Besides chasing losses is never been good, yes there's a possibility you can retrieve it back but most likely it will just make things worse so forget it. You lose part of your money forget, you will get it back eventually 2 fold or more without noticing.
Chasing losses is hard compared to making 2 fold of profits for given same level of capital; the big differences is triggered by role of emotions. When you are good in technical analysis and able to focus only on your technical part then you can easily make 2 or 3 fold of profits whereas when you worry about your losses then you cannot focus on your technical which will lead to further losses.
As the investor, they need many things before deciding to buy or sell the coins, one of the ways is they need to analyze and find the sign to enter the market.
Analyzing market conditions against various strategies will not let us to book losses again and again. You just need to be sure about having more than 2 method of technical analysis which must cover all the aspects of market influencing factors; this is not just for investors but also applicable for traders.
Whether it is the investors or the traders, people who want to enter the market must have to learn analysis because they can not expect the market will move as they want.
The traders need to have skills to make analyses that will help them know when to enter the market.
Investors who can research before investing in the coin will know what coin will be potential in the long term, so they do not buy the wrong coin.
If traders and investors have more technical analysis method, they will have more chances to buy any potential coins, bringing them profit in the future.