You are absolutely right on the fact that noobs really want to amass the wealth within a short time frame. Only wish they can take their time to actually study the business model before investing their hard earn cash into. The cryptospace isn't just for the soft minded but those willing to take the risk and opportunities available in the space.
A lot of noobs have "Get rich quick" mentality, they don't really believe in Bitcoin as a movement for freedom, so when we enter a bearish market, they start considering the possibility that Bitcoin was a bubble, a fad, a ponzi scheme, which makes them reach conclusion that they have to sell to get at least a portion of their money back. It's really dumb because even if you are into Bitcoin only to make money, you should analyze its long-term perspectives and its technology instead of thinking about from purely speculative side.