Use margin in crypto trading is one of the mistake for newbie trader, and second mistake is did not use stop loss and greedy. Learning from previous trading mistake , we should be avoid greedy and create better trading plan. Become successfully trader need times and we should be pass alot of thing like loss, stress and others emotional, but by surpass it we will make our self become pro trader later.
The problem with most newbies is that they are always jumpy and in a haste to want to make every single money they can lay their hands on in the shortest possible time. That is not a bad thing, even though it can be a bad approach to trading most of the time but the funny part of it all is that they tend to discard the side of learning as much as they can before even trying out any market at all, whether a spot market or a margin market and that is how they pretty much get burned most of the time.
It is no harm to try out margin trading, as long as you know you can handle yourself, but in the vein of trying to approach the market without knowledge, margin trade can get you done before you even started.