Newbies are underestimating the trading world making them being over confident that they have already known what they supoosed to know after learning the basics and are putting their money in line having them all out without prior planning on how they will manage on handling their funds properly and as a result instead of gaining profits, what they gain is losses on their trading. Newbies do also lack of patience as well as experience making them having a hard time as well.
Indeed. They think that trading is too simple and easy. They trade without proper knowledge about it. Newbies also lack of patience. They let their emotions control them especially when market prices are dropping or else increasing. They trade without strategies and techniques on what they do and especially they start trading in a large capital even though they are not sure about the coins they are holding. All they think is that they trade just to earn without thinking the risk.
yes, newbies always thinking about trade is make instant money or fast way to be rich. its actually wrong thing because of this newbies ignore about how to run with strategy, how to manage their emotion, even the risk etc
newbies should be learn about coins and market conditions before really to do trade. it can be solution from lose huge money in trading