My opinion is that, if you are a newbie for not only BTC but also any other financial market also, you must be studied in depth before investing or trading. if you didn't study about the market then definitely you will be lost because of the lack of knowledge. I know about a lot of people who lost their money by trading and investing without prior knowledge about the market. I spoke with them and they told me that they invented the market without much knowledge. so if you want to be a profitable investor or a trader, then first of all you must want to study the market.