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 almost kills most big investors, especially for beginners in investing who do not have a good pattern, panic can not be separated from the knowledge we have, so panic cannot be contained when the condition of the coin drops dramatically, even though crypto conditions will continue to improve. in the market against all existing coins, but that doesn't mean the correction will not recover or the norm will return, so if we can't control the panic, when this condition occurs, then we will take the wrong decision to sell every coin we have, even though the conditions it will recover in some time.