Investing in Casino tokens such as BFG, OWL or TFS - page 8.

Piesel

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There are many of the casino token that has good foundation and have a nice team that keep making way for the token.
Some also do not have sound team that will make sure that there project will always be on a bullish move. I like some of the casinos token we have here and many of them will do well in the market. Because they are prepared and ready to face what it takes to push their project to the moon.

Yes we have so many casino tokens that are also doing great in the market both in trading and staking rewards, owl is just one of the performing casino tokens but the bear market have also affected owl market volume and the price have struggled to recover for a while now.

On the other hand not all token team are prepared to face the market at all tome since the crypto market is unpredictable so anything can happen to price.

ethereumhunter

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Quote from: Fredomago on October 30, 2022, 12:29:07 PM

Quote from: ethereumhunter on October 30, 2022, 06:25:33 AM

Quote from: serjent05 on October 29, 2022, 01:48:08 PM

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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 sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

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.

Just like the post above you said, better observation will allow you to avoid making mistake though if luck permits just like how those who tailed Elon Musk, look now with how Doge and Shiba is doing both are being hyped and we never know how long and how high it can be pump. A case to case consideration, in case you are just being guided by a friend or relative who is investing with these two coins they are gaining decent.

Same deal with casino tokens. If you know how to deal with your investment with the risk and benefits, you will be able to take care of your business in whatever direction you think you'll be getting decent profits out of your investment.

And it seems that the prices of Doge and Shiba are still able to stay at the current figure even though there is a decline for Shiba. But if people just followed Elon without seeing any progress on his project, it's unlikely they would be able to keep up with him. And that's what we have to do also in casino tokens or other tokens so that we don't make the wrong decisions in investing. After all, it's our money that we should put to good use and not make decisions based on what's going on in the market, but we do know if the project is good.

Quote from: serjent05 on October 30, 2022, 12:54:24 PM

Quote from: ethereumhunter on October 30, 2022, 06:25:33 AM

Quote from: serjent05 on October 29, 2022, 01:48:08 PM

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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 sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

I believe no one gets bored when it involves money. No matter how hard is the process, if we talk about money gain people will have patience about it unless that person doesn't need profit from his investments. Those who doesn't do their research and is driven by other peoples suggestion are just newbies in the industry. I agree that there is high possibility that listening to other hype without doing any research can harm our funds.

If it involves money, people probably won't get bored because there is another factor, greed, that wants to make big profits quickly. This can be a trap for those who don't research and only hope to see results. Hopefully, people who invest in any coin will not rush to choose the coin and will always do their research to choose the right coin later.

serjent05

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Quote from: ethereumhunter on October 30, 2022, 06:25:33 AM

Quote from: serjent05 on October 29, 2022, 01:48:08 PM

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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 sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

I believe no one gets bored when it involves money. No matter how hard is the process, if we talk about money gain people will have patience about it unless that person doesn't need profit from his investments. Those who doesn't do their research and is driven by other peoples suggestion are just newbies in the industry. I agree that there is high possibility that listening to other hype without doing any research can harm our funds.

Quote from: ethereumhunter on October 30, 2022, 06:25:33 AM

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.

It should be an SOP. Researching and verifying everything before diving into an ivestment.

Fredomago

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Quote from: ethereumhunter on October 30, 2022, 06:25:33 AM

Quote from: serjent05 on October 29, 2022, 01:48:08 PM

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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 sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

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.

Just like the post above you said, better observation will allow you to avoid making mistake though if luck permits just like how those who tailed Elon Musk, look now with how Doge and Shiba is doing both are being hyped and we never know how long and how high it can be pump. A case to case consideration, in case you are just being guided by a friend or relative who is investing with these two coins they are gaining decent.

Same deal with casino tokens. If you know how to deal with your investment with the risk and benefits, you will be able to take care of your business in whatever direction you think you'll be getting decent profits out of your investment.

ethereumhunter

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Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: serjent05 on October 29, 2022, 01:48:08 PM

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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 sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

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.

lienfaye

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Quote from: Piesel on October 27, 2022, 06:20:04 PM

casino tokens may not be the best option since there have less traffics in terms of volume and trading markets.

but if the owner of the casino token is always developing the project and the token for sure it will be a good choice.
there is nothing wrong with investing in casino tokens for the short and long term as long as the casino team is able to develop the utility of these tokens.
and maybe at this time the trading volume of casino tokens can be said to be low but when one day the casino tokens have many communities, of course the trading volume and price will rise.
so investing in casino tokens is not a bad choice.

