Bitcoin is not guaranteed to go up, so newbie no coiners and/or already existing low coiners still have to figure out their allocation size into bitcoin.. in the case that they already concluded that they are going to start to take a bitcoin position, they still have to figure out their accumulation approach and their position size in order to account for both upside and downside scenarios.
Of course not! But history has shown us Bitcoin reaches a new ATH after every bearish period. Take a look at past market performance to see for yourself. This gives us an idea that BTC will be much more valuable in the future. But I get your point. Some people are afraid in getting into Bitcoin now, thinking prices will suddenly go all the way down the drain. They prefer to wait until "the right time" to buy some BTC.
It's been only 16 years since Bitcoin's inception, anyways. Everybody's still early to the game. Once Blockchain becomes a part of our daily life (and the Internet is spread all around the world), that will be the day Bitcoin becomes fully mainstream. Then, it will be too late to get into it as prices will "stabilize" (sort of). But I wouldn't expect this to happen anytime soon. Only within the distant future. Just buy, "hodl", and forget about the rest.
