I have a mining rig with 8 graphic cards that I build in December of 2021 and I have made most money back but now that almost all the good altcoins have lost high amount of value I feel like selling my rig and buy coins but.....
I look at the long term, if I use the money and buy coins, let say I have 5 different coins in a wallet, that's going to be it, but if I keep my rig I can keep accumulating coins that I want for like forever, till mining is dead.
One thing strikes my mind again, bear market don't stay for long, highest is 2 years, so what is the right state of mind for you.
We are in the accumulation phase so you should be accumulating Bitcoin. It's likely that prices will trend down for another few months, so don't go betting with leverage or selling your personal items just yet... We're closer to the bottom than the top though. Mining is a great way to dollar cost average so just stick with it and when we hit new highs you'll be glad that you did.