Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
FinneysTrueVision
on 20/03/2025, 08:41:41 UTC
Having held these tokens for the last year my locked fun have been released and was only able to sell them for 1 satoshi each. So lost over 4x the value of what I had bought them for at 5 satoshi each this time last year.
Bitcoin's price was $60,000 so spent 0.0125btc from what I recall. Was only able to sell them all for 0.0025btc doing this straight off the site so they took nearly half of what I would if I was able to withdraw these tokens to an exchange and sell them on there.

FUN is currently worth the equivalent of about 2.5 satoshis, while you can only sell them for 1 satoshi on the website. The exchange rate has reached a point where it is no longer worth it for me to sell them directly on FreeBitco.in. Gas fees are low enough on Ethereum that I decided to withdraw my unlocked tokens on-chain and swapped them for yield bearing tokens that can hopefully help me recoup my losses.

There are reasons to believe they might face liquidity issues soon, but as long as there are enough funds in their wallets to process withdrawals, I will repeat this process when the remainder of my locked tokens reach maturity.