Perhaps I do agree with you to a great extent yet young people within the mention age could sometimes make right decisions even without their parents providing the foundations. young people within their 20s are prone to mistakes that we do realise later on but this mistakes regarding investment are always personal decisions in my honest opinion.
Although there are activities that keeps young people engaged and caught out of the right part yet we keep letting ourselves into it.
Using myself as an example; I'm in my earliest 20s but I've got a little bit of knowledge and made decisions that's way against the expectations of people within this age perhaps I know it's a self taught and a discipline that brought me to this stage hence when I see young people within my age making the popular mistakes I do agree that young people are self voluntary to mistakes.
At 20, you are already an adult who should make decisions on your own, I think it would be worth doing this even earlier, at 15-16 years old, at this age I already started working and did not depend on pocket money from my parents, this is what allowed me to make decisions on my own, and my parents respected my decisions, because I had taken the right steps before and showed that I can earn money. The only thing they told me was that this should not interfere with my studies, because education matters, for which I am grateful to them. So when you can learn to be independent so early, you learn to apply all this to everyone, and rely on your knowledge and not listen to the opinions of others. The same is true for making decisions about buying and selling bitcoin, because if it comes to your money, listening to someone else's advice is a bad decision. I would not buy bitcoin now, because bitcoin is too high in my opinion.