Being friends after realizing it doesn't work out: Good or Bad idea?

Anonymous
After trying to be with someone for a long time, we decided to stop the psychical aspect of our relationship. He wants to remain friends and hang out. I don't want to. Am I in the wrong?
Am I throwing away a good friendship? Or am I doing the right thing?

I am possessive of him and have feelings for him still. He doesn't feel romantic feelings towards me and i do. Should I continue to be friends with him or stop speaking to him?

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Being friends after realizing it doesn't work out: Good or Bad idea?
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