Some traders lost 99.999999% of their funds in millions panic selling in the chaos. This is exactly why you always have an exit plan. Here is a short checklist.

We know of at at two traders who lost quite a lost, reacting emotionally to the chaos in the SVB collapse and USDC depeg. One trader swapped $2M to $0.05 and the other $2M to $1.5. And there are absolutely more traders who lost big.

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This is should also ALWAYS have an exit strategy or plan. As with everything if you fail to prepare, you prepare to fail.

A short checklist:

1. Know your trusted platform(s) with open and non-restricted accounts.
2. Make sure the platform has high volume enough to support your size of pool of funds.
3. Options of exit tokens that you can safely withdraw to, as without paying ridiculous gas fees when network usage spikes.
4. Keep open the option of withdrawing to fiat as a worst case.
5. Address of secure wallet to withdraw to.
6. Use a portfolio tracker, like what comes with CoinGecko or CoinMarketCap to be aware to price swings/volatility and receive updates about them.
7. For all that is good, always send a test transaction. This solves 90% of issues.

Finance is not a gambling game(or it shouldn't be). Just like everything, you must be prepared if you wish to succeed. The flip side of Financial freedom is also Financial responsibility,