Comments (7707)
This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.Thats why its a must to always DYOR before engaging yourself because it has risk, either you'll gain from it or lose your money for buying. Because not all NFT projects are good to invest in unless it has a use case that can sustain it. The reason why Rollbot NFT's are better investment aside from the privileges for owning, you can sell it anytime on their own marketplace.It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.
The extremely high prices (nowadays comparable with very expensive real estate) were of course only paid for "particularly beautiful" tulips, so it is comparable with e.g. paintings where the price is so high only because someone wants to pay so much for it.There is a bit of a difference though. In the tulip mania, people bought tulips, like literally tulips, it is nothing original
By the way, also at that time no real tulips were traded but only "property rights", so pretty much what is actually nowadays a NFT.
Source (The wikipedia article covering the tulip mania is very good)
I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.
Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into thoseI'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.
average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.
So its a matter of choice whether they do engage or not its up to someones risk management and since its their money then its their decision whether they do dive in or not.
Because whales are rich and they are not hurry to make more money. They have good experience and enough patience. The net of such things help whales to get success and enrich their capital.Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.
Small traders will use leverages and get killed by liquidation on exchanges. Whales don't have to use leverage.
Small gamblers will use high multiplier for their bet, so they face with extremely high risk of loss.
Like on gambling sites with waggering contest, whales don't have to gamble to win, they just need a draw net result to win in wagger contest.
So close yet still so far. I mean we are talking about tulips, even if it was "extremely beautiful" tulip, it was still a tulip. There wasn't only one extremely good tulip, you could get 10 of them together and then create 1000+ of them in a year. So all in all it was still not a unique thing and it was still not like art.The extremely high prices (nowadays comparable with very expensive real estate) were of course only paid for "particularly beautiful" tulips, so it is comparable with e.g. paintings where the price is so high only because someone wants to pay so much for it.
By the way, also at that time no real tulips were traded but only "property rights", so pretty much what is actually nowadays a NFT.
Source (The wikipedia article covering the tulip mania is very good)
I am not here to defend NFT, I own zero NFT's and never owned any so far, but still I have to accept that it is more like art and nothing like a tulip thing. I get that it could be property rights and that could be the main reason, obviously there wouldn't be that much need for the tulip itself, it was just a way to make money for some people, same as NFT, but still that one made no sense at all.
There's so much difference between the two if you do tend to zoom out on larger scale thats why minding it off would really be just stressful.Because whales are rich and they are not hurry to make more money. They have good experience and enough patience. The net of such things help whales to get success and enrich their capital.Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.
Small traders will use leverages and get killed by liquidation on exchanges. Whales don't have to use leverage.
Small gamblers will use high multiplier for their bet, so they face with extremely high risk of loss.
Like on gambling sites with waggering contest, whales don't have to gamble to win, they just need a draw net result to win in wagger contest.
Those points you had mentioned out were truly accurate talking about with whales which is a bit understandable if you do ask me.
This is why trying to behave like a whale even your resources or finances are way close into the floor will really just make out
silly mistakes.
High risk is associated with high profits but the case should be that your investment is right as some are only risky and will not give you any profits so take it into consideration beforehand.Rollbit NFT could be used for extra benefits on casino and you could sell them on their marketplace so it's better to have them.I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.
High risk is associated with high profits but the case should be that your investment is right as some are only risky and will not give you any profits so take it into consideration beforehand.Rollbit NFT could be used for extra benefits on casino and you could sell them on their marketplace so it's better to have them.I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.
@worle1bm indeed investing in NFT and crypto comes with itÂs fair share of risk, but if a NFT is backed by utility as seen in Rollbots case then I feel itÂs not risky, rather I would term it as one of the best investment one can make. Also seeing how Rollbit has established itÂs name in this industry, I wouldnÂt be surprised if people recorded huge profits from these Rollbots.
