Buy and Hold is a great strategyfor established blue chips with reliable dividend growth. It's an insane strategy for speculative companies that burn cash. Case in point is GDXJ in general and WM in particular as the past 3 years have shown. This has been a disaster for bagholders with a nearly complete loss of equity compounded by the opportunity cost being in the wrong place for the wrongest of time.Good luck but you would now be required to assume even more risk in an attempt to break even. Stop losses saved me from the losses and or added risk you're enjoying. CROWS ADVICE HAS BEEN PROVEN WRONG BY THE NARKET OVER TIME. But you are free to try to average down. Good luck.