I look at watches (at least collectible ones) as an appreciating asset class... Pieces you can enjoy for decades while they hold value. Not arguing which appreciating asset is better - I hodl - but my watches have done very well over the decades, and I'm sure will continue to.
Discussion
I completely get it - I made good money selling up. I just didn’t like the way that hobby made me act/feel. Always in search of the next hit. Trying to source a watch for years, dropping serious $$, feeling numb to it, and instantly moving on to the next target. That’s just the way I was though - it became an unhealthy obsession for me. I think if anyone gets to that point with anything it’s time to knock it on the head
I hear you. I’m always on the hunt for a long hit list of pieces… and I pounce on opportunities… but won’t sell any of “my collection” as they’re all milestones I achieved.
Getting my first job in 12 years instead of liquidating 1-2 pieces now… that’s how meaningful they are to me.
I recognize everyone is different though.