But status is affected by subcultures; if I spend 6-months learning how to write an NES emulator or speed-running N64 GoldenEye or reaching 2200 elo in chess -- I'll get status from a small group of gaming enthusiasts but in the larger context its (probably) not a good use of my time.
For example, I got a double major in unrelated fields (I was ambitious and wanted to signal how smart I was), but it would have been better had gotten straight A's and masters degree (a double-major only impresses 1st-year undergrads; in the larger context of academic status, its irrelevant).
It would also teach my younger self about counter-signaling in the status game https://host.kelley.iu.edu/riharbau/cs-randfinal.pdf
Also not too much alcohol and HIIT fitness.
I don't mean risks in the sense of things that put you physically or mentally in harm's way, but trying ideas, learning new things, new activities etc.
Some reasons: the explore/exploit tradeoff is massively in favour of exploring when you're young, you have almost nothing to lose, very few responsibilities and so much time (relatively speaking to later in life).
My twenties were experimental. I learned the ropes. I failed often and failed early. Now to inculcate those lessons into everyday life. This is like turning lead into gold.
30 to 40 is 8 years
40 to 50 is 6 years
50 to 60 is 4 years
60 to 70 is 2 years
After that it's just a blur Don't sleepwalk into being old