Sometimes it seems to me that it is much easier for a beginner to make money on Bitcoin than for those who have been involved in cryptocurrency and Bitcoin for several years. Even I remember myself, at the beginning of my journey I just bought Bitcoin and did nothing else, because I was afraid of making a mistake due to the fact that I had little knowledge. The bull market began and the Bitcoin that I was holding rushed up. But the main mistake here is that I didn't take profit and then the bear market began. I'm talking about this because I was close to a great result, but I didn't take one right step. Some beginners can also buy and hold Bitcoin, at the moment when it grows to the skies, lock in at least part of it and become more successful. In any case, in words it looks simple, but in reality it is quite difficult to do this.
When it is about investing in crypto, what every new investor knows is bitcoin before they begin to invest in other altcoins. It is so true, that the new investors are the ones that make easier money in bitcoin than the old investors who have been investing in bitcoin for long.
Why I take it to be so, is because the old investors can purchase and sell at any moment, hoping to reinvest whenever they feel like, a new investor would invest and hodl for a long time without trying to sell until the big amount is realized since they are reluctant to sell their bitcoin holdings.
For example, early this year, I advised a "friend" of mine to invest in bitcoin, and he followed through because he had the funds while I did not. I find it amazing that he is holding onto his bitcoin without considering selling anytime soon. He has generated huge profits, while I have yet to match his profits.