Greed and ignorance has cost a lot of people so much loss. So many would have been better in crypto if not for greed. For any one to be free of scam in crypto sphere he or she most not be greedy. Ignorance is another vital factor. Many are still far behind when it comes to the knowledge of cryptocurrency so they got scammed.
It is correct, and with there loss the smart people are making money from them.
The market is very unpredictable and it's just normal to see people who lose money while some makes money.
Maybe at this stage we are the ones who are losing money but we should not allow to be like that forever, there's always a chance to improve and by learning from your mistake, that is already a good start.
as long as we still stays, soon we will be making money if we learn and mature.