During the last 5 years, I got liquidated multiple times. The most brutal was when bitcoin broke down 6k mark.
I bought at 5700$ with some leverage. And left the trade open, thinking I will come back at it after a year or so.
I got liquidated around 3800, and it turned around from 3300 something to 10k, then 20k, then 60k.

That trade still haunts me. Lost more than 70% of my new money that I put into crypto. And all the unrealised gains I could have made with that trade, had I not leverage traded it.

After that point, I stopped leverage trading, mostly I passive invest now.
Bad thing is I don't make a lot of crazy gains.
Good thing is I sleep well.

The whole crypto world is bleeding and I barely notice it. Maybe worth the peace of mind.

Anyways, you are right. You always bounce back from losses, if you learn from them.

I am sure you will make a lot more than 20k$ in the future. Crypto is just the university of hard knocks, teaching one hard financial lesson at a time.

Good luck rebuilding your portfolio🙂