I would point out that the disadvantage I feel is people jumping in at the wrong time.
Always like that - be it stocks, speculation, pyramid schemes: the masses of small fishes give their money to the early players... It's psychology of crowds.
this is not a psychology issue, but a theories of capitalism which deals the free market. the large capital can play price and take benefit from small capital . therefore, creation crowdfund token, or bots trading can minimalizir whales playing dumb and pump .