Topic: What are your expectations for Casino coins in this coming bull run? - page 8. (Read 3550 times)

Quote from: Agbe on May 23, 2024, 03:15:31 AM

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I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Of course it's risky! Investing in Bitcoin, Ethereum, BNB is risky too. That's why we should never invest more than we can afford to lose in anything, and casino coins aren't an exception.

Over fantasizing on top alts as giving more less risk is not actually true since as long as the market is volatile for sure there's still a huge chance for investor to lose their money especially if they play lame around on their investment and caught off guard on certain situation that they don't know how to handle. The positive thing we can point out with top alts is they are reliable coins to trade in the market but that doesn't mean that they are more profitable since a lot of altcoins can generate a huge profit to their investors.

Usually we see a lot of alts pumps 1000x or even more and that gives a lot of profit to those people who believe on those projects and it could happen to casino coins to. But the only question there is we don't know which of this coin will pump as high as that and that's the risk of investing on it.

So if people could able to risk something on what they think have potential to grow like this especially on casino coin then its fine as long as the amount they invest is the money that they can afford to lose.

Expect the unexpected as always as this has been the golden primary rule when it comes to investing on crypto world, doesnt matter on what coins/tokens/projects that you are tending to deal off with.

If you do have trust or having that confidence with these casino tokens in upcoming bull run then you would really just that having that selection or having that preference on which one would really be that fits out with your investment selection. Just like the rest been saying that it would really be that depending on your risks appetite which whether you would really be that investing or skipping out.
There are really just that those individuals who do love on supporting projects just because you do play on a certain platform. So it would really vary.

Fivestar4everMVP

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Quote from: serjent05 on May 23, 2024, 02:57:39 AM

Quote from: Synchronice on May 18, 2024, 04:34:14 PM

Casino coins don't revolutionize the gambling or financial system. Casino coins are simply integrated on the website for holders, i.e. for premium users. When casino creates a casino coin, they want to get some additional funding from members that they later can use to grow casino, offer many promotions, vip features and so on. So, my personal opinion is that casino coins are a good investment choice for those who want to get fun and entertainment from their investment. What I mean in fun and entertainment? When you hold coin and get free spins, increased cashback, high APY, you really get fun from this process.
I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Most of the casino coins are given through the players gameplay, so I do not think there is a need to invest on them except if they wanted to buy it outside the platform. In addition casino coin also adds up to help casino revolutionized its award system. It may not be the complete factor for a dramatic changes but it helps. Imagines aside from the normal cashback and rakeback, holding casino coins makes a player enjoy an additional bonuses that the casino offers which is unreachable by non-casino token holders.

More or less casino coins helps the casino to get the attention of people who wanted to have an extra bonuses in engaging gambling activities.

When it comes to bull run season, I think casino coins just like any other cryptocurrency will be envelop with hype and possibly get higher price than its usual market price due to the speculations and hypes that these bull run can bring to the market.

You have a point, because those tokens were created to support the casino and it is not meant to be invested and to give out as promotional bonuses, and other incentives. Though you can buy the token and use it to play game. Most of them does not increase in value and they are just like the fiat currency that stable in one place. You can only make a transaction when you want to withdraw. And the transaction is to another coins in another exchange. You have to convert it to another token that has been listed in any exchange then send it to the exchange and you sell it there. So I don't think there is any reason to invest in such token when the value is just stable.

It's dilusional to think that casino tokens are stable, they appear stable due to lack of trading activities and volume, which may also be as a result of low or lack of liquidity.

And on the other hand again, if the tokens were created to support the casino, why does the casinos open such tokens up and allow people to invest in them, when they themselves know that they won't be spending or doing anything to add value to the token so that those who invested in it can profit?
If this be true, then this is what I usually consider as day light robbery and this casinos riding on the ignorance of their users to steal their money.

I agree that those tokens are created to support the casino, but then in return when they casino have become balanced, they are suppose to invest to support those tokens growth as a way of giving back to those who supported them by investing in their token when it was valueless, but rather, the casino take money from those investing in their token and after the Casino have become big from investors money, they abandon the token, leaving holders of this tokens to their faith, this is totally unfair if you ask me.

