1) Losses are part of the game. Losing your money doesn’t mean you are a failure, It means you’ve learned something, if you take time to understand why the lose happened in the first place.
Loss may truly be part of the game indeed, but we must not have to pass through this hard way before we can learn to know what bitcoin or crypto is all about, i don't buy the idea of learning in a hard way, but for us to be able to prevent this from happening, we have to be more conscious of the things we do and how we go for some of the offers we see online in a random manner, before we can do anything, we need to learn how its been done, take the effective risk measures and be able to control our emotions not to go too far in it for a start that we lose in a big way.