This is very difficult to achieve due to several issues with the Axie Infinity project.
1. They don't have a maximum supply, so the potential for inflation is much higher than the potential for price increases.
2. The game's payout isn't as good as it sounds; some players are fed up with the mechanics.
3. I remember having to buy Axies before starting the game.
4. Axie's decline was too steep; their ATH was $165, and today it's only $2.39.
And the narrative surrounding the game project has really declined. Today's investment isn't focused on games that are just a waste of time and result in losses, especially with holding their tokens. If they don't offer substantial rewards and engaging gameplay mechanics that make the game enjoyable, there won't be a massive following.
Their user base has also steadily declined over time, and you have to remember that games are short-lived on the Web 3. Especially if the developer doesn't create a competitive game system and guarantees good returns, users will reconsider and try other, more profitable games.
There's no growth, and the data looks flat.I am holding some in loss. Do you suggest me to book losses ?