Without proper knowledge, the risk is too high for all those newbies that have a mindset that this venue of investment is a quick passage way to richness.
With such mentalities any corrections that may happened will be a sign of having lots of panics and money that has been invested will surely gone.
After every correction of bitcoin markets, I am seeing some people are crying out like this. I mean these people are never ready to learn from others' mistakes but they will keep on committing old mistakes again and again. I'm not sure when those new people of trading start their real trading only after gathering enough knowledge and experiences. Because, only that will prevent people suffering from usual market corrections.
When traders are not able to survive against usual market fluctuations then I believe they are not at all suitable for crypto trading. Instead of struggling, I believe they must quit.