Whenever there is a dump in bitcoin prices we see negative sentiments everywhere followed by negative news. Due to this everyone is affected and not only the newbie's investors.
Most people come in crypto trading thinking that they will only see their portfolio grow. This is not the case in reality and they should be prepared for both types of market conditions, bearish and bullish.
Following up on that, you have to remember that a large part of the media likes to publish themost outrageous things, and in particular, if there is information on that which can be used to agitate a market, that news will be spread all over the place. In fact, some news channels seem to have an agenda which they are trying to prove, such as certain stories about certain problems which are affecting the bitcoin community. When things like that happen, often reporters will take things out of context and mislead people in order to generate interest in their network. However, those who read deeper can easily understand that this "news" is not what it seems at all. The message they send out is often completely distorted and misguided.
But it could be used in a constructive way. In the same way the press may have some information which can be used as a tool for educating people, that could be used in a positive manner as well.