Quote from: satscraper on Today at 06:32:48 AM

Quote from: Fivestar4everMVP on April 11, 2024, 06:20:17 PM

Investing in casino tokens I would say comes with rather a high level of risk

Agreed, investing in those tokens is just like investing into the variegated rake-off glittered across all tables in the dice pit with the purpose to place a bet latter. Regarding crypto, I believe that the only investment worth to consider is bitcoin which allows to gamble at casinos to make (if you are lucky) more bitcoins and so on.

Definitely, in the entire crypto currency market, bitcoin is the only and number coin that investing in it comes with very low risk, or no risk at all depending on how long the investor is holding it for, this is to say, for those who are investing in bitcoin for the short term, maybe for like 3 to 6 months or less, there is a low risk and chances that the price of bitcoin may not have gone up at the period in time to give them the opportunity of selling their bitcoin with profit.

But on the other hand, those investing in bitcoin for the long term, which I usually consider to be as from 4 years and above, this ones kind of enjoy no risk in their bitcoin investment because within those years, the price of bitcoin would have pumped well giving the opportunity to sell their bitcoin with profit.

But then, coming back to altcoins, and casino tokens in particular, they always have this risk and chance that, after pumping for the first time and creating an all time high price, it will never again break that all time high due to lack of interest in the token from both investors and traders, and this is usually due to lack of utility for the token.