Risky is investing more than you can afford to lose. I have about 14K...I can lose every penny and no worries. I've lost 30K on AMC in the last month, it'll come back up eventually. Few are investing more than they can afford to lose. Far as I am concerned the only losers are those watching from the side lines. I'm sure you ate out 5 times in the last month so you can afford to play, you choose not to.
No, the only losers are people who invest money into something they no faith in just because everyone else is doing it.