Bitcoin Forum

Economy => Trading Discussion => Topic started by: eliteeservices on May 19, 2020, 02:37:42 PM



Title: stock investors can recover losses discussion and question
Post by: eliteeservices on May 19, 2020, 02:37:42 PM
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.