It also comes with understanding how the market works, be mindful of the current events happening all over the world, for its a huge factor that can influence how the market functions in the cryptocurrency world. Also don't complicate things out buddy, just buy low and sell high.
It's precisely right, be mindful of the recent event because there could be an impact on the bitcoin price. Especially when there is a very influential person that wants to make noise regarding crypto or directly to bitcoin, it will always have an impact.
But the most problem of newbies that want to invest in a crypto is when to execute the buy low and sell high, the market price is very unpredictable and you will never know what will happen next. But one thing that I know and I'm sure, investing bitcoin anytime and hold this for long run purpose.