Although I have some eth, I like to see the price plummet so bad, not because I wanted to buy lower but because I wanted to see these new comers get burned.
Thats too harsh buddy and it seems you do really love for those new comers to get burned. It will really definitely happen specially for those people who dont have much idea on entering without knowing the recent events on eth ecosystem. Prices will really roll back specially theres a lots of coins have been hacked already.
someone who has "not much idea" should not enter without proper research and education. as price drops and they lose money it is not based on bad luck, it would be because of stupidity.
what you said is true only if someone by accident loses money. like if your hardware fails (HDD dying for example) and you lose your wallet with the money in it.
some newbie who enters trading like a sheep who is following others who told him "ether is the future" deserves to lose money, maybe that can snap him out of it. and i know it is harsh but it is an ugly truth.
This is why its really important for us to know the latest or current news of a particular coin if we do tend to putt up our money not just like on jumping in without any idea on whats going on the that particular coin. Following others words would really put us on harm later on thats why as a newbie its been always suggested dont easily believe on the things around you and you should really study and study until you will gain knowledge to avoid such lose.