Are NFT Tokens a Good Long Term Investments? - page 9.

Lunafox

jr. member

Activity: 115

Merit: 1

Quote from: i8v8i on March 29, 2022, 11:09:47 AM

Quote from: verushka on March 08, 2022, 08:56:23 AM

All NFT are different. A lot of depends how useful they are and for what purpose they are used.
Now appear whole Metaverses with many games that use NFT like this https://twitter.com/kusunokitoken/status/1500595135733956609
In such case NFT are useful.

Not all NFT collections are peopular. For NFT collection it is very important to promote collection to make it famouse.
Only famous collections attract users.

For NFT collection is very important to attract attention of users. The more attention the more popularity. More people want to buy such collection and it is in demand.
Many people earn money on the growth of NFTs which are increasing in price even more than other tokens and coins.

i8v8i

jr. member

Activity: 101

Merit: 1

Quote from: E-money.com on March 28, 2022, 10:54:17 AM

Quote from: verushka on March 08, 2022, 08:56:23 AM

All NFT are different. A lot of depends how useful they are and for what purpose they are used.
Now appear whole Metaverses with many games that use NFT like this https://twitter.com/kusunokitoken/status/1500595135733956609
In such case NFT are useful.

Now NFT collections are very popular and in demand. But not all of them.
A lot depens on how popular the collection and on its promotion.
The more people use NFT collection the more demand in it.

Not all NFT collections are peopular. For NFT collection it is very important to promote collection to make it famouse.
Only famous collections attract users.

CDC AP

full member

Activity: 463

Merit: 102

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.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

NFT tokens should be sold as soon as possible, especially if you get it for free. I would not keep such projects for a long time, because this kind of thing appears regularly on various blockchains and the value can go to zero at any time. Probably even crypto punks and apes won't be worth as much over time as they are now.

E-money.com

copper member

Activity: 45

Merit: 0

Quote from: Angry_Kitty on March 27, 2022, 11:43:06 AM

Quote from: verushka on March 08, 2022, 08:56:23 AM

All NFT are different. A lot of depends how useful they are and for what purpose they are used.
Now appear whole Metaverses with many games that use NFT like this https://twitter.com/kusunokitoken/status/1500595135733956609
In such case NFT are useful.

It is necessary to have special knowlege and experience to choose the right NFT collection for investment.
Investment requires knowlege and experience.
Famous NFT collection are very expensive and unavailable for investment.

Now NFT collections are very popular and in demand. But not all of them.
A lot depens on how popular the collection and on its promotion.
The more people use NFT collection the more demand in it.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: xzone on March 27, 2022, 04:27:14 AM

Many NFTs we see now will be completely useless in a few years from now. One of the biggest reasons NFTs are popular even now is that people want to sell them for a higher price after purchasing them.
If you have an NFT that has lost its popularity, even now you have to wait days or weeks until it sells. Therefore, it is quite wrong to invest by buying NFT, your money will be wasted when the hype ends.
Only a few NFTs will remain truly valuable

well, I think that NFT is starting to lose its popularity. although there are still NFTs which are quite popular nowadays, however, if it is for long term investment, I might prefer bitcoin, or popular altcoins over NFT. well, we don't really know how much NFT really costs. when the popularity of an NFT is gone, I think it will be very difficult to sell the NFT you have. So, think carefully before making that decision.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Chipard on March 03, 2022, 07:21:37 AM

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?

Holding NFT coins is very risky, it's better to buy NFT at opensea and Hold,
if you buy coins with an NFT background like APE, I think it will be very risky,

yes even though APE is currently hype, I still avoid this coin for the long term,
but if you just want to buy to trade, then no problem

Angry_Kitty

copper member

Activity: 199

Merit: 0

Quote from: altixz on March 26, 2022, 06:39:04 AM

Quote from: verushka on March 08, 2022, 08:56:23 AM

All NFT are different. A lot of depends how useful they are and for what purpose they are used.
Now appear whole Metaverses with many games that use NFT like this https://twitter.com/kusunokitoken/status/1500595135733956609
In such case NFT are useful.

A lot of depends how popular NFT collection is and what company or person created this collection.
It is necessary to check everything befor th buy NFT.
NFT of famous author or from famous collection now is very expensive and not available for many people.

It is necessary to have special knowlege and experience to choose the right NFT collection for investment.
Investment requires knowlege and experience.
Famous NFT collection are very expensive and unavailable for investment.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: xzone on March 27, 2022, 04:27:14 AM

Many NFTs we see now will be completely useless in a few years from now. One of the biggest reasons NFTs are popular even now is that people want to sell them for a higher price after purchasing them.

Shuffling is the main reason why many are jumping in to the NFT craze and i am sure there will be a time when no one wants to get hold of things and the profits are not like they used to be for these shufflers, they will move to other things without a doubt.

