It's not a shame to be a loser, but for many players, it's for sure a disappointment, this ending, but not for all players
But if you go in the Hall of Echoes, be very very sure you have at least 1 savegame BEFORE you enter the Hall of Echoes!!!
I wish/hope Larian makes no more such a stupid "mistake" like "Not possible to going back" !!... here so stupid thing with the "Hall of Echoes" and in Divine Divinity with the "Wastelands" (with that difference the Wastelands has a shop to buy better gear etc ...and a few quests to solve
).