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Quote from: Betwrong on May 24, 2024, 06:01:35 AM

Quote from: Synchronice on May 18, 2024, 04:34:14 PM

Quote from: Synchronice on May 18, 2024, 04:34:14 PM

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I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Of course it's risky! Investing in Bitcoin, Ethereum, BNB is risky too. That's why we should never invest more than we can afford to lose in anything, and casino coins aren't an exception.

Over fantasizing on top alts as giving more less risk is not actually true since as long as the market is volatile for sure there's still a huge chance for investor to lose their money especially if they play lame around on their investment and caught off guard on certain situation that they don't know how to handle. The positive thing we can point out with top alts is they are reliable coins to trade in the market but that doesn't mean that they are more profitable since a lot of altcoins can generate a huge profit to their investors.

Usually we see a lot of alts pumps 1000x or even more and that gives a lot of profit to those people who believe on those projects and it could happen to casino coins to. But the only question there is we don't know which of this coin will pump as high as that and that's the risk of investing on it.

So if people could able to risk something on what they think have potential to grow like this especially on casino coin then its fine as long as the amount they invest is the money that they can afford to lose.

Betwrong

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Quote from: EarnOnVictor on May 19, 2024, 02:26:07 PM

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I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Of course it's risky! Investing in Bitcoin, Ethereum, BNB is risky too. That's why we should never invest more than we can afford to lose in anything, and casino coins aren't an exception.

Quote from: serjent05 on May 23, 2024, 02:57:39 AM

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Oh, c'mon! You sound like you know exactly how to make money in this universe.

Investing in some casino coins can be much more profitable than from all that you mentioned. It's just a big uncertainty. If it were so easy, no big investors would ever go bankrupt.

Synchronice

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Most of the casino coins are given through the players gameplay, so I do not think there is a need to invest on them except if they wanted to buy it outside the platform. In addition casino coin also adds up to help casino revolutionized its award system. It may not be the complete factor for a dramatic changes but it helps. Imagines aside from the normal cashback and rakeback, holding casino coins makes a player enjoy an additional bonuses that the casino offers which is unreachable by non-casino token holders.

More or less casino coins helps the casino to get the attention of people who wanted to have an extra bonuses in engaging gambling activities.

When it comes to bull run season, I think casino coins just like any other cryptocurrency will be envelop with hype and possibly get higher price than its usual market price due to the speculations and hypes that these bull run can bring to the market.

Given through the player's gameplay? I thought that you had to buy it directly on casino's website or via exchange and then deposit to your casino account's address. Yes, I agree with you that it helps them to revolutionize award system but that's because casino gets a huge amount of money quickly in forms of its own token and this extra money gives them the ability to fund team and projects. Many products and grown casino automatically generate back more cashback and rakebacks.
I simply said that for investment purposes, i.e. to get most of the profit from financial investments, I think that coins like Bitcoin, Ethereum and others are better options. Casino tokens are a great option for those who want to get the most fun from gambling.

Agbe

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Quote from: serjent05 on May 23, 2024, 02:57:39 AM

Quote from: Synchronice on May 18, 2024, 04:34:14 PM

Casino coins don't revolutionize the gambling or financial system. Casino coins are simply integrated on the website for holders, i.e. for premium users. When casino creates a casino coin, they want to get some additional funding from members that they later can use to grow casino, offer many promotions, vip features and so on. So, my personal opinion is that casino coins are a good investment choice for those who want to get fun and entertainment from their investment. What I mean in fun and entertainment? When you hold coin and get free spins, increased cashback, high APY, you really get fun from this process.
I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Most of the casino coins are given through the players gameplay, so I do not think there is a need to invest on them except if they wanted to buy it outside the platform. In addition casino coin also adds up to help casino revolutionized its award system. It may not be the complete factor for a dramatic changes but it helps. Imagines aside from the normal cashback and rakeback, holding casino coins makes a player enjoy an additional bonuses that the casino offers which is unreachable by non-casino token holders.

More or less casino coins helps the casino to get the attention of people who wanted to have an extra bonuses in engaging gambling activities.

When it comes to bull run season, I think casino coins just like any other cryptocurrency will be envelop with hype and possibly get higher price than its usual market price due to the speculations and hypes that these bull run can bring to the market.

