Investing in Casino tokens such as BFG, OWL or TFS - page 33.

DoublerHunter

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Quote from: uneng on July 30, 2022, 04:00:01 PM

Quote from: babygun on July 24, 2022, 05:37:05 PM

Quote from: uneng on July 24, 2022, 02:51:28 AM

Extra benefits inside the platform, just like a VIP program for loyal customers, so they increase their business' range to investors, rather than solely gamblers. From all casinos' tokens I prefer FUN, because freebitco.in offers benefits in bitcoin (extra interest rate), so you earn more bitcoins by investing in FUN, while also earning interest over FUN tokens during the period of time you choose locking your funds.
On the other hand, I would avoid venturing myself with tokens which don't offer advantages in bitcoin for holders and investors. Bitcoin must be always the focus in crypto market, doesn't matter how high are the yields paid by altcoins' investments.

I also invested in FUN tokens as the premium membership is interesting and with all the benefits that you get (WOF spins, extra interest on your BTC, cashback, ...), the ROI is rather short (around 1 year; depending on your luck also).

It will really depend on your luck and how many btcs you have invested on the platform. Solely from FUN interest income you can make up to 25% ROI, considering the proportionality between bitcoin and FUN remains stable during that time period.

By relying on luck is dangerous and I must confess I got wrecked by persuing cashback, hiting stop-loss. Attempting to decrease ROI time I ended losing money. So, be careful.

^ I have also a FUN token and I invested it last few months ago.
I know that this token has potential because the gambling casino freebitco.in was in service for how many years and I did not hear such major issues as scamming their users.
That is right, we must be careful even though it is trusted enough, it is always good to invest BTC than the altcoins that come from the casino, you will never know when they will exist. So holding it in the long run is still dangerous.

uneng

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Quote from: babygun on July 24, 2022, 05:37:05 PM

Quote from: uneng on July 24, 2022, 02:51:28 AM

Extra benefits inside the platform, just like a VIP program for loyal customers, so they increase their business' range to investors, rather than solely gamblers. From all casinos' tokens I prefer FUN, because freebitco.in offers benefits in bitcoin (extra interest rate), so you earn more bitcoins by investing in FUN, while also earning interest over FUN tokens during the period of time you choose locking your funds.
On the other hand, I would avoid venturing myself with tokens which don't offer advantages in bitcoin for holders and investors. Bitcoin must be always the focus in crypto market, doesn't matter how high are the yields paid by altcoins' investments.

I also invested in FUN tokens as the premium membership is interesting and with all the benefits that you get (WOF spins, extra interest on your BTC, cashback, ...), the ROI is rather short (around 1 year; depending on your luck also).

It will really depend on your luck and how many btcs you have invested on the platform. Solely from FUN interest income you can make up to 25% ROI, considering the proportionality between bitcoin and FUN remains stable during that time period.

By relying on luck is dangerous and I must confess I got wrecked by persuing cashback, hiting stop-loss. Attempting to decrease ROI time I ended losing money. So, be careful.

smartaction

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Quote from: UmerIdrees on July 30, 2022, 10:48:09 AM

Quote from: AbuBhakar on July 30, 2022, 10:24:44 AM

Quote from: babygun on July 30, 2022, 03:41:10 AM

Quote from: cabron on July 29, 2022, 02:25:11 AM

With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.

I miss Betfury bounty campaign and signature campaign. When they shared BFG tokens for Bounty and Signature Campaign a long time ago. Those who joined and worked on the Betfury campaign then. They received many BFG tokens. Staking those tokens got a lot of rewards and is still getting them. now i have only way to buy BFG token and stake it he he

Fredomago

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Quote from: UmerIdrees on July 30, 2022, 10:48:09 AM

No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

UmerIdrees

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Quote from: AbuBhakar on July 30, 2022, 10:24:44 AM

Quote from: babygun on July 30, 2022, 03:41:10 AM

Quote from: cabron on July 29, 2022, 02:25:11 AM

With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

No need to regret if you did not join the bounty campaigns and feel that you are left out on the tokens accumuation. It is not very easy to join the campaigns for everyone. By the way, the prices of these coins are still very low and you can buy these coins and keep them for the future. I am sure you will still earn a lot of profit by just holding these coins until they are listed on Binance or any other major platforms.

virasog

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Quote from: Oilacris on July 17, 2022, 03:31:05 PM

Quote from: virasog on July 17, 2022, 12:13:44 PM

Quote from: Eureka_07 on July 17, 2022, 11:05:26 AM

Quote from: Get-Paid.com on July 13, 2022, 04:17:03 AM

I think all these three casino tokens are good and are already established good reputation and market. But to choose between the three right now, I think I will not choose the one that has been risen up in value. There could be reasons that it's only a short period of hype, but I believe on other coins that has been down so much right now, I think they will recover soon enough. Not an investment advice.

