It greatly aids the growth of cryptocurrency demand, as well as having a favorable impact on coin values. However, there are also new panic sellers. People who don't know how to successfully handle their assets are always destroying the market. Before investing in cryptocurrency, people should educate themselves.
Newbies are prone to all of this, especially panic selling, falling to FUD, or fake news.
So we hope to newbies who are new in cryptocurrency, they should always learn first and have time to know the basics or how cryptocurrency works before putting their money on it and cry when they got rekt or scam or lost their investment.
The main problem with newbies is that they begin their journey too soon, they find out about this market and about the potential profits they can make and get all the money they can and enter the market in less than a week, and any newbie that does that has almost no chances of becoming successful, now there are a few newbies that are incredibly lucky and do so but they are the minority and the worst part is that other newbies see this and instead of taking a step back they think the same success will happen to them repeating this cycle over and over again.