Financial decision making is a critical task. I think, rational and emotional both are involved in this case as you mentioned in your post. We are incurring some loss as well But there should have been rational all the time as its matter of loss of wealth.
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Yeah, financial decisions are very much sensitive and critical. So there should not be biased by emotion as it may cause loss of wealth.
But I believe that either there are some profit, even than nobody should take decision emotionally.