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.
Most of the new members want to reach the quick money stage thats why they bet on high leverage trading just to make quick money. The problem with this high leverage trading is that cryptocurrency price movements are very volatile. But losers are always eager to sell when prices drop suddenly. and give up easily, everyone has experienced losses in the cryptocurrency market. But the people who succeed are the ones who come back from failure. To be an experienced investor, I think we should all practice patience and learn to control our emotions.