Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
SamReomo
on 26/05/2023, 05:10:29 UTC
the price of FUN token today is quite low as compared to the price when i bought some long time ago, like down to 1/5 of my buying price. though i am guessing, a lot of people are still holding their FUN tokens as freebitco is established site and they are not going anywhere. so the hope is always there, just need a trigger to rise its price.
however, on the note of rewards, freebitco is continuously offering some sort of reward like right now, you can get 5x RP. and who knows, you will be lucky. after all, it is free, hence a lot are still visiting this old site for this matter.
You can check on the free Bitcoin site in the premium tab regarding how many tokens are still locked there there are around 2.7 billion tokens and compared to the number in circulation there are 10 billion tokens so that's about 1/4 locked in free bitcoin sites, and that's only in freebitcoin because if you look at the low trading volume, FUN Token holders actually prefer to just park it in their wallets rather than get involved in the exchange market.
So maybe freebitcoin can offer something different and interesting so that the owners of FUN Token not only keep it in their wallet but are also involved in trading so that this activity can affect the price, currently the price is still around 20 Satoshi but it is not impossible to drop to 15 or 10 satoshi only, and the Op will experience a significant drop in his investment due to WoF only average base reward results, but it looks like Op is also keeping his BTC in freebitcoin to earn daily interest so he can still earn a bit of profit from it

Even if they lock half of the circulating supply they still won't be able to recover the value much higher than it's all time. The token is one of the weakest in care of getting pumps and it rarely gets into consideration of a pump to get it's price a little higher. I was also holding the thing for a long time but I made the decision to sell it with loss, the decision helped me to get rid of the token because since then the price dropped so badly because of the bear market.

I agree that the token can drop even to very low levels. The token isn't going to go up anytime soon and its chances of going down are currently confirmed. The market is still not stable and there is a chance that it can drop to low levels once again. It's better for those to keep their tokens at  Freebitco as that's a good option if you want to hold otherwise the loss is really one of the worst ones.