Bitcoin Forum

It is conventionally taken that obsession to something is bad(wrong) and people are mainly advised to do away with behaviours of obsession to anything as it could result to their harm. And on this note I want us to look into bitcoin obsession, discussing objectively about it without sentiment or prejudice for the sake of  impacting rational knowledge in the course of the discuss.

But before we proceed you might wanna have a refreshing definition/meaning of obsession. According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

Now, it is undeniable and an underlying fact that bitcoin possesses multiple advantageous features spanning from anonymity, decentralization, cancellation of third party, pseudonymity, P2P etc, all encapsulated towards financial freedom.

With obsession when it's gambling we give a strong NO with our reasons attached cause obsession is just another form of addiction. So lets talk about obsession (addiction) to bitcoin. I felt in a way it might help bitcoin enthusiasts like myself and others to knows  and understand in clear terms if bitcoin obsession is bad(wrong) or not.

I don't think that our love for Bitcoin could be termed as Bitcoin obsession, but in a way it's a type of a hobby that we all want to have in our lives. Holding and trading of Bitcoin has huge impact on our lives and we can't ignore the fact that without Bitcoin we may not be able to live our lives happily. The features and all the positive aspects of Bitcoin make it a unique way for us to be attracted to it, and there is nothing like Bitcoin in the whole world.

Most of us are doing hard work to acquire some amount of Bitcoin while others are putting their fiat money on exchanges and converting it into Bitcoin so that they may have a better and financially stable future only because of this amazing asset. Those investors are also enthusiasts who would do every thing to accumulate Bitcoin and their main goal is to increase their Bitcoin portfolios every day.

I would say that the obsession or the love we have for Bitcoin is a different kind of love than an addict has and it's really a positive type of love and using of words like addiction may not be suitable to term this thing. We are obsessed to use Bitcoin for the features it offers, and it's human nature to love all those things that free them from the bondages. Bitcoin is true freedom for an enthusiast and if someone knows that then they will always want to have Bitcoin in their lives.

Going by the literal definition of obsession and addiction, you can deduce that the two are almost similar in meaning. But hence anything is addictive, it becomes an abnormality which should be checked and nipped at the bud.
For me, you can be enthusiastic about bitcoin, which is naturally okay.
But being obsessed with it, is not too advisable.

Your contribution is noted.
 But can you throw more light to what you mean by without bitcoin we may not be able to live our lives happily . Or do you mean  bitcoin now an agent of happiness?

There are people that are happily living their lives without having an idea of bitcoin and there are also those that have adopted bitcoin and investing in it making profits and earnings but are not living happily for some reasons or the other.

Based on the basic facts about bitcoin, bitcoin can still be controlled by someone who understands the things that exist in bitcoin.
I or he loves bitcoin very much, almost every time we think that bitcoin will reach its highest price later, so every day we are constantly trying to collect bitcoins in large quantities because with the amount of bitcoin ownership we have, we will definitely get a big profit.

For me, it's a form of love that is different from obsession. Even if the direction is more towards obsession because you constantly think about bitcoin, I think it is more towards the positive because it is done on the basis of awareness without an element of compulsion.

Pretty hard to talk about this knowing that there are various degrees of both obsession and addiction. It's not binary — it's a spectrum; just like how two money-obsessed persons have different degrees of obsession.

I believe the first thing to be asked on this regard is on what exactly us someone being obsessed about and why, there are levels in life and how we all understand things are different, your own mindset may be different from mine because we all have different opinions and goals to achieve in life.


It's always good to be obsessed on something good and that is worth taking your time, but for every obsession you take on bitcoin, are you backing them up with required and necessary steps to sustain your thoughts, are you not just worrying for nothing sake, wisdom is profitable to direct, don't accumulate stress and worry about something on yourself and later get BP, take actions and be little worried.

I haven't said about the people who aren't aware of the existence of Bitcoin because they might not even have the idea that there is something like Bitcoin in this world, but for us who know about Bitcoin and use it regularly then for us it's no less than an agent of happiness. I was talking about only those people who know the importance of Bitcoin and use it for the features it offers, and I would stick with my claim that we may not be able to live our lives happily without Bitcoin.

I haven't seen any Bitcoin fan be obsessed with Bitcoin, which is termed as the driver form of gambling by OP. Also, what is the point in explaining the story of obsession with Bitcoin a person can be greedy, of impatient, or gambling with Bitcoin to make millions. Obsession reference to such cases seems very weird.

 I would like to continue to read the new posts on the thread haha maybe if I got lucky I can find a weird obsession story of a Bitcoin fan.

