Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 135. (Read 85288 times)

The idea is that there could be some coins pumping during bear market times, not all the time and maybe go back down but it is always possible and that is why it's such an important thing. I personally care about BFG a lot, even though I wouldn't be poor if it went to zero, the investment I have here is barely 1% of my portfolio so it's okay if it goes to zero, I will be fine, I have bigger daily swings than the whole investment I have here.

But to me, this is not just an investment but more like a statement. I believe in casino tokens to be good and that is why I invested into them. This statement is only true if BFG goes up as well and does well, it would make more sense that way.

It will make the price volatile, that is a fact. When BFG would get listed, the price will go the moon and have a massive drop also but it will stabilize itself afterwards. The liquidity will become much bigger also, which may (or may not) be a good thing in the long end. When they get listed on Binance, I will probably sell some coins to get some profit but I would always keep the majority of the coins on Betfury for the daily dividends.

That's true. In the volatile world of cryptocurrency, it's crucial to remember that past performance is not always indicative of future success. We should all be mindful of the inherent risks and to never invest more than we can comfortably afford to lose. After all, the crypto market is known for its unpredictability, so it's always wise to approach any investment with caution.

In the case of BFG, as the token of the BetFury site, its value may be tied to the success and adoption of the platform. If BetFury continues to grow and attract users, it's possible that demand for BFG could increase, potentially leading to price appreciation.

Also, not all coins which are at all time low at the moment will recover in the next bull market. Some coins may never reach their all time high again. This happened in 2017 bull market where coins like EoS which had a lot of hype failed to play any part in 2021 bull market. Same thing will happen with many altcoins in the next bull season.

So, we need to be careful in selecting the coins in this bear market and find their use cases that may remain relevant in the next bull season.  Since BFG is the token of the site BetFury, this means that as long as BetFury continues to exist, there is every chance that this token will reach its all time high price in next bull market.

We have FUN as an example. Still below 1 cent even after being listed on Binance for over 5 years now, even after FBC's takeover.

People have to accept the fact that Binance listing doesn't necessarily mean insta-Moon. Somemore with a sideways market.

I see. I agree that BFG is not the best altcoin for staking, and staking does not save from price drop. I guess many confuse the real purpose of BFG - this is not what will make you rich. This is only a reward, a gratitute, a candy every time you hit spin or place a bet, a sweatener that will make users gambling experience nicer.

I know that a lot expect BFG to get listed on Binance, token price to go sky and they get rich. But I think that is not what BetFury team aims on, and what will happen.

I suggest everyone better to focus on gambling and having fun, instead of thinking how to earn more with BetFury.

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

Well, I think they have analyzed being on Binance and listing, but I think it is not convenient for them because obviously, the market is very low and if they enter with a token the price will go much lower, I think they could enter Binance at the moment that they think is convenient and the most convenient time is when bitcoin begins its bullish trend and this is something very difficult to predict, meanwhile the interest in topkens is going down little by little, and many people do not believe much in the BFG token I have seen how many have sold their tokens, and they are not very interested, I think that if they want to save this they have to make very radical strategies.



Sometimes it is counterproductive because the USA is supposed to have much more freedom, but I think that in the same regulations that they put in context it limits a lot, I have a friend in the USA who only uses stake.us and he is delighted, but still he You want to try other casinos and you can't, so what I think is the following, too much freedom is actually a limitation? So it is safe to have so many protection mechanisms for users or else it becomes a double-edged sword. In the end, I don't know which will be better if it is to be in that protection or limit it to the fun mode, of course everything changes when they are physical casinos.

That is all because of the bear run we are in right now and not permanent, it is surely temporary. When the bull run comes you will see that people will be joining forces together to make sure the prices go up and they will trust Binance, hell some may even trust FTX to come back at that point and start using it if they can.

All in all I am going to be quite proud of our market very soon when the bull starts and all these suspicious behaviour and unsure movements of the market will be gone. Do not lose hope for now, BFG will do better, as long as we have faith in the betfury casino then we should keep investing into BFG as well for the future, both at the same time.

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

the current position may be safe enough not to keep BFG or other altcoins, we can see this clearly in the bear market, almost all of them have experienced a decrease in price, it's time to save fiat, we'll see in the future after the correction will save it again

I believe this started when I made a criticism on someone post about staking BFG tokens profit recover some loses during market. I just pointed out that not holding BFG tokens is safer from losses due to price dump rather than continue holding and staking.

My stand is not scolding BFG tokens poor performance compared to other altcpin but rather on how to play safe during bear season yet many user interpret it as criticism to BFG poor price performance.

I find it hard to understand why you guys keep scolding BFG for bad performance. Its price is completely following market trend. In addition, there are much more altcoins that have lost more % since their ATH. This of BFG as an addition when you gamble. There are much more gambling sites that did not give gamblers anything at all. So you should be happy that you get BFG and its value will go up when market changes its direction. And I might be wrong, but BFG token main idea was not to be as a long term investment that will make holders rich, it was more like a supportive asset.

Of course, if the bearish trend continues, it will have a negative impact on all alternative currencies, including BFG. In that case, BFG could be even lower than 1 cent, and it would probably be the best time to buy the token. The only thing worth noting is that the Betfury team has stopped updating its roadmap since the second quarter of this year for some reason, and I think it's not very good for those users who plan to buy the BFG token in the long term because it's unknown whether the team sticks to its project development plan or not.

Yes. This might be a bottom of the bear market or even if it isn't, it's not like anyone is looking for selling opportunities for their investments no matter what they hodl.

Even if you have already accumulated some tokens, for most tokens it's not a time for collecting profits. That's during or right after the bull market. However, as i have stated, BFG value isn't based on similar TA speculation that other tokens are and different rules could apply, but not any of them are based on the token price and TA.

The current market condition right now is a time that builders BUIDL without making noise about it, any project announcing a major development right now probably lack experience in marketing as such announcement will only lead to a small pump in the token price which will also quickly evaporate and the price will dump back to where it started from or even lower.
So I believe the BFG team know what they are doing, the future is surely bright for BFG token as long as the team remain on top of their game.

He's just comparing Okb and BFG but there's no sense for making that comparison since this two tokens have different case or scenarios reaching its ATH. Maybe for now we can't see a good performance with BFG but if they continue to be consistent on what updates they are providing then provably there's good effect will happen on their tokens to. For sure devs know what they are doing about that so maybe for now they settle to be like this but let see what will happen to them in future.

What has the OKB coin to do with this ? Never heard of this coin and yes for one reason, this coin is pumping today. But if you look in the coinmarketcap, there will always be some random coins that are pumping. Mid september 2021 is where BFG made its ATH so you are not making any valid points here. And we all know that 2022 was a bear market.

OKB [1] just click show the all time chart you will see this coin move against bear market.

If Betfury token is following the market condition, why not the price on October 2021 isn't pump higher than the first listing price on coinmarketcap? October 2021 is where Bitcoin made new ATH, so it's bullish market isn't? why Betfury token is keep decrease?

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[1] https://coinmarketcap.com/currencies/okb/

It is true that the market is in a lot of dip now.  But many are predicting that the market may dump more as the price of Bitcoin is likely to go to 10000.  If Bitcoin reaches $10,000 then the market will immediately dump every coin trying to maintain balance.  So it's not completely guaranteed that right now is the right time.  So it is not yet considered as the real time to invest.