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I am also agreeing with that following hype for the trading is not the right strategy for trading. But I see now here lots of video on youtube about it is specially based on short-term trading . Many times it is possible to gain profit by following the hype. But it often leads to big losses, so I also think it is important to learn market analysis and then trade for professional trading.
When one is able to shoot at the first stage when the hype starts and catch the profit as soon as it starts, they can earn some money from the hype. But those who invest at the wrong time suffer most of the losses . So if you want to invest in the hype, you have to invest in the first stage of the hype, then there will be a chance of making a profit.
Timing is everything and thats really very crucial when it comes to crypto investment because if you do find yourself investing when the hype is on its peak then high chances that you would really be losing money
as the value would really be going down afterwards which is something a very very normal scenario or event that do happen for any project tokens out there.Dont make yourself do end up with those bad decisions.
Its up to someone whether they would be investing on casino based tokens or not since its their money then its their rules.
I have seen very little hype among casino based tokens . Casino tokens are often seen as stable. must of the hype can be seen in utility tokens . It is up to everyone whether they invest in hype or not. But it is always better to stay away from hype .
Its never been good to make yourself get dragged with any hype because it would eventually cause up some problems later on.Its true that when it comes to movement then these coins doesnt really move
much and the ones who would be mainly moving are to those early investors or pre-sale buyers and the rest of them are to those who just simply been interested on accumulating these casino based tokens.
Expect that liquidity would really be that less compared into other coins which does have different utility or not simply limited on gambling platform and as i been said
that when it comes to usage then there's no other place on where you could make use of these tokens.