No, because you won't be able to build a strong team with 18yo only, unless you invest a lot (really a LOT!) into all of them. But then you will be over%'d and you will face equally strong opponents, highly likely from the upper levels...
It is a HUGE inefficiency. One or two 18yo players per squad max. Though better keep them on the bench for a season or two, train their whites and then put into the mains squad when they turn 20...