I cant lie to you I really don’t like it
While your not making the standard noob mistakes and going monotone, using one brush, and simple text.
But you are making a few critical mistakes;
While you are making them multicolor you are choosing colors that don’t fit very well together; pick some that go well together
The background looks like you used more than one brush on it witch is a good thing I think that you may have used a few to many different brushes and the result is something chaotic; try and make it flow a bit more
The text looks like you tried to go for something cool unlike many noobs and even some advanced designers who simply add a default text to it and leave it at that
The render needs to blend in with the background more it stands out way to much; try setting the render’s layer to luminosity
That just my opinion; I would love to see an update so I hope you take some of my comments into consideration!