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?
Sell if you can't wait. Hold if you think there's still chance for the price to recover back to value you bought it. Because if you're going to sell now, that means you already give up and tired of waiting.
This is the reason why I don't just invest on just any altcoins, because alts are only good for short term. If you had the chance to gain from your investment, consider taking profit already and take out your capital. So even the price plunged, you have nothing to lose since you're early to take advantage the opportunity to sell at the right time.