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.
Indeed! you are correct. Our money is important so do the right thing and research first. You are taking some risk in trading but losses can be minimize when we do some research first before doing an investment. Learn also how to manage your investment in crypto when it comes to the sudden change of price. It is important to learn how to observe the changes and the most important is..do not panic.