YOUR TRADE IS YOUR RESPONSIBILITY
I've seen people posting screenshots of their ongoing trades (mostly in losses) and asking a public opinion on whether they should hold or exit.
Let me tell a blatant truth that may sound harsh to many of you and some would troll me for this in comments, but you need to hear the truth:
"If You Didn't Ask for any advice before opening the trade, then you must not come seeking advice to decide the fate of the trade."
In investing and trading, one very difficult thing to do is to accept your losses. I've often seen posts on Binance Square from people saying "Hold on to his crypto! It will bounce back for sure, Mark my words!!" and so on. Especially in memecoins who have been the star performers of this bull run ($PEPE , $FLOKI ...). They'll advise you and maybe for once you implement that advice.
What Next?
To be precise they're trying to reassure you to reassure themselves because they themselves are at a loss and have invested much, much too late.
But right now you're losing my friend and if you're thinking that "Not sold, Not lost"(in case of spot), then you're making a huge mistake. Duly my thought process in this post applies for futures, but it holds significance for spot trading as well.
If you know one of your investments is bad and will continue to decrease in value, you shouldn't keep it just because you're at loss on it and on principle, you don't sell at a loss. There are many other opportunities in the market, it's stupid not to take advantage of them by leaving your money at a losing position.
So accept that you made a bad decision and stop asking for advice by posting screenshots. If you believe it has potential and has all the good reasons to bounce back then hold it or else if the opposite is most likely to happen, sell it. Trust me you'll minimise your losses and earn much more, even if you feel like you're lost in the moment.
I hope you'll try to implement this at some point in your journey.