Growing in Crypto can be a long and arduous journey and why so many give up or look for short cuts. The perception with crypto is that it is a quick money maker as so much noise is created when the markets are pumping. I think this is more down to the immaturity of the investors as they send all the wrong signals.
Being in crypto for any length of time one starts to understand that there are genuine cycles involved and these pumps tend to follow a script or pattern over time. The word "time" is key to crypto as value is most definitely created over time and not over night.
The building process of growing your bags may be tedious at times but deep down you know the value is being built. The affects of compounding can be seen but that would be like watching paint dry as this is a gradual process. The larger the stake the quicker the growth can be seen yet those with a smaller stake are still growing at the same pace yet they can barely see the movement.
For months now I have been growing at a steady pace on Hive and my vote value has been hovering around the 3.8-3.94 Hive mark. This used to bug me as why wasn't the growth being reflected by an ever increasing vote value? The facts are the vote value is increasing, but the growth is so gradual it takes time to take effect and patience is the key.
This was one of my indicators for growth on Hive as curation plays a key role so having a high vote value means you will increase your growth. The other key growth factor which plays an important role is the APR which ticks over every minute 365 days a year.
Currently our APR is sitting at 2.89%, but does average around 3% generally and is the reason why if you watch your account on HiveTasks it grows ever so slightly every minute depending on the size of stake you have. This cannot be underestimated as a growth factor as this is big even at 3% as if you had 100K HP staked this would generate 8.2 Hive per day or 57.4 Hive per week which is very decent.
This growth is fantastic, but represents years of commitment and why the moon boys don't get it as we are mooning every day and every week that ticks past we have more stake which should represent more monetary value. The wealth lies in the stake and not in the Lambo parked in the driveway as the one is growing in value whilst the other is depreciating daily.
I still firmly believe those that stay committed to a project for a length of time like 10 years will out perform those that flutter between projects. A rolling stone gathers no moss is so apt when it comes to crypto as building value daily can only happen when you have staked into that project.
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