Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
babygun
on 01/01/2024, 12:32:54 UTC
On the other hand, those who bought FUN in the early days are not at loss entirely. I mean we have been blessing with WOF rewards and 25% APY too. That has atleast blessed us to reach near BEP or above it. But yeah it needs lot of hiking to reach to next level.

In the long end you will always end up in profit, just thanks to the WOF spins. My average buying price is around 60 satoshis, bought some when they launched it at 100 satoshis, so we need a massive rise before I will end up in profit just based on the FUN price. But with the WOF spins and the increased interest, I think my investment is already paid back.

If I hadn't FOMO'd in the beginning when the price was so high I could have already had a nice profit by now. The daily interest, wheel of fortune, and FUN savings can greatly mitigate your risk if you DCA and accumulate at a gradual pace. Somebody with a large balance earning lots of interest could invest at practically no cost with the only downside being that it might just be more profitable to stay with BTC and not convert to FUN. There is also custodial risk, but that's a tradeoff many people have already accepted when they decide they want to play on the site.

While you are right and in many cases it is good to do DCA, how many people do really do it for crypto especially when the price keeps on falling? Even though the prize is a lot lower than before, I have a bit more than 12.500 FUN tokens which gives me the most optimal tier (in my eyes), so I don't see the need in buying more to lower my average buying prize also.