🔥💥💥 ADA is a great example of a long Accumulation at the bottom and a glorious Breakout & Uptrend
Let's say you bought $ADA at $0.046 in September 2019 - it was a great spot to buy, right? (healthy correction to 0.618 Fib, near the cycle bottom).
Then in March 2020 you're in a -60% loss. Painful? Yeah
35 weeks of being underwater in total since that Buy.
Some people gave up during that period. Some people just did nothing and held through it all. Some people even increased their positions.
Now if you take a look at the big picture - $ADA hit $2.5 just 1 year after!
No difference whether you bought at $0.05 $0.04 or $0.03
If you give up now you don't deserve those gains. Period