Most of Newbies lose huge money,Coz they don’t know basic idea about trading. Newbies are any person at first you need to trading signal and learning about trading or you will lose money and It's natural.
Basic trading knowledge is necessary, but they also learn how to control their emotion. Don't let your emotion easily in the crypto market, there's no need for emotions in trading. No room for emotions in trading or investing, just establish your profit target when market downside.