Quote from: LexLuther on March 17, 2018, 05:30:09 AM

I know the drop has caused a lot of consternation for recent investors, but people just getting in like myself are benefiting as we dollar cost average into larger positions. I believe long term in the tech and growth in this space, so having lower prices and a little time to develop a position is helpful

That's exactly the right attitude for a long term investor, as long as you can stomach the drawdowns.

The problem with some "hodlers" is that they psych themselves up into holding through the bull markets and then start to lose faith during the bear markets. And they end up selling the bottom in despair to stronger hands. There's nothing to be done about it....just typical market cycles. But it's something to keep in mind.

When we neared the market bottoms in July 2013 and August 2015 in particular, I recall feeling true despair as a lot of old hodlers gave up hope.