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.
^That is why they gamble their money into new projects even though they had a lack of knowledge of it because of hoping to gain x amounts of profit even though they know it is a hype project. This is because of pure greed, they want an easy way of gaining profit without even having enough idea of what they are invested in and how it will work. That happens because most of them want to have profit in a short period of time they are willing to risk that. But I think it is better to risk and gamble your money into a new project without knowing anything than gamble your money in a gambling casino with zero knowledge.