Mostly people who have hold these nft's have made huge profits but speaking generally many have made fortune from it but yes Rollbots have some sort of guarantee that it will provide benefits to the players and some more perks to the players who have these Rollbots so it's actually they are getting profit from them and then you could sell them on marketplace and secure your investments.High risk is associated with high profits but the case should be that your investment is right as some are only risky and will not give you any profits so take it into consideration beforehand.Rollbit NFT could be used for extra benefits on casino and you could sell them on their marketplace so it's better to have them.I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.
@worle1bm indeed investing in NFT and crypto comes with itÂs fair share of risk, but if a NFT is backed by utility as seen in Rollbots case then I feel itÂs not risky, rather I would term it as one of the best investment one can make. Also seeing how Rollbit has established itÂs name in this industry, I wouldnÂt be surprised if people recorded huge profits from these Rollbots.
Risk, profit and earning are different. You can win big by taking high risk but you won't get profit in net results by doing so.High risk is associated with high profits but the case should be that your investment is right as some are only risky and will not give you any profits so take it into consideration beforehand.
Very few people can control themselves and stop taking high risk after they win big. It is their habit so what next after big win? Big loss that bring the net result to negative area again.
Rollbit NFT is different because it is backed by Rollbit. It is different than many NFTs that are created by young companies and we can not know what growth, development or death is waiting for those projects.QuoteRollbit NFT could be used for extra benefits on casino and you could sell them on their marketplace so it's better to have them.
With Rollbit NFT, you are not betting and you can call it as investing.
In my opinion, the first sentence is only true if the second sentence is also true: that a player is not in control and immediately reinstates the win and loses again.Risk, profit and earning are different. You can win big by taking high risk but you won't get profit in net results by doing so.
Very few people can control themselves and stop taking high risk after they win big. It is their habit so what next after big win? Big loss that bring the net result to negative area again.
-snip-
That certainly applies to some players, but I wouldn't generalize that. Should any of us be in the lucky position to win a jackpot, then most players at least certainly withdraw
enough to fulfill wishes in "real life" (cars, houses, ...). I think very few would just leave a balance of, say, $1 million and keep gambling it away.
They are right, but we must not forget that many times the whales also lose, sometimes they can make mistakes and the market goes against them and they cannot control the movement completely, this generates some losses, of course if we put it in a context numerically, the whales as well as lose have their balance in positive despite the losses, this is the only difference regarding the traders who are smaller.Because whales are rich and they are not hurry to make more money. They have good experience and enough patience. The net of such things help whales to get success and enrich their capital.Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.
Small traders will use leverages and get killed by liquidation on exchanges. Whales don't have to use leverage.
Small gamblers will use high multiplier for their bet, so they face with extremely high risk of loss.
Like on gambling sites with waggering contest, whales don't have to gamble to win, they just need a draw net result to win in wagger contest.
With Rollbit NFT, you are not betting and you can call it as investing.
When Rollbit released their NFT product with the scheme yesterday, for the first time buyers might focus on the difference between presale and sale prices. Each 500$ means that here the motive is only short-term speculation with a difference of 100%, but it is different for buyers in the second position, they have different motives and can invest with a longer period of time. NFT departs from an art. Art has a value that is timeless, meaning that at any time the price can be high according to the taste of the collectors. This momentum became a business for Rollbit to generate profit from a different side of its business focus.
How are you so sure that the net results would be negative after winning big by taking a big risk? Silly statement. So many gamblers around the world won big by taking big risks and their net results were very positive.Risk, profit and earning are different. You can win big by taking high risk but you won't get profit in net results by doing so.
Honestly, high risk-high reward or yolo strategies are easily the best ways to gamble in my opinion though your sessions will be on the shorter side.
Wrong. Some whales end up with negative net results due to their mistakes. However, their chances of ending up with positive net results when compared to small-scale gamblers are definitely higher.if we put it in a context numerically, the whales as well as lose have their balance in positive despite the losses, this is the only difference regarding the traders who are smaller.
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