Some trades we take are in wrong direction but because we want to be hopeful that it will come back to profit, we allow it and it close against us. If we keep doing this, it is the exact opposite attitude of someone that wants to keep their initial capital.
I have gone into a trade that took out almost 90% of my initial capital, stayed in that trade and later profited because I didn't just invest due to fomo or hyped from others. I studied that project saw they had fundamentals and are still growing. My entry was just wrongly timed as when I entered was when the retracing was about occuring.
Must trade we enter and start recording losses is because of this same thing. You can easily make profit holding in the industry, if we can just be a little bit patience as just when you're about selling that's when the selling pressure of that particular coins is cooling off and the project is ready for a upward movement.