Quote from: ScamViruS on October 14, 2022, 08:20:23 PM

Quote from: strunberg on October 14, 2022, 02:27:47 AM

gambling token only survive if its gambling platform survive , demand come from its user and actually when it dumped user should buy it for cheap price. they used it as regular usage when gamble, so why should affraid with it. if we understand , gambling token was not for investment portofolio , so when ever it down or rise it have no influence to gamblers, except they hold it and hope could be another top cryptocurrencies. owl , moonbet could be example on how it dumped, as long as gambling platform user needed they will buy it no matter in bearish trend.

When you think these tokens are not an investment then why would gamblers go to buy these tokens? It is important to establish what benefits gamblers will get by just using these tokens within the gambling platform. No token demand is created overnight, it requires proper development and facilities for gamblers. At least I will not be interested in buying and using that token on any gambling platform when a token continues to be dumping. It is very difficult to achieve success until the right demand is created in the market.

Well, I don't know how it will be that the other players can see these tokens, but obviously they have to see it as an investment, which gives some benefits within the casino, but in the end they are taken as an investment, of course, these tokens would take much more level and more seriously if they would be in an exchange like Binanace, Kucoin, exchanges that give confidence, for some investors this is essential, because I know that they can have good demand volume in a decentralized exchange, but nothing like these exchanges that give more category and can achieve many things to continue doing, if we take into account what they can achieve, the potential of each token is unimaginable.

Quote from: Fredomago on October 24, 2022, 05:26:17 PM

Quote from: makishart on October 23, 2022, 10:57:49 PM

Quote from: babygun on October 21, 2022, 09:55:10 PM

All these altcoins and platforms that offer very high APY's are not sustainable and will either lower them dramatically or just become a scam . I prefer a "lower" APY like 50 or 60% but that you know is sustainable in the long term.

True but i rarely seen a gambling platforms that does the same like meme token which has been offering like thousands percents or even more. Mostly of gambling tokens were offering realistic staking combined with dividend to the token holders based on how many revenue being received by the platform will be divided with total tokens that being owned by token holders. People will not also believe if the platform has been offering non sense APY like meme token.

It based from the revenue and it gives interest to potential investors who are also playing inside the house, they are seeing how the business works and what are the possible ways of earnings aside from trying some luck playing their favorite gambling games, those staking rewards are sufficient to hold their investment and wait till the value of the asset will grow.

Quote from: mdzahed134 on October 24, 2022, 04:38:39 PM

Quote from: xSkylarx on October 16, 2022, 09:29:30 PM

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

Its not a matter of Centralized or Decentralized tokens, no one will be 100% guaranteed. If gamble tokens is good utility why it will not be long term? i see a few gamble platform surviving for the last few years and their tokens have good enough utilities in the market. But i'm not fan of holding gamble tokens, especially long term i will never invest.

A matter of choice and how you foresaw the success of any assets that you think will work for you or serve as your investment token, maybe from your view, gambling token is not worthy to invest your money, but for some other investors they are okay with gambling tokens, they belive that with the success of the business the chance is good for them to gain decent profits in the long run.

Well there is something that we must understand, all people who buy tokens or who buy altcoins have to know that they have made a calculation based on their profits, (what they decide to risk is already up to each one) in case of that, a reasonable time from the moment the BTC rises in price, because it is most likely that the altcoins and tokens begin their bullish career, this means that we as investors must review very well what we are going to do and the ROI (if any) From the moment that BTC reaches a good price, this is something that should be taken into account, otherwise I think that a person will always have uncertainty in their life.

Quote from: Desmong on October 24, 2022, 09:39:00 PM

Quote from: mdzahed134 on October 24, 2022, 04:38:39 PM

Quote from: xSkylarx on October 16, 2022, 09:29:30 PM

Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.

Its not a matter of Centralized or Decentralized tokens, no one will be 100% guaranteed. If gamble tokens is good utility why it will not be long term? i see a few gamble platform surviving for the last few years and their tokens have good enough utilities in the market. But i'm not fan of holding gamble tokens, especially long term i will never invest.

Most of the casino projects are not listed on a popular exchanges which I don't know why. Many of the exchanges they are listed are not that known and this alone do many users to be afriad of losing there funds and coins to exchange that has no reputation. How I wish some of these casinos coins are listed on popular exchanges, that will attract more investors to keep buying.

Well, to be honest, he was a person who always advocated that they go for Binance, because it is one of the most famous exchanges and has a large amount of capitalization and volume that is handled, but I do not like that the data that a government needs Binance gives them once, I do not like that they are always kneeling before governments, that is something that disappoints anyone and whoever is an investor will not trust, I would be happy if they enter an exchange like Kucoin, for me it is very complete, It is an exchange that has proven to be very reliable and has handled very good market volumes.