Does it hurt when you sell at a loss?


I've been into this audio hobby for 30 years, and I am afraid to actually tally up the money I have spent, as well as the money I have lost when I have either sold or traded in equipment. I'm sure there are other hobbies and habits that can cost quite a bit, but I have to wonder, when I see a Linn CD12 up for sale for 11k, does the original owner actually lose 9k in the process. How does everyone justify this behavior, or are we trapped psychologically somehow?
Thanks I would appreciate some feedback.
cody
Everything I own (cars and audio gear) is used. I still take a hit when I sell put it's a smaller hit and not a painful.
I (so far) usually move up,so the pain is offset by the new toy. Sort of like if you have a head ache and then you stub your toe,severely; the head ache doesn't seem as bad.
I think most people list the retail price of the item when it was new, and base the used price off that. I don't list an item until I know what others are selling it for, and thats how I base my price. One must expect to take a loss when selling an item, but luckily, I haven't been hit too bad. I can't seem to sell my Marantz DV18, and I've got it listed for less than 50% for what I have paid. I've decided its just not worth selling at this point:/
I no longer view losing money as "losses", but rather as valuable learning experiences. Example, a couple years ago I bought a nice used tube amp, used it for 30 days and sold it for $300. less than I paid. Was it worth it? Yes, every cent. I very happily went back to my big, fast, solid SS amp.

I've done that with many components, wires, PCs etc. But, I'm not totally stupid, ie I don't work at losing money in this hobby. How much would you pay for a 3 credit History course in college? How about a Music Appreciation course, or guitar lessons? Well, I see it sort of like that.

The philosophy I've used the last few years is "consider it carefully, and then never look back". Strange, but true. Cheers. Craig
I think it all works out in the end. You win some and you lose some. I just concentrate on the next upgrade and I soon forget about the loss.