You have a point, because those tokens were created to support the casino and it is not meant to be invested and to give out as promotional bonuses, and other incentives. Though you can buy the token and use it to play game. Most of them does not increase in value and they are just like the fiat currency that stable in one place. You can only make a transaction when you want to withdraw. And the transaction is to another coins in another exchange. You have to convert it to another token that has been listed in any exchange then send it to the exchange and you sell it there. So I don't think there is any reason to invest in such token when the value is just stable.

serjent05

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Quote from: Synchronice on May 18, 2024, 04:34:14 PM

Casino coins don't revolutionize the gambling or financial system. Casino coins are simply integrated on the website for holders, i.e. for premium users. When casino creates a casino coin, they want to get some additional funding from members that they later can use to grow casino, offer many promotions, vip features and so on. So, my personal opinion is that casino coins are a good investment choice for those who want to get fun and entertainment from their investment. What I mean in fun and entertainment? When you hold coin and get free spins, increased cashback, high APY, you really get fun from this process.
I think that investing in casino coins the way we invest in Bitcoin, Ethereum, BNB and so on, is risky.

Most of the casino coins are given through the players gameplay, so I do not think there is a need to invest on them except if they wanted to buy it outside the platform. In addition casino coin also adds up to help casino revolutionized its award system. It may not be the complete factor for a dramatic changes but it helps. Imagines aside from the normal cashback and rakeback, holding casino coins makes a player enjoy an additional bonuses that the casino offers which is unreachable by non-casino token holders.

More or less casino coins helps the casino to get the attention of people who wanted to have an extra bonuses in engaging gambling activities.

When it comes to bull run season, I think casino coins just like any other cryptocurrency will be envelop with hype and possibly get higher price than its usual market price due to the speculations and hypes that these bull run can bring to the market.

EarnOnVictor

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Quote from: rodskee on May 22, 2024, 11:27:01 PM

Quote from: rodskee on May 22, 2024, 11:27:01 PM

Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.

Everything depends on belief. If one does not invest with risk without trusting his predictions and research,

not sure if in investment there is a Luck that we must basing because we are making research and studies
before putting ourt money meaning this is not luck but about knowledge and skills , prediction is not as complete
as that because we need to believe the project first.

This is beyond luck if the context here is to be adhered to. It is never about gambling alone but the risk/belief in investing in what the casinos have to offer as extra as well, which is their token. If it were to be the betting itself, then I could say luck is a very vital function here, but if it is about the investment in casino tokens, then I believe that expertise is to be rated higher while luck is given a minute reference. Gaming tokens are flooding the crypto space now, and just like memes, many of them are seriously performing well. Many of them are even performing so well in their presales and airdrop phase/programs. Just like Notcoin, it did well when it comes to the release of airdrops recently.

For this and for the reason that positive inclination is surrounding the gaming environment, a good speculator must have been reasonably hinted that casino tokens will have that opportunity to appreciate in this bull run if the entire crypto industry does not fail. This is a kind of graceful benefit in which the performance of the casinos themselves will add to how their token will perform. You can see that this is more practical than the luck you emphasized.

delfastTions

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Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.

Everything depends on belief. If one does not invest with risk without trusting his predictions and research,

not sure if in investment there is a Luck that we must basing because we are making research and studies
before putting ourt money meaning this is not luck but about knowledge and skills , prediction is not as complete
as that because we need to believe the project first.

Quote

he will never be successful. Likewise, if you don't invest in a casino platform or casino token, there will be no chance of winning. But there are many better coins in the market than Casino Coins which can give better profit with less risk than Casino Coins which is why investors other than gamblers are not interested in investing in Casino Tokens.

but answer this first ? Why need to be casino tokens when there are many coins that we can trust
aside from this offering from casinos , there are ranking coins that we can invest with better result .

It seems to me that casino tokens, roughly speaking, perform the function of chips that are used in all physical casinos.
Or at least some similar utilitarian function. For example, as an entrance ticket to some very popular game in a specific casino that issues this token. But in general, for example in the example of BFG, where there are constant discussions about the need for this token itself for players, it still exists, it has not been lost and is used somehow in this casino. And the devs of the casino released it several years ago and it seems they are just periodically thinking about what else could be done with this token so that the players would be really interested in it.

