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.
I'm not a big trader or what, but I will just talk about the experience of losing big money like in gambling. I wouldn't say that quitting will be an option if you don't get involved with shady characters like mafia or gang. But if you have like this kind of people surrounded by you, most likely you don't have a choice do you?
As compare to just alone, trading and incurring lost losses and not borrowing from anyone, I think it's better to just stop for quite some time, look at what when wrong and maybe reconsider everything because of not being successful as a crypto trader.