Reframe a Losing Investment You Are Holding Out of Stubbornness

The position is down, you are not selling, and the honest reason is what you already paid rather than what it will likely do next. Sunk cost is doing the thinking for you. This resets the question to the one that actually matters: would you buy this today, knowing what you know now.

I am holding onto {INPUT}, an investment that has lost value, and I suspect I am not selling because of what I already put in rather than what it is actually likely to do from here. Set aside the amount I have already lost, it is gone either way, and just assess this as a fresh decision: if I did not already own it, would today's price and outlook make it worth buying right now, given what you know from what I have told you. Answer in three short paragraphs: the sunk cost trap I am probably in, a neutral read on the position as a fresh decision, and one honest question I should answer before acting. Do not tell me to buy or sell; help me think clearly.