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Topic: What are your expectations for Casino coins in this coming bull run? - page 18. (Read 3543 times)

legendary
Activity: 1932
Merit: 2354
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-snip-

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

According to my experience, even the shittiest altcoins can experience a increase in price in the bull run after the halving event.

I don't mean that these casino tokens mentioned in the OP are good or bad, because I haven't done my own research about them yet; more that, if most coins usually follow the general trend of prices, there is no reason to think that these tokens you mentioned would perform differently.

Not to say that the cycle could stop repeating at any time. And, in that case, it is reasonable to think that Bitcoin would resist falling better than any other coins.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Hi ladies and guys of the gambling board..

I believe by now, we all should already know that the bull run is fast approaching, and like it's often said, "Do not put all your eggs in one basket", I've invested in different coins from different narratives like Defi, Ai, Rwa, Gamefi and so on and on, but one narrative I've not put any money in Is gamblefi, or simply put, casino tokens, that is a token or coin owned by a casino, and this is not becuase I don't know any, I know quite some, and in all that know, I think two or three stand out, and those are..

1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury

Investing in casino tokens I would say comes with rather a high level of risk, why? Because to me, they arent well known, they don't seem to make waves like coins or tokens from other narratives, and the chances they may remain stagnated and the same price even during the bull run; is quite high.

So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I'm with BFG, because before I experienced playing at Betfury Casino, he was still pretty good at playing when it was new in the crypto space. Because back then, as long as your account had a balance of at least a few BFG, a staking balance in BTC, ETH, Tron, and USDT would come in every day.

By that time, I had a balance of 10,000 BFG, and the free faucets I received from USDT, Eth, BTC, and Trx were good. I hope they return it. But it looks like it's unclear. Even so, I think there will still be a rally there at BFG, but this is just my opinion.
hero member
Activity: 2884
Merit: 579
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IMHO, there's not that much difference of investing in exchange tokens and casino tokens. But if it's about the main difference, it's about the volume that these two categories are getting.

While most of the exchange tokens have got a lot of volume daily. The one with the casino coins depends on how successful they are with their business.

As for the exchange tokens, they can also be adopted and listed by other exchanges but with this casino coins, they just can't because this means a lot to competition.

I've known FUN token and it's good to see that it's doing just fine.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?
I have invested in one of the casino tokens that you mentioned, Fun Token a few years ago and is still storing it now and honestly just because I am interested in the bonus obtained as the holder of the casino token, unfortunately for the price it is very disappointing because the price continues to fall, but still luckily not to buy it when the beginning of this token was taken over by the casino.

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..
I am not sure about that, but the three mentioned so far RLB still looks good movement while the other two can be said to be disappointing, because its development is not in line with the development of the casino from the token.

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
Casino tokens are not very good movement than meme coins, because the trading volume is very low, and maybe because the casino is more focused on developing their casinos than developing their token and the development of the casino tokens will only be good if the trade volume is high.
sr. member
Activity: 1554
Merit: 334
Nothing really, I don't see them going up even during this current pump in bitcoin prices so I'm not really excited what they're going to do next, most of them aren't really worth investing into anyway, in my opinion, they're most likely the kind that's only going to benefit the people that are giving it out or selling them, no way a hodler like me would ever make a profit from them. I also haven't heard of these casino coins in a long time, they were a big deal back in 2020 I think but then their hype quickly fizzled out as people didn't find any kind of benefit from it. Me and you are better off investing in memecoins as they're more likely to pump and give you profit compared to these casino coins. Only time I'd see this going up is when there's really some utility behind these tokens besides being just a substitute crypto to use in their casino.
legendary
Activity: 1372
Merit: 2017
1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I think quite similar to davis196.

1. None.

2. If new casino tokens are released, I would expect to see a rise due to the novelty, but I would not put much hope in it in the long term. If casinos release them, it is because they are profitable for them, not necessarily because they are profitable for customers. The only sense I see in acquiring it is for the advantages it gives in the casino, but even so, with the destruction of value in the long term I think they are not worth it.

3. The long term trend for those crappy tokens will be to go down, but with the bull market they may have some upside moments.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
1.I wouldn't invest in any casino tokens.

2.No.

3.I don't have big expectations about the performance of the casino tokens.

The upcoming bull run is about Bitcoin, not about shitcoins or tokens. I agree that some altcoins might follow BTC and hit the moon, but casino tokens definitely don't belong in this group.
If I'm going to answer the 3 questions given by the OP, my answer will be the same as yours. We are already in the bull run now and BTC is the main gainer for it but other coins can also get their share of it. It was only unfortunate that casino tokens are not included on it. This is why the public don't have an interest on them anymore. Despite having a utility, shitcoins and meme tokens are still better than them because they can pump huge even if they are only short-lived.