Yes, why would anyone invest in anyone of them? Why not divide your investment in all of these tokens? This way you will get reduce the risk in case any token/platform does not perform well.

Generally, all of these tokens are good ones as they have a perfect use case as they are the tokens of the gambling platform and people use these tokens to gamble on these sites.

Some of the coins arent really that in line with its company itself yet there are traders which do scalp out with this coins volatility which arent really that connected on whats happening around on the platform which does simply means that it is really truly an independent type of reason on such movement or able to sustain out on a market that do really shows off opposition.

When you do make out decisions on investing with these coins then it is really that depending on you since its your money and if you do see that it is really worth for you to dive in then
its your choice on doing so.

There's nothing on this world could able to predict out on whats ahead specially on things that we do expect for its value to rise.Diversifying would be a solution
but we know that not all does have the funds on doing so.

I am not saying to invest in only these three coins as these are the high potential gambling platform coins. The portfolio must contain bitcoins along with some other high volume coins. We could invest around 10% of our portfolio in these gambling coins and divide them between BFG, OWL and TFS.
Even if someone is low on funds, they could just make the investment based on the percentage value of the whole portfolio.

AbuBhakar

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Quote from: babygun on July 30, 2022, 03:41:10 AM

Quote from: cabron on July 29, 2022, 02:25:11 AM

With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I remember those bounty campaign and I regret for not joining it because most of bounty campaign that time is scam so I got scared on joining any of them. Betfury launch signature campaign multiple times this year and last year aside from there bounty campaigns. They have the money to have a decent marketing and partnership, I guess binance listing is very possible on this casino tokens.

coin-investor

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Quote from: babygun on July 30, 2022, 03:41:10 AM

Quote from: cabron on July 29, 2022, 02:25:11 AM

With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

I'm part of the bounty campaign when they are launching their ICO and it was the best bounty campaign I joined, I made a good profit from this bounty by staking my rewards unfortunately I made a bad decision of playing half of it and lost it and sold part of my remaining rewards when I had an emergency but now I'm accumulating it because I believe it's potential, they are true to all their promise and working hard to get into the top exchanges that I know they will in the future.
So far their reputation here in Bitcoin is still good, they are competitive and who knows in the future they might become one of the top 3 casinos in the industry.

babygun

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Quote from: cabron on July 29, 2022, 02:25:11 AM

With BFG as far as I know there are more users got who their token in investment thru the campaign they did. I'm not sure who profitable it is when the revenue is shared to the holders. But I would assume it is profitable since Betfury becomes popular.

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

They did a big bounty campaign 2 years ago where they gave away a nice amount of BFG, but the majority of the tokens has been mined by playing the in-house games or third party slots. If you browse through the Betfury topic, you will also see that they are working to get listed on some major exchanges (including Binance). It will take a lot time but hopefully they will get listed.

Fredomago

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Quote from: capedbaldy on July 30, 2022, 01:32:11 AM

Quote from: CuriousGeorge on July 29, 2022, 10:09:09 PM

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.

Community interest and how investors are working with the developers, gambling coins if focus to how the business will grow have a good potential in terms of succeeding, the value may rise high and it luck permits to those early stakers they can be achieve the value that they are aiming before selling their assets.

It's going to depend on how you deal with your proper study and deeper research to how the business will progress and achieved success,.

capedbaldy

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Quote from: CuriousGeorge on July 29, 2022, 10:09:09 PM

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.

dezoel

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Quote from: LUCKMCFLY on July 28, 2022, 06:28:52 PM

I think that people who want to invest in these tokens, whatever it is, it is up to them in particular, I could not give advice depending on what a person wants, if they want to invest in a token, just because they like it, they are free to do it, if you want to invest in a token looking for profitability, you are also free to do so, but you have to bear in mind that when doing so you must wait as long as necessary, and this is decided by the btc market, because the btc it is the only crypto asset that has its own life and not another currency, when taking these things into account, it is necessary to know that the investor must be aware of how the crypto market moves, so that he knows what to expect.

The tokens that we have here aren't just an ordinary token so don't say "whatever it is". Gambler or not, bfg owl and tfs is a must to be added on our portfolio because they have a big potential. The gambling site which owns these tokens still continues to grow and improve and many of its players are also getting these tokens.

If the coin that we are talking about are scams then that was the time to warn or restrict others to not invest on that coin. As a part of this community we also want others to succeed not only us. Btc is not only the coin that has its own life but also the coins that are featured here. They are backed by a casino and its players. That is what makes them alive.

