Crypto is like Wild West till nowadays. Regulation has two sides of the same coin. It may kill huge profits but make investing more safe at the same time.
No, today it is far from what can now be found on the market. Wild West has already left the current situation in the cryptocurrency market. I assure you today it is more beginning to look like an ordinary scam until there is no interference of regulators
Perhaps then, the market will not be so volatile and therefore not attractive for investors. In addition, tight control is possible not only for projects, but also for investors.