Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
Peanutswar
on 05/10/2022, 12:26:09 UTC
There are lots of tokens with payments for holdings tokens, not only casino tokens. And the main goal for all such tokens is to sell higher. Only BTC and, probably 2-3 coins can be bought as a long time investment. All other tokens can`t give you any guarantee that they would be alive that time. And it doesn`t matter is it casino token or just any other token.
Casino or other tokens can provide additional benefits for us to generate even more profits. This is indeed a long-term investment so we should still be careful in investing in that type of coin so that we don't spend too much money if we are not sure if the token can provide a big return in the future or if we should hold on to it until the price can increase.

And as the main investment, we can make BTC and buy BTC when the price is down.
Yes, we can get some additional benefits from holding tokens and increase our profit. But the price of tokens during this time may fall so much that we will lose money. I was in several such projects, never made a profit when I decided to hold tokens. Even looking at these 3 projects, only one of them has a higher price than it was at the start.

Thats why there's a reason why gambling casino offering their own coin at the same time because of the benefits that the user can get by holding in the long term if they really trust the platform of course there's a utility to make sure the players will really hold those coins still it is good if there's a market circulation with the coin they are offering and backup incase some people make a dump with their coins to prevent players getting fomo. Currently I'm holding some of them at the same time BTC hoping it will not makes a ride with the market volatility and bitcoin dominance.