This is where the experienced traders get rich and the newbies complain about their losses. The bear market is the best time to buy, everything is low and you can pick all the good coins. When the bull market returns, newbies start to buy while traders just cash in their profits.
Quite right! You're right. But not all beginners are stupid. It is normal to buy at a low price. Market conditions are such that someone loses so that another won. There is also a natural selection