Are NFT Tokens a Good Long Term Investments?

[Chipard]

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?

[1714006036]

1714006036

[passwordnow]

Is it better to trade NFT tokens rather than holding it for longterm?

I say yes. If you're unsure of what you're holding then you better dispatch and sell them. You understand how most of these NFT are and they're really hyped based, at least for most of them.
And those that are for real and with a big economy and community, they're likely to stay even a bear market comes and shakes everyone that's holding them a lot. Maybe some of them are really are long term investments but if it's long term, I'll rely on only a few crypto and not with NFT, they are bitcoin and ethereum.

[Javi_Anibarro]

As you mentioned, almost all of them are purely based on hype. If you ever have a chance to trade it and make a profit out of it, why do not you do that?
Since a new NFT will keep coming up every day/week/month, there is no guarantee the demand of NFT you are holding right now will remain the same or increase.
If I were you, I will trade them all and only hold a few of them if they have a solid backer behind them.

[joeperry]

I am not really sure if they are good for long term just like what you have said many projects rug pulled their projects if you have multiple assets I think it is better to take profit now, since you are unsure what is the future of it I think it is better to sell some of them today and leave a few just in case it will increase in the future. I really do have doubts in NFT for long term investment since they don't have actual use and I don't think it will be in demand in the future.

[avikz]

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?

Don't plan to hold NFT token ever! They are not worth your time! If you can, rather trade on them to make quick money and move out from such token. You are correct in saying that NFT is hype and I agree on the same. The entire NFT market is based on hype so you shouldn't hold any such investments.

If you are thinking of coins that you can hold for long term, head over to CMC and invest in top 10 coins. They are worth holding for longer term.

[MadeMen]

I'm of the opinion that NFTs are majorly not good for long-term hold. NFTs are just like meme coins, which are based on hypes and seasonal. It seems like we're in the era of NFTs, but this could only be for a while and this phase would pass. It's wise to convert your NFTs to coins like bitcoin and ethereum. Those are the projects I believe are best for long term hold.

[lobo13hf]

Is it better to trade NFT tokens rather than holding it for longterm?

Sell them all when they are still getting hyped. Once the hype will be gone and you will not able to sell them again as there was no demand for yourNFT. It will not last forever and take your golden chance to get the good reward from your airdrop and don't miss this good opportunity for you to make money from there. Holding it for long term is the worst idea caused by you didn't even know whether someone will be interested with your NFT or not when there will be no hype for your NFT. Think about that wisely. If you can get money from there and just use it to buy tokens from the market.

[tsaroz]

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?

Most of the NFTs and so called NFT projects are hype. The value of NFT is decided not by which platform released it or on which chain but by whom and what significance it holds. Real NFTs are tradeable cross platform and the ones that ages well are made by original artists rather than issued by unnamed people. 99% of these NFTs would hold no value in long term. Just a few ones by original artists would age like a real piece of art.

[cryptolukey2000]

It really depends on the utility for me, the token has to be useful and there has to be things planned for the future that will help it hold it's value or go to the moon. I recently invested in token called 'SHOO' which is used in a Play2Earn game called 'NFTshootout', I'm very bullish on this and believe in the team to make it something much bigger! If you can find these tokens early as a 'hidden gem' then they can make you some big profits, it's all about the team, you need to feel safe investing in them.

[EmmaGod]

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?

It depends on your strategy. I've come to realise that there are no promises or certainty in this market. I'll rather strategies on taking both approach. In the sense that some tokens would be traded and others kept for medium to long term hold, basically to take advantage of the potential increase in value.

[Yaunfitda]

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?

No one can really answer you mate, it's a difficult question and I think majority here will agree. As you have said, there are legit and good project, on the other hand some doesn't have a good price.

And we all know that hype is just hype, it's a fad so sooner or later it will fade because a new hype will come along. So I will say that better do your own investigation and see what NfT tokens are a good hold or not.

[ije07]

If you get NFT at a high price, it's better to trade it because I'm a little doubtful whether NFT will be very good for us to hold in the long term because most of the NFT I hold also get prices that continue to fall, well even so not all NFT projects are like that, if we get NFT and hype at that time, you better immediately release these assets and from the results you can put them into assets that are more promising for the long term.

[asyakashi]

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?

