Hey
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.
The reason I believe I haven't lost even a single penny is because
I believe you cannot loose when you don't encash.Therefore I still believe holding for the long term can actually help you .
That's an golden rule of trading that never sell your coins in a loss. If you have the ability to hold, then you can never lose in trading. You will hold your coins until they again reach your buying price and then you may sell. There are only few cases where you invest in scam projects and there is no chance of the recovery of such coins.