Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
len01
on 15/10/2022, 19:35:02 UTC
It's not the best thing to see these tokens as investments. There was also a chance for the price of token go to even cheaper and it will not go up again. I just doubt if the price of gambling token can go up even higher caused by even during the bullish trend the price is quite stagnant. I just don't wanna waste more money to buy a token that will be so hard to go up. It seems like that gambling tokens needs more than a working platform to push the price to go up. It's not likely the gambling token will be going up during the bullish market if that's ever come.
it can happen if the owner of the gambling platform wants to develop the token. well, even though it's very impossible, but that way it is likely that there will be a slight increase in the price of the gambling token.
actually for gambling tokens as a daily profit it is also good so it doesn't need to take a long time. just invest short term and when the price goes up a few % sell and buy at a low price again.
but if you still have doubts about what you are thinking right now it's better not to invest in gambling tokens. because if you invest with doubt you will get bad results