Have lost so much money on coins that doesn't work well for me. I know I'm being impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
How did you lost that much money? Buying high and selling low because of panic?
You would not lost your money if you did not sell it at lower price than when you bought. The key is keep being patient by holding your coins, if you want to do cut loss then you should do follow up to recover your lost. Doing cut loss only with no other actions = BIG LOSE.
Cut lose can be done after some several research like the technical and fundamental..
If all analysis says that the price will further down then cutlose is allowed but if not strong hold is more suggested.