I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ?
I am also holding bags of different altcoins and all of them are in a loss. Now there is no point in selling them at a loss. Since Bitcoin halving is around a year's time and then we may have another bull run and we might get a chance to sell those coins in break even or in profits. So I would suggest holding the altcoins with patience.
Also i learned the lesson well not holding the altcoin to gain a lot of profit and better exit once you get some reasonable profit. Holding altcoins for the long term is like holding them for loss. We should only hold bitcoin and Ethereum for the long term.