You are right, mate. There's a saying that success is a product of hard work, grace, determination, and perseverance. Some people just think that the fact that other people have done a particular thing and achieved success means they can just do it and gain that success, but it doesn't work like that. Financial management and investing are skills that are not naturally possessed, but they can be learned either by reading, taking some courses, or regularly following up on one's role models and learning from them too. It is wise if someone learns about the risks, advantages, and disadvantages of whatever they are investing in. It's also profitable if the person has proper financial knowledge or can make inquiries from a financial expert.
People only see the results but don't go through the process so there is nothing they can apply and actually it is the process that will mature us to achieve success. Vice versa with investment and when we see other people have been successful then we will also do that, but unfortunately only a few people are willing to learn first before investing directly. In the end, they were deceived by this investment because it was based on promises of big profits by other people and did not try to study it first with the correct knowledge.
This is what often happens to people who have not learned to understand investment and because their get-rich-quick mindset encourages them to accept other people's invitations, even though investing can be done alone without involving other people. It is important to study the risks so that we do not fall into excessive panic, especially when the market experiences a sharp decline.