$BTC

The biggest problem for beginners is that they enter positions with immense confidence, or more precisely — with excitement based on news, 'everyone is buying, and I will buy too, they say there will be multiples,

Because of this, they do not set stop-losses and cannot accept their losses, holding their positions until liquidation or a huge loss.

They may get lucky 1, 2-3 times, but sooner or later the market will punish them.