Professional crypto traders can and do lose money. Trading in cryptocurrencies, like any form of trading, involves risk, and even the most experienced traders can face losses. However, professional traders typically have strategies in place to manage risk and are often able to offset losses with gains over the long term1. It’s important to note that a significant number of traders, not just in crypto but in all financial markets, end up losing money. This can be due to a variety of reasons, such as lack of experience, poor risk management, emotional decision-making, and not maintaining a balanced portfolio.