Can a newbie make money in the cryptocurrency space?
It's difficult; you might get lucky and make some money, but will you exit after making a profit? If you don't exit, then it becomes risky.
Moreover, this isn't just a question of whether a newbie in cryptocurrency can succeed; it's a matter of trading principles and experience. Trading is essentially a process of continuous learning and practical application in a cyclical manner.
1. Determine the trading variety and understand its content and characteristics.
2. Carefully review others' experience sharing, analyzing their successes and failures.
3. Set reasonable profit-taking targets and acceptable loss limits.
