Many newbies enter the crypto trading market with confidence because they got carried away by the hyped trend about it. That means, because of the height of their belief in the hype, they immediately decided to invest in a class of investment here in the crypto space.
Most of those newbies have zero knowledge of the crypto industry; that's why most of them are frustrated in the cryptocurrency business, and only a few have continued and are still learning it today.
If they decide to enter the crypto world just following the growing trend, I don't think they will be able to survive long in investing, because they don't have any knowledge about crypto so they will suffer losses easily, for those who continue to study the failures that have occurred. They will of course be able to survive the investments they make and will also be able to gain profits from the investments or trading they make.