It is not the right time to invest on BTC for newbie. Price of BTC is continuously falling. So I think we need to take some times to invest on BTC.
There is blood in the streets. It's the perfect time to buy.
He's saying that we haven't quite sorted out whether this is a falling knife or we are in the clear. If the former, a newbie might panic and also might not know how to deal with exiting on the right side of a wave. So, yes, it might actually be a very dangerous time for a newbie to buy.