Your answer mentions a lot of the important nuances when it comes to these maxims.
There are quite a few more embedded and they splinter into more.
accepting potential non-life changing losses is really a no-brainer.
I think perhaps mentally, the brain just hears "loss" and often we treat all of them rather the same, without looking at the different perspectives of each.
Buying a bag of shitcoins at the top and holding it too long is the worst mistake one can make.
Are you in the market for some bags? :D
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If you're talking about shitcoins, I believe it is too late. :D