Quote from: crypticj on February 02, 2018, 06:00:43 AM

I love all the positive attitude in the community and all the self assurance we are giving each other... its great.

But ask your self... every one has an internal "loss" tolerance level... once you hit that let it be 10% 20% or even 70% once we hit that... you can't sleep you don't want to think about crypto you feel like by not looking at prices and value of ones portfolio the problem will go away but it won't and finally you decided "enough is enough" i just want out... and you panic sell everything because your emotional/logical tolerance has been reached and you just want your brain/heart to stop hurting "loss/pain threshold" remember in that moment... money loses its meaning and you just want the pain to stop. so what do you do ? you sell all... "thats the moment market decides to stop going down and turn around" and it will make higher high and you will never get a chance to get back in, never ever...

sadly you had a gut feeling that it was just a correction.

That was me in 2013...not making that mistake twice lol. Anyway Ive realized gains enough to pay back my principle so now its all "free" money...so I sleep just fine. For those that cannot sleep I suggest tums and valium...March will be here soon.