I understand what you are saying, but it's not always easy for newbies to stop watching the daily movement of Bitcoin price, or constantly asking for what's the price of Bitcoin today. I think this is necessary in preparing them to also understand the process. You know a child will start crawl before he/she can walk and run. Even if you advise them not to do so they won't listen, at some point every investors went through such emotional problems that's associated with monitoring the daily price of Bitcoin.
The best thing you can do for a newbie is to advice them to use the DCA method. I know the amount of anxiety, time wastage and money it cost me when I was glued to the screen monitoring Bitcoin price when I started my journey of Bitcoin. The DCA method eliminates all these because the moment you start using the DCA method, you subconsciously know you are in for a long ride. The anxiety and eager to see your assets in profits will be gone. Any newbie who adopt this method of investing will truly do very well in managing the portfolio.
Since the price of bitcoin has down from $44,000 to $41,000, so I think a buy on dip strategy is worth considering now. I don't think such a correction will last long, especially since the halving and ETF have been the reason for the big rally. Personally, DCA isn't really needed right now, lump sum seems to be the best option.
Do you think that $41,000 is the bottom of the retracement? What if price continue dropping down to $38,000 and more down to $36,000? There is always this difficulty associated with buying the dip which is knowing what the real bottom is. Only way buying the dip makes sense if the target is for long term investment. The retracement can continue all through the festive period because it is expected that many people will sell their Bitcoin to enjoy the holidays. Therefore, anyone in a hurry to buy the dip, on a $3,000 correction, for fast profits might have to wait throughout the festive season. It is also possible that the correction will not be deeper than expected.
Considering how emotional determining the dips can be, using the DCA method together with it can offer more efficient way of handling the Bitcoin accumulation process.