About the news, if you're new to the market, it's really going to cause you a lot of panics and hesitations especially if they're bad news like bans and related to FED and other financial companies.
That's why what you've said as #1 is true that anything that you're emotional about, it can lead you to hurt not just your feelings but also your pockets if you're not careful enough.
Bad news can really affect the market and and sometimes it can create panic,
and panic will make us sell our assets at the wrong time,
better learn more about the crypto market and spend as much time as possible on it