Those noobs can be easily swayed by FUD specially those who bought at the top price during the December frenzy. They panic when everything evaporated just like that then comes the FUD schills and doomsayers which added fuel to the fire. That's why they are the victims here, potential profits is gone because they are too emotional. Then they join the doomsayer that bitcoin is dying or bitcoin will go to 0. Well, you can't blame them. They went to the market with the hope that its a get rich scheme which they learn in the hard way that its not.
That's why they are called
noobs in the first place but yes we can't blame them.
Thinking bitcoin price will just stay upwards, these
noobsstick to that kind of mindset without realizing that a crash or dip might happened on the way. But honestly, it was a good experienced for them to be swayed by FUD and then regret follows as in here they will realized that bitcoin price crash is not the type of scenario where they will just easily pullout their assets.
With that kind of experienced, these
noobs will improved their thinking that a crash is part of the system and if they planned to hold for long term then they can conclude that they must disregard any forms of movement on the price because all they need to do is to HODL.
It was not only noobs many people thought the price will keep increasing since the 2017 year was a year were almost everything went bitcoin way so they were too comfortable seeing the price growing, the crash was a nice wake up call, nothing goes up forever not even bitcoin and if they want to make money long term they cannot buy at any moment and think they will be making profits you need in fact to take advantage of the dips and hold for a long time.