For me, it's better that these people ended up in that experience. If loses now come, they will realized that everything is not that easy.
Ironically, a lot of people don't learn from their mistakes in gambling. Even if they lose a certain amount, they will just say that they will win that back soon instead of seeing the reality that gambling is not going to earn them a fortune.
In trading, especially in the bull run, there are lot of people who think they are genious and ended up wrecked during a bear trend.
That's a lack of knowledge and experience, because a person who has a general idea about trading and the cryptocurrency market, would know that the market has a cyclical movement pattern which means it goes up for one-half of a season and goes down in the other half.
In gambling, there are lot of people who are also think they are genius but when losing streak starts, they don't know what to do.
Those geniuses are fools in reality because they are unable to see the facts and the true face of gambling with open eyes, they can't see or hear people saying how much money they've lost in gambling, and just because they manage to win $50 with $5 once, they start to think they will become a millionaire through it.