- Aside from Bitcoin, Ether, and a few other cryptocurrencies with a high trading volume, investing in crypto is"more risky" than buying penny stocks, according to Ronald AngSiy, COO of CEO.ca, who previously worked as a blockchain expert.
He highlighted that Tesla stock has a market cap of $650 billion, while the entire crypto market only has a market cap of $1 trillion, making crypto"easy" to manipulate. "How that pain is manifested is hard to exactly say, because the crypto market is so small that you could have one or two front-end entities manipulate the price of whole crypto market," he said.
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