I wasn't really considering this as something that would be vital, something that would be viable even, because it just didn't look like something that would make me a lot of profit, since most of the time it fails, Casinos and their tokens do not go hand in hand together. I believe there is a good case to be made about investing in a token of ab business, because if the business profits then the token goes up and that makes sense for sure, but casinos are not those ones. Something more tech related could maybe apply to this and work. However, recently I start to feel like maybe it could work, maybe I will go into BFG and owl for like 100$ each to see how it goes.
Many of the casinos that has a crypto project in this forum had good project which the coin has good chances of doing more in time to come in respective of what people think now that some of these projects are just casinos and cam die off anytime. If we think these coins have good chances to move well then we can buy it and hold for some times.
Topic: Investing in Casino tokens such as BFG, OWL or TFS - page 6. (Read 8231 times)
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
By the way, I found that BFG is still very well tolerated by the crisis caused by the collapse of the FTX crypto exchange.
All cryptocurrencies, and even bitcoin and ethereum, are falling in price together, and the BFG token, on the contrary, has either been stable or even growing in price in recent days. It seems that this token already occupies a certain niche, which may even become such a temporary haven for small investments over time. Moreover, for periods of acute crises, such as the one that has been going on for more than 10 days after the SBF story.
Recent FTX drama doesn't make any huge effect with any of casino's token. Like BFG, the price seems stable not because it's not affected by FTX drama, but rather because it only has small volume trade. Now it's has $240,000 volume trade, which compared low for a volume coin trade. It also only listed on bitswap and many other small other exchanges and DEX. All cryptocurrencies, and even bitcoin and ethereum, are falling in price together, and the BFG token, on the contrary, has either been stable or even growing in price in recent days. It seems that this token already occupies a certain niche, which may even become such a temporary haven for small investments over time. Moreover, for periods of acute crises, such as the one that has been going on for more than 10 days after the SBF story.
By the way, I found that BFG is still very well tolerated by the crisis caused by the collapse of the FTX crypto exchange.
All cryptocurrencies, and even bitcoin and ethereum, are falling in price together, and the BFG token, on the contrary, has either been stable or even growing in price in recent days. It seems that this token already occupies a certain niche, which may even become such a temporary haven for small investments over time. Moreover, for periods of acute crises, such as the one that has been going on for more than 10 days after the SBF story.
All cryptocurrencies, and even bitcoin and ethereum, are falling in price together, and the BFG token, on the contrary, has either been stable or even growing in price in recent days. It seems that this token already occupies a certain niche, which may even become such a temporary haven for small investments over time. Moreover, for periods of acute crises, such as the one that has been going on for more than 10 days after the SBF story.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Most gamblers are smart and that is why they take risk because they think they can outsmart the house by playing in a smart way. They know if what is investing and many of them are in fact already involved it. Some gamblers are addicted and can spend most of their time inside the casino but this does not affect their investment because investing does not need monitoring.Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
This is different with trading. There are different risk levels of investment but gamblers are ready with that. They are already used to taking risk. Tokens in 2018 are mostly from ico's so it's normal that they won't go well but these casino tokens that we have here are different.
I wasn't really considering this as something that would be vital, something that would be viable even, because it just didn't look like something that would make me a lot of profit, since most of the time it fails, Casinos and their tokens do not go hand in hand together. I believe there is a good case to be made about investing in a token of ab business, because if the business profits then the token goes up and that makes sense for sure, but casinos are not those ones. Something more tech related could maybe apply to this and work. However, recently I start to feel like maybe it could work, maybe I will go into BFG and owl for like 100$ each to see how it goes.
Many of the casinos that has a crypto project in this forum had good project which the coin has good chances of doing more in time to come in respective of what people think now that some of these projects are just casinos and cam die off anytime. If we think these coins have good chances to move well then we can buy it and hold for some times. 
