So what happens when the new scenario is in? Will my character reset? Will I lose everything in my inventory?
You will be thrown into Limbo state where you can retrieve your broker stuff then you need to reicarnate,After reicarnating you can choose the scenario and faction you want to go.After reicarnating:
1:You will be downgraded to Guard rank but you keep all your honor and item.
2:All general trust is resetted.
3.Musou board is still kept.