WHAT A NEWBIE SHOULD DO TO AVOID LOOSING MONEY IN CRYPTOCURRENCY

Stop investing haphazardly without effective risk management.
This is the most difficult but necessary step. If you keep putting all of your money into a single investment strategy, you’re bound to make a mistake and lose everything. I recommend allocating 1–5% of your portfolio to each deal. You can only improve this percentage through practice, but I wouldn’t advocate it if you want to sleep soundly.

Not adhering to the current fad.
Money just follows feeling in the cryptocurrency market, which is a highly emotional business. If you continue to trade Defi tokens during NFT craze, you will undoubtedly miss out on lucrative possibilities.
https://coinsada.ng/what-a-newbie-should-do-to-avoid-loosing-money-in-cryptocurrency/

/coinada

I'd say that the main rule that every newbie should follow is to spend as much as you can afford because many people decide that it's a good idea to invest a lot in order to get more later, but it turns out that you just lose all your money, and you can't pay your rent. That's why my first NFT was a card by MyImpactPower. It's not that expensive, and the chances of profiting are pretty good. I think that people should be more realistic and invest as much money as they're ready to lose without any problems.