If your minimum wage is $17 per months, that investing $850 to get $1 a day is something unreal. And you will get this $1 as 0.53 USDT, 1.27 TRX, 729sat, 0.0006 BNB and 0.000073 ETH. BetFury minimum withdrawal amounts for some altcoins are quite high, so it will take time before you can withdraw them. Such investment wont be a solution for low salary as you will have to wait some time before you will be able to withdraw and loose on withdrawal fees.
https://betfury.io/staking
Except it doesn't work quite like that. You can't just say that when you invest "$850 you'll get $1 a day" as you don't count in the inflation as the overall token supply grows those dividends will drop over time pretty fast and eventually you are not going to get almost anything with your investment. Imho it's highly unethical to tell someone who makes $17 per month that he is going to get anywhere with that tactic. What if he takes a loan because your math and can't pay back? Do you know where I can find more documentation on this staking pool or what other casinos offer similar yield to their clients?
I have no intentions to stake just get informed on how they manage to keep that yield so high.
I have no intentions to stake just get informed on how they manage to keep that yield so high.
https://betfury.io/staking
I wasn't really considering this as something that would be vital, something that would be viable even, because it just didn't look like something that would make me a lot of profit, since most of the time it fails, Casinos and their tokens do not go hand in hand together. I believe there is a good case to be made about investing in a token of ab business, because if the business profits then the token goes up and that makes sense for sure, but casinos are not those ones. Something more tech related could maybe apply to this and work. However, recently I start to feel like maybe it could work, maybe I will go into BFG and owl for like 100$ each to see how it goes.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Well, you don't need to know anything about investing when it comes to dividend-based casinos. You just play your favorite games and you are getting casino tokens, simply by holding them you will get some daily payouts. As Get-Paid wrote, these tokens are a better alternative, there's no hassle with KYC and crazy procedures, and everything is simple and easy.
But I know that many members of the forum don't see these tokens as something that can be obtained by gambling and enjoying gambling, but as an investment, like any other investment.
On BFG you can obtain their native token from playing and also from staking too, on your dashboard you have an option if you want your profit to be in 5 Cryptocurrencies or BFG I always choose BFG to increase my BFG, and on Owl token you have to participate in their pool https://owldao.io/pool and choose Owl token as your reward, there are two ways to earn from the increase of the price or from staking these are one of the features of these tokens but of course, their casino platform is their main feature.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Well, you don't need to know anything about investing when it comes to dividend-based casinos. You just play your favorite games and you are getting casino tokens, simply by holding them you will get some daily payouts. As Get-Paid wrote, these tokens are a better alternative, there's no hassle with KYC and crazy procedures, and everything is simple and easy.
But I know that many members of the forum don't see these tokens as something that can be obtained by gambling and enjoying gambling, but as an investment, like any other investment.
On BFG you can obtain their native token from playing and also from staking too, on your dashboard you have an option if you want your profit to be in 5 Cryptocurrencies or BFG I always choose BFG to increase my BFG, and on Owl token you have to participate in their pool https://owldao.io/pool and choose Owl token as your reward, there are two ways to earn from the increase of the price or from staking these are one of the features of these tokens but of course, their casino platform is their main feature.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Well, you don't need to know anything about investing when it comes to dividend-based casinos. You just play your favorite games and you are getting casino tokens, simply by holding them you will get some daily payouts. As Get-Paid wrote, these tokens are a better alternative, there's no hassle with KYC and crazy procedures, and everything is simple and easy.
But I know that many members of the forum don't see these tokens as something that can be obtained by gambling and enjoying gambling, but as an investment, like any other investment.
on the platform itself in talking about utility.Speaking about investment then everything could really turn out to be an investment and its up to someones perspective and risk taking because not all would really be seeing these casino tokens would really be worth on holding it for too long.Usually their tokens is really just been tied up with their current reputation or popularity which means the demand of those coins
or simply its value will really be basing up with this and on other hand it could really be affected by the market condition as well.This is why its never been predictable if we do talk about price movement.
