You are right, experience is the best teacher as they said, in which most people learn faster from experience, as it’s important for one to learn from their mistakes and make every necessary change that will support them in achieving their success in trading, because it’s not something that works through magic but by researching and understanding the risks involved and how to also manage them.
I think people who are new in the market and they earned a lot of money from their business or job And they are stable in their life and they have responsibilities but they are bearing this without any burden trading is fot these people and they can lose money but there is a option which will make them more wealthy person in their town . If you have money and you don't want to lose and you can invest for long term then long term investment in best because if you will invest for next few years then bitcoin will be at 200k and it will be out of reach but invest that money which you want to lose . People are intelligent because they got education of cryptocurrency and they can earn huge amount of money by that in a long run and short run , that depends on choice and point of view but both have their own importance.
