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?
The best option is to wait it out. Not a smart choice if you are going to sell it at a loss. We all have the same experience as you in different coins and tokens that we have.
Like in my case, I’ve started DCA with Bitcoin at $30k to $31k last year. But I was at a loss as it dropped to as much as $16k. But I’ve kept buying with my extra money.
Good thing I hung on and most of my DCA amounts are in profit because of accumulating during the $19k to $23k range.
But of course, the decision is entirely up to you as we are just sharing our opinions here.