Vin's right - limiting production is the best way to keep prices sustained. Diamonds are worth money because they don't dig them all out of the ground "at once" even though they could if they tried hard enough. There is lots of oil in the group, but OPEC doesn't pull all of it out as fast as possible, because they'd make less money that way.
I don't believe in selling multi-het morphs cheap. If someone wants them (new projects - not old stuff), then they'll be happy to pay the big bucks to be one of the only ones with them. The extra? Split them up and send to pets stores. Whatever. What people ignore is that keeping your prices up ALSO helps YOUR CUSTOMERS. This results in trust between you and your buyers when it comes to future purchases. It just makes sense.
Remember, even if a morph goes down from $2k to $500 in two years, the first round buyers still get a lot of selling potential. They may make MORE, actually, since they will sell more than they would at $2k. It's the ones that dawdle until they see there IS a market and then buy them at $400, but in finally, and then they drop to $100 and lots have them. The point is, buyers need to know WHEN to buy in - remember the basic definition on an euntrapanuer that we all learned in basic college economics! - ane buy in early. It's the middle comers that historically lose their butts. The late comers have too little to lose to matter, and the first ones have to sell their babies for less but for still a lot of money as a group.
That's OK. Real investors understand this. THAT IS THE POINT OF MIKE"S POST. That's normal depreciation. HOWEVER, the knee jerk paranoia that is happening is making them drop from $2k ro $100 in one year. That loses buyer confidence and devalues the morphs. It basically can make everyone lose money. If that is the case, sure, you may be able to get a newer morph cheap....but the major drivers of morph creation will be out of business....and the number of new morphs each year will decrease to a smaller and smaller trickle. That hurts us all.
KJ