Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
tusandii
on 23/04/2023, 12:53:24 UTC
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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.
I'm not calling for or suggesting someone to invest in this token buddy, even for long term investment I highly recommend choosing tokens that have clearer prospects like BTC or ETH.
But when you want to trade and make a profit for a short time and can be done repeatedly in a certain time a token like this is suitable because it has a lower price and the price fluctuations are quite significant so that if traders can take advantage of it they will easily get profits in every trade they make. do.
I was never sure that gambling tokens could succeed and have such high value in the cryptocurrency industry in the long term.

-snip-

There's always a risk of losing money, with any investment. If there was an asset that guaranteed you profit from investing in it, most people would stop working to earn money, they would just keep investing and gain profits all the time. If you have studied the project and realized that it has a good potential, you can take a risk and invest in it, even though most people think it's not worth it. In 2012 investing in BTC was considered stupid compared to investing in gold, but now we can see that it wasn't that stupid as it looked.
Yes, all types of investments have a big risk of losing money, but if we have the soul of an investor and are able to invest for the long term then investing in tokens like BTC and ETH will provide greater profits even though there are no guarantees.
We can do research that the two tokens do indeed experience significant price drops, but when the time comes, the increases always exceed the highest ATH before.