If practically all traders can follow the above-mentioned advice, I believe it would be beneficial since traders will know exactly what they are doing and what they can anticipate in terms of profit. Traders will also be aware of when to sell and when to purchase. Most traders are held back by greed; they can't afford to take a small profit and walk away, so instead of waiting for more, they end up losing practically all of their profits.
These suggestions are quite useful, and I am confident that they will effectively lead and assist novice traders.
Those are the very basics of trading. Yes someone extremely new to trading must know Risk, Budget, Greed & Mistakes but these all are the psychological side of trading. The real tips are learning about how to analyse projects if you are investing in altcoins. Learning about TA (technical analysis) because no matter how good you are at fundamentals, you will need some technical knowledge as well on when and how to trade your assets.
The best advice I would give to any trader who is starting is to open a demo account, consider the amount there as your own and be serious about it, trade and learn. Once you feel confident enough start trading with real money. The key here is to consider the demo account as your own funds, if you consider then free money, it's more gambling than trading.