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?
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.