Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
Coin_trader
on 09/08/2024, 07:53:11 UTC
If the problem was solely the devaluation of FUN token we would be fine.

In fact, the devaluation of the FUN token is no small factor. At least because of it, there is no point in locking FUN tokens on the freebitcoin site, especially for a long period. For example, if you bought FUN tokens a year ago and locked them for 360 days, this investment would be unprofitable for you now.

This is the greatest downside on casino token investment. The devaluation is too high compared to the APY you can get. Worst part is you can’t do anything rather than just watch your investment value crash since it’s locked.

Also the 25%APY is the main reason why the token price keeps dumping since investors that will get profit automatic dump their rewards to take profit. I’d rather stake stablecoins with smaller APY rather than this too volatile tokens even with insane APY.