A failed transaction doesn't make much sense. When you enter the field of cryptocurrency investment, you should exercise your tolerance, because there are profits and risks, but the reality is that many people will be very frustrated after failure. Without fighting spirit, you may have to leave the field of cryptocurrency, and everyone's courage is different. If some people fail, they may start over, face their mistakes, and find reasons to do better.
A failed transaction can also have greater effect on one's trading psychology if pure understanding of the market behavior is not put into consideration. Losing an exorbitant amount of funds is very painful and could affects one faculty if care is not taken. I could feel the pains and excruciating expressions of losing hard earn money that had been accumulated for over several periods, and now seeing it gone without any notice.
I've had similar experience before which I almost gave up in trading but later gather my shoes back with strong determination after admitting my mistakes with proper correction and aim to do better. Honestly trading is never easy, it's takes an understandable mind and emotionaless spirit to overcome loses in trading.