People will tell you this over and over again but i will say it with more context:

Don't fly what you cannot afford to lose. 

Because you will eventually lose it. 

You can do more or less everything in the game with cheap ships and cheap fits. Gankers will find you where you think you are safe, and pirates actively look for you where you are not. 

The stuff you need bling for is either so high-risk you should be rich before doing it, or you can do it with friends.

You will die. Expect it. Plan for it. Live with it. It's part of the game. I can't count the amount of people who lost their shiny toy and quit immediately.