Well, it's not a bad choice but it depends on the casino where you will buy their very own tokens. Choose the one with an active dev who keep promoting and innovating their platform to be successful. Because as long as the casino is on top, then their tokens are useful too and can be a good investment depending on its utility within the casino because it can attract the gamblers not just to play but also to buy their token as an investment. However keep in mind that it has risk and the good result is not always guaranteed.

serjent05

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Quote from: FanEagle on October 27, 2022, 05:56:59 PM

Quote from: ChiNgadOr on October 27, 2022, 08:41:04 AM

There are many serious and reliable projects in the market that we could invest in and have rest of mind but sometimes we might think that it many not give us a good return especially when you take a look at staking them. Many of those good projects always have low returns and APY when you stake them because they are very reliable with good team but because many of use are looking for projects with high APY, we do ignore them and go for something that looks very cheap with lots of promises and plans.

There is a fine line between investing into a project with no backing but just the investors/community, and investing into something that is tied to a casino. They have both have their advantage and disadvantage at the same time. If we are talking about just a regular coin or token that takes its power from the people then it could go up if there are more people and everyone is hyped, or it could be terrible if there are people losing interest to it.

I would always prefer tokens or coins with utility. This way the token market value will be backed by its utility. So I think investing in casino token is quite good, not the best but much better than a project that relies only on its community and initial investors.

Quote from: FanEagle on October 27, 2022, 05:56:59 PM

The similar thing but very different happens with casino tokens, which means if casino is doing well then it could do well, if the casino is doing badly then it may do badly as well. So you have to ask yourself, do you trust the future of what it's tied to.

True but at least the token has utility that may support it in gaining community, and new investors, and establishing a market position.

Quote from: Fredomago on October 29, 2022, 10:45:36 AM

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.

Fredomago

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Quote from: AmoreJaz on October 28, 2022, 09:08:18 PM

Quote from: makishart on October 28, 2022, 07:41:51 PM

Quote from: Piesel on October 28, 2022, 04:55:56 PM

Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

Im not sure about this. Did you see fun token before? This gambling token has traded on binance with greater volume and demand compared with the owl token. I don't even think the popularity of owl token is far greater compared with the fun token.
You will be seeing that FUN token may be explained as a gaming tokens but it's gaming for gambling purpose. It can be seen from its roadmap as it has also developed decentralized gambling platforms too.
The daily volume is farr bigger compared with owl dao which is almost 2 millions USD. This is the most popular gambling tokens among the crypto community for now.

if you compare the trading volume of FUN vs OWLDAO, definitely, FUN is way above and different level than FUN. if FUN is already in the million-dollar level, OWLDAO is just in the thousands of dollars. now, it is up to the holder how he look at the profitability of holding casino tokens. is he using that also within the casino or just merely waiting the price increase in the exchange? either way, the holder should know were to put his funds with. no one can tell him exactly what to do with his funds.

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.

Piesel

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Quote from: makishart on October 28, 2022, 07:41:51 PM

Quote from: Piesel on October 28, 2022, 04:55:56 PM

Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

Im not sure about this. Did you see fun token before? This gambling token has traded on binance with greater volume and demand compared with the owl token. I don't even think the popularity of owl token is far greater compared with the fun token.
You will be seeing that FUN token may be explained as a gaming tokens but it's gaming for gambling purpose. It can be seen from its roadmap as it has also developed decentralized gambling platforms too.
The daily volume is farr bigger compared with owl dao which is almost 2 millions USD. This is the most popular gambling tokens among the crypto community for now.

I have not really being following up with Fun token performance on the exchange, but am aware of the success of some gambling tokens as some have made it to top exchanges some have gotten listed on first class exchange like Binances and okex.

But may may not have made an exaggerated statement to say owl is also doing well on the Dapp even though, the token value have decreased recently.

