) nice said, It is a bit wrong, but yeah, if you do not trust crypto - what are you doing here!?!?
But about the investing and not losing until you sell... - you are wrong.
You will lose even more if you do not sell and it crashes to 0...
Panic sells are making price to go down. Why market is crashing? Because people are selling. So if no one do panic sell price won't go down.
The question is why you got in when it was that high and if you did and now you panic, you deserve to lose your money, as you have trowed them away the moment you buy something you have no idea what it is and what is happening with it...
People are greedy, they've heard bitcoin will go to moon and they've bought very expensive rocket ticket. Stupid in my opinion because crypto wasn't created for people who only see profit. Those people probably never invested in stock market so why crypto? Because they saw it as a EASY money.
Never invest in something you do not understand...
I agree. What is your bottom target?