I don't believe in cutting losses with your open trade or saved coin. Cutting losses is very injurious to your funds and more importantly to the future profit that would be made. It is therefore important to get into good project from the start to avoid a situation where you are unsure and losing money!
Yes, it's make we loss some but prevent us to more.
As we know, we hardly predict when market will recover.
With doing cut loss technique, we can buy back more coin.
if bear market continues, cut loss again, buy back again. That our coin increase.
then, we can hold waiting bull market come