Pages:
Author

Topic: Investing in Casino tokens such as BFG, OWL or TFS - page 19. (Read 8231 times)

full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
BFG Token has gained quite a reputation in this respect. BFG Token is currently listed on five exchanges including Dex and cex. They also have excellent staking programs running on their website. This coin may perform very well in the next bull market. So it should be taken that opportunity in this bear market.
discussing about BFG, currently betfury tokens are listed on;

pancakeswap
babyswap
biswap
apeswap
and cointiger

Until now I still hold several thousand BFG which I staking on the betfury site, I continue to hope that in the future BFG will be listed on major CEX exchanges such as Binance or Kucoin, but it seems the developer has other considerations
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

True, even less potential tends to move along hype inside the market.  So this casino token may be a good catch if we accumulate and hold it until the bear market ends.


As long as the developing team still exist and still doing their job not to have abandoned the project the chance still open for crypto assets that you are holding, Like with what I've mentioned these casino coins are still in progress they are building good relation in between gamblers and investors so the chance is really good if you accumulate more especially while the market still down.

It's your own take when you pick or select assets to hold. The more you go deeper, the higher the chance you'll pick the best and suitable project for your type of investment.
hero member
Activity: 3010
Merit: 629
In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.
Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.
Thats true. It's up to us where to invest that we think might be profitable to hold in the future. It's advisable to invest in established coins like Bitcoin, ETH, BNB etc. but if we think investing in casino tokens are also worth to try then why not? We're still in bearish season and majority of coins are declining, hence it's not surprising if casino coins are not performing well during this time. As long as you believe in the coins you hold and can wait longer then it's your choice.
sr. member
Activity: 2170
Merit: 254
In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.
Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.

Everybody has his own strategy. I agree that every portfolio needs to have bitcoin in its wallet but my share is about 50%. Other than that, I have a dozens of altcoins varying from ETH, BNB to shitcoins as SHIB and a small part of casino tokens.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Gambling tokens for investment look just like any other token with an idea - you can make huge profits, but only with the right token at the right time.

Due to many analysis gambling token have prospect compared to other tokens, do you know that in gambling there is always continuous program and development in as much the gambling site is still active and functional, there would be very large chance for token to worth more than any other dumped project out there, so it can't be compared to shitcoin and even many projects lack structures and basic developments. Must coin have been delisted due to inability to meetup market/exchange requirements.
In OWL i think there is a buyback mechanism which is set for the coin to be more valuable in time to come.
there will likely be good prices in the future in some gambling tokens, maybe 1/2/5 and as long as the gambling company is still actively developing the company. but isn't it better to invest in BTC or ETH which has a good chance in the next 1/2/5 years?
maybe it's okay to invest in some gambling tokens but at least maintain to choose some well-known coins that have a recognized track record from a good past. so that when in the future it comes when investing in gambling tokens and good coins (btc,eth) and after that the price reaches ATH will be more profitable.

this is just my point of view

This theory is not ruled out, I think that in the future if these casinos are well maintained, they will have these tokens as treasures so that few can access, this is something that normally we as players currently see as any currency, but when we see the development if they are going to be relevant, there are many who should already be buying, everything is beginning to develop due to the current market situation, it is something that cannot be avoided, because bitcoin is low, and while it is like this it is difficult for the demoas tokens and altcoins may arise, those who decide to invest right now is because they really have a way to cover possible losses.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS

-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.

It is always a good move to accumulate when the price of any token (not only these Casino token) plummet during a bear market.  We all know that after a bear market, the prices of cryptocurrency recover, and that is a very good time to take a profit after a long time of holding.

Any potential assets can move along with the hypes inside the market, as long as there're real usages and purpose from you hold coins you may expect to see god bounce when bull run starts to pump up. It's important to address all the factors that will drive you to choose what particular coins to hold.

Those casino coins are included with good potentials, the business still exists and the chance of seeing coins to pump is very possible.

Just have a good knowledge together with long patience, it will generate success if you are really aware of possible long wait.


True, even less potential tends to move along hype inside the market.  So this casino token may be a good catch if we accumulate and hold it until the bear market ends.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.

Any potential assets can move along with the hypes inside the market, as long as there're real usages and purpose from you hold coins you may expect to see god bounce when bull run starts to pump up. It's important to address all the factors that will drive you to choose what particular coins to hold.

Those casino coins are included with good potentials, the business still exists and the chance of seeing coins to pump is very possible.

