Nowadays if we notice to our human world, we find that most of our social instability and insecurity is caused by our own members of Homo sapiens species; especially our young generation is engaging themselves in many unethical activities, violence and juvenile crimes forgetting their morality as well as identity based rules and regulations. It is going to be a matter of concern as well as an alarming matter all over the world. Like other countries Bangladesh is also facing this kind of challenges. According to the FBI statistics, most crimes are committed by adolescents. The rate of this involvement is alarming in Bangladesh; especially in Dhaka city. Now the question is what the causes behind this youth degradation are? If we notice deeply we will find that, the root cause of all unethical behaviors and activities of a human being is mainly caused by their identical instability or crisis, which invokes them to engage with inappropriate activities with their identity. In this article, we discussed about this important issue and tried to establish the root cause of youth degradation with explaining necessary terms, causes, providing real scenario of this crisis in young generation of Bangladesh and exploring overcoming strategies.