There's no way that you could really be able to see if its worth or not for long term.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Well, you don't need to know anything about investing when it comes to dividend-based casinos. You just play your favorite games and you are getting casino tokens, simply by holding them you will get some daily payouts. As Get-Paid wrote, these tokens are a better alternative, there's no hassle with KYC and crazy procedures, and everything is simple and easy.
But I know that many members of the forum don't see these tokens as something that can be obtained by gambling and enjoying gambling, but as an investment, like any other investment.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
Every player I think knows little about investment, that's what I think because if he has all his experience in games, I think he has little time left to learn about investment and its things, all investment requires a low or high degree of risk and that It is what every player must take into consideration, I do not see a better way to say that each person is responsible for their actions and especially their way of putting the dionero.
Investors who invest in tokens know what the risks are, something like that cannot be explained to investors because they have a good experience, and I remember from 2018 that some investments in tokens sometimes did not go very well.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
If you consider the fact William Hill, Ladbrokes, Paddy Power are businesses that have been live for so many years, and people "invest" in them via shares in the stock market - then these tokens offer a much better alternative without the hassles of getting involved with the stock market.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Indeed, after you do your research and you are convinced that the project will bring profit it's you who will decide for your investment, your comparison is valid and whether the investor is leaning with staking rewards or he's just waiting for the value to increase the sure thing is as long as he's doing his investment to earn profits that's good, otherwise, if he invest just because someone tells him that he should invest and the project got a good potential then the chance of losing is possible.
In doing research we must look at the subjects' fundamentals and should observe the market longer. Because sometimes an error in research may happen if we do the market research during the pump or hype. Continuous observation or longer observation is needed to be able to identify the actual market of the subject.But if we can do some research before deciding, it will be useful because we will know which tokens have a chance to make it big in the future. But be careful in your decision because there is still no guarantee that the token's price will increase in the future. And only use the money you can afford to invest so that the loss will not be too big.
Well, this market study I think you mean a fundamental analysis s? if so, it is very difficult to do it at the moment, there are many things that can happen worldwide, but nevertheless you have to have faith in something that will not fail. bitcoin will rise in price, that's a fact, the only thing is that it is not known when it will happen, at the moment the price rises the altcoins will also rise as an immediate effect because they are dependent on Bitcoin, like these toekns, and more these because they are from casinos, they have a better project and a great support, I do not see anything wrong with the fact that it can be bought, however we must take into account that it can be lost, nothing is certain.
And if we talk about tokens, where the price of these tokens must follow bitcoin price movements, maybe we need to look for other information directly on the site so we can find reasons why we should invest in casino tokens. I guess it would make more sense if we could get some information from them and decide to invest in those casino tokens. But we must remember never exceed the limits we can afford to invest.
Definitely this is one of the things that should always be done, when we do a research work it will always contribute to what we are looking for, if we want to obtain first-line information, nothing better than seeing it from the corresponding site, all this is valid, what happens is that sometimes we have to do other things, other investments, or just play sometimes time passes there, I am a person that sometimes when I need to relax I go to stake.com, or bitcasino. io and I play a good round of slots, so sometimes these things take time and sometimes we can neglect certain project details.
Indeed, after you do your research and you are convinced that the project will bring profit it's you who will decide for your investment, your comparison is valid and whether the investor is leaning with staking rewards or he's just waiting for the value to increase the sure thing is as long as he's doing his investment to earn profits that's good, otherwise, if he invest just because someone tells him that he should invest and the project got a good potential then the chance of losing is possible.
In doing research we must look at the subjects' fundamentals and should observe the market longer. Because sometimes an error in research may happen if we do the market research during the pump or hype. Continuous observation or longer observation is needed to be able to identify the actual market of the subject.But if we can do some research before deciding, it will be useful because we will know which tokens have a chance to make it big in the future. But be careful in your decision because there is still no guarantee that the token's price will increase in the future. And only use the money you can afford to invest so that the loss will not be too big.
