In my opinion, giving up is when we sell all our bitcoins, don't own any bitcoins, and don't care about anything related to it anymore.
Thats sounds like a better definition of throwing in the towel when it comes to bitcoin.
You might not be trading but you are observing like a wolf on a prowl waiting for the discounted price to appear to buy it, it means you are still in the game.
Most of us should maintain in this situation unless financial and personal reasons remove us from the market completely. That said, traditional markets are something that every bitcoiner should also learn about. There is nothing bad about them and they act as cushions when the bitcoin market is stagnant.
