10:49:05 AM

Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.

Yes they are but you invested money here anything you put your money in is considered investing, even a hobby is an investment, there's a probability of losing money, it becomes mainstream because investors are backing it up, I invested on one NFT game I expect profit although not so soon, NFT games are going to be the trend for a long time because of their uniqueness.

One should be intelligent enough to choose from a good investment and NFT investments are better these days. You can find all of he NFT coins here https://www.coingecko.com/en/nft and most of these projects are performing well.

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

smyslov

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I invested in DPET and I expect a return of my money in the future and right now I'm waiting for their update, these play to earn NFT are promising us profit so it's just right to treat them as an investment and since it's an investment and all kinds and forms of investment are gambling so I consider these NFT games as gambling our money, we can lose, regain or make profit from these kinds of projects.

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Quote from: kkaroul4 on August 15, 2021, 02:31:57 AM

Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.

I noticed the same thing too. If we call it gambling, then basically you would have to recognize that any cryptocurrency investment is a gamble. In this case, quite much depends on us and how well we research the project. Also, the fact that the NFT is still super popular allows us to think that the ROI will be achieved very quickly.

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Quote from: kkaroul4 on August 15, 2021, 02:31:57 AM

Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.

That's why before you buy an NFT item from the game, you need to do some prior assessment. I am seeing that some of the NFT characters are quite expensive from my standard and yet, they are gaining interest from the gaming community. It means, a lot of gamers are really willing to spend some cash on these NFT-based games. Which, if you will do good can really give you good returns even if we say you spend a lil bit of your savings. In some way, you are gambling here as you have no assurance if the game will survive long or not. But I believe, your chances of getting back your investments is relatively high, if in case you choose a strong gaming platform.

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That Zed Run horse racing game looks interesting. I’ve been meaning to check it out. Not sure how wise it would be to bet on that sort of thing (although I’m sure it’s fine) but it seems like it could be fun regardless and I hear you can do free races also. Just make sure you’re having fun, as the main benefit to gambling should be entertainment.

Topic: Are NFT games also another way to gamble your money? - page 8. (Read 2285 times)