Firmly believe it was good idea to encourage newbies for investing in bitcoin but also for long term not trading in short term.We all in the market are aware about high volatility of bitcoin like the crash of 2017 when prices fell from it's ATH around $19800 to $3k which is nearly 80% fall in value but what prices we stand at today even after losing significant part from ATH of $69k? We still are at $28k which is $8k above from the ATH of 2017 so don't you think it's profitable decision for bitcoin investment?

How many of holder who have safely and with patience holding bitcoin for years have lost and not gained profits? So what you are saying sound like bitcoin is not going to rise anymore and those obituaries we read them about bitcoin are correct but you will see with time improvement in prices.

The newbies should make their decision and encouraging them is what we all do but if they blame others for it then they have not understood the bitcoin system at deeper level.The prices tend to rise in long run due to many factors like reduced supply with upcoming halving and more and more adoption will push up the prices so the those newbies you are talking about will regret their decision for not investing in it.So the end decision lies with them what's wrong or right.

For me still bitcoin is the best possible option in every manner and will encourage newbie to invest in it as i am not forcing them to invest in it.