$NOT ALERT 🚨 🚨 🚨 READ THIS IF YOU BUY NEWLY LISTED COINS.
I've seen a lot of fuss about new coins and many many people were losing a lot of money on these coins. I saw people complaining about $REZ coin too after it was launched. Many people had high expectations and lost a LOT of Money.
The most important advice and tip for beginners is that you NEVER EVER buy a newly listed coin . The market is always extremely volatile during listing. There is no fault in the coins themselves. Many people straight up start spamming that the coins are a scam when they lose their money because they went long.
Coins that you can earn from staking or airdrops almost always dump immediately after their listing as a lot of people immediately book profits from tokens they get from airdrops and staking.
Do not buy newly listed coins, always wait for some sort of price action to form and only trade afterwards . I'd suggest waiting at least a month if you trade on lower time frames. This is such a simple piece of advice that a lot of people seem to neglect for some reason.