Just have a good knowledge together with long patience, it will generate success if you are really aware of possible long wait.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
In the present condition of the altcoin market, it is not advisable to invest much in any altcoin at the moment even casino-based tokens like an owl, have been underperforming lately and could lead to possible loss of money if the market continues this way. Most of them have a very low trading volume at the moment.
Despite the market condition, investing in altcoin is not but investors need to invest 70% in Bitcoin while the 30% goes to the altcoin market and what I believe is important if you must invest in altcoin is making sure the coin was built on longevity, strong fundamentals, genuine utility, huge use case, and community support.
Any altcoin that has all these attributes will serve this bear market but I never support the idea of casino token investment because there's no reason for the token creation in the first place.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.
Before you buy any tokens or coins, make sure you know where you can store them other than on exchanges or gambling sites so you can feel safe and not worry about something bad happening. So during that waiting time, we can use our time for other things and maybe to seek profit from trading, not from gambling.

Indeed, when another altcoin season comes to the market, it can trigger almost all coins to rise to the top, which can be profitable for us. But when the altcoin season comes, no one will know and we can only wait.
sr. member
Activity: 840
Merit: 292
Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

-   It boosts the confidence of the cryptocurrency market if we can see the previously loved token values suddenly drop in the market, which in turn opens us up to a new hope of profiting in the future or an opportunity to buy now and then wait for the right time for altcoins seasons.

When it does come, most of the altcoins are sure to rise, not only do we not know when it will happen, but we think it will happen in the year 2024, so it's still quite a long time before we can accumulate potential altcoins and even gambling tokens, there is also a great chance that they will also increase as mentioned OWL, BFG, but of course be careful in the end in choosing what we buy to hold for a long time in our wallets.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Gambling tokens for investment look just like any other token with an idea - you can make huge profits, but only with the right token at the right time.

Due to many analysis gambling token have prospect compared to other tokens, do you know that in gambling there is always continuous program and development in as much the gambling site is still active and functional, there would be very large chance for token to worth more than any other dumped project out there, so it can't be compared to shitcoin and even many projects lack structures and basic developments. Must coin have been delisted due to inability to meetup market/exchange requirements.
In OWL i think there is a buyback mechanism which is set for the coin to be more valuable in time to come.
there will likely be good prices in the future in some gambling tokens, maybe 1/2/5 and as long as the gambling company is still actively developing the company. but isn't it better to invest in BTC or ETH which has a good chance in the next 1/2/5 years?
maybe it's okay to invest in some gambling tokens but at least maintain to choose some well-known coins that have a recognized track record from a good past. so that when in the future it comes when investing in gambling tokens and good coins (btc,eth) and after that the price reaches ATH will be more profitable.

this is just my point of view
hero member
Activity: 2086
Merit: 575

I do not own OWL, but basically people are just trying to earn an income from all of them, thats the point. I do not even know about TFS to be fair, that is a new one to me, but OWL and BFG has been around for a while and I can easily say that they could be a decent investment on a bull market, but makes no sense during the bear market. What I would suggest is hold stuff like btc or eth during bear market so you could make a profit when it goes up, after it goes up start holding owl or bfg because that will give you not just profit but also income, right now the income is not that good, but during bull it will surely become good.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform

It is indeed soon to tell how the price will move, if they manage to retain case use/volumen through the time then I would expect these tokens to perform very well during the next alt-season, specially if other casinos decide to mint their own tokes as well bringing awareness to these kind of assets.

The market has gone through the ICO fever, the DEFI fever and the NFT's/Play to Earn. Who knows? there is a chance the next big thing ends up being casino tokens.



-snip-

I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.

Do you have your tokens just sitting in your wallet or do you also stake them to earn some passive income while you way for higher prices?
If you stake your tokens I would like you to share your experience while using the owl Defi. I have already been given some insight on Betfury's staking plaftform but not Owl's.

Would you say liquidity of Owl token is good so it is easy to exchange for Bnb, Eth or btc whenever you need?

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

After seeing the movement of the three casino tokens, which are TFS, BFG and OWL, I think because the price is still very low, we don't need to use or risk too much to invest in those three tokens. And with the bull run season coming up again after this bear season, we can expect the three tokens or one of them to provide a hefty profit.

And indeed, in investing, we should always look for a good time to buy the coin or token so that we don't have to worry if the price drops. I also see that the prices of the three tokens tend to be stable at these numbers but we still have to analyze them first.

Just do a balance investment, if you can divide your spare money to invest with these three coins then hope that in bull season the value will pump high. Like what I've said it's on your take and how you believe in the future of this assets, the chance is always possible as you can take the long road and wait for the price to jump.

To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.

Good for those coin is to trade it for short time period because believing on something that great things will happen to them in future is so risky and we see how many casino didn't succeed to revive back the past ATH or even closer to its original price when it launch. Also most of the casino tokens I see is at bad shape at the moment so for investors thinking to invest on any casino owned tokens better take extra precaution and always be vigilant on your investment.

