Thats right. There werent any hardware wallets around back then I heard.
https://bitcointalk.org/index.php?topic=388169.0This thread always gives some perspective. Lots of people around here seem to enjoy sneering at anyone who sold at $1 but hindsight is always 20/20. If you'd paid less than 1c and it was still very possible it was going to turn to dust then the temptation to make bank would've been too much for most. If I'd been active in 2011/12 though I don't think I would've folded.