It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
I think that the spirit of hard work is dying off and people don't spend time to know what they are putting money into but just to invest best someone else has done likewise like they are gambling a chance for profit. This is why many have been scammed because they rush to invest without thoroughly scrutinizing the process more like gambling the chance to trying there luck.