Sometimes young people are the most lucky ones, they still have their chance of loosing. So, why not?
I think taking high risk in trading or investment has nothing to do with age, some people by nature are inclined towards gambling to get quick rich but my learning through experince and life time observation taught me a clear lessson that such adventures eventually end up in disaster with some exception when they win becuase luck is on their side. Risk managment is a science and we should learn it before jumping into any kind of trading and i can say with confidence you will win most of the time when you follow it.
Absolutely. I don't think is about age even though I do understand why the poster might think this. Older people have come a long way from investments and must have learnt a lot over those times and might have not withness investments as volatile as what we have with Bitcoin or cryptocurrencies today. Now the younger generations that are coming into the market might also be looking at it as a get rich quick thing hence all the losses you will hear and that don't mean older people are not involved in it too.