For newbies it if necessary to study not to be a newbie. Without experience many newbies lose their money.
Not to lose money it is important to study and check everything before investment.
Newbies very often lose money. The popularity of the cryptocurrency attracts a lot of people especialy when market rise. Everybody want to make money on the rising market. It seems that everything is very simple. But it is not simple and very often newbies lose their money.
During the fall of the market many people stop investing at all.