AmoreJaz

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Quote from: makishart on October 28, 2022, 07:41:51 PM

Quote from: Piesel on October 28, 2022, 04:55:56 PM

Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

Im not sure about this. Did you see fun token before? This gambling token has traded on binance with greater volume and demand compared with the owl token. I don't even think the popularity of owl token is far greater compared with the fun token.
You will be seeing that FUN token may be explained as a gaming tokens but it's gaming for gambling purpose. It can be seen from its roadmap as it has also developed decentralized gambling platforms too.
The daily volume is farr bigger compared with owl dao which is almost 2 millions USD. This is the most popular gambling tokens among the crypto community for now.

if you compare the trading volume of FUN vs OWLDAO, definitely, FUN is way above and different level than FUN. if FUN is already in the million-dollar level, OWLDAO is just in the thousands of dollars. now, it is up to the holder how he look at the profitability of holding casino tokens. is he using that also within the casino or just merely waiting the price increase in the exchange? either way, the holder should know were to put his funds with. no one can tell him exactly what to do with his funds.

makishart

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Quote from: Piesel on October 28, 2022, 04:55:56 PM

Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

Im not sure about this. Did you see fun token before? This gambling token has traded on binance with greater volume and demand compared with the owl token. I don't even think the popularity of owl token is far greater compared with the fun token.
You will be seeing that FUN token may be explained as a gaming tokens but it's gaming for gambling purpose. It can be seen from its roadmap as it has also developed decentralized gambling platforms too.
The daily volume is farr bigger compared with owl dao which is almost 2 millions USD. This is the most popular gambling tokens among the crypto community for now.

chaser15

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Quote from: erep on October 28, 2022, 05:12:50 PM

Quote from: goinmerry on October 28, 2022, 04:48:07 PM

MEXC seems the exchange where OWL is actively trading where it has a daily average volume of $20,000 or around 1.8M OWL tokens.

I see a bunch of 200,000 OWL buy orders there set at a different price if ever the upper wall is crash.

Is that part of the team's operation buyback? I believed those orders are not owned by the same person or who knows.

We never know the activity on the exchange but maybe the team also contributed to the increase in the daily trading volume, pay attention to the trading history for the purchase of 400+ tokens in every second, but the purchase order volume is lower to maintain the rate above $0.01 and the team should release the latest news to support it an increase in the price of the token when the market recovers.

How long have they already doing these buybacks? In return, are they the only ones doing the best effort and didn't getting some support from random traders?

If that is so, that's alarming as it's not getting any interest but the price is just being maintained by the team. What a good effort though. They really need to do serious marketing since they can handle at least their price. I think when they reached their ATH, that's the time they are active in marketing.

I think those mentioned different 200,000 quantities are being handled by the same account. It's no coincidence to see such multiple same orders.

stomachgrowls

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Quote from: erep on October 28, 2022, 05:12:50 PM

Quote from: goinmerry on October 28, 2022, 04:48:07 PM

MEXC seems the exchange where OWL is actively trading where it has a daily average volume of $20,000 or around 1.8M OWL tokens.

I see a bunch of 200,000 OWL buy orders there set at a different price if ever the upper wall is crash.

Is that part of the team's operation buyback? I believed those orders are not owned by the same person or who knows.

We never know the activity on the exchange but maybe the team also contributed to the increase in the daily trading volume, pay attention to the trading history for the purchase of 400+ tokens in every second, but the purchase order volume is lower to maintain the rate above $0.01 and the team should release the latest news to support it an increase in the price of the token when the market recovers.

Buybacks made by the team will eventually be having those kind of announcements which would really be adding up more hype and interest specially for those who are just still observing or have doubts.

Buy orders couldnt really be determine if its owned by the team itself or came from typical investors or traders who had been actively dealing on a certain coin.

Its really hard to point fingers which we know that everything cant really be known on whose behind those huge orders but eventually and we should mind off
that it could be faked out just to drag on some hype and insights of possible pump and might those orders would be pulled again when the price is uprising.

erep

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Quote from: goinmerry on October 28, 2022, 04:48:07 PM

MEXC seems the exchange where OWL is actively trading where it has a daily average volume of $20,000 or around 1.8M OWL tokens.

I see a bunch of 200,000 OWL buy orders there set at a different price if ever the upper wall is crash.

