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.
Yes you are right people want to become rich in a real quick time they don't even research about the coin where they invest like few invest in ICO's without checking their previous projects and say they were scammed and they lost money.
But before there was no such number of coins and ico. Now even if a newbie wants to get rich quickly he still needs to work hard.