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?
There's no good progress was coming from DOT. Holding it gonna be only wasting your time. You have two choices at this moment.
1. You can cutloss and investing your money in a better coin in the market.
2. Keep holding your asset with the hope it can recover anytime soon but you shall also try to be aware if your portfolios can also decrease even deeper.
You must take the risk. You can hold till bitcoin to reach another ATH again but no ETA for this. You may need to hold it for a few years more from now. It's gonna be a big gamble for you. I just remind you this.
It's very hard to pick the best choice in your position. It's caused by you may also think for twice before try to take the decision that will be involved big risk for your investment.