This space has built our expectations so much that it is almost funny to me when I hear certain desires about how specific crypto assets are going to transform the financial status of a persons.
Take for instance the period I had less than 1000 Hive assets to my name. Somehow I still spoke with high expectations about a potential moon in prices and how it was going to possibly transform my life. It is that with lower assets my expectations were a lot higher, and the more assets I began to acquire, the lower my expectations from a particular token.
There really is nothing wrong with having lofty expectations even though some of them can be unreasonable, if not unrealistic. The crypto space being relatively new and volatile has given percentage returns in the tens of thousands that has transformed some lucky small time investors into overnight millionaires. While this has held true for some assets, taking such growth projections as the norm is both unrealistic and unsustainable.
Which means that as the number of entrants increase in the space and cryptocurrencies gain mainstream acceptance, we are going to see them geared towards stability which means that crazy price rockets are going to become less frequent until things eventually normalize. We are still a good number of years away from that though, but there are a few things to perhaps note from this.
Investing in Potential
Firstly, it means that many of the projects we are in today are still yet to find their footing. When they do, they would go up to their true value before eventually normalizing. Take Hive for instance, we have been swimming in the $1 price range without mainstream adoption of both the chain and just relative success of two of its second layer tokens. Should we find success like we envisage the value could multiply from anything between 500% and 10000%. It means there is still a lot of room for growth and those lofty dreams are perhaps still valid for quite a number of projects.
Secondly, we would likely see more investments and innovation on how to provide the best possible returns from the space. We are generally creatures of stability, and the greater percentage of individual will likely rather invest in assets that are not as risky as the very volatile space we see today. Already, innovations are coming on how to stabilize our crypto assets through a wide variety of investments and yield returns.
Conclusion
I think what is important at this stage is identifying the right projects to invest in and growing one's asset base steadily. While some people still make crazy returns from market spikes and coin launches, the vast majority of people are likely not so risk eager and would rather bet on the long term viability of a project than anything else.
Therefore it makes a lot of sense to continue holding and accumulating our favorite tokens, coming to the realization that decent returns are still possible even without those crazy volatile swings that the space has become all but known for