There are bots to beat, whales to wade through, advisors to avoid, and ICO's to ignore. But adorable wordplay aside, the numerous obstacles in crypto markets today have jaded many investors and traders, and the hinderances have cost both annoyingly small to devastatingly large fortunes to many.
Regulating cryptocurrency would not necessarily unf*ck the markets by any means. In fact, it may just end up f*cking it even more. Here is a short list of cons associated with making crypto more regulated:
People have invested their money into crypto as a way to break free from centralized governments. If the biggest advantage to cryptocurrency (decentralization) was taken away, it would defeat the purpose of using it as an investment vehicle, and values would plummet as more and more limitations are imposed on what investors and exchanges can and can't do. The ideological objective of cryptocurrency would ultimately be lost.