Logic says it's not good to sell at a loss, maybe when we open our wallet, we might see that our investment had go down, but it's doesn't mean that we have lost already as it's just on paper, unless you really panic and sold then.
So yeah, we need more patience, I mean we should hold on the thought that we are still in the bull run and that the price will go up and we are still on the target to established a new all time high for this year. Maybe it's not this March, but chances are still good that we will see it at the last quarter of the year.
Greed, lack of patience, ignorance, these are what causes people to sell at lose, however if anyone opens their wallet to see that their asset have gone down and choose to sell, I'll refer to that as being ignorant cause someone who knows and have got an experience in Bitcoin investment would never do that but continue holding or see it as a medium to buy more coins cheaper.
Patience is one of the most important factor of Bitcoin investment since it requires buying and holding for the future, someone that's not patient enough to wait for that long shouldn't even consider going into Bitcoin invest cause they'll end up wasting their time doing it the wrong way which is taking profits when their investment is not ready for that.
I don't know when it's the next bull run thus year, It could be in the 2nd or 4th Quarter of the year but the fact that it's not arrive and the price is going down, shouldn't discourage anyone, even though the bull run comes if your investment is not above 4 to 10 year, then one would be making a wrong decision to sell when their portfolio increases.