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.
Trading is Fun till you don't lose. Trading can truly deplete you mentally especially when the market is down and nothing feels worthwhile. That continual pressure messes with your peace of mind and obviously the scams don’t help either it’s hard to totally trust the place now. If it’s not pleasant or profitable anymore it makes sense why some would step back.