Don't just leave loot behind. You can dismantle equipment to get materials for crafting better gear at the blacksmith.
Unlike many RPGs, combat is based on actual physical movement. The harder you swing, the more damage you deal.
Do not just swing wildly. Practice timing your weapon blocks to stun enemies.
If you are on PSVR2, the game is available on the Official PlayStation Store.
If you are looking for a "helpful piece" on how to get started or what makes v1.12 special:
Focus on Strength, Dexterity, or Intelligence. In v1.12, balancing these is crucial as late-game dungeons require specific resistances and damage types. Tips for New Players