Risk management is crucial in the crypto market but why would someone go all in with their net worth trading? He could use Spot trading which is best and even if he wants to take the risk not with his net worth, he could try using a less risky method like Dual Investment or just not trade till he affirms the positivity of the market...
I feel sorry for him though
Some people want to double their capital in the blink of an eye and actually this is where we start our losses. Everyone who trades in the crypto currency market knows that there are many risks involved in trading. We may get a good profit, but there is also the risk of losing our capital. the rate of profit in spot trading is low and it may take more time. Whereas futures have higher returns in shorter periods of time.
Yet they get greedy and take a decision that wastes all their capital. Another reason could be inexperience, even if someone sees only profit in the crypto currency market, they end up losing their capital by making such decisions. However, this is the main rule of the crypto currency market is to never invest all of your capital in one coin at a time. Yet we can call such a decision maker greedy or inexperienced.