CuriousGeorge

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Quote from: erep on July 28, 2022, 12:26:01 PM

Quote from: darkangel11 on July 28, 2022, 11:30:52 AM

It did, but it also crashed a lot when Bitcoin wasn't crashing. The fact that it didn't go down in price when bitcoin did only proves that this coin is more detached from bitcoin. Less influenced by bitcoin doesn't mean good, stable, worth buying. It crashed by itself, without the need for bitcoin to crash. When bitcoin went down a mere 15% OWL already corrected 60%, so it's obviously a weaker coin that people get rid of first in times of uncertainty.

OWL only increases +2% when Bitcoin market recovery reaches +10%, if it affects market support then OWL will increase high, but OWL drops 60% when bitcoin only drops 15%, should not be affected from the market because there is no pair to BTC so the price OWL remains stable. However, holding gambling altcoins is very risky and does not guarantee long-term investment.

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

KennyR

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Quote from: minime0105 on July 29, 2022, 05:53:27 PM

Quote from: inanilujimi on July 28, 2022, 02:04:01 PM

Investing in Casino tokens is like investing in token exchange, they have an existing platform and always benefit from the people who use it. if their capital strength is big enough they can easily steal the attention in the market.

Does casino have their own token or they use cryptocurrency of Fiat currency to operate with I never knew that casino I have it on token so all this is becoming new to me where I stand on is that casino is being fund with a Fiat currency. And I would like to confess that today is my first hearing of casino token being used play in any of the casino play in casino game according to you.

Long back itself casinos have got their own tokens. In some platforms these tokens were provided as claimable at some time interval. These tokens haven't been marketed much. Most of the casino tokens provide you with the staking access. Through this according to the profit from the house the users will be shared with tokens.

minime0105

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Quote from: inanilujimi on July 28, 2022, 02:04:01 PM

Investing in Casino tokens is like investing in token exchange, they have an existing platform and always benefit from the people who use it. if their capital strength is big enough they can easily steal the attention in the market.

Does casino have their own token or they use cryptocurrency of Fiat currency to operate with I never knew that casino I have it on token so all this is becoming new to me where I stand on is that casino is being fund with a Fiat currency. And I would like to confess that today is my first hearing of casino token being used play in any of the casino play in casino game according to you.

wallet4bitcoin

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Before investing we should know some facts. We need to look at circulating and max supply, market cap and of course trading volume. Most people I know deposit casino with stable currency.

And if the token stakeable and there is an opportunity to increase the supply by staking, Maximum time that can not balance with the market price. I always like to invest in
highly usable cryptos, like BTC, ETH

Coin_trader

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Quote from: Sensetive03 on July 29, 2022, 06:17:05 AM

you can add rollbit token

Sadly this is not a thread dedicated for the list of casino utility tokens but rather this thread is a general discussion about investing on it as a whole and not in specific coin. Maybe creating a list thread is good idea by the way to track performances of all casino utility tokens that has an ANN thread here in the forum.

I definitely interested on starting thread like this.

aioc

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Quote from: Taskford on July 29, 2022, 05:28:46 AM

And I never trust those casino who start with ICO because we don't know if they can provide quality platform for us to play like top tier casinos exist here.

Don't generalize you may have a bad experience from the casino with ICO but Betfury proves to be an exception, they have a competitive platform, they have a huge community, and they do marketing campaigns from time to time, Betfury is very successful as a casino coming from ICO.

Quote

The tokens mentioned by OP is actually not bad option and its up for investor if they take risk to accumulate those tokens.

So far BFG and Owltoken are doing good, I don't think it's bad options it's just you not making research on the profitability of the token based on how good their platforms are, they may not be listed on big exchanges, but they will soon be.

Sensetive03

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you can add rollbit token

livingfree

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Quote from: cabron on July 29, 2022, 02:25:11 AM

What is to worry with casino token is that they are not listed on big major exchanges. I don't see it going there like it is innovative enough for the tech loving guys out there. This is the kind of token that will serve more for the team.

Yeah, most of them are not listed in big exchanges but there are some that are listed on those major exchanges and has got a decent volume. CMIIW, tokens like FUN is from freebitcoin, right?

It's listed on many exchanges and binance is one of them. I can see that they're innovative with that project and seriously and continuously working on it. Unlike the other projects and tokens, they don't dedicate that much after the crowdfunding and if they've got that much profit on it.

Still depends on the likes of the investors if they're into these type of tokens because majority of them offers passive income through staking of these native casino tokens.

Topic: Investing in Casino tokens such as BFG, OWL or TFS - page 33. (Read 8244 times)