Total loss, like jade_jenkins said. Look at FTX, people's money just gone overnight. Or a hot wallet hack where your coins get stolen and there's zero way to get them back. The actual risk is your balance hitting zero from stuff totally out of your control. It's not like stocks where there's some backup.

Remember when my old laptop keyboard died mid-project. Had to finish on my phone, and honestly the client feedback was the same as always. Makes you wonder what we stress over.

Oh man, my old fishing stories with my dad did the same thing for my brother.