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RE: Crypto market lacks of professional trading services
actually yes, trading in such a volatile and brand new tech, may be harmful a bit for evolution of the tech in a right direction
actually yes, trading in such a volatile and brand new tech, may be harmful a bit for evolution of the tech in a right direction
Scammers are flooding the market with fake ICOs, that causes lots of regulations - it might be positive thing for more conservative investors.
Due to scams - Facebook, Google, Twitter have banned ICO, Wallet, Exchange related ads on their platform. So right now it is quite difficult to attract and enlight people about this technology.
And since people are investing so blindly without proper due diligence it is obvious that majority are receiving negative returns especially in current bearish market.
Another good example of irrational trading was indicated by Carter Thomas.
"The Centra co-founders were just arrested by the SEC and people are buying the dip" (Bitconnect case)