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Your assertion is accurate, yet the majority of those who lose money so easily do so because they lack information and only consider the profitable aspect of trading while ignoring the costly aspect, loss. Everything required information in order for us to avoid being on the wrong side of it. You cannot invest in anything if you decide not to trade because you are afraid of losing everything, then you will never be independent.
I also believe that most traders who lose in a trade are not because of lack of information but rather lose money because of miscalculation while others are due to excessive greed that prevents them from selling in hopes that they can sell them on an even higher price.
Of course I agree that some of them bet on luck - like just buying hype coins and then being abandoned by their investors. We have seen many cases of losses including meme coins and the like - but trading for them still exists.
I experienced this kind of thing, due to a lack of fear of the possibility of scams and rug pulls, I often buy hype coins, which end up me bag holding worthless shit coins in the end.
