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Author Topic: Are NFT Tokens a Good Long Term Investments?  (Read 2506 times)
Ayers
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August 03, 2022, 04:35:26 AM
 #261

NFTs can be useful for fast profit, but it's not advised to hold them for too long. All the examples around indicates us this fact and I could mention Axie Infinity's SLP and the Axies themselves as examples. It means even successful and long lasting projects are subject to devaluation, what at same time doesn't mean these NFTs are dead or useless, though.

Just like the other trendy things before in crypto, profitable but not meant for long-term holding and investments.

Anyways, that should serve as a good reference to anyone that a certain hype will eventually fade. If that hype will return, no one knows.

Much better that while spending time and money on trends like NFT or on the future trends that will appear in the crypto-world, use also your resources learning how to trade as that's only the best and proven way to earn profits out from the heavy crypto-market volatility.

pursuing new trends in the market is also considered a good investment, as long as you catch it and be a pioneer in the trend, you will

make a profit
in addition to learning how to trade to increase profits, we can also become real holders, holding bitcoin and top coins will also bring good returns if we hold and trust into them

Shasha80
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August 03, 2022, 04:52:55 AM
 #262

I didn't expect much from NFT. Because for me NFT is not for long term investment. but only more to the valuable collection. But maybe everyone has different thoughts regarding NFT. and maybe some make it a long-term investment. but I guess not much. but there are some people who are lucky. buy NFT cheaply and because of the hype the price of NFT is high. so get a lot of benefits.

Actually, if we can use NFT properly, NFT can generate good profit for us. But because NFT has been developing for quite a long time in the crypto
world, so don't expect too much from NFT. Since there is a possibility that NFT will be replaced by a newer trend, it is likely that people will start
switching to a new trend. After all, the crypto world often appears new trends, so don't be too optimistic about NFT. So I agree with you, that NFT is
worth investing, but not for long term investment. I recommend NFT for short term investment, which is if we buy NFT projects and the price has
gone up, then we must immediately take profit. So as not to regret if the price suddenly drops, because in my opinion only top coins are feasible
for long-term investments.


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August 03, 2022, 05:22:30 AM
 #263

Recently I recieved many airdropped from new projects of NFT tokens, Some are in good prices
like BAY and XPUNK, but many other NFT tokens are falling and rugged. But I know mostly of NFTs are based on hyped project,
and no one knows what will be the future of them.
Is it better to trade NFT tokens rather than holding it for longterm?
NFT was victorious for a while, but I see now that the NFT project is not so popular anymore, maybe because of the competition in the crypto market that makes NFT tokens not widely enjoyed, but there are some good APE good opportunities in the future.

However, I think NFT tokens are still enjoyed by fans, it's just that you have to look at the potential NFT tokens in the crypto market, for investment.

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