usually people follow market trends, for example coins that are on the rise in the market make most traders want to take part in them even when prices are high, but after their own research results .. and IMO, this is what I'm worried about if new traders who don't have knowledge of crypto or have just joined the industry and are unable to manage their financial management properly will lose quickly.
Before trading or investing, you need a strategy to ensure your risk is minimized. In addition, it is necessary to evaluate all that is going on to choose the most appropriate time to trade.
This is something an investor needs to know when entering the market, but if the market suddenly collapses you should also cut your loss when necessary.
I think such a technique is of course known to all traders. but the problem is that many new traders are interested and feel like following the market trend that is currently in the pump. when there is a decline or correction of course it can make someone new to panic and get caught in the trade.