I think it should be FUD, who lacks patience and confidence in his choice
if you are serious in your plan of investing? then you should know the ins and outs of the profiteering you are entering.
FUD should not be part of the losing because this is tolerable .
but the wrong decisioning and not enough confidence is indeed the reason why more newbies fell losing .
Seriousness and confidence are not enough to prevent investors from making a loss in Bitcoin investment if the seriousness and confidence are not back with concrete knowledge. The same thing goes in every organization, the person with knowledge will always be on top and also outstanding among others.
agree, my friend confidence about this thing, because of his too confident, he loss 'big profit'. and when try to do for second time, he loss money.
newbie need guide, teacher to make sure what the plan, to know how to act in many ways. your experience friend can be good teacher, you can learn about their experience, and its good because you know where is bad and good path.