Here are a few scenarios that can help deal with losses:
1. Capital Reallocation
Sell the $TRUMP coin at a loss and reinvest the funds in another coin with good prospects (analyze risk and loss ratios).
Buy it on a dip and sell after a rise to compensate for the initial loss.
Example: Find any asset that shows accumulation or growth potential, and take profit at the next peak.
2. Position Averaging
If possible, wait for a pullback of $TRUMP by more than 5% in your favor and average your position. Exit the coin on more favorable terms, securing PNL. This method is suitable for those who are confident in the asset's potential.
Tip: Averaging requires discipline. Make sure the price is indeed moving towards a point where you can minimize losses.
3. Transferring Coins to a Cold Wallet
If you have doubts about your decisions, simply transfer your assets to a cold wallet. This will protect you from impulsive actions. Time sometimes works in your favor, especially if the market returns to a growth phase.