Is there a chance to lose all your enchantments when enchanting an item?
Solution 1:
Enchanting is very different from what was found in Torchlight 1. Enchanting adds magical properties that can also be removed (deliberately) by an enchanter. But enchanting can no longer wipe an item; that is, enchanting cannot affect existing stats in any way. The removal mechanic exists so you can spend gold to get an item "just right".