and lastly, do you ever cash out while in the red? when things go bad, do you sometimes take out less than your initial deposit, thinking, "it's better than nothing"?
I do cut loss in everything and that's a huge help that I've learned over the period of my experience in crypto and even in gambling. That's why even if I am red, I do cash out. It's better to take that money out than the money taken away from me. And you're right, it's better to have something back than having nothing at all. It's the worst feeling when you can just take back your money even with some losses on it and lesser when you take them back.