Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
I think they get easily hyped by another coin that are recently talked coin that is going to rise this year and they immediately sell the old ones without thinking because no one has ever talked about it.
Lack of information and knowledge, things is much better if you have a lots of knowledge inside this business, wrong assessment , bad timings are the common thing that traders loses their money, buy when hype already at the peak sell when corrections are just ongoing, wrong interpretation because
of less ideas, to avoid such things better to keep reading and keep trying to improve more of your capabilities.
That lack of informations and proper resources of what's happening with the coins community, specially when you're holding huge amounts of an altcoins could possibly lead to panic on traders. I think being informative right now is a good choice to do like having updates on that coin community, for an example of the most popular of today's telegram communication. You can really gather more updates on how the coin went through, so you can build up such confidence by the time you started to have bad psychology.