Topic: Are NFT Tokens a Good Long Term Investments? - page 2. (Read 2513 times)

As everyone has their own way of investing, I'm not saying that NFT is junk or has no utility to anyone, but you have to agree with me that NFT is mainly used for hype and dumping purposes. NFT platforms as well as NFT products are also seeing a drop in value of up to 95%, investing in NFT right now is really risky.
If the NFT continues to grow after the bear season is over, I will invest a bit in it.

In my opinion its good, I found one project which is on eth blockchain and its good as a project and im sure that eth will grow so I want to do big profit, if interested the project is "reptile chronicles" and btw what do you think about it?

Well, depends on which nft platform you are investing, so if you want to invest in long term assets, NFTs like ape etc are considered to be more good because big celebrities like Justin Bieber etc are currently holding ape nfts and some are buying more, so this ensure the longevity of the nfts they had bought, so you have to invest lot of time in doing the research than select the nfts wisely for long-term

For some reason, I have always not found the mind to accept NFTs since they started and I also understand that all these problems of rugpulls do happen across the general crypto space but investing and sometimes a huge amount in some jpegs as far as I am concern didn't sit well. Here we are with the founder of the Baller Apes Club Le Anh Traun allegedly been accused of making away with $2.6 million from the Baller Apes Club collectors and has been charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit international money laundering according to a statement from the Department of Justice and there have been several others too and if convicted, could face up to 40 years in prison.
Source
NFTs are not my thing but people do make money from them anyway.

The truth is that a token developed by someone who does not have a backing is very difficult to trust, because it is obvious that in any of the cases it is more likely to end up in a pyramid scheme and be unsustainable in its internal economy, I think that was the biggest problem in the NFT IN 2021, in fact many investors in 2021 lost a lot of money, some lost around $15k, some did not care to put 1 or 2 BNB into each game, and that was something that when it did not happen they could not recover all that money, and I know that nobody likes to lose money, I think that for them to trust NFTs again it will be more difficult, but not impossible.

im sure that you can find some new nft projects that is not hyped rn, but maybe will be in future and they are will be good for long term

Yah most of the nfts are on hyped alse in my opinion ape token came from a hyped airdrop where there is no special usecases on this project and its took market on community but i think if team behind the nft project work good then nft projects native token would be a long term invetment but no nft will good for long term hold!!

There are other good altcoins there that are really worth holding for long term rather than those NFT tokens. Those tokens' price are only driven by hype since NFTs are the trend this year. Once those tokens loses their hype or the developers behind it abandoned their project, the token will slowly lose its value. Sell those token now while they still have a value and buy some crypto that is on the top 10 of coinmarketcap, hold it for a couple of months then you'll get some good amount of profit.

Yeah I believe NFT is here to stay but there are hundreds of fake NFTs and scam NFTs out there, make sure you do some research and go through the right channel to bit your NFT, also it makes sense that Metaverse is growing right now I believe the combination of Metaverse and NFT still has a long way to go.

Unfortunately NFT will not be a safe place to invest, NFT is currently gaining popularity because there are a lot of people talking about NFT and one day it will fade and the price will collapse. This means that the price movement of NFT depends on the existence of projects that support each other and can provide profits to NFT holders. If you want to invest in cryptocurrency then it is better to go to the main coin called Bitcoin.

I think Hold NFT Coins are the same as ordinary coins, there are opportunities to survive, increase or die, the NFT community will determine the future, although we want a long -term hold, but I suggest to always know the latest news that is usually in the group telegram.

Well, long-term NFTs that I only trust are those that are created in companies or secure platforms such as casinos, however the greatest of all the best possibilities for NFTs is in the metaverse, for me that is the only way that the NFTs have to revive as it was in 2021, but this time with more rules and without the need to scam people, I think what killed the NFTs is that they generated very unsustainable internal economies and they really could not resist for many efforts that some developers did, I think the vulnerability of NFT projects was allowing them to become ponzi schemes.

Gm guys.

I think I may have found a real gem in the making, a very interesting project called ROTTS.

They're still in the pre-launch phase, and there's a lot to like about what they bring to the DeFi crypto space.

