Basically the ideal level of investment or not is seen from one's ability and perhaps at the decision making stage we will see how regulations regulate this issue in our country. I try to see this problem in the bitcoin environment and in my country bitcoin is legal to run as an investment asset but there are many people who take advantage of people's ignorance to commit crimes involving it. One must understand the level of investment that is being carried out because without good knowledge it will actually make them get unexpected losses.
In addition to location, regulations and taxes, we must also consider the effectiveness value of the investment being carried out. Because many people are involved in investment not because of knowledge but because they see other people succeed there. In the end they get caught up in other people's success and try to do it with abilities that are not able to be carried out properly.
I do agree that regulations play a big role in this, but bitcoin is trying to be above all of that. Unless bitcoin is illegal in your nation, and not many nations exists that makes bitcoin illegal to buy or own, so that means most people can buy it and hold it, then it means there aren't any other regulations about it. Like you just buy and hold for long term, that's it, that's all you do, why would regulations matter to you in that case.
I understand that some people may look at it differently, but I do look at it like it is something that we need to see as positive. Region may depend if you want to buy stocks, real estate, even gold, but it doesn't matter when you are investing into bitcoin because it is the same globally in every part of the world.