Quote from: Strongkored on July 29, 2022, 06:11:12 AM

Quote from: LUCKMCFLY on July 28, 2022, 11:28:52 PM

I think that people who want to invest in these tokens, whatever it is, it is up to them in particular, I could not give advice depending on what a person wants, if they want to invest in a token, just because they like it, they are free to do it, if you want to invest in a token looking for profitability, you are also free to do so, but you have to bear in mind that when doing so you must wait as long as necessary, and this is decided by the btc market, because the btc it is the only crypto asset that has its own life and not another currency, when taking these things into account, it is necessary to know that the investor must be aware of how the crypto market moves, so that he knows what to expect.

Sometimes the decision to invest in token casino-based is because they also see more profits if the investor is actively playing in the casino but unfortunately investors not carefuly to check how the crypto market work that the token value can decline because comply to movement of the btc price that is the reference affects it like you said, so you have to ready with all possibilities may benefit from the casino but suffer losses due to a bearish market

Yes, and precisely from there is where everything originates, because there are players who are not very interested in the crypto market, but in continuing to add and add "coins" that for them represent money, and this is not something that is so bad, In part it is a strategic plan that casinos have to attract more customers, but by having customers who know the crypto market, who know about investment, trading, among other similar things. the casino not only attracts the born players, but also makes the insiders learn and educate them about crypto and those players who know a lot about crypto and trading have another perspective on the tokens, that is why the diversity of opinions.

Quote from: milewilda on August 09, 2022, 10:15:02 PM

Quote from: Cookdata on August 09, 2022, 07:16:38 PM

Quote from: Doan9269 on August 09, 2022, 11:18:00 AM

Quote from: Get-Paid.com on July 13, 2022, 09:17:03 AM

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!

We need to understand that tokens are somethings that has more higher volatility even than the coins itself, well atimes those behind the NFT pump the price just to deceives and eventually you discover a sporadic decline in its value, this is risky enough but weather rising or falling ones you have your assets in tokens then bear in mind the more danger it poses and same way it has a good opportunity to provide as well, but the effect of pump and dump could be disastrous.

The less volume a token has, the more volatile it is and the easier it is to manipulate, which is why these tokens are pushed by a few buy orders and sell orders, resulting in dumps. Casino tokens do not normally have a use case like typical projects and hype like other tokens out there, so a single person or group can do whatever they want. They can even buy their token at a lower price and decide to pump the price, and once they get the attention of traders who like to pump and dump, they sell on them and withdraw their capital and profit.

My advice is to buy Casino tokens only if you need to use them for some benefits within the platform and not as an investment like other cryptos.

On point and people should know about the basics about low-high volume where price would be entirely different if we do talk about behavior in terms of pump and dump.
I agree into the word that i dont see much relevance in terms of utility of these type of tokens which could really be only used on the platform itself thats why they arent really
getting that much attention or something not really surprising but its up to someone and as a show of support on a casino then its depending whether someone will
really make out investment and trust up.

Yes, you are right, everything that is about Pump and Dump is many things, there are some people who are dedicated to the detection of these signals of this type, however this is somewhat difficult when there is such an unstable market and with a high uncertainty index, because if in a given case a person dedicated to giving these signals determines a possible bomb, and if there is a market crash, the loss is inevitable, there is nothing to do there, however, when there is a project that takes place in a somewhat bearish BTC market, it is very likely to be successful, because when BTC goes up it is very possible that these tokens go up, but not by magic, those of the project have to make their hodlers fall love.