The losses hurt but the best you can do is move on from them. I think it's best to just learn from the mistakes so you won't repeat them. However, I do agree that some people just never learn (people who buy coins promoted by social media influencers).
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There is a greed aspect to this kind of loss too - people forget why they are getting into it. For me for example, there is more to it than being fiat wealthy, it is about having a positive impact on the world. Failure to become wealthy or to lose money trying to be wealthy, is different to failure trying to make the world a better place in some way.