Definitely, if you are a beginner, then you should always keep yourself updated according to the price of the market. At first you should gather knowledge on how trading works and what affects the price of the coin. if you miss the basic points when you are a beginner, then definitely there is a chance that you will make losses in the initial days. The points mentioned in the OP is well structured, but one doesn’t need to follow all. If your basic understanding about the market is clear, then you will easily learn all these features quickly while trading and gaining experience.
In addition to that, even if you follow all these factors, that will still not guarantee that you’ll be a good price predictor since the market alone is always unpredictable. Today, it’s price might be on a surge but the next day, suddenly all those prices have start declining. So you’ll never learn to predict the crypto prices easily. If you can’t predict them well, then just learn to adapt with the market changes. With experience, you’ll get used to it and this unpredictable market will never be an issue anymore.