The first thing is to change your mindset about gaining big profits and avoiding unmecessary losses. Even long time traders experience those all the time. Just don't be afraid of the risks and accept the losses as lessons. Along the way you'll eventually pick up trading strategies that would work for you. Trading requires huge amount of patience.
I would say trading requires a lot more than just patience. You need to be shrewd enough to pick up things as they continue up the flow and leave aside those that have become stagnant. Its important to recycle your money in this manner among old coins that became worthless and new coins that are currently the trend. The trends will wear off soon but you should be tactical enough to make sure to book a profit and get out a the current time. Similarly important is getting in a low price and so luck also plays a role here.
My conclusion would be that trading needs a lot of things to be considered but dont burden yourself with them.