>>I believe institutional investors do their research before investing in Bitcoin. Why do they still invest if Tether & Bitfinex are fraud? Because institution

>>I believe institutional investors do their research before investing in Bitcoin. Why do they still invest if Tether & Bitfinex are fraud? Because institutional investors are not people borrowing $50K from loan sharks risking their life and limb to invest in one instrument hoping they'll get lucky. When you have hundreds of billions to manage, your options are to invest everywhere, even in scammy places. Bay Area billionaires invest money in lots of start ups, every once in a while you get your Google's, Facebook's, Air BnB's and they make up for what they lost else where. You can use this strategy too. Invest $10 or $50 in lottery'ish places every time you come along one. If you find something pays off, spend a little more there. Take you money out when you have decent returns without getting too greedy.