As the topic says, newbies are always rushing into the cryptospace believing it's a get rich quick scheme when they trade. What's the best advice that you can give to these newbies to help them in their trading journey.
My advice is that newbies should only trade with the amount of money that you can afford to lose and don't use high leverage because trading is very risky. Long term bitcoin investment should be your priority.
Know the risks and make adjustments to the amount of loss you can afford and then improve your knowledge of trading strategies.
Remember, there is no way to get rich quick in trading as there is a high risk involved in the process and most people fail in trading because they always think they can make money quickly.
Improving skills is not easy because it requires patience and direct involvement, but if direct involvement is not supported by knowledge it is also wrong.
If you want to practice trading skills directly, use a small capital first so that when you master the market structure well, you can try to increase the appropriate trading level.
I think the most important thing you have presented for new traders through your speech is the fundamental and technical analysis of the market. And that must be achieved through the use of a demo account before starting to trade. To enhance trading proficiency it is essential to acquire a solid understanding of money and risk management, which I believe will play a crucial role in mitigating emotional influences.