Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
Strongkored
on 13/04/2023, 01:49:34 UTC
It would be better if you intend to invest in clear and certain tokens like BTC or ETH and never invest long term in FUN tokens because there is a lot of risk of losing money.
FUN tokens are only suitable for trading in the short term to get gradual but consistent profits so that if you experience a decline we don't experience too big a loss.
Investing is profitable if you can properly invest in prospective tokens, but many investors are too greedy with profits so they invest in obscure tokens so that in the end they only get losses and lose some of their money.
Remember no one will suggest investing in FUN tokens.
But actually, if you have been paying attention to this token for a long time, then you would not suggest choosing this token as a trading option for either daily or mid-term, why? because the price of this token is too stable and only rotates in that price range, so traders will not get commensurate profits. Even though for FUN-BTC price pairs the price continues to fall and these price pairs are only available on freebitcoin on other exchanges the trading pairs are FUN-USD/ETH and only in these trading pairs the price moves up and down following BTC, but that does not mean investing in FUN for getting premium membership becomes unprofitable, because for gamblers they have other targets and benefit from other things provided by freebitcoin.
Although investing in BTC or ETH may seem safe, there is no denying that altcoins often provide greater returns with shorter timeframes you just have to be able to find the right coin.