Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.
Panic is already due to certain errors of a crypto enthusiast, for example, a beginner in this business, a confident trader never panics and enters into a deal with a complete analysis of the situation and with a cool head, I always panicked when the coin went down sharply rapidly, but with experience I understood from the charts or according to the analysis that after a while I was catching pumps and making money.