Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
virasog
on 16/01/2023, 17:32:17 UTC
I bought fun tokens when they were launched on the freebitco.in website and after a few months I ended up selling them at a loss because the performance was much worse than the price of bitcoin. In other words, it was more profitable to invest in bitcoin what you had invested in Fun tokens and the difference in profitability compensated you for the extras you get in freebitco.in and you have more to spare.

After selling I have not followed the evolution of the price, but now I have just looked at CMC and I see the price of the token is not rising. Not worth in my opinion.



You need to understand that when bitcoins dumps. altcoins always dump more than the bitcoin. Similarly, when bitcoin pumps, altcoins always pump more than the bitcoins. This is why we see in this bear season that Fun token along with other altcoins dump more than bitcoin.

Also, the whole year 2022 was a downtrend for bitcoin, hence you will find the prices of altcoin on constant decline. Anyways you have sold your fun token, but if you had patience, you could have hold them till the next bull run and you would not have to bear the loss.