There's no reason that you can't keep your site going, and start another one. Monetize the site a bit, so it pays for it's own hosting, and give it another go.

There's no reason that you can't keep your site going, and start another one. Monetize the site a bit, so it pays for it's own hosting, and give it another go. I say fail early, fail often. If you're spending all your time nursing a site that just isn't gaining traction, there are other ideas that you could be pursuing that could gain traction and make you more money.