Quote
The price of a casino token is closely related to the performance of the casino in the gambling industry
If only this was true, then it's much better but no it isn't. The gambling industry is booming but it's crazy to think that their tokens are left behind. After all, casino tokens are like the common crypto, so supply and demand does truly matters at them.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
It’s a good thing that you have invested in other types of coins too. There’s an effect for all cryptocurrencies when Bitcoin pumps, but I am not sure if they’ll be a huge impact on casino coins.

If I were to invest, I’d choose Rollbit. I’m not sure why but I feel it’s the better one to invest in (even though I know that you have to check them out properly first).
Casino coins may perform well at anytime and not only during the bull market since that could be missed out and even if not totally missed out, we may see just a low impact of the bull market on some of them this is because most of the casino's coins were not originally developed to act as an investment, rather to provide lequditiy for there casino.

Yes, which is why I think there really won’t be so much impact. Because people who really buy casino coins aren’t likely doing it to invest and get richer, I believe it’s because they want to use the coin on the casino’s website. And I have neither heard of casino coins trending.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
It’s a good thing that you have invested in other types of coins too. There’s an effect for all cryptocurrencies when Bitcoin pumps, but I am not sure if they’ll be a huge impact on casino coins.

If I were to invest, I’d choose Rollbit. I’m not sure why but I feel it’s the better one to invest in (even though I know that you have to check them out properly first).
Casino coins may perform well at anytime and not only during the bull market since that could be missed out and even if not totally missed out, we may see just a low impact of the bull market on some of them this is because most of the casino's coins were not originally developed to act as an investment, rather to provide lequditiy for there casino.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
It’s a good thing that you have invested in other types of coins too. There’s an effect for all cryptocurrencies when Bitcoin pumps, but I am not sure if they’ll be a huge impact on casino coins.

If I were to invest, I’d choose Rollbit. I’m not sure why but I feel it’s the better one to invest in (even though I know that you have to check them out properly first).
hero member
Activity: 2856
Merit: 674
Investing in casinos coins pauses the same risk as investing in other altcoins, all of them have no chance at least not a sure chance to perform realistically well in the coming bull market, but we all need to just gamble on any of them and hope the pick up with the market when the time finally arrived.

I think investing in casino coins is more attractive especially if the casino is already active.  it only gives us better hope in the future as the business is already operational, and see that these casinos already are very popular, then there's a big possibility that the price will rise in the future. Of course there's a risk but we have the finish product already unlike other investments which we only see the roadmap and its team and yet we trust thme easily because of the hype sometimes.

I remember those ICOs befere, there are plenty of casino platform offering their coins but I haven't even see a few that succeeded now. Probably they change name or I wasn't able to follow the project completely, but in case some succeeded but only a few percentage of them, which makes investing in casino coins not a good option among the many types.
hero member
Activity: 826
Merit: 481
3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
I feel that there are many other coins that investors will be focusing on first before considering casino tokens, so they may not perform really well because they will not get enough attention.

 My focus is really not on any casino coins because I consider too risky to invest in still even though the gambling industry is on the increase. I focus on bitcoin and consider the others like ETH that have a good reputation already.


The thing is that we have to know the true nature of casinos tokens and what to expect from them, when the bull market happens, this is why we need to take a further look at what the previous data's are with those coins and how their have performed in the past.


Investing in casinos coins pauses the same risk as investing in other altcoins, all of them have no chance at least not a sure chance to perform realistically well in the coming bull market, but we all need to just gamble on any of them and hope the pick up with the market when the time finally arrived.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
I feel that there are many other coins that investors will be focusing on first before considering casino tokens, so they may not perform really well because they will not get enough attention.

 My focus is really not on any casino coins because I consider too risky to invest in still even though the gambling industry is on the increase. I focus on bitcoin and consider the others like ETH that have a good reputation already.

