4) Practice DCA Strategy: For example you have a $100 as capital, never invest all of it into a project at once no matter how promising it is. Always try and spread your capital using installment acrross different point in time.
Cryptocurrency investment might be overwhelming but what benefit will a newbie gain trying to repeat a mistake done by those they presumably look upto. A newbie who is applying DCA with $100 should be specific in their investment by choosing bitcoin over other cryptocurrency. If the keep trying out just any cryptocurrency they might end up running round a loop of persistent losses that will be hard to overcome. A newbie is meant to keep things Simple until the they have mastered the wave of market and bitcoin long term hold solves this complexity.