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?
How can we actually control our emotions if we can't take our eyes away from our wallets?
Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.