BuNga_cute
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April 05, 2022, 11:16:59 PM |
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You said it yourself. You think that NFT tokens are mainly based on hype. So yeah, once the hype is over, the price will crash. So your NFT tokes are good only for short term with huge risks involved. I doubt there are any NFT tokens that are good for long term investment, but who knows. The whole crypto market is unpredictable and can go crazy any moment. If you are looking for good long term investment, then just invest in bitcoin or maybe ethereum. Hold them without worrying much about anything.
I agree only Bitcoin and Ethereum are currently guaranteed good for long term investments, or maybe some top 10 coins are still quite feasible for long-term investment. But when it comes to NFT tokens, where the increase is only based on hype, it is very risky if we invest in the long term. That is when the NFT tokens fall in price, the possibility of recovering can take a long time. Moreover, the crypto world is always emerging new trends, so there is a possibility that if there is a new trend, investors will slowly leave NFT tokens. The conclusion is that short-term trading on NFT tokens is more safer now. That's why I never hold NFT tokens for too long, if it's a profit, I will immediately sell it.
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blockman
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April 05, 2022, 11:38:16 PM |
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I don't think Nft is a long term investment, I think Nft is a seasonal altcoin whose trending is almost over, we can notice that every day the trend is getting lower, but for long term investment altcoins are like Ethereum, bnb, matic, and doge. I think only those altcoins are long-term investments
There can be some for long term but not all of them are hitting the idea that they are good for that. Still, if there's a concern and worry about the future and long term. Stay and buy those cryptocurrencies that have proved to be the best because they're the ones that will likely survive no matter what is the current hype, you'll be glad that you have them.
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cryptoserega
Jr. Member
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Activity: 186
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April 06, 2022, 02:54:57 PM |
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Now cryptocurrency is actively developing and the adoption of digital assets grow. Together whith cryptocurrency is actively developing NFT, offering more products and opportunities. The demand in NFT continues to grow. A lot depends how useful the collection is. It is necessary to create collection that is usefull for users and attract attention of community for this collection.
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perfect999
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April 06, 2022, 03:26:52 PM |
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I don't think Nft is a long term investment, I think Nft is a seasonal altcoin whose trending is almost over, we can notice that every day the trend is getting lower, but for long term investment altcoins are like Ethereum, bnb, matic, and doge. I think only those altcoins are long-term investments
Their future is still uncertain, none of us can really tell whether they are going to be worth it on a long-term or not. But the market is all about taking risk right? So, if you see something good that you really believe in and you hope that in the future it is going to have a better value that you can resell and make good profit from, then you can take your chances and invest in it. Most things that we do is usually based on chances. If you feel that something is good then you shouldn't let anything stop you from going forward and taking those chances as long as you have enough money to pay for it.
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|MINER|
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April 06, 2022, 03:54:30 PM |
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I don't think it would be wise to hold NFT. Because new NFTs will arrive over time and will be updated day by day, the value of the held NFT may decrease. So I don't think NFT should be hold .It is better to think of before starting cryptosystem, otherwise, you have to pay compensation later
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dupee419
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April 06, 2022, 07:50:17 PM |
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I don't think it would be wise to hold NFT. Because new NFTs will arrive over time and will be updated day by day, the value of the held NFT may decrease. So I don't think NFT should be hold .It is better to think of before starting cryptosystem, otherwise, you have to pay compensation later
Bad idea for long term, and you're right, it shouldn't be held for too long as new competitors arrive every day bringing in higher value, the NFT marketplace isn't really something you'd hold on for too long as the value decreases over time, some doesn't but majority of these NFTs does, it's better if you'd buy and sell NFTs until you actually reach a higher and value and sell, it's an endless cycle.
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SaveOurSea
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April 06, 2022, 09:43:29 PM |
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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?
there is no evidence that NFT tokens are good for the long term, because many NFT creators are currently doing scammers, of course it will make their NFT tokens also affected, that's only part of the case, but don't worry for the NFT itself is still developed, because this was the beginning of the advancement of crypto.
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First_on_the_Moon
Copper Member
Newbie
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Activity: 60
Merit: 0
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April 06, 2022, 10:45:45 PM |
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Now NFT investment are very popular and in demand. Many big companies create their own NFT collections and actively promote them. The demand in cryptocurrency continue to grow.
