Yeah you are correct some people especially newbies really don't understand how Bitcoin works they just heard about someone it and feel they can just start investing and start making money from it and that is why you see some people become frustrated when they start investing and they later got disappointed by not making the quick money they expected to make.
A lot of people has left Bitcoin investment because they feel Bitcoin is too slow in it's growth and they feel investing on shitcoins will be more better because it will grow fast, the want of quick money has even blocked there eyes to see the high risk in shitcoins and that is why no matter how people keeps failing and losing money in shitcoins some people are still investing in it.
When it comes to bitcoin investment on needs to be patient and also be consistent, Bitcoin will give you more peace of mind because one won't lose money when there's a dip it's certain that it will grow again one just need to accumulate and hold for a long term.
Before investing in Bitcoin one needs to have the basic knowledge about Bitcoin and how it works it is very important, if a newbie has basic knowledge about Bitcoin and also know the history growth of Bitcoin it will help him or her to relax even when there's a dip.
I think people who are planning to invest in Bitcoin hoping for quick profits should put their plans on hold. First they should gain knowledge about Bitcoin, then they should decide whether to invest or not! Because when a person gains knowledge about Bitcoin, he will realize that Bitcoin is not a means of making quick money. He will also understand that in order to profit from Bitcoin, he must be long-term. After acquiring the knowledge, it will not be affected by price decrease or price increase. Instead of getting depressed or panicking during price drops, he will learn to enjoy the time.
If a person is a newbie and wants to come into bitcoin investment with a long term plan and want to invest in DCO method then I think he can do it even if he doesn't have much knowledge about bitcoin. He can start investing only if he has an idea how to buy and later learn different strategies to hold the investment which is Bitcoin knowledge. Gaining knowledge will benefit your investments as well as help you advise others to invest successfully.
You mentioned a topic related to Shitcoin, which mentions profit, not loss. Keep in mind that while the profit margin is high in Shitcoin, there is also a high chance of loss. You will not only lose from Shitcoin, you will also gain but the amount will be much less than the loss. That is, if you profit $100 from Shitcoin, it is almost certain that you will lose more than $100 later. As the profits in Shitcoin are high, there is a high chance of being tempted, thereby increasing the potential for losses. Because many coins disappear from the market due to the low probability of value recovery in Shitcoins, if you invest in such coins you will lose the entire money. Long term and short term investment in SHITCOIN is extremely risky and I don't think anyone would dare to advise taking such a risk.