Having also been in Colorado and being big into mining at the time, I can tell you that you would have sold when it hit the ATH of $1000, or definitely when MtGox happened and it halved almost overnight. I worked at Microcenter at the time and remember all the people returning GPUs after that crash. Everyone likes to think they would have held this whole time, but you’d have been a fucking greedy idiot if you had seen something so volatile, made 1000x returns and still said “Nah, I’m gonna hold”
Yeah my biggest regret is that I know my personality of hardly ever completely cashing out of anything. If I ever trade stock options and have a call up big, I’ll usually sell part of it and hold the rest till expiration.
Having also been in Colorado and being big into mining at the time, I can tell you that you would have sold when it hit the ATH of $1000, or definitely when MtGox happened and it halved almost overnight. I worked at Microcenter at the time and remember all the people returning GPUs after that crash. Everyone likes to think they would have held this whole time, but you’d have been a fucking greedy idiot if you had seen something so volatile, made 1000x returns and still said “Nah, I’m gonna hold”
Yeah my biggest regret is that I know my personality of hardly ever completely cashing out of anything. If I ever trade stock options and have a call up big, I’ll usually sell part of it and hold the rest till expiration.