Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
ethereumhunter
on 17/10/2022, 02:35:53 UTC
Yes, those who buy the token will think of using it as their investment in the future. But we must be careful to choose it as an investment because there is no guarantee that the coin token can increase. But I think casinos that have launched their casino tokens will provide full support for their tokens while continuing to strive to develop them into something useful for their members and investors. What is important about the casino token is that if it can provide benefits to the holder, many people will buy it and hold it or even stake it to receive other rewards.

Investors are always looking for good opportunities, so a casino can assure investors that they can offer the best and develop according to market demand. Only then it is possible to attract big investors.

But as easy as it is to say, it's harder to actually do it. Because there is a lot of competition in the market and there are many issues to be resolved to get listed on the big exchanges. There is no substitute for being listed on big exchanges to build a strong position.
Yes, that's correct. While casinos can explain in detail what they can provide investors, that doesn't guarantee investors will invest directly in the casino tokens. Maybe investors will think about it first while looking for other information. If investors find something that can support the casino token, they will invest immediately and provide full support for the casino.

Maybe as you said, the next problem is to think about how to face competition in the market because by listing it on the market, the casino token must be ready to compete with other coins or tokens. It's just a matter of time before that casino token gains a place in the market and if indeed the casino token is worth it, the casino token can compete with the others.

The casino token has limited use case if any since I can only see its for staking and getting revenue from the casino's profit. Nothing else was said for its use case though it can be used to bet on the casino. With that, the supply can really reduced until the casino owns them all.

But like any other coin in the bear market, all will be dumped. No casino token has become very popular in the forum but that BFG but even this also has limited use case which will have no demand for investors.
Maybe we haven't seen much of the use of casino tokens, so it hasn't caught the interest of big-time investors. This is where the real challenge of the casino is to develop its token so that it can provide more benefits for its users and it is only a matter of time. And in this bear market, where almost all tokens are experiencing a decline, casino tokens are also experiencing the same thing. Hence, it is not surprising that casino tokens are struggling to increase.

But if the bull market returns and almost all coins and tokens increase, the casino tokens may also increase. And it's also possible that more investors will join, especially if they are the potential profit from this casino token.