any investment in crypto always has a risk for weak hands for example if they buy expensive and sell it at a cheap price it will obviously not be profitable and will be detrimental, the market is bearish and everyone knows that too all crypto has decreased in price, so as long as betfury still operating as long as it also BFG will live on
What's advantageous about BFG Token is that they have a real product, namely the Betfury casino, which if we look at how they celebrate birthdays and also the Christmas giveaway offers big prizes, so that shows that they get quite a large income from casino operations that have been running for several years, because there are also token that has a gambling site but does not run as well as casino betfury
the question is not the good performance or not of the casino, the question is what is the usefulness of this BFG token, what does the BFG have that is better than Litecoin for example? than ETH for example? why would a whale buy the BFG? because someone would buy to create an account on an exchange and run the risk of going through KYC on that exchange and after buying the BFG go to play at the BetFury.io casino while that person could simply take BTC or LTC or any other altcoin and then play on BetFury .io? what is the point of a casino creating its own altcoin when in this market there are already many altcoins?
we have to analyze the feasibility of this type of thing, in a casino it already makes a profit for its owners, they have operating costs, they need people in the security department who know coding, so when a casino creates its own altcoin it means that this casino is active at the same time having to spend more on people's salaries, such as people who know about coding, marketing people, people who can manage the project well, the cost of listing the token for an exchange, creating a wallet for the token, creating a token increases a lot casino operating cost
In this scenario where a casino creates its own token, I wonder to what extent this casino is making a profit and managing to manage both? how many casinos created token and today it is successful? and when I talk about success I'm talking about the token being listed on all exchanges and being in the top places on coinmarketicap and the casino being at the top in terms of popularity, I honestly still haven't seen any casino that has created a token and that was successful