I used to think that after being trapped in an investment, the only option was to hold on and firmly believe that "persistence is victory," until later I suddenly realized: there is never just the option of "waiting it out" to get out of a bad position.
In fact, you can try to appropriately add to your position at low levels; every little decrease in the cost basis makes your mindset more stable. Alternatively, you can temporarily shift your focus and not be overly affected by short-term fluctuations, which makes it easier to wait for a turning point in a calm state.
A truly rational response is not to blindly chase highs or panic sell during downturns, but to patiently wait for signals of market stabilization and rebound. When prices fall back to key support areas, you can average down your costs by gradually adding to your position, while strictly setting stop-loss orders to prevent further risk spread. For me, this approach of "rational response and calmly observing changes" is a more sustainable way to recover from a losing position.