Reasons for newbies loss in bitcoin

[syedzakir]

Newbie suffer a great loss during investment in cryptocurrency because many people come to this for becoming rich over night.
They don't even try to know about the struggle and hardwork of the person's that all already in this field .
They just look at the profit they have gained.
So they make a quick decision a invest in some coins without knowing about their history or background or the trend they are following. And when they see the loss they quickly sell them and don't even wait.
So as a result they face a great loss.

[Nuraiuii]

Novices always hope to make a profit in a short period of time. But due to greed and lack of knowledge, they are susceptible to market sentiment when the currency price falls and sell to lead to losses.

[muratsink]

We really love what happened to foreign beginners who have to lose their bitcoins. We hope this doesn't happen again to beginners, of course today it also has an impact on beginners who easily believe in irresponsible people like scammers who sometimes say can multiply bitcoins even though it never happened so as to make beginners tempted by it the price of bitcoin is so expensive that they easily give the password to irresponsible people