Well, this market study I think you mean a fundamental analysis s? if so, it is very difficult to do it at the moment, there are many things that can happen worldwide, but nevertheless you have to have faith in something that will not fail. bitcoin will rise in price, that's a fact, the only thing is that it is not known when it will happen, at the moment the price rises the altcoins will also rise as an immediate effect because they are dependent on Bitcoin, like these toekns, and more these because they are from casinos, they have a better project and a great support, I do not see anything wrong with the fact that it can be bought, however we must take into account that it can be lost, nothing is certain.
And if we talk about tokens, where the price of these tokens must follow bitcoin price movements, maybe we need to look for other information directly on the site so we can find reasons why we should invest in casino tokens. I guess it would make more sense if we could get some information from them and decide to invest in those casino tokens. But we must remember never exceed the limits we can afford to invest.
Definitely this is one of the things that should always be done, when we do a research work it will always contribute to what we are looking for, if we want to obtain first-line information, nothing better than seeing it from the corresponding site, all this is valid, what happens is that sometimes we have to do other things, other investments, or just play sometimes time passes there, I am a person that sometimes when I need to relax I go to stake.com, or bitcasino. io and I play a good round of slots, so sometimes these things take time and sometimes we can neglect certain project details.
- BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
BFG token is very much difficult to transfer. Most people are complaining that they cannot withdraw, send or transfer the token to another wallet. Base on the experience I face as a local vendor. I would not advise people to buy BFG token. Untill they made their service for easy transaction. The connection chain for the transaction process is too cumbersome. You will go to pancakes swap, then BNB Smart Chain. Oh Jesus Christ. It is not advisable buy.
things or guides which you could follow on. https://www.youtube.com/watch?v=P6_cy9U6jeI
Speaking about investing then these kind of obstacles or hassles wont really affect you out if you are really that eager
on buying this casino tokens.I havent tested out about on transfers though if its really that slow or connection chain is shit or not.
Though the situation right now is not in the favor of investor but chances still remain the same, if the bull come strong the
value will pump eventually,.
or trend whether its on bearish or bullish and its really hard to make out decisions and this is where risk taking would take place.
Though the situation right now is not in the favor of investor but chances still remain the same, if the bull come strong the
value will pump eventually,.
or trend whether its on bearish or bullish and its really hard to make out decisions and this is where risk taking would take place.
The very reason that you need to work with your research and not just quickly invest your money with any particular coin that you will use as token of your investment, casino tokens are also project that introduce potential profits, by picking this coin you are supporting the project and the development of the business. You won't be wasting your money if you do your research and you set both your buying position and selling position the way you understand the market will turn when you pick the coin as an investment.
Though, in reality, all investment have corresponding risk and potential benefits, it so happen that with casino token you are more on how the business will be developed and attract more gamblers to play around and continue to generate profits.
Looking at the history of trading on BFG, for example, I found that fluctuations in the price of the token are not at all that bad compared to most altcoins, where these fluctuations can be 10 times or more. And this is just confirmation that potentially such tokens can of course be used as an investment tool. Well, risky investing, of course.
See for yourself what the Coingecko data shows us:
BetFury Price $0.01271626. (nov 15,2022)
24h Low / 24h High $0.01205719 / $0.01282903
7d Low / 7d High $0.01123189 / $0.01405470
Trading Volume $188,340
All-Time High $0.03656754 -65.3%. Sep 08, 2021 (about 1 year)
All-Time Low $0.01019117 24.5%. Nov 12, 2022 (3 days)
Link
But with OWL, the situation is much worse there, the exchange rate fluctuations are just huge. Apparently, Betfury is a fairly powerful casino and, accordingly, the token is more stable.
