Can we agree that ‘you don’t lose until you sell’ is a bad mentality?

You’ve all seen or heard this being thrown around at least a couple times by now. While I agree with the sentiment, there’s also no point in watching your investment dwindle down 90%. Many coins will never reach their ATHs again and your money is now gone.

Seems more like a Safemoon mentality. People need to realize that the coin that already did 1000% and dropped 99% from ATH will never see it again.

Same with mostly all the meme coins. People buy at the top after all the hype and get dumped on. I’m sick of seeing “you don’t lose until you sell” because most likely you’ve already lost. Get out with your dignity and what little money you have left before it gets worse- many times is does. Being down 75% is still way better than 99%