Quote from: xzone on March 27, 2022, 04:27:14 AM

If you have an NFT that has lost its popularity, even now you have to wait days or weeks until it sells. Therefore, it is quite wrong to invest by buying NFT, your money will be wasted when the hype ends.
Only a few NFTs will remain truly valuable

There are many projects that are here to take advantage of the hype and it is not a big secret that we will not be seeing many projects in the next five years. So better check out the team and their performance while investing in them.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: dwinrs on March 27, 2022, 07:20:54 AM

maybe to hold the NFT for a very long time I guess it's not so sure because maybe every day there will be a new model of NFT. So if you get a sizable profit it's better to sell it

No, you should not. Hypes projects are not ideal for long-term investment but this is only for a short-term deal.
Putting Axie Infinity as an example, we had seen its value is too high during its early days but look at now, the price is declining as well as the demand. It has to see that these NFTs continued to lose their value and the risk holding them is really quite high.

Thus, if we are talking about long-term investment, the potentiality of the project really matters and it was very unfortunate that these NFTs don't have. We neither take risks then if that is the thing we just see.

dwinrs

member

Activity: 994

Merit: 10

maybe to hold the NFT for a very long time I guess it's not so sure because maybe every day there will be a new model of NFT. So if you get a sizable profit it's better to sell it

ringgo96

sr. member

Activity: 1582

Merit: 279

PredX - AI-Powered Prediction Market

Most NFT projects are hyped based, but there are still some projects that are worth investing in in the long and short term, but to reduce risk and experience losses we better invest in the short term because not all NFTs present today can last a long time, if the BAY and XPUNK you see today do have the potential then there is no harm in trying to participate in the project.

xzone

legendary

Activity: 2772

Merit: 1557

Many NFTs we see now will be completely useless in a few years from now. One of the biggest reasons NFTs are popular even now is that people want to sell them for a higher price after purchasing them.
If you have an NFT that has lost its popularity, even now you have to wait days or weeks until it sells. Therefore, it is quite wrong to invest by buying NFT, your money will be wasted when the hype ends.
Only a few NFTs will remain truly valuable

FAYCNFT

newbie

Activity: 34

Merit: 0

NFTs are like the new, cool kids on the block in crypto, representing digital ownership of a wide range of irreplicable intangible items.

While they’ve been around since 2014, 2021 was the first year that this novel technology broke through into the mainstream. Total NFT sales hit $25 billion in 2021, compared to $94.9 million the year before, according to data collected by DappRadar, an app store for decentralized applications. They’ve drawn the attention of celebrities and big companies ranging from American Express to Gucci, and have exploded across the worlds of music, art, sports, and more.

From an investing perspective, buying an NFT is “even riskier” than buying crypto because it’s “almost like a leveraged bet on crypto,” according to Humphrey Yang, personal finance expert behind HumphreyTalks. “It’s essentially gambling but people don’t really know the difference and they buy them because they’re fun.”

ijeb

member

Activity: 728

Merit: 10

For now it might be better just trading them. Somewhen we'll see a lot of digital art galleries and museums and then the NFTs with great artwork will be more valuable.
Holding crypto was the most profitable investments and this might be the same case for NFTs.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: Chipard on March 03, 2022, 07:21:37 AM

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?

Of course not. NFT is definitely not worth considering as a long-term investment. It is a waste of money. The value of these tokens is strictly subjective and unjustifiably high. As long as there was a HYIP, the prices of these tokens were growing at an astronomical rate. But what will happen when the hype dies down? These tokens will lose all their value.

What determines the value of projects? Demand, supply, ecosystem, capitalization, development team, roadmap, etc.
What determines the value of NFTs? Rarity, hype, demand, supply. Nothing else. You can't build a long-term investment on these factors alone.

rojan

sr. member

Activity: 1554

Merit: 374

Vave.com - Crypto Casino

Quote from: Chipard on March 03, 2022, 07:21:37 AM

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 would be good for you if you spread the word about it here and if you want to make a profit with them. Here I personally find that what you have for long term investment is to rely on the risks associated with the project. Or worse it is up to you to choose

altixz

jr. member

Activity: 154

Merit: 1

Quote from: ?? on ??

Quote from: verushka on March 08, 2022, 08:56:23 AM

All NFT are different. A lot of depends how useful they are and for what purpose they are used.
Now appear whole Metaverses with many games that use NFT like this https://twitter.com/kusunokitoken/status/1500595135733956609
In such case NFT are useful.

NFT allows people to earn money, that is why they are so popular.
NFT grows in price even more than other tokens and coins and it attracts attention to it.
Gaming NFT are very popular and they allow to earn money by playing.

A lot of depends how popular NFT collection is and what company or person created this collection.
It is necessary to check everything befor th buy NFT.
NFT of famous author or from famous collection now is very expensive and not available for many people.

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

Quote from: passwordnow on March 03, 2022, 07:50:58 AM

Quote from: Chipard on March 03, 2022, 07:21:37 AM

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.

All coins other than Bitcoin,Eth,Bnb is just working as long as trend not over. I think for long term its not good choice.
We previously experienced this with staking and Dex tokens.
Cake token was rised to 40$ buy now see the price. Similarly Pyr Ath is 40$ but now trading at down from 10

Rehan Zakir

member

Activity: 812

Merit: 53

I think yes. But its your luck that you buy a NFT and placed it on sell. The next day it sold out. Its your luck. But n doubt, its a long term investment. It means that you bought a NFT and placed their sell order. There is no expected time that after that it will sold out. It all depends on luck and your NFT collection. If you buy a NFT that is in trending in market then it will sold out immediately.

Topic: Are NFT Tokens a Good Long Term Investments? - page 9. (Read 2513 times)