Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
uneng
on 25/09/2022, 23:22:44 UTC
now or reputable project coin it is doesn’t matter . you must keep your eyes on a project which project is much stronger and which project team always care there token. reputable gambling or non gambling project token can help you. coz all reputable project team always care about there tokens and product also there are no doubt . but always do own research is a best way to investment
Choosing gambling tokens is not as easy as with other non gambling token analysis because gambling tokens are still very low in the crypto market and we must be careful if you are interested in investing in gambling tokens, many gamblers use gambling tokens to get utility from gambling games and not for other purposes. investments, even leading gambling projects that support crypto do not create tokens as it impacts the reputation of the project in the long term.
I believe an investor should make his decision based on what features that token offers for holders, instead of expecting to make profit from the token price's fluctuations (trading). If the features are interesting, attractive and the casino is legit, it can be a good alternative to invest your money, but every details must be analyzed closely first, because as we know there are a lot of scam attempts and weak projects on this crypto market which lead investors losing money eventually.
Features meant nothing for sure. This time i hope that you need to pay attention to the another aspects like result from the development, intention to be listed in biggest exchange site, revenue from platforms, liquidity and many more. Picking the best one is the hardest thing once almost all of these tokens have pretty similar features. There are only a few legits gambling tokens in the market while the rest were just bunch of scam tokens in the market.
Features are the most important aspect of casinos' tokens. If they provide staking program, extra spins, a share of casino's profit, increased rakeback/cashback, more referral bonus you have to calculate how profitable those features will be for real. In case you conclude it's going to generate some nice income for you compared to the amount of money you have to invest on the native token it must be interesting to try the investment. Consequently, you don't have to worry about profiting through trading, because you will be already profiting just by holding the tokens.