I have DOT in my portfolio and it is down 79% as of today. The amount I've put there is quite big for me. The average buy price per DOT is 25.80USD. The price of DOT today is 5.38.
So the question is what are my options to rescue the money I've put into it? Is there anything I can do or I just wait?
That is a very drastic decline, what if you keep waiting and the price never returns to the price of all you bought, it is still your loss that must be borne, and that is why altcoins when there is a drastic decline it is still very difficult to recover but it is different from bitcoin if at the lowest point this coin will definitely return to the highest price again so I don't dare to put so much money in altcoins.
Try to hope to wait for the altcoin season who knows the price of DOT back at your purchase price point, but I'm personally not so sure even though this coin is said to have a large community, but you better look for other opportunities to cover this loss.