Quote from: Fredomago on October 27, 2022, 10:06:45 AM

Quote from: LUCKMCFLY on October 27, 2022, 12:38:26 AM

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.

Setting your target after placing your investment is the bes way when working to this kind of investment, aside from waiting for the value to grow staking also helps to add more for your profits, but it's always better to understand that opportunities will come up and if you know when to make your exit with profitable venture even casino tokens will give your benefits, it's just a matter of how well you really deal with your research and you really anticipate the right time frame for you to earn out from your investment.

Either with the full amount of your investment togehter with your staking rewards or you will just take your initial capital and allow
your gain profits to grow more.

Yes, usually when I get into a type of token investment, what I usually do is forget about it and just follow the price of Bitcoin, because as the price of Bitcoin grows, the investment of the token will grow, so in that case what I do is be calm and wait, then I worry about investigating other things, it is already known that one day BItcoin will grow, be it now or in 2023 or in 2024, and when it does it will be very big and if we wait approximately 8 to In 10 years the investment will be millionaire, so here we must have the mind like the investors of the stock market, in the long term it is much better if we want to enjoy our benefits.

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Quote from: bittraffic on November 01, 2022, 05:31:27 AM

Agree. All altcoins are worth holding only on a bull market to get a huge profit. Some of us however are hopeful to make an earning while staking those casino tokens. It somehow helps though since they are dividends token. It's best to just chose the tokens that are found in binance, not all casino tokens are on this exchange. BFG, OWL and TFS are not on it.

While I can agree with your statement, it also depends on what price you bought your coins. So even in a bullmarket, when your coin goes up 400%, you can still be in loss. I think, you also need to have an exit strategy and take profit from time to time.

i am with you here. better secure your initial investments rather than wait too long. at least, you are safe that you got your funds. then, if you wait, you are just waiting to earn profits. make sure to keep up with the progress related to token developments.

All altcoins, including those discussed in this topic, have one feature that a potential investor should understand well.
I mean the fact that altcoins can really rise in price only if the devs of these altcoins make some significant improvements to the functionality of the tokens and publicly announce it. But similarly, there may be token price failures due to failures and hacking of the blockchain. So in any case it is a very risky investment. In order not to lose capital and make good money, the investor must be very well aware of the plans of devs. And sell the corresponding altcoins in time, for example, by buying usdt or bitcoin.

There are few gambling tokens wherein market prices gone up. Most of the time, the market value of gambling token is either stable or falling. Stable because its supply si continuously circulating because it id a token being used in a gambling platform, demand won't be that high because on the usual, the token supply is huge. To fall on the other hand has a tendency especially if the gambling platform itself did not manage to attract the attention of many gamblers. Much better if you would directly invest to the project itself thru 'shares' if you are really looking for profit from investing in gambling related projects such as with what I have tried doing (earned some profit but BTC affected the profit. But I won't point finger to other factors, I also made some errors, but the idea is there already). Here's the thread (not as updated as before, quite busy these days but I'll follow it up maybe next week or month):

https://bitcointalk.org/index.php?topic=5239794.msg54203954#msg54203954

Feel free to thow your opinions as well.

What you say is very interesting, however I will always be guided by something very simple, if I understand well the movement of the Bitcoin and crypto market in general, it is easier for us to do certain analyzes that will help us take better care of our money, and that is that if Bitcoin does not rise in price, it means that it is very difficult for altcoins to do so, and if it is a token then it will also fall, the coins that do and if they rise in price is because, effectively, the safest thing is that they live off a pump and dump, which is what mostly happens.

Now, the other case is that the casino or the platform manages to have a large community, as happened in the ICO projects in 2017, and very few casinos have it, if a casino manages to make or generate a large community, I am sure that despite the falls of Bitcoin can maintain the weight, of course large investors have to enter and fully believe in the project of the token.