I see. But losing funds in the process is not possible right?

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Correct!

A coinjoin is atomic, so either nothing happens, or everyone gets all his money on a new address.

Coinjoin is also non-custodial, meaning you never give up control over your private keys and utxos.

A coinjoin client assumes that the coinjoin coordinator and other participants are malicious, and it has strong defenses against shenanigans.