It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.
Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:
Are these things similar to what we had in the 1990s and 2000s before Crypto - like buying "William Hill" or "Ladbrokes" stocks? Is it more or less the same thing just in Crypto?
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?!
Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:
- BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
- OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
- TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.
Are these things similar to what we had in the 1990s and 2000s before Crypto - like buying "William Hill" or "Ladbrokes" stocks? Is it more or less the same thing just in Crypto?
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?!
Right now, if you look at the percentages on their platforms, they have dropped even more, like when owl used to be at 43%, now they have dropped to 37% if I'm not mistaken, and when it comes to the volume they accumulate in every day its volume is almost indistinguishable from BFG. When it comes to the question of whether it is good to invest in them, my answer to that is that it is always up to you. But for me, if I'm a believer in BFG and OWL, I always want to invest there because first, it's okay no matter what the volume in the market is, then its price is low compared to when it was high, so it's good to hold it for the long term even anyway, just for my own opinion and understanding.