Why New Investors Lose Money - AVOID These mistakes in the Stock Market

He put 60% of his life savings into BNGO near its peak, then sold after the crash, losing about 60%. He also put half his savings into MicroVision, following LiDAR/Tesla hype, then sold after repeated crashes with roughly 40% lost. He blames FOMO, herd mentality, greed, and panic selling; he urges research before buying and doubts most retail investors profit.

This retrospective reinforces a recent move from speculative meme stocks toward skeptical, research-based investing.