In most ways, I'm the opposite from what others here have said -- I'm *much* more sensitive to social or emotional pain than physical pain. Enough so that I most definitely take conscious (and likely unconscious) steps to avoid it, even when it winds up being bad for me in the long run.
I mean, I don't like physical pain any more than anyone else does. But often it's understandable, and hence addressable. If I go to the gym and hurt myself (and I'm not, like, pulling from actual experiences here, no, not at all *cough*), it's largely a matter of understanding that I've done something wrong, leveraging my knowledge about how to address it (rest, go to a doctor to get it treated, etc.) and not something that I dwell on overmuch. It's very much an acute thing... I *expect* that it can be fixed, or addressed in a substantial way. I trust that I can get help from professionals, if needed, and that I will heal just fine. It's notable that I also believe that I can count on friends/family for emotional support in these cases.
Emotional or social pain, on the other hand, just crushes me. Rejection, particularly when there are overtones of "you're not good enough, kelric", is something that I don't handle well at all. That can be personal ("I'm sorry, I just don't think of you in that way"), professional ("We've decided to go with another candidate"), etc. - but I tend not to get over such things easily, and it's extremely easy for me to dwell on them for weeks or months. In these cases, I *don't* believe that friends/family will support me -- I tend to think that they'll "join in" and side with whoever/whatever has rejected me. The whole situation just throws me into a major funk that it's hard to recover from. And as such, I tend to avoid circumstances where I could be conceivably be put in that position. I'm much more likely to take a physical risk than an emotional/social one. Probably the largest failure in my life is the lack of ability to overcome this.
But skydiving? Sign me up

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Short answer... yes. I believe this wholeheartedly.