Post
Topic
Board Gambling discussion
Re: Any difference in investing casino ICOs and casino bankroll investments?
by
stellgod
on 13/11/2017, 11:55:46 UTC
I want to invest two bitcoins into casino bankrolls and I think investing directly into casino bankrolls are much better for long-term perspective than investing in casino ICOs.

Is my thinking is correct?
I don't think so.
When you invest directly into bankroll you don't have to do much math, you know exactly how much shares you have.

When you invest in ICO you don't know anything until ICO ends, and there are too many factors. For example, if total token supply is 10000 tokens and you buy one token, no one else buy and owner decide to burn rest of them then you will hold 100% shares of that site but if you buy 1 token and owner decide to keep 9999 tokens for himself then you will own 0.01% shares.
ICO can be scam, project can fail, not enough money raised and owner disappear with money.
If project become big it can bring you good profit and you could sell tokens for higher price.
There are to many IF's during ICO.

If you are not sure, you can always wait for ICO to end, see how casino is doing and then buy tokens from exchange, and that would be in my opinion the same as direct investment in casinos bankroll because you know all important info's.
Yes that is right, all the possibilities are there, anything can happen. But if you want to make money, you must take the risk and there is no other way. I think we can only reduce and minimize the risk of losing money but studying the market and investigating about the different aspects of the ICOs where we are interested to invest our money.