Short-term traders thrive on price swings. They need volatility to profit from rapid moves.

Long-term investors? They want the opposite—steady growth, predictable returns. Calm waters.

These two groups want fundamentally different things. And that's precisely the problem markets run into without proper oversight. Unregulated spaces tend to swing between extremes—wild rallies one moment, panic dumps the next. Structure and rules exist because markets need to balance competing interests. Otherwise, you end up with environments where one side gets wrecked while the other cleans up.