Should you hold the position? It depends on your situation, how long can you hold it? It depends on your Position management.

Some say that holding on will ultimately lead to death, but I believe it cannot be generalized. Different situations require different approaches; we cannot apply a one-size-fits-all solution. How many coins disappear each year in the spot market?
You are already panicking with a 50% loss on the contract principal, but with a 50% loss on spot, you still have hope. It's okay, one day it will come back [撇嘴]. Will it come back?
There are always big influencers in spot trading telling you not to hold onto positions, and then they can still manage to have children with their spot trades... In the end, they lose their wife and children.