Couple Tidbits of Advice to a First-timer?

Hey all –

I am kinda brand new to the Crypto investing world and just looking for some nuggets of advice to get rolling. It wasn’t even really my idea; my ‘boomer father has never once been interested in anything even remotely tech/digital related, so when he asked me to invest and monitor a little chunk of his spare cash into the Cryptocurrency world for him, I enthusiastically agreed. I am currently self-employed, so I can be on my phone/laptop at pretty much anytime if need be, in case there is something I would need to move on at the drop of a hat. I am aware of the basics of how it works and all that…but if there are some best practices that seem to work well for your experiences, I’d love to hear them.

Thanks in advance!