You only lose when you sell. Don't sell. Hodl your hand.
Absolutely!
I don't understand why lot of people are getting affected with these corrections, you won't realized those red in your portfolio or i should say "decreased in price rate" if you simply hold your coins unless you have some kind of panic disorder or you don't know how this market actually works.
there are many newbies in this market. I'm sure that earlier they did not seen such corrections. So it plays nerves and the fear of losing all the money, if money credid also, and they fix theirs deposit. You need remember that correction can go long flat too.