Do you think selling and then exiting with a loss is the best solution ? No. Averaging down for reducing your Stock Price average ? Yes ! Averaging down will enable you to lower your average price and when the stok price will be in an uptrend, your break even point will be easier to reach.
In fact, during a downtrend, it is the best moment to invest. This is why you always have to have spare cash in any situation. One downtrend ? Buy and keep cash. Another downtrend ? Keep buying and spare cash. There will be some point where you will see a consolidation of the stock price and you will know it will be about to bounce back.
Buy when it’s red and sell when it is green. !