One of the mistakes traders makes when coming into the space of trading and investing in the digital markets like Bitcoin is having the mindset of guaranteed instant wealth, most believe trading is an access to guaranteed wealth,. Not knowing that just like any other industry there are ups n downs and hard work on the right information, patience and time is the real rewarder not mere presence and availability, you can't join the police today and become an IG next month, you can't join the military today and become a general next week, you can't become a doctor today and turn a consultant tomorrow, just like every other field, success in trading cannot happen overnight
I suppose it's mainly survivorship bias coming from the fact that some of the successful traders or so called trading guru always become the loudest advertising their trading course while we don't really know whether they're profitable or not. so people's expectation become high and think they can turn around their life by simply trading while in reality, we're just retailer with no knowledge and tools against the whale in the market.
this is why it's important to show the reality to newbie trader, a little glimpse toward liquidation news can already do wonder to keep their expectation in check as to not waste their own money unnecessarily. basically saving them from impulsive buys or FOMO.