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.
I have gained an experience. Every time I feel panic, it is a rare opportunity for the market to buy. This is the case every time. But most of me have not grasped this opportunity.