If that what you see from these types of project then so be it. If you can do short and scalp the market for this casino coins all depends from how will you take your profits and how you will risk your money from a possible losses if the maket failed your target.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.

Good for those coin is to trade it for short time period because believing on something that great things will happen to them in future is so risky and we see how many casino didn't succeed to revive back the past ATH or even closer to its original price when it launch. Also most of the casino tokens I see is at bad shape at the moment so for investors thinking to invest on any casino owned tokens better take extra precaution and always be vigilant on your investment.
hero member
Activity: 2548
Merit: 769
To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
These tokens are the same as the others. They have nothing behind them as all others. Haven`t you see the scam from casinos? It was a company behind and it doesn`t mean anything. Of course it is possible that it may be a good investment, but the same thing possible with any other token. Just DYOR before spending money and don`t buy 1 tokens for all the money.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
The accusations will be very impactful but only for players who come from this forum and previously owl casino has explained in detail their position on this accusation, I just think it's just the impact of the whole crypto market


I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.
Your trust to hold owl tokens will give you big profits if the olw casino continues to operate properly so that it has an impact on the token development.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
To me this makes sense, we also need to take into account that a great deal of the coins that we have in this market have nothing solid behind them and as such it is natural they are extremely susceptible to the manipulation that is going on in the markets, but when it comes to casino tokens we know there is a company behind them which can back up the price of their token with the number of clients they have and with the profits they have gotten over time, so it is not surprising that casino tokens seem to be more resistant to the fluctuations in the market.
I don't like to discourage anyone to invest their money in anything they believe is good for them, but they should always know that they are risking higher in some cases. Investing in shitcoins/tokens is not my thing irrespective of the companies behind them, I had a lot of experiences thinking that a token would rise because gambling or trusted companies are behind them, but I lost over 85% of my money in most cases. So, backings by any company or section are not the case, only that if the trader can afford to lose or risk higher, they should go for it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.
Based on your chart, Fairspin and BetFury can still survive and move up and down. Meanwhile, Owl tokens can still not move up and tend to stay at lower levels. But it's all still a mystery whether the Owl token still can't move up or whether the Owl token is waiting for a good moment to start increasing. But all those tokens still have a chance to go up high again, especially when the altcoin season is coming again. So you should find out more about those tokens before you start investing.
The crypto market is very uncertain now that we don't even know the next direction we should keep our eyes because the market had been ranging for long now and some investors does not even know whether they should keep buying or waiting for when to sell there holdings. Many of these casino coins are going to get momentum when investors are more convinced of what next the market will be heading to.
Investors will increase their confidence when the crypto market can reverse direction when the altcoin season returns. That will get them to start buying tokens and coins, and not just casino tokens, because, at that time, there will be a lot of coins and tokens that can go up high. And they hope that the casino tokens they already own can also follow other coins and tokens in reaching new highs. Well, this also means we will risk investing in lots of casino tokens and coins so we have to be careful in choosing them.

It is the time which every investor and traders are waiting; you are right, those people who already invested will probably to have a decent amount of profits. Once the market start to pump up. Not limited to established alternative coins but also those casino tokens who continually working and surviving in this bear season, they are also expected to perform once the bull run starts to work inside the market and pumps up crypto industry.

Investing is in your own decision making. Buy a token that you fully believe and support. Just have that long patience with you and continue to wait while watching how the market is moving.

After seeing the movement of the three casino tokens, which are TFS, BFG and OWL, I think because the price is still very low, we don't need to use or risk too much to invest in those three tokens. And with the bull run season coming up again after this bear season, we can expect the three tokens or one of them to provide a hefty profit.

And indeed, in investing, we should always look for a good time to buy the coin or token so that we don't have to worry if the price drops. I also see that the prices of the three tokens tend to be stable at these numbers but we still have to analyze them first.
full member
Activity: 2324
Merit: 175


Fair Spin and Betfury seem to be holding on fair okey, but Owl suffered a dip some days ago.
I wonder why and whether this has something to do with the accusations mentioned before against Owl and their relationship with Sandbox.



I have not given up on the Owl token in fact 90% of the token I accumulated during the time I was part of their signature campaign where they rewarded 70% on Owl token are still in my wallet, its just unfortunate that the second launching of the campaign they are not accepting full member, I have seen Owl Token ups and down, they are the only token in my portfolio that did not go down when the market is not doing good, in fact, it even goes up by 20%, those accusations did not weigh down Owl token and time will come that they will recover their all-time high, they have a usable and profitable platform and players are still loyal tot heir platform.
Pages:
Jump to: