It's impossible to lose money if you don't sell.
That argument is usually used by
gamblers investors. Even if you don't sell, what matters is how much that bitcoins are worth
now when you need to spend them compared when you bought. So if you bought higher you are
losing money a suboptimal investor, like everyone else. The past is over and you don't know what will happen in the future, the only thing that counts is
the present what happens in the future, and how well your choices have prepared you for it.
Technically not selling is the same than
buying not buying...