Do recent events make you question your trust in the world of crypto?

It's been a tough few months for the world of cryptocurrency, with several high-profile exchanges like FTX going offline and many solid projects crashing to zero. These events have made me question my own trust in the world of cryptocurrency. 5 Years ago I was deep into it but now my focus recently switched into ETFs and Index Funds. I still hold some BTC, ETH and 1 alt.

I'm curious to know how you all feel about recent events. Do they make you more hesitant to invest in cryptocurrencies or do you believe that these are just bumps in the road and that the overall trend of crypto adoption is still upward? Have you lost your trust with all these big players going down? Where do you see crypto in 5 years time.

Personally, I'm still optimistic about the future of crypto, but I'm also taking a more cautious approach to my investments. I lost around $30K in total. I'd love to hear what you think on this. Thanks everyone!