And I do not rule out that at some point some specialist from this casino will come up with some brilliant idea and the token will somehow be used in a new promotion. And accordingly, the number of players in this casino will increase. And the profit of the casino itself, too, of course.

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Quote from: satscraper on May 22, 2024, 01:32:48 AM

Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.

Everything depends on belief. If one does not invest with risk without trusting his predictions and research,

not sure if in investment there is a Luck that we must basing because we are making research and studies
before putting ourt money meaning this is not luck but about knowledge and skills , prediction is not as complete
as that because we need to believe the project first.

Quote

he will never be successful. Likewise, if you don't invest in a casino platform or casino token, there will be no chance of winning. But there are many better coins in the market than Casino Coins which can give better profit with less risk than Casino Coins which is why investors other than gamblers are not interested in investing in Casino Tokens.

but answer this first ? Why need to be casino tokens when there are many coins that we can trust
aside from this offering from casinos , there are ranking coins that we can invest with better result .

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Quote from: Fivestar4everMVP on April 11, 2024, 01:20:17 PM

Investing in casino tokens I would say comes with rather a high level of risk

Agreed, investing in those tokens is just like investing into the variegated rake-off glittered across all tables in the dice pit with the purpose to place a bet latter. Regarding crypto, I believe that the only investment worth to consider is bitcoin which allows to gamble at casinos to make (if you are lucky) more bitcoins and so on.

Yes investing in casino coins is not a good choice among hundreds of altcoin projects that are more relevant for us to invest in today, yes even though we like to gamble and the coin has utility in its gambling platform, but I personally for gambling it is better to use other coins as my gambling tool in those casinos, and sometimes I also use bitcoin to make bets.

Investment is an activity that we expect to provide financial benefits in the long run so it is very difficult if you expect casino coins to invest it will not give a good return to investors, unless direct investment in casinos maybe we will get a percentage of casino income, I think it is much better than investing in coins issued by casinos.
I don't think it's bad but there are other alternative options if it's just a place for our future investment.

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Quote from: Fivestar4everMVP on April 11, 2024, 01:20:17 PM

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.?

1. The level of risk in investing in these currencies cannot be ignored because they are not popular enough compared to other cryptocurrencies in the market. Frankly, I would not advise anyone to buy it if they are not a fan of gambling companies. The reliance of these cryptocurrencies on the gambling niche for expansion makes them limited in their capabilities in a way that makes it difficult for them to enter into competition with the rest of the major currencies, even for a short period of time.

2. Although I have never been a big fan of casino coins in general, I can say that Rollbit Coin (RLB) is one of the leading cryptocurrencies in this rapidly expanding market and has already gained huge attention in the crypto market since its launch. https://coinmarketcap.com/currencies/rollbit-coin/

3. They should have a bull run if there is no problem with the casino itself. Literally, there will be nothing preventing any of these cryptocurrencies from joining the bullrun as long as they are available for trading. Almost all currencies were included in this in conjunction with the recent rise in prices, and only a few projects were excluded in which the community lost confidence for certainly objective reasons.

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Indeed, these tokens pay dividends if you hold them in casinos and steak them there. But for some reason nobody invests in them in a big way. Apparently, big investors do not trust casinos and do not want to keep their investments there, even if it will bring them income.

Big investors, if they do not trust casinos, are just missing the opportunity to earn good money. I don't think all of them are like that. Of course some people have been investing in gambling platforms because they know it's profitable, but I want to say to those rich people who don't trust casinos: you are right, don't just trust them, do your own research, and you'll be amazed by how much you are missing. If you ask me, whom to trust more just random crypto coins or Casino coins from established casinos, I would favour the latter.

Everything depends on belief. If one does not invest with risk without trusting his predictions and research, he will never be successful. Likewise, if you don't invest in a casino platform or casino token, there will be no chance of winning. But there are many better coins in the market than Casino Coins which can give better profit with less risk than Casino Coins which is why investors other than gamblers are not interested in investing in Casino Tokens.

Your opinion on this topic is very interesting, but we can also see many people investing in it! It's great to see a poll showing how many people have GambleFi in their bags!

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