They have:

— A cool collection of unique NFTs,
— A simple yet ingenious staking system (passive income),
— A dedicated international team,
— A low-tax deflationary currency called $ROTTS.

The team has made it clear that, unlike many other projects that aim to deliver 100 different utilities on day one and deliver none of them well, they will initially work on a single utility: the payment platform ROTTS.me, a payment platform similar to PayPal, but in DeFi.

Imagine a portal you can use on your phone or desktop to send or receive ROTTS, ETH or any other ERC20 tokens, without tax or gas fees, and without revealing your wallet address. I know, the potential is mind-boggling.

And, actually, it's pretty simple. Each individual will have a profile or account linked to their wallet. A database will be automatically updated with each transaction, so that each user's holdings are accurately reflected in real time.

You will only be able to see your own assets, not those of other users.

No more embarrassment of being a little fish in a whale's world. No more anxiety for developers, influencers, designers, artists or any other crypto-currency contributor when they have to show their entire wallet to someone, just to receive the payment they earned in a fair and equitable way. No more stressing about setting up another wallet, just to avoid someone seeing what you previously bought, or what your crypto is worth.

It combines the best aspects of crypto and DeFi with the best aspects of traditional banking, and it could very well be the beginning of real and lasting utility in the DeFi space.

The NFT pricing structure is cleverly tiered, with a clear incentive for early buyers.

— The first 1,500 will be 0.05 ETH,
— The next 3,500 will be 0.07 ETH,
— The last 5,000 will be at 0.09 ETH.

What are NFTs for? To obtain passive income in $ROTTS tokens through staking. 49% of the total supply is dedicated to staking. Every day, 700 million ROTTS are distributed, to be shared between stakers.

The ROTTS token will only be launched when 1,500 NFTs have been sold, and it will be launched with a very high liquidity, locked in for years. So what happens if they don't sell 1,500 NFT?

This is a unique case, as the ROTTS team is promising a 90% refund to all early buyers if the 1,500 NFTs are not sold. They will only use the 10% of NFT sales revenue for marketing and other pre-launch expenses, so they will have a huge pool of ETH intact if/when they reach the milestone of 1,500 NFTs sold.

I honestly think this is a project worth doing some serious research on, the website looks great and is very informative, and the white paper is a great read, breaking down the project into easy to digest chunks.

If you haven't discovered them yet, I highly recommend spending even 5-10 minutes on their website and white paper.

Links:

— Website (https://www.rotts.io)
— Whitepaper (https://docs.rotts.io)
— Twitter (https://www.twitter.com/rottstoken)
— Telegram (https://www.t.me/rottstoken)

I'm glad I found it before the herd arrived.

As always, DYOR!

the best nfts for long term is p2e, this thing can be hyped for long, not like usual nfts which is slowly dying rn

He talking about NFT tokens which have some Usecase like APE project and other like Dego etc. I think NFt token will not remain for long term. Only Metaverse project will survive long because of hype and Usecase. Sand and Mana will always on top and other projects will also follow them.

If you have enough profit from NFT token then you must give it up.Now the price is good so I think it is better to leave in this market. There may not be such a market later, but you will regret it a lot at some point.So it is better to sell everything to have a price.And it is better to sell NFT than to invest it in the long run.Because NFT people don't like one very much.

I think historical NFTs will be very valuable in the future.
I recommend you to watch this video.

https://www.youtube.com/watch?v=wxd_ScZgezs&t=246s

''Instagram will support NFTs. In the future people will use NFTs as a status symbol (just like a rolex watch) There is only one criterion to measure which is more valuable. which one is older.''

Most people are flipping NFTs RN, but that can get expensive and is high risk. I only hold NFTs on NEAR and ICP because the gas fees are too high on other chains to turn a profit easily.

In my opinion the best created area for the long term in nfts is p2e, like many factors that can make nft be hyped and not to be drowned

I think you have to be very careful about NFT. Some NFTs are purely popular images with no purpose whatsoever. I think a wide variety of usage areas should be created for NFTs that will be hold for a long time. In this way, it can always maintain its value. Floor price does not go down.