I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
OP, stocks may seem dull in trading, the same can't be said for crypto. When you mention exchange scams, could you provide more details? Lately, I've been sharing tips on identifying reliable CEXs to use and what you check to steer clear of those that are not reliable. It's crucial to check if they consistently update their Proof of Reserves (POR) at least monthly, like how Bitget and Binance does. Additionally, consider factors like the presence of cold wallets and their overall improvement over the years. Staying informed about the CEX you use is essential.