Because they sell at a loss. Buy when it goes up and sell when it goes down. They also don't have the patience to hold. They do everything backwards, it's 90% losers.
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Jupiter will
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Why do 90% of beginners lose money in crypto? 📉
It's not because of the market; it's due to a lack of financial education. 🧠
Many enter crypto to "get rich quickly," but without a solid foundation, crypto becomes a casino. Succeeding here requires more than luck:
1️⃣ Understand risk management: Never invest what you can't afford to lose.
2️⃣ Master your emotions: FOMO and panic are your worst enemies.
3️⃣ Do your own research (DYOR): Don't blindly follow signals. Understand the technology behind the token.
Education is the best investment you can make. Profit follows knowledge. 🚀
It's not because of the market; it's due to a lack of financial education. 🧠
Many enter crypto to "get rich quickly," but without a solid foundation, crypto becomes a casino. Succeeding here requires more than luck:
1️⃣ Understand risk management: Never invest what you can't afford to lose.
2️⃣ Master your emotions: FOMO and panic are your worst enemies.
3️⃣ Do your own research (DYOR): Don't blindly follow signals. Understand the technology behind the token.
Education is the best investment you can make. Profit follows knowledge. 🚀
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.