Why traders lose?
Traders lose because of (FOMO) Fear of missing out and lack of patience of what he/she doing.
You saw a coin pumping, and then you bought it at its peak instead of waiting for it to do a correction. Suddenly the coin go gets deeper and you've decided to sold it.
Lesson to learn:
Always have a patience and do not chase of what is already gone up!
Crypto President on tuesday spoken about his coin and deployed his SEC officers