Trading requires knowledge and experience both but knowledge is needed prior to enter the trading market and experience you are getting as a Newbies. There are lots of information available regarding trading so one can easily get it but the accuracy of your knowledge will only be determined by the number of win and loss you face during trading.
No doubt, dude. When a city is about to dive into something new, one thing is very important, namely the knowledge it has. Without that, it will be as if the city just entered haphazardly, without any preparation. And the effect,,? will be very complex.
Not only do they lack knowledge and experience, but also because of their ignorance, it can more easily create panic, FOMO, greed, and various other emotional traits which can actually be dangerous.
This will definitely be quite different when we are scientifically prepared, at least we will be more aware and ready for all the risks. So we will understand better what to do.