This is one of the reasons that traditional investors and big investors are afraid to enter this market. Large-scale attacks by hackers on websites, trading platforms, to steal assets Cryptocurrency is always an obsession for investors.
an investor never worries about an exchange being hacked! the only thing important for them is bitcoin being secure in a safe wallet and there are enough options for that from hardware wallets to paper wallet cold storage that they don't have to worry about anything.
the only reason why people are afraid to invest in bitcoin is the FUD that is always around and the fact that bitcoin is still new and unknown to many of them.
Yeah that is what I am thinking. Investors will invest and will never trade it back. If they are targeting crypto currencies then they are safe for that moment since they will be in USD for buying it.
Now, once they bought it, they can easily get out and leave it in a hard wallet for a long time. I do think that is what an investor really means.
Getting caught in a hack by staying your crypto currencies in an exchange is not the best way to store it. Investors do store not trade it back after a few hours.
Plus that could just be connected websites with one attack, they are really targeting one website after all.