Most people's losses are not from buying $btc or $eth at a loss.

Clearly bought a bunch of junk clones, and even when it drops by half, they can't bear to sell, pretending to be dead to boost their confidence, fantasizing about a rebound.

What rebound?

The K-line of those clones drops like an old lady's foot-binding cloth—stinky and long—you still insist on treating it as a family heirloom.

Losses on crappy clones are like a snowball; the more you pretend to be dead, the greater your losses.

It seems like you're坚持价值投资, but you're actually sending heads to the market makers.
Keep holding on,

When the numbers in your account hit zero, you'll be completely “liberated.” At that moment, you won't have to worry about whether to cut losses anymore because you no longer have the qualification.