Quote from: Peanutswar on October 05, 2022, 12:26:09 PM

Quote from: mak013 on October 05, 2022, 11:41:41 AM

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.

I know these reasons but it means nothing if the price dumped. It is the same for all cryptocurrency projects - you can believe in project and hold tokens, but you can lose them too. The best choice is to return your money first of all and after it hold. And you have to sell tokens for it.

Quote from: CuriousGeorge on October 05, 2022, 03:46:11 PM

Quote from: mak013 on October 05, 2022, 11:41:41 AM

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.

You can imagine this. You get A few dollars worth of dividends but you are loosing hundreds dollars from your capital that being used to invest in gambling token and then without capital gain any token will always become a horrible choice.
Token being create as a way for people to invest in the gambling platforms too.

I don`t need to imagine it, i was in such projects and lost money. There are different reasons for dump but anyway you lose money. Tokens being cerate to get money and tokens holders can get profit only selling it in right moment.