Each time you spawn and restart the game, you lose all your loot, spoils, etc.
An auto-save mechanism helps bring you back to your previous stage. Sea of Thieves is an online session-based game. No matter what you have gathered in your game, turn in your treasures to store them in your account.
Locate any NPC on the map and make sure they can accept to exchange your treasure for renown or currency. Let’s look at ways how to save your game in Sea of Thieves (especially how to save loot in sea of thieves). How to Save Your Game Progress in Sea of Thieves – Effective Ways Do You Lose Everything When You Log Off Sea of Thieves?.