See for yourself what the Coingecko data shows us:
BetFury Price $0.01271626. (nov 15,2022)
24h Low / 24h High $0.01205719 / $0.01282903
7d Low / 7d High $0.01123189 / $0.01405470
Trading Volume $188,340
All-Time High $0.03656754 -65.3%. Sep 08, 2021 (about 1 year)
All-Time Low $0.01019117 24.5%. Nov 12, 2022 (3 days)
Link
But with OWL, the situation is much worse there, the exchange rate fluctuations are just huge. Apparently, Betfury is a fairly powerful casino and, accordingly, the token is more stable.
- BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
BFG token is very much difficult to transfer. Most people are complaining that they cannot withdraw, send or transfer the token to another wallet. Base on the experience I face as a local vendor. I would not advise people to buy BFG token. Untill they made their service for easy transaction. The connection chain for the transaction process is too cumbersome. You will go to pancakes swap, then BNB Smart Chain. Oh Jesus Christ. It is not advisable buy.
things or guides which you could follow on. https://www.youtube.com/watch?v=P6_cy9U6jeI
Speaking about investing then these kind of obstacles or hassles wont really affect you out if you are really that eager
on buying this casino tokens.I havent tested out about on transfers though if its really that slow or connection chain is shit or not.
Though the situation right now is not in the favor of investor but chances still remain the same, if the bull come strong the
value will pump eventually,.
or trend whether its on bearish or bullish and its really hard to make out decisions and this is where risk taking would take place.
There are few gambling tokens wherein market prices gone up. Most of the time, the market value of gambling token is either stable or falling. Stable because its supply si continuously circulating because it id a token being used in a gambling platform, demand won't be that high because on the usual, the token supply is huge. To fall on the other hand has a tendency especially if the gambling platform itself did not manage to attract the attention of many gamblers. Much better if you would directly invest to the project itself thru 'shares' if you are really looking for profit from investing in gambling related projects such as with what I have tried doing (earned some profit but BTC affected the profit. But I won't point finger to other factors, I also made some errors, but the idea is there already). Here's the thread (not as updated as before, quite busy these days but I'll follow it up maybe next week or month):
https://bitcointalksearch.org/topic/m.54203954
Feel free to thow your opinions as well.
Those who gone up must be from the popular casinos. It's hard to ignore the tokens because they can have certain benefits and investing on them is another way of showing your support to the casino that you love. Not just gambling tokens but the movements of a common crypto are also like that. They are not stable in short. https://bitcointalksearch.org/topic/m.54203954
Feel free to thow your opinions as well.
This is normal and this is not bad but it was an advantage because it enable us to buy low and sell high. Some of the gambling tokens have a huge supply but a casino can add a burning mechanism to greatly lessen the tokens supply. If you don't want your profit to be affected by btc then you better convert them into stable coins. For some casinos, they are giving returns in stable coins, which are great.
decision and movement or potential movement of a gambling based token couldnt really be known but as long there are people who do actively trade or buy it then its value could always be having the potential
or chance whether it would be going up or down.We know that investment does always correlate or involved risk and thats the importance on which you do make yourself
that prepared.
Risk and potential benifits, you as investor is the only person who can decide to what might be the potential outcome of chosen investment, whatever kind of investment even it's a casino base asset or just another regular crypto, the decision always depends from how you manage to engage with the development of such asset.
Keeping the coin while earning with the staking rewards is one of those feature that investors hold for this kind of projects,
chance to grow the numbers of coins while waiting for the pump.
Though the situation right now is not in the favor of investor but chances still remain the same, if the bull come strong the
value will pump eventually,.
- BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
BFG token is very much difficult to transfer. Most people are complaining that they cannot withdraw, send or transfer the token to another wallet. Base on the experience I face as a local vendor. I would not advise people to buy BFG token. Untill they made their service for easy transaction. The connection chain for the transaction process is too cumbersome. You will go to pancakes swap, then BNB Smart Chain. Oh Jesus Christ. It is not advisable buy.
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