During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.
I beg to disagree, how can a newbie make more money in a bull run? Trading? I thought they are beginner? so it doesn't make sense for them to win and make huge profit? joining bounties? I agree, maybe in 2017, but not today, projects already learn from the 2017 bull run and they are not giving bounty participants cheap rewards.
You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.
If you start with the right mind set, then definitely it will help you in the long run. But newbies who have experienced the bull run in 2017 thought that it will go on for years and never thought that the bear market will take over. And since we are in a bull run again, maybe the cycle will repeat and forgot about the mental discipline.
The OP I believe has no basis of what he's saying here.
Maybe he knows someone with this situation but it doesn't mean, it is true for all.
Usually, newbies are the ones who are making terrible mistakes during bull run.
Whereas, long-term traders already know the tricks on how to maximize their profits during these times.
Being profitable in the market doesn't always need to be a disciplined individual but an individual who knows how to strategize in this market.