Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
delfastTions
on 19/10/2022, 05:50:48 UTC
It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:

  • BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
  • OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
  • TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.

 Huh

All the ups and downs are part of life and the same goes with the Crypto markets as well. Don't need to get panic or get disheartened as things would get better soon. As for the OWL, I can say that they might have a good market reputation due to listing and advertising which have attracted many people and are still trending.

The casino tokens discussed in this topic all have a certain value for the players of the casino itself. 
Therefore, it is extremely unlikely that they will completely disappear and lose their value.  This is only possible if the casino itself goes bankrupt.  Due to this status of game tokens, I think, and price fluctuations for them are not as significant as for other tokens, among which 95% are outright scams.  But the general bull market in cryptocurrencies will also of course give an increase in the value of gaming tokens when it starts. 
I must say that we are all waiting for when all this will finally begin.Huh  Smiley