Thats a goo personalised list you have made for the set of rules. I believe that this should be followed by every new traders in the market. Nonetheless I follow all these rules always. What I focus more on is the "do your own research" thing. That the best approach you have mentioned here because without any proper research we can not really get feel for whats going on in the market. We can do investment into different coins but its always hog in cog that you will end up with great deal of the era. It never happens now a days. Most importantly we must focus on the initial investment and should never get disturbed by incoming coins which may loose our focus from the current portfolio. Patience is the key in such instances.