Many new traders are those who want to get rich quick as traders. That is not justified - I mean, the price will not increase 10x overnight and they cannot expect something like that. Trading is definitely a risky activity - so it requires extra consideration and in-depth analysis. As a trader - every time is an opportunity to hone your skills in analyzing the market, of course it is useful for them...
To minimize your trading losses and thereby increase your profit, you need to choose the right entry point into the trade, buying at the support level and selling at the resistance level. Therefore, patience is required, which will allow you to wait for the moment when you need to make purchases and then sell.