You only made a loss if you actually sold your crypto currencies. As long as you are holding your coins your positions might be red, but you didn't realise any of these losses. As a long term crypto investor there is no real point in marking your positions to the current market price everyday. This is only helpful for traders who quickly buy and sell their positions. Right now we are in a bear market that affects all the major asset classes, even the top stock are down more than 40% YTD. The best we can do is hold out and not give into the panic selling.


I agree with you that money management is very important in trading and investing, it gives us discipline and more control over our income and plans our spare money in advance to create an investment plan. A good money management strategy not only focuses on the income but also on the expenses each month. For me it helped a lot to budget my monthly bills and expenses and categorise them into necessary and unnecessary. Only with full control over our finances we a have the chance to quickly react when the market is entering the next bull market.