Is that part of the team's operation buyback? I believed those orders are not owned by the same person or who knows.

We never know the activity on the exchange but maybe the team also contributed to the increase in the daily trading volume, pay attention to the trading history for the purchase of 400+ tokens in every second, but the purchase order volume is lower to maintain the rate above $0.01 and the team should release the latest news to support it an increase in the price of the token when the market recovers.

Piesel

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Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

goinmerry

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Quote from: dimonstration on October 28, 2022, 01:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchang tokens which does not give any price impact.

MEXC seems the exchange where OWL is actively trading where it has a daily average volume of $20,000 or around 1.8M OWL tokens.

I see a bunch of 200,000 OWL buy orders there set at a different price if ever the upper wall is crash.

Is that part of the team's operation buyback? I believed those orders are not owned by the same person or who knows.

dimonstration

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Dimon69

Quote from: Heartilly on October 27, 2022, 08:13:59 PM

Quote from: Piesel on October 27, 2022, 06:20:04 PM

One thing we should understand is, that altcoin is an altcoin and there are no two ways about that, but then even though some altcoins are used as utility tokens they still perform in the market so for the sake of investment, casino tokens may not be the best option since there have less traffics in terms of volume and trading markets.

Either way, if we play it right in the market, there's always a profit in return. Treat these casino tokens the same as how we treat other altcoins in terms of making profits. As long as there's a steady volume, these coins are worthy for short-term trades.

Anyways, OWLDAO is currently on a nice run recently. Right now they are up 20.7% in the last 24 hours. Still -55.7% short during their All-time High last June but still with that increase recently in the current market state right now, that's a good sign that this token is still considered to trade by most traders.

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchang tokens which does not give any price impact.

ScamViruS

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Quote from: LUCKMCFLY on October 26, 2022, 08:38:26 PM

Quote from: ScamViruS on October 14, 2022, 04:20:23 PM

Quote from: strunberg on October 13, 2022, 10:27:47 PM

gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend.

When you think these tokens are not an investment then why would gamblers go to buy these tokens? It is important to establish what benefits gamblers will get by just using these tokens within the gambling platform. No token demand is created overnight, it requires proper development and facilities for gamblers. At least I will not be interested in buying and using that token on any gambling platform when a token continues to be dumping. It is very difficult to achieve success until the right demand is created in the market.

Well, I don't know how it will be that the other players can see these tokens, but obviously they have to see it as an investment, which gives some benefits within the casino, but in the end they are taken as an investment, of course, these tokens would take much more level and more seriously if they would be in an exchange like Binanace, Kucoin, exchanges that give confidence, for some investors this is essential, because I know that they can have good demand volume in a decentralized exchange, but nothing like these exchanges that give more category and can achieve many things to continue doing, if we take into account what they can achieve, the potential of each token is unimaginable.

I think centralized exchanges will allow these tokens to be listed on their exchanges later. And for this, these tokens need huge popularity and huge demand in the crypto market. Because if the volume is low then they will never consider these tokens. And increasing market volume requires creating demand and creating a strong ecosystem. If the project does not gain popularity through development then it is futile to expect anything big.

Heartilly

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Quote from: Piesel on October 27, 2022, 06:20:04 PM

One thing we should understand is, that altcoin is an altcoin and there are no two ways about that, but then even though some altcoins are used as utility tokens they still perform in the market so for the sake of investment, casino tokens may not be the best option since there have less traffics in terms of volume and trading markets.

Either way, if we play it right in the market, there's always a profit in return. Treat these casino tokens the same as how we treat other altcoins in terms of making profits. As long as there's a steady volume, these coins are worthy for short-term trades.

Anyways, OWLDAO is currently on a nice run recently. Right now they are up 20.7% in the last 24 hours. Still -55.7% short during their All-time High last June but still with that increase recently in the current market state right now, that's a good sign that this token is still considered to trade by most traders.

Piesel

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One thing we should understand is, that altcoin is an altcoin and there are no two ways about that, but then even though some altcoins are used as utility tokens they still perform in the market so for the sake of investment, casino tokens may not be the best option since there have less traffics in terms of volume and trading markets.

Topic: Investing in Casino tokens such as BFG, OWL or TFS - page 8. (Read 8200 times)