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How I pick a Stock.
There is no right or wrong way of picking a stock.  It depends on your appetite whether you are for long term haul. Like 3 to 5 years long for fundimental strong company with good cash follows and business expansion plan forward.
For scalping/day trading read more from fellow day traders posts from social media groups like reddit etc. look for catalysts that will spike the stock and make sure there is volumn during intraday movement of the stock and do a due diligent research of the stock. focus on 1 or 2 stocks for beginners.

Bitcoin dropped as much as 16% on Tuesday morning  after breaking through $52,000 late Monday. It was last down about 9.5% and trading at $46,892.04, according to Coin Metrics. Ether fell 12% to $3,441.21.
XRP and Polkadot’s dot token were down even more, having plunged more than 20% during the same 24-hour period.
Several market observers emphasized that bitcoin suffered this downside amid robust selling activity.
Source:
Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender