I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it:
https://coinmarketcap.com/currencies/polkamon/This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.
Well if you think that it has a good potential do not sell-off with loss, just hold it until its value goes higher then you could sell it to gain profits. There are a lot of NFT games now those who started first in this kind of play to earn games are now in the hype and many people earn profits from playing like the axieinfinity game.
some of the NFT game projects that brought the NFT market are now popular. although several other NFT projects also follow the trend of the NFT Game.
if get it from playing games for free of course it will be profitable. but now some NFT projects are also giving out free NFT for some of their coin holders.
this will be a new trend after the DeFi project. NFT will last in the long run. if you have it now just hold on. it will provide greater benefits in the future.