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

I have always said that people need to be very careful with casino tokens because there is a lot of competition in this casino market and all casinos are offering the same things, the difference is in terms of reputation, reliability and good support service. So having a casino that offers a token, that casino token will not be rising much and giving a lot of profit to its holders for many reasons, there are many limitations in a casino token. the owners of casino tokens will not list the tokens on the major exchanges, as a result the token will not gain much exposure, with many casinos on the market the competition becomes very strong, causing each casino to have few customers, a casino that owns token when you don't have many customers, it means that there will be few people wanting to use the token and consequently the price of the token will remain stagnant or fall constantly

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

the point should be: will we see any casino tokens doing great things to the point of having a very high price, something like more than 5$ per token? The 3 tokens you mentioned are below 0.25$ and are falling, so this means that even if many years pass, these tokens will not reach high prices, such as above 5$. As the years go by, more cainos will appear on the market and fewer customers these token casinos will have, as a consequence the price of their token will fall. but some people are very confident that they will make 10x profits with casino tokens

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I see them falling and falling. I honestly don't see why casino tokens would rise in the bitcoin or altcoin bull market in general. people will not stop buying altcoins like bnb or eth to buy BFG or FUN. There are many altcoins that are better than casino tokens. In my opinion, casinos should focus on the casino and not on creating tokens that they know won't even list on the big exchanges one day.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
Overall I do not think casino tokens will do too well during the upcoming bull run, as even if one or two could do so, the rest will fail to live up to the hype, and if that is the case I would prefer to use my time in a different way and invest in different coins, something you are already doing.

With that being said, a small investment in those coins would still be acceptable, just make sure to keep it on the low side, that way even if you were to fail to pick the right coin, the damage to your portfolio will be minimal.
I have never invested in casino coins so I don't know in previous bullish times have there been many casino coins going bullish? As far as I know during the bull run last year if I'm not mistaken RLB did but I didn't pay much attention to the details.

I don't feel right investing in casino coins, there is no higher expectation and most casino coins are not in the big exchanges so it will be very difficult to be pumped in bullish times, unless they believe in the coin but I'm not sure.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
-snip-
I think two or three stand out, and those are..

1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury
So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
Let me first say that the bull run being expected by us all is not automatic. What if the market surprises us and does otherwise? We should be extremely careful and let our trading charts guide us.

However, I am not just familiar with the casinos' tokens and among the three stated ones above, the FUN rings so much a bell in my head a little. Nevertheless, we have to be careful here, as tokens like this will have two driving forces which will always be attributed to the; 1. The performance of the casino and 2. The overall FOMO brought to the crypto space by the expected bull run. If the bull run did not happen as expected and the whole crypto market turned bearish, the casino token would follow suit as well.

Above all, let us hope for the best, but be sure that the token you bought has a place you can check, analyse and monitor its chart for effective guidance.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I think that casinos will benefit from the run as some people who own crypto will have what they shall perceive as more cash in hand which psychologically calls for more budget to betting. It is thus possible that they buy more casino coins for the benefits and perks associated to this on the platforms. However, there is always a chance of generalised dump, but I think that would affect all coins.

It is likely to affect all coins, in general the altcoins season can be very unpredictable and it turns out pumping the price of very random coins, some coins I have seen pumping in bull runs did not even have much of a purpose really, all it is a matter of having liquidity and people willing to gamble their money in coins they do not even understand.
Since the casino tokens are utility tokens, then they have an implied value (it is an advantage they have against memecoins, of course). So I expect this season in the market to benefit casino tokens.
It is very interesting how you indirectly associate the possible gains in the market by some people to end up in casinos because of direct gambling by traders or because value relocation by them as well.

You know, one of the fears I have about these utility tokens in general is how they could be classified in the future as unregistered stocks by some regulators and force exchanges to limit the listing of them for the public.

hero member
Activity: 3178
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www.Crypto.Games: Multiple coins, multiple games
I never invested in casino tokens yet and I most likely never will in the future too because there are far better alternatives out there like memecoins etc which are extremely volatile and whose risk to reward ratio is far, far better.

I haven't heard of a single investor becoming rich because of casino tokens, but I have heard of many investors becoming rich overnight thanks to memecoins like Pepe, Doge etc.
legendary
Activity: 3248
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Playbet.io - Crypto Casino and Sportsbook
I was hyped with investing on casino tokens in the past but I never experience to be profitable according to my expectation.

These casino coins mentioned by OP are owned by popular casinos but I'm not sure how popular they are in the entire crypto market.
Although I am not underestimating its potential in the future but honestly I don't find it apealing now, I'd rather choose an investment that is on trend now, and I don't see casino coins/tokens are currently on trend. I'm just curious, do you know a casino tokens that had already made investors profitable, something that had already given like x100 profit. You know there are other coins/tokens like that but personally i haven't seen a token of a casino that pump like that.
legendary
Activity: 2366
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Do not die for Putin
I think that casinos will benefit from the run as some people who own crypto will have what they shall perceive as more cash in hand which psychologically calls for more budget to betting. It is thus possible that they buy more casino coins for the benefits and perks associated to this on the platforms. However, there is always a chance of generalised dump, but I think that would affect all coins.
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