I don't think anyone should be doing something they have no knowledge about. Before you start any kind of business you should study. Starting a business you don't have a clue about is just a waste of time as you will just be gambling with your money and before you realize what's happening you've failed! So it's best to take time out and study trading and know everything about it before you start.

Learning trading is not easy, it took me a lot of time and even now there are still a lot of things I'm yet to learn. Another thing you have to know is that there is no guarantee that what you will make is profit, the risks will always be there, but you can minimize the losses. You just have to work really hard and be good.

Yes you're right about that: I have seen a lot of newbies and they join because of the stories they heard of old investors that made it and they feel that Bitcoin is a means for quick profits online, forgetting to look into the risk side of it. They only start to realize it when it's already late.

It's good that anyone that wants to start trading should take their time and learn how to trade and also learn about cryptocurrencies.