O.k. Presuming that I might possibly have more than one bitcoin, that one bitcoin is a good goal, and remember how long it had taken Mindrust to get to 2 digits? I am not going to suggest that I am better off than him or worse of than him.. at least where he was at. He was proud of reaching 10BTC and then either the same day or the next day, he sold everything..... Fuck.
I'll say it again: poor Mindrust. One day he'll become popular like that bitcoin pizza guy by showing up on TV and telling his story of how he sold the bottom at ~$3800? Anyway, his story is just another hodling fuel for me. Sell now regret it later.
I think that he sold around $4,500, but sure, through BTC history, and even involvement in this thread, there are quite a few participating members that have gone down similar roads as him in various ways, and part of the difficulties that many of us likely continue to have with the Mindrust situation continues to be that we got to know his situation pretty well through his own voluntarily sharing of a lot of details with us....
So there is additional sadness when he had become quite convicted in the appropriateness of his behavior because he tailored his approach to his own situation (psychology and finances), while at the same time, many of us had been trying to propose alternative ways of thinking about it or alternative ways to mitigate the risk or cut some of the losses, while increasing the preparations of UP.
So, yeah sometimes any of us can become way to focused on preparing only for one direction, and maybe that was part of his problem - too much preparing for UP, so that when DOWN came, he overcorrected by then preparing too much for DOWN, and in the end, he is the one that has to decide for himself regarding the fitting path forward and to own his own decisions... even though so many of us were asserting that he would be kicking himself if he did not buy back in and accept his mistake of selling too much at the wrong time.. and continuing too much to had been preparing for down while neglecting up.
I feel bad about continuing to go back to him as an example, but it does help a lot of us to attempt to have reference points, and stories that he had seen and we might not even agree on some of the specifics of how to act or react or what lessons to get from the situation..