Newbies do not panic, china have banned crypto up to 5 times since 2012 already and look around you, all those countries that put ban on crypto are the ones with people buying crypto the most, for example Nigeria and india there is no reason to panic because of China ban, also I would like to tell you guys that BTC have died too many times before, this is a prove that crypto is here to stay
You can say that to newbies because they do not have much information about the bitcoin volatility and can panic when the price is down.
It is interesting to see that the country that bans crypto is the country that buys crypto the most, showing us that people in that country do not fear or worry about the prohibition.
Bitcoin will be still with us and will attract more people to join bitcoin.
I think people who invest in bitcoin already see what bitcoin can give to them, so they decide to invest in bitcoin and hold it because they know bitcoin can give them a big profit in the future.