There is no regulation in cryptocurrency trading and there are a lot of professional traders. And we see the results. Unprofessional traders lose their money.
Illogical. In an unregulated market, professional traders will be the least. Professionals will not want to risk their own means if they are not protected by law. They are better off staying in regulated markets such as stocks market and forex.
That is why on cryptocurrency market there are a lot of unprofessional traders or speculators.