Many people lose money on altcoins because they do not understand the underlying logic.

Altcoins can only be profitable in specific market conditions and cycles, but most people think they can make quick money right away, which results in them being repeatedly harvested.

Altcoins might only have one or two good opportunities in a year, focusing on high odds opportunities at the daily chart level; otherwise, it's better not to touch them.

The more one wants to trade frequently, the easier it is to get the rhythm all wrong, ultimately being led by their own emotions.