I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.
This is correct.
Most of the newbies are asking what coins should they invest, but they don't know why they choose those coins because they just blatantly choosing it from other person picks without actually researching why and what are the reasons behind this and then they blame crypto because it's "bla bla bla". That's what common newbies actually are in my experience.
Do some research first before doing anything even you pick it from other person, so you can actually learn and try it by yourself once you are ready.
Just think what if the USA declare all the crypto as security then what will happen to these 12000+ token that is circulating in the marketplace? Most of them will be worthless and Many people from the USA will be forced to sell their tokens. We know this will have a very bad impact through out the whole crypto space. I think they are going to announce all the POS as security and ETH will be the first to the tank.