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capedbaldy
Sr. Member
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DGbet.fun - Crypto Sportsbook
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April 06, 2022, 11:00:44 PM |
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Is it better to trade NFT tokens rather than holding it for longterm?
NFT tokens are not worth holding on to in the long term, NFT is increased based on hype and can expire at any time without us knowing if the NFT hype is gone, I just take advantage of NFT hype moments for profit and don't hold it when NFT is no longer valuable.
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jahepahit
Member
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Activity: 866
Merit: 10
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April 06, 2022, 11:47:56 PM |
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You know hypes don't really last except there is a base value for it. In terms of NFT tokens I would sell when it's hyped. I believe people investing are like on a journey and picking profits everywhere they see it. So if you take too much time, you might end up hodling more than you planned.
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mzuhry19
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April 07, 2022, 02:13:29 AM |
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I can't say that all of these nfts can be long term investments or not maybe there are some that can be long term but for me personally when i have nft and i feel that if you sell it you will get a profit why not
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mindrust
Legendary
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April 07, 2022, 02:18:07 AM |
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Long term? No. Depends on the token too I guess but to me they are all scams anyway. Maybe some of them will have longer life span than the others but they will all die eventually just like how ICO's died. Be the guy that sells shovels to the gold miners. That's ethereum. It is a shitcoin factory but don't buy its products. Buy the gas which these coins use instead.
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Emitdama
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April 07, 2022, 05:35:51 AM |
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There is never any project that you are able to know what will be the future of it. No matter how good it may seem you still can’t tell whether it is going to be successful or not. Although it is far much better to hope on a very good project than the one that seems worse.
So, if the NFT token you are holding is one that seems really good enough then you might as well continue to hold it and hope that someday it would have a better value, if it doesn’t currently have a good one. But just know that there is no way that you will be able to make that prediction on whether that project or token that you are holding is going to be a huge success in the future or not.
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deathcode
Copper Member
Sr. Member
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April 07, 2022, 06:02:54 AM |
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I can't say that all of these nfts can be long term investments or not maybe there are some that can be long term but for me personally when i have nft and i feel that if you sell it you will get a profit why not
but is it good for the long term? I don't think the NFT hype can last for long. there will be a time when this industry will no longer be in demand. now NFT in the game's character to have that I think holds up and is quite a in demand. NFT which has no functionality with the platform I don't think will last long.
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MFahad
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April 07, 2022, 06:25:15 AM |
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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?
Many new NFTs,Metaverse and play to earn games project are launching which lower the value of old. Many investor now looking for Short term and they convert their investing to new project which they believe bthat this will give them short term profit. This is real cause many old NfT token price down now. I think it's better to sell and buy Etherium or Luna for long term.
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Lunafox
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April 08, 2022, 07:59:57 PM |
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Now NFT investment are very popular and in demand. Many big companies create their own NFT collections and actively promote them. The demand in cryptocurrency continue to grow. NFT offers people a lot of different opportunites, thay attract community and allow to unite people. Also NFT used to earn money.
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SDKmaster
Newbie
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April 09, 2022, 07:42:39 PM |
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NFT offers people a lot of different opportunites, thay attract community and allow to unite people. Also NFT used to earn money. Now many people buy NFTs hoping for their future growth. The most important is to find the most prospective NFT which price will grow in the future.
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lanuna_finance
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April 10, 2022, 05:40:23 AM |
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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 NFT project only survive for 1 or 2 months
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Eddyc
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April 10, 2022, 02:52:33 PM |
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The future is uncertain and we must keep this in mind despite external influences that guarantee a temporary pattern. A few years ago altcoins were the future and many people were investing their resources in this segment, but unfortunately this market has stagnated and NFTs along with DeFi have taken over the strength of the market. The growing demand and the expressive number of new Smart Contracts chains help to reflect on this subject. In conclusion, let's live in the now and the world of NFTs can help you make big profits in the now.
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Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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JooBra
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April 10, 2022, 03:12:45 PM |
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I think that NFT that have some sort of royality will stay and do good. I can think that type of NFT will do good in future.
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