What I understand from NFT is that there comes a time when it will recede.
For example, in the past, there was an everyday gozali NFT which was talked about a lot by other people,
now it has disappeared as if the trend has run out.
I took the decision that NFT cannot be well kept in the long term because the trend will surely end.
I know NFT can be used on any platform, as long as it can scan your NFT,
but what I mean is when the tred of an object from the NFT actually disappears.
Like everyday NFT gozali, NFT may still be a trend, but not with the algorithm itself.
There will come a time when the NFT really becomes an ordinary masterpiece.
before that happens it is better to sell it immediately.

[X-ray]

Recently I recieved many airdropped from new projects of NFT tokens, Some are in good prices

Sell them all when they are still worth some bucks. This is the golden chance to do that.

like BAY and XPUNK, but many other NFT tokens are falling and rugged. But I know mostly of NFTs are based on hyped project,

They are falling caused by there are only a few NFts that can be trusted by people to be used as collection was the rest issued by scammers as a way to steal money from the NFT buyers.

and no one knows what will be the future of them.
Is it better to trade NFT tokens rather than holding it for longterm?

If i were you and i wanna try to sell it before i will try to hodl it for long term. Think about the possibility for your NFT to go down to the bottom and then you just need to think about that. If you can get some money from there and why not? NFT can be minted anytime.

[lornadane]

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?

What I understand from NFT is that there comes a time when it will recede.
For example, in the past, there was an everyday gozali NFT which was talked about a lot by other people,
now it has disappeared as if the trend has run out.
I took the decision that NFT cannot be well kept in the long term because the trend will surely end.
I know NFT can be used on any platform, as long as it can scan your NFT,
but what I mean is when the tred of an object from the NFT actually disappears.
Like everyday NFT gozali, NFT may still be a trend, but not with the algorithm itself.
There will come a time when the NFT really becomes an ordinary masterpiece.
before that happens it is better to sell it immediately.

I agree with your opinion they better sell their NFT tokens now.
As you said the day-to-day gozali NFT is now completely gone.
And what's the story with a game that can generate NFT, can it always be paid for or one day it won't pay off again.
And this also applies to NFT tokens right.

[michellee]

You can hold your NFT tokens for a while but not hold them for the long term and not use NFT as your long-term investment. I consider NFT tokens as a short-term investment as the price will change faster than other altcoins and many NFT projects do not have a chance to survive in the long term. Maybe some projects can survive for some time, but not many of them can do that. I suggest you sell your NFT token once the price rises higher and leave the project and not invest in them again because you already make a big profit and you can search for other reliable projects to be your next investments.

[Findingnemo]

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?

Exactly, the future of these hyped projects are uncertain and most likely will be a failure so make some money by selling right now at what price they have got and you are not going to be in a loss since it came as airdrop so converting it into real money like bitcoin is smart move and if you can hold the Bitcoin for long term then certainly you will get the reap

[Chipard]

Thanks for the great advices, good to know more that NFTs are really not for long term based from your experiences and ideas. Honestly I missed a lot of huge profit for hoping it will go higher more lol, then realized nahh It was all hyped maybe I was too greedy  but now I know what to do, take profits immediately before its too late. Thanks guys!

[hyudien]

My personal opinion and what I know about NFT is about Hype where you have to follow the Hype from influencer information. When the ad opens itself and prints NFT and then sells it, it's also not necessarily someone who is interested in buying it. Unless you visit it by an influencer. Furthermore, regarding the long term, it's not an option in my opinion if you invest in NFT, because of the hype that continues to roll and alternate with the latest trends, then the possibility of a sinking NFT will be difficult to rise to the surface again. But back to the value when and the uniqueness of the NFT that you have, is it common in the market and can be modified, or is it limiting in the world, in other words, the supply is limited.

[Kelvinid]

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?

Never ever expect more from airdrops unless, if that was coming from the old coins But you might be lucky having to tose NFT have value in the market but the question is if you can sell them and make money from it or that it turns like a souvenir like the previous free coins.

Is it better to trade NFT tokens rather than holding it for longterm?

I'm afraid you will lose your stamina if you can see your NFT have no value years from now. Sounds irritating, right? That I suggest to sell them if you want money if not, make these things as a sort of collectibles.