This is a tough call to make for someone but it is definitely a good call.  And I respect someone who admits it.  I can only shake my head at people who go down with this dying ship, but hey... those people leave more room for me to profit it other markets.

"As a bag holder. It's not the time to hold. It's the time to move into other markets that are going up now. When bitcoin rises again, those markets will do twice as well as moon. I could hold for a loooong time to get my money back, but that doesn't really make much sense. I made a bad decision. I made another bad decision by holding longer. Now I'm admitting my mistake and moving on."