In cryptocurrency trading, everybody will fail to make profits, even an experienced person will fail to lose value but it doesn't mean they lose. After loosing they need to wait patiently for the price recovery because without the recovery of our lost, it is impossible to survive in cryptocurrency. So it is good to have the patience for the recovery.
Patience isn't always applicable. Sometimes you have to cut your losses and accept what wrong decision you've made thus you can recover in a shorter period of time as possible. This is effective if you know exactly what you're doing and if you don't know it then you should pull back your investment and re-entry again once you're prepared.