1. Lack Of Proper Trading Education
2. No Risk Management
3. Lack Of Patience
4. Having that mindset that trading is an easy money generator.
5. They set up goals basing on others positive outcomes
6. Emotion
Lots of experience or things that you should face on first before for you to able to learn.
It will vary on each person because not all would have the same effort on learning things up.
The mindset is important especially if we want to take seriously trading of cryptocurrencies. There are some traders who have quick rich mindset where they think that if they invested money in trading, they will easily become a millionaire. It is not like that because there is proper process in order for us to become professional traders. It takes a lot of time and determination to achieve your goals in trading. Trading is not simple as they think, if it is simple and easy; for sure everybody is doing it.