Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
Hamphser
on 30/11/2022, 20:20:38 UTC
Well, you are right about that, they took the side that was most convenient for them, all tokens that are on Binance obviously attract attention, and they are aware, in fact, as soon as they know that there is a tkne on Binance, some investors see it much more secure , they see it with more liquidity and it can give some risks in favor of investment there, what you say is not bad, and the team that was able to put their tokens there is worthy of congratulations.

I have seen many projects that are very good, and that always want to enter the best exchanges, but I do not know what happens to them along the way, something goes wrong and they do not enter, that sometimes makes those projects collapse.


Although some of your points are valid but just because a coin is available on binance doesn't mean it will give them good returns.
Obviously it might have a good liquidity for a certain time since binance is the largest crypto exchange but it has to have a utility inorder to gain momentum in price.
Risks are associated with all the coins in crypto market but most of the times coins and tokens with better utility tend to survive for a longer time.
Utility which is of course it would really be followed up by demand and recognition.Being listed on Binance doesnt automatically means that they would really be successful considering that it would really be still

depending on how would able to sustain and does have the volume which if they cant really be able to sustain that, then it would really be still ending up on getting delisted and would eventually die
in the end.Therefore, this do really shows or means that it is really that needing some risk taking which is really that important since from the beginning.
Doesnt matter if you are dealing with casino tokens or not because price or value would be entirely be depending on your choice because we do have different views and considerations
when it comes into our investment.If you could see that it is really that something interesting and does have potential then go and invest but if not then just simply skip out.