That's why they keep on saying DYOR = Do your own research.
But newbies today are different, unlike before we've been looking for the appropriate answers to our questions that comes out of curiosity. Now people are only curious on how to become rich overnight.
That's right, newbies want to be rich in an instant but that is not the correct mindset when you are a newbie. They should think of a way to learn more about crypto and apply it in their decisions to what they are going to do in cryptocurrency, be it trading or mining and even doing bounty hunting.
That is usually the problem with a whole lot of them and if that is the way everyone has been getting rich, I wonder what the world would have become. Learning is one major part of being able to do well in a space, and if you are going about an investment without knowledge about that investment, you will keep making some floppy decisions until everything hits the drain if care is not taken.
People tend to listen to the only thing they want to hear and what is driving so many people into making decisions today is greed and not because they have a pure understanding of what the future may be holding in the long run.