Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.
No matter what you are thought, you must know this that to be a successful trader, it takes practice and consistency.
This is all true, the majority of the newbies who came up here were in a short period time of learning in crypto space, they felt that this newbie
are one of the veteran or experts where in reality is not. And because of this most newbie got loss due to their lack of knowledge, arrogant and always in a hurry to earn in a quickest way.