It is going to work, the problem is that the whole environment is too risky for me... I would not put let's say 200k or 500k into an unregulated crypto exchange

It is going to work, the problem is that the whole environment is too risky for me... I would not put let's say 200k or 500k into an unregulated crypto exchange, with no government insurance and protection for my assets... Not to mention they are a huge target for hackers, and the lack of government regulation can hurt a speculator like me, there is nothing to prevent the exchange to do a lot of stuff which are illegal in the regulated stock market(and you can actually go to jail for...)