Quote from: BlackBoss_ on July 13, 2023, 07:07:47 AM

Quote from: avp2306 on July 13, 2023, 06:19:28 AM

Just miss the train but don't want to ride while its still moving up so I guess much safer option to do is to wait for it to dump if many investor will secure their profit or just move on to another since its like buying the this at ATH price. But will continue to follow the price action since its really interesting to see the current price action happening to RLB.

Joining or observing, now or wait, it depends on what you want to do. Trading or investing and if investing, how long will you plan to invest?

I agree that after the tsunami ride of this token, it is safer to stay watching but it is interesting to see the $RLB token has such a tsunami wave in 2023 bear market. It shows that the token has very good potential which is not surprising because it is backed by Rollbit casino.

In addition, the casino has its buy back and burn program for the $RLB token and a bigger Rollbit becomes in future, a more profit from the casino will be used for buy back and burn $RLB token.

The buyback certainly helps but it needs to grow a bit more, because when there are this many people who have it, and not enough people who are interested in buying it, that causes the price to drop time to time, with a bigger buyback and burn program, it could change and with the money they make from gambling income, they could just spend that on buying more and more back, and burning them all.

This way the demand could meet with supply finally and the price will not drop all that much and it could go up a lot when the time comes as well. I know it is not going to be easy to arrange that, but I am sure that it will happen one way or another. This is the way to approach it, and it could definitely make everyone involved a lot of money.