That's hitting the nail on the head, but unfortunately it may not really sink in, because of what some people here deem as positivism, but which in reality might be ignorance at work. We known Bitcoin has a history of always bouncing back after a crash, but just like now, the market is irrational and may well remain so longer than many can endure or remain liquid enough to contain the draw down. Unless there's an emergency, there's really no need to cash out when market starts to reverse, instead we can hedge our open positions by buying Tether= USDT and hodling it until price bottoms out and starts to climb again.