Analyzing the reasons, it is seen that most of the newcomers invest in scam projects. They do not have the mindset to be patient. Think the first investment will become rich overnight. Very new Traders don't know about the updated news of the project so if they change the token platform later, they will incur huge losses.
I think the mindset of getting rich in a short time should be removed,
whether trading or investing the key is to be patient besides analyzing and doing research is also important,
what is clear is that beginners must learn and increase their knowledge about anything related to cryptocurrencies