95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable.
It's actually quite predictable if you know what you are doing and know your target. Most times people end up trying to be so greedy, and they end up losing even what they have made
We might consider lack of knowledge and timing may cause losses but I don't think about greediness. Of course we aim high and there is nothing wrong with that, its not the cause why we loss but it help to be positive and be more optimistic. Our market not rallying so good and losses will pretty sure of high percentage, if I am a trader, I definitely not to trade for now. Better to buy more and prepare for the next pumps.