Brilliant description of "new investors" my friend you tell it exactly how it is spot on. They let their emotions dictate their actions. You just ca not do that when dealing with money or finance.
Saying that, when I started trading in crypto I was doing the same thing lol : )
I made a lot of mistakes that way and had to earn fast if I was to make any profits. Jeeez I was so impatient those days. Now I see the bigger picture and play the long game. For example I bought some Bitcoin the other day to ride the fork train that is coming. It went up last night and IOTA has gone down. I think IOTA and other altcoins will go down too and I will just buy more while the price is cheap. I would never have done that when I first started:

Yeah I am working on that "Tangle" post as we speak..
So good chatting with you @darkhorse I can see you have some knowledge in the trading space yourself you dark horse : )