Very often people lose money and makes mistakes because they are hurry and do not check everything. When they see when other people earn money they want to earn more but they make more mistakes.
But now despite the fall of the market there are opportunities if to find them and check everything like this
https://twitter.com/thecoinplay/status/1600397696098963457Now many people stopped their investments because of the big economical crysis. Many people do not sure in tomorrow because the economic situation in the world is very unstable and people simple do not have enough money for life. That is why they stopped investment in all and all shares falls.
If people do not have enough money for life they stop investing at all and sell their shares. That is why all stock market falls even more then cryptocurrency market and many people lost their savings because of the general fall of the market.