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Trading Discussion
Topic OP
stock investors can recover losses discussion and question
by
eliteeservices
on
19/05/2020, 14:37:42 UTC
So the one thing about Crypto investing and trading - if you lose you lose. If you get hacked you get hacked. With banking (traditional) that's not the case - bank will cover from fraud and Fed can always print money and replace. With stocks, if you lose, it's possible to recover some of your losses for example see
https://www.glancylaw.com/news-faqs/elanco-animal-health-incorporated-elan-is-being-investigated-on-behalf-of-investors-by-gpm-a-leading-securities-fraud-law-firm/
So this goes into the argument both for and against traditional assets vs. Crypto. Some companies starting to offer things like insurance, i.e.
www.blackwatchdigital.com
However that's fairly rare and is not widely adopted in the Crypto space.