Casino bankroll investment has already returned 20%-50% profit yearly to investors in the past at Crypto-Games.com, so I guess the 4%-5% APY margin offered by freebitco.in is pretty conservative considering this category of investment. For those who don't know, part of the money we deposit in freebitco.in to earn daily interest is used by the platform to fund their gambling bankroll.
- I quote this for reflexion. Just in case.
For a casino investment, offering 4% to 5% APY is quite low, in my opinion. Considering that casino investments are risky, it should be higher than that. Personally, I would take my money somewhere else where the risks are lower. In fact, banks in our country attract deposits by offering probably higher rates for time deposits per annum, so the percentage posted here is honestly quite low for an investment categorized as high risk.
Absolutely right and it's like you took the words off my mind, investing In casino's bankroll is like investing in degen meme coins; if I am allowed to compare this to crypto currency investment, the risk of doing this is very high, and looking at industry standards, risky investment usually come with a very much higher APY, this is what attracts investor to take the risk of participating in such investment, that is them making sure that the reward is worth the risk, because the more riskier something is, the more reward is pays out to those who were or are steel balled enough to take the risk.
The APY freebitco is offering for their bankroll investment is pretty low at 4% to 5%, if we should look around, we will find several investment opportunities with much lower risk compared to this, and with a much higher reward as well.
But all the same, I guess there are several people who won't even put this things in check or consider it all, they will just go ahead to invest, this is what I personally term as investing blindly, that is, investing without research.
