Should quitting be an option as a crypto trader with years of experience who just encountered a massive loss because of a few shady characters? Anyone who has been trading long enough would agree that it changes your relationship with money. Trading helps you learn a lot about yourself, your emotions, and your patterns. If you have experienced trading loss in whatever form, do not be discouraged. Rather use it as a motivation to strengthen your resilience by adapting to a new approach. You already know how it is with the crypto markets, one has to be persistent and allow our hard-earned experience guide us toward future success. I just thought to write this little piece for anyone out there who is going through a difficult time in crypto trading.
Just as starting a new journey is always an option, quitting it must also be always an option, if a person gets so discouraged by a loss of money that they believe they cannot recover from it, then why force yourself to keep trading when your heart is not into it anymore? Now this may sound defeatist to some, but this is just the truth, not everyone reacts to adversity the same way and they may not be able to take those losses and move on, so quitting is the best option for someone like that.