I was mining $Pirl in January. It was around 4 Dollars back then. Now its around 60 Cents. In order for it to go back to its January price it has to grow almost 6.66 times. This is quite impossible right. It is all because of those week hands who sell everytime they see 10% drop. Them panic selling drops the price so much that it makes it difficult to recover.
Google market cycle. Everytime a market goes up it must come back down. As long as the market doesn't go to 0 and you can afford to it will be better at this time just to hold what you mind in hopes that one day the market will recover.