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?
Look there is not an easy way out from your situation, to begin with what were your intentions when trading this coin? I assume you were trading it and not investing in it otherwise you will not even ask us about what to do as otherwise you should have been convinced of remaining invested in that coin even if there was a crash on its price, and since I think you are a trader you should have never allowed for your losses to keep accumulating, however since that is not an option anymore you only have three options, to sell in the case you think the coin has no future, to hold in the case you think the coin will go up in value at some point in the future, or to do DCA if you want to reduce the time you will have to hold that coin while taking an even higher risk, the choice is yours.