In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?
Experience does have a big role in discussion making but not as much as having the right information or education which is why you can see a very young trader been been profitable than the experience traders that have many years in the market. The young trade could have been taught well and since he has the right information his decision are always accurate.
Experience also has its role to play but that's when you have the right information already, experience only can't make you a successful traders or you might have lost alot before you start getting trades correctly. When it comes to experience, it's best you learn from others mistakes than yours.