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.. decades ago people needed to contact investment companies/portfolio managers and use their expertise to invest. now people can self manage investments. and if you dont have the knowledge/expertise then you get emotional
With the ease of investing today, there is no age limit for anyone who can invest.
Especially in crypto investments that do not require KYC to make an investment in Bitcoin.
No need for an investment company or portfolio manager. only with a smartphone everything can be done easily.
But yes, with this convenience, beginners will enter without any knowledge or expertise, so they will easily get trapped and lose the value of their investment and their emotional tendencies will be disturbed when the investment fails. Psychology will be disturbed and make them to panic.
Investing in Bitcoin is different from investing in stocks, bonds, and real estate.
The risk will be greater, with faster price fluctuations due to high volatility. it will play with the psychology of beginners.
So, it's really important to understand how Bitcoin investment works to avoid panicking and losing more.