I really don't understand what is the use of NFTs and what are the benefits of holding them in the long run, apart from the hype surrounding it, I see almost no utility.
I think NFT is also one of those trends in the market that comes when the bull market is dominating and its hype will end when the bear market arrives. Now many NFT have dropped a lot and none of the hype stands out.
I do see a use case for them as "digital collectible", however that would require some form of standard for NFTs which currently doesn't exist. Now you can create NFTs on different blockchains in different forms (weblink that are without guarantee to work in a couple of years...) but nobody knows what will happen with all those in a few years. To hold NFTs for a longer time is currently extremely risky and I doubt it will pay off, most of them will probably go to 0.
That is the good and correct approach. We are talking about NFT's that are just hanging on by a thread, they are really just images at this point and this is not a joke, people who are in crypto, and buy bitcoin which is totally digital and have absolutely no utility at all and have no instinct value at all, calling NFT a bad investment should tell NFT investors something.
We are willing to buy bitcoin, but we think that NFT is bad. Because, NFT's are literally the only thing in crypto that is quite easily replicated and could be faked and it is one of the easiest to scam as well. Make something valuable and put it on NFT format and it may make sense.