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 it is very difficult to attract financing for all cryptocurrency projects. Many people lost a lot of money and stopped investing. Because of not enough funds for the future development many projects stopped their development and leave the project.
The problem is that nobody knows how long the bear market will last. Now many people not sure in the future and stopped investing because they do not have money for life.