As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are Panic - Sell.
Everyone just wants to make a profit from crypto investment. That's why they invests without thinking. But they do not know that there may be a loss from this investment. No one can guarantee the profit all the time. Again when the market dumps they quickly sell their coins. Novice traders are always influenced by others. They must choose the right coin to invest.