I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.
That urgency to get profits is what gets newbie traders in trouble, after all if they just became spot traders and used a stop loss religiously even if after months of work they got no profits I would think they are on the right track as long as most of the money on their accounts was still mostly intact.
But on their desire to get profits those newbies begin to use a high leverage, hold their position for too long and refuse to use a stop loss, and when you combine all of those factors then sooner or later they will be caught with their pants down and the market will move very quickly against them, inflicting heavy losses on their account.