Noobs shouldn't even try to daytrade anyways, they should just buy buying and holding. For someone to make money in trading someone has to lose. If your new you will get eaten up by the pros that have been doing this for years. The only people that win in the end are the exchanges with their trading fees.
losses is part of trading and investments! We cannot avoid loss but it is the level of your knowledge and skills that do make you money in any investments field. To remain in trading your number of loses must be less than profits as no one can accurately predicts the cryptocurrencies market.
Thanks a lot of nice suggestions. since last year I had very altcoin in my hand. I've been in this sector for 5 years and sometimes I can still make mistakes. It's very important to control emotions.. and not risking all of the money..
That is were all the confusion is. Many people don't know that it is important not to trade than trading and losing and some did not know that they cannot predicts the movements of financial assets accurately and because of this, it is very important we should investing with what we can afford to lose . Reducing our risk, should be the best investments decision to make if you want to remain in cryptocurrencies market for long-term.