Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
ethereumhunter
on 29/11/2022, 12:41:12 UTC
Indeed, after you do your research and you are convinced that the project will bring profit it's you who will decide for your investment, your comparison is valid and whether the investor is leaning with staking rewards or he's just waiting for the value to increase the sure thing is as long as he's doing his investment to earn profits that's good, otherwise, if he invest just because someone tells him that he should invest and the project got a good potential then the chance of losing is possible.
In doing research we must look at the subjects' fundamentals and should observe the market longer.  Because sometimes an error in research may happen if we do the market research during the pump or hype.  Continuous observation or longer observation is needed to be able to identify the actual market of the subject.
But sometimes, people can get so bored with doing market research that, in the end, they decide just to follow other people's advice. This can harm them in making decisions because this is not based on in-depth research but only on momentary decisions.

But if we can do some research before deciding, it will be useful because we will know which tokens have a chance to make it big in the future. But be careful in your decision because there is still no guarantee that the token's price will increase in the future. And only use the money you can afford to invest so that the loss will not be too big.

Well, this market study I think you mean a fundamental analysis s? if so, it is very difficult to do it at the moment, there are many things that can happen worldwide, but nevertheless you have to have faith in something that will not fail. bitcoin will rise in price, that's a fact, the only thing is that it is not known when it will happen, at the moment the price rises the altcoins will also rise as an immediate effect because they are dependent on Bitcoin, like these toekns, and more these because they are from casinos, they have a better project and a great support, I do not see anything wrong with the fact that it can be bought, however we must take into account that it can be lost, nothing is certain.
I think it's not just fundamental analysis that we have to do because we know that nowadays, the price of bitcoin has been influenced by many factors, not just one or two things. And I think gathering more information, especially valid information, will help us analyze and find other hidden information. I'm sure it will be useful for us in deciding so that we can adapt to the current situation.

And if we talk about tokens, where the price of these tokens must follow bitcoin price movements, maybe we need to look for other information directly on the site so we can find reasons why we should invest in casino tokens. I guess it would make more sense if we could get some information from them and decide to invest in those casino tokens. But we must remember never exceed the limits we can afford to invest.

Definitely this is one of the things that should always be done, when we do a research work it will always contribute to what we are looking for, if we want to obtain first-line information, nothing better than seeing it from the corresponding site, all this is valid, what happens is that sometimes we have to do other things, other investments, or just play sometimes time passes there, I am a person that sometimes when I need to relax I go to stake.com, or bitcasino. io and I play a good round of slots, so sometimes these things take time and sometimes we can neglect certain project details.
I also do it like you because sometimes, if I find it difficult to find information about a particular coin, such as a casino coin, I can find it by visiting the site and maybe I will play for a while there. And it can help us to get more information by reading a lot of info from the casino sites that have the token so that we can know what kind of casino token we want. And it's not just playing in the casino, but we can ask customer service about the casino token and usually, we will find better information than others.

Sometimes we want the best to invest, and sometimes we want to have profits much faster than normal, and this for now in the field of cryptocurrencies is very difficult, to be honest I think that a person who invests in tokens and wants to have profits you need to wait until at least 2024 to see how it all looks like information and some data are always good things to consider like capitalization how many tokens you have in total if you have a good recording algorithm this means that yes there is It is a good project, but even so the technical aspects are very good to take into account, what they can say on social networks can easily be manipulated, then there is nothing better than their own research.
But the problem is we do not always get the best. Sometimes we must go through the worst before getting to the best. And while they invest in tokens and expect to earn faster profits, that can only sometimes happen. We must remember that sometimes there is a longer waiting time for a token or coin to increase, and we will not always achieve that within a certain time frame. So before you choose any token or coin, you should look for more information to choose the right casino token. Keeping track of the activity in the casino and its social media can help and this is where we need to be more active than others to find the right reasons to invest in casino tokens.