Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
suzanne5223
on 22/09/2022, 16:48:50 UTC
You guys have a point and that's why people are always advised to do their research before making any investment.
As @lienfaye said, investment in well-established coins is the best and I don't think going coins like Shib which are always manipulated by the big player is a wise choice.
The something goes to casino native token, @lienfaye said he won't be surprised if the casino token performs well during this dip. How will it perform? What's its use case and utility?
This is the question people ought to ask themselves before going for any coin base on some certain hype.
Some people do really love to drive with the hype and there are some people who are really that keen on investing into something which doesnt really have  that much demand or actual utility of the said token
specially if its a casino based token which we know that it is really just good on spending those tokens inside the platform which it would really be that not that good for long term aspect.
If we do speak about current value then it would be understandable that it would go in line with the current existence of the platform which it had been tagged up.
On the time that platform does have some issues then expect that value of token would really go along with it.
Yes, some people love to follow the market hype when selecting their investment and they are those that always make complain about the market not doing well because they didn't choose the safe coin.
About casino tokens, even if the casino didn't have an issue that doesn't mean the token will perform well in the market because the casino crypto tokenomic and the number of users that make use of the token will determine the token trend.
There's always those words of regrets and complaints whenever someone do really able to have those losses or negatives just to at least easing out their frustrations thats why its really normal to have those

words would be coming out from their mouths.There are indeed people who are really that a fan on jumping into some possible hypes specially if there are some people who do make out some recommendation
just because they do believe into their words.

Casino token investment isnt really that bad but we know that liquidity or volume wont really be that much which does simply imply that it doesnt really gain that much
activity in between.So its up to someones choice if they would continue or not.
You understand my perspective. I also don't see casino token investment as something bad but when it comes to playing safe I don't see any reason why I would personally invest in casino tokens because it won't gain much liquidity and volume and if you ask every gambler 90% of them will say there's no reason for a casino to create own token when there's enough crypto in the market that they can easily integrate as payment on their platform.