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WHY NEWBIE LOSS HUGE MONEY IN CRYPTO TRADING? It's a question of "HOW": There are a lot of factors to consider, on how they lose that much money: 1. Brought by hype - Typical error or incorrect practice not only in crypto but in general. Wherein an individual got caught with the hype, or just being aggressively persuaded by the moment and/or by other people. 2. Lack of Knowledge - Common sense sometimes is nowhere to be found. Engaging without knowing what to do. 3. Inexperience - Well, these people have already the knowledge and the information but they can't initiate their strategies properly and some are not sure about their own data. 4. Buy now sell later attitude - Well newbies normally are fond of holding, even without security. In trading, holding is not quite an option and It's much better in line with investing. Trading is much more on a fast phase industry, in which the opening of opportunity closes even in a blink of an eye. So yeah, newbies tend to hold and believe that it will rise in time (though this may apply to some but not all). And many more, My advice to all the aspirants or the newbies out there; "Remember when trading, please leave your emotions behind" "Spend only what you can afford to lose "