The question here is why would they even buy some random shitcoin that is being pump without a good reason?
I think most of the people who does it are the newbie's who really believed in some random signal group that tells them to buy this shit coin and dump at a certain point.
Yep, agree with you. It is mostly like some newbies trying to invest or a group of people who never learn correctly from losing many times. Still, the problem is not about "newbie or old" but they are not smart enough to decide on what coins to put their money. As a newbie, you must be more selective + careful to choose coins. Normally, most newbies try to invest in the safest coins at the beginning.