Learning from our mistakes is also called experience, but if we keep doing mistakes and don't learn, it is known as jeopardy.
In crypto trading many of us think of an overnight profits, such event comes but without knowledge of what we are investing and what we'll get, no technical background or analysis lead us to a gamble with our investment.
I had been into stock and commodity trading some years ago, where I lost a lot but then I realized that I need to study how this whole trading psychology works and it came handy later on. But, learning never ends.
If the mindset is not aligned with the goals, it is unlikely going to work I suspect. Trading isn't for everyone, which is why I limit how much I do :)
Yep right, but idea is to measure the water before you dive. ;)