When bitcoin drops to $30000, this is a disaster for most traders who buy bitcoin and altcoins at a price high. We didn't expect bitcoin to fall this low, so causing altcoins prices to be dumped very deeply. For traders who have already lost over 25% in trading, then it is best not to cut losses because it will make lose some capital. So believe me, the bitcoin price will back up again and altcoins price will rise again.
This situation hurts us, we did not expect this to happen two months ago we expect the market to rise until the end of this year, not fall and stop making a profit if we have the patient we can continue our alts and wait for a better time to sell them or cut our losses, I don't recommend to cut losses either because we are still in the bull trend, and it's too early to cut our losses, let's see what the month of June bring us.