I agree with the statement in general except the part where the regulators and governments hate cryptos, I don't belive the word "hate" is the correct word to use, now all the regulators are trying to achieve is to restrict the money laundring activity or to minimize the use of cryptos in the dark web, we mostly think that cryptos are used by investors seeking profits or institutions that agree to use them but have you ever wondered that a good portion of the crypto market is part of weapon, human trafficking and many other illegal activities? The fact that they are decentralised is not always a good thing, that aside the new investors should learn what it means to HOLD or HODL (as is the hype word), learn how to read the news properly, I'm sure we can all remember when Warren Buffet said that he would never invest in any crypto, and later it was discovered that he had indeed invested quite a lot in them, the news about Korean and Chinese "ban" and many other tricky news. All I want to say is: Do you invest in cryptos because you belive in a particular project or do you invest because of the news?
Learn how to HOLD people!!!