Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
piebeyb
on 12/02/2023, 15:28:46 UTC
I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley

to return the price per 37 satosi on the FUN to BTC exchange, of course, waiting for the BTC price to fall again or really be in a bearish market again, even if you sell it in BTC when the market is bearish what's the point, isn't it necessary to see it from the value of fiat currency to see the point even  Grin
Meanwhile, he can keep holding on to his FUN tokens while waiting for the price of the FUN tokens to increase again. I think he can buy more FUN tokens at the current price because we saw the price drop by a few satoshis so he can increase his FUN token amount. With the price now at 32 satoshis, he can invest some money again and this time, he can earn more tokens than before. But of course, if we want to invest in any coin or token, we must calculate or know the risks we will face and only use the money we can afford.
if in the end the value of the exchange to bitcoin goes down but the exchange to fiat currency goes up, I think there is no problem, I also know that in freebitcoin there is no fiat money, there is only bitcoin, maybe that's the obstacle for everyone because they have to exchange it again into bitcoin , even though they can also withdraw FUN to the exchange but of course it costs quite an expensive withdrawal fee because it uses the ETHEREUM network and there is no solution for FUN on other networks at a lower cost