Why should someone be obsessed about BTC, i don't get it, do you mean obsessed about earning themselves BTC, are people obsessed about their fiat currencies?

BTC is a currency, and people who have skills can earn BTC, or if a person earns enough in real life, they can use some of the money they make to buy BTC. People can be obsessed about what they use BTC for, traders can be obsessed with the charts and invesors might be waiting too much for a pump to happen, but why would someone be obsessed with BTC in itself.

For me it mainly depends on the subject: I think that being obsessed with bitcoin is wrong because it's not something you have any kind of control over, I mean, of course you decide whether buying, selling or holding but if, for example, you keep checking the price every 5 minutes, that for me it is a problem. But if you are building your own business or whatever other project you are doing, so something that you control, you decide, then obsession is not necessarily bad, it just means you want to do things the best possible way.

You forget that there are Maximalists out there who’s main purpose in life is to revere bitcoin as if it’s the second coming of christ.

Then again, bitcoin was made to be an effective tool for this, so it just makes total sense for it to gain a following. But too much of a good thing is bad, and that applies to bitcoin too as much as people hate to admit it. Just take a look at Maximalists who see all cryptos as a trash can.

Anything that is not normal or not rational is a bad thing.  Obsession being an irrational feeling will often leads to a problem.  Since the balance is distorted, the person being obsessed can suffer stress, frustration and depression if his expectation was not met.  In short the person will find it hard to accept things if it does not go his way.  

Bitcoin is just a currency or an investment. As a currency, I see it simply as a means to buy and sell goods and services. As an investment, it is where I plant my money intending to get profit in the future. Getting obsessed with bitcoin might be a sign that you are investing what you can't be able to forgo. Bitcoin has so many advantages but it is not the only thing that occupies my mind. There is a need for self-control and moderation in everything we do in life.

To have confidence in bitcoin is good but to be obsessed with the currency is going to the extreme. Using or investing in bitcoin should be guided by knowledge and conscious planning and not obsession. So for me, to be obsessed with bitcoin is not ideal.

we like Bitcoin, which is good.  We fell in love with Bitcoin, which is also good,  But,  if we got obsessed with Bitcoin, that is not good and devastating.  Obsession is always accompanied by negative results.  It is more likely being addicted to Bitcoin and we know addiction is not a good thing.  The compulsive thing will disrupt us from balance thinking, and possibly bring us financial ruin since we might use our resources to collect BTC without thinking of selling our Bitcoin when profit is seen.  Obsession especially on things often accompanied by greed and possessiveness and that is why we will try to collect and collect without thinking of selling or letting go of our collected BTC.  That will lead to our financial state imbalance and we may suffer from shortages of budget to other needs.

First, I think addiction and obsession are two different things, but it could be interrelated between addiction and obsession disorders. Basically, admiring anything in excess is not good for our mental health.
I think it's okay to be obsessed with Bitcoin as long as we can still control our behavior, attitudes and views not to overdo it, in the sense that we don't exaggerate our thoughts about Bitcoin too much. Exaggerating here I mean like if we have thoughts and a view that only Bitcoin is the only one who can help all our economic problems, Bitcoin makes us rich quickly and fixes other problems which logically are not included in the purpose Bitcoin was created.
Bitcoin can indeed help improve our finances, but we also have to be able to think rationally that all of that also depends on how we use Bitcoin and our conditions too.
We should still think rationally and manage our thoughts so that they become a positive obsession, that is if we really have views and thoughts about Bitcoin as they should and not too much.

I don't perceive obsession and addiction as identical. As you mentioned, not all addictions or obsessions are inherently negative. Take, for instance, an addiction to assisting others—it's undoubtedly positive, and you should persist. Conversely, being addicted to drugs is detrimental. Similar to this, being addicted to Bitcoin isn't harmful, but gambling can be. Occasionally, even if not actively trading, I find myself checking Bitcoin's price multiple times daily. This sort of addiction actually benefits me, aiding in decision-making.

I believe there are many levels of obsession and at a certain point when we are very much aware of what we are doing and can still be in control of things then it may never be harmful. Having some faith on something that we know is a game-changer in many aspects and being a part of its adoption and dissemination is very much alright with me. Maybe not being to sleep well thinking what can happen with BTC the day after is something that I discourage as it is not anymore normal. The key here is normalcy...beyond that is something that one must be addressing squarely. For example, it one's love with Bitcoin is already interfering with your marital life then it is time to talk to your wife and transfer your BTC to her as soon as possible as she can be a better manager of your holding - just kidding.

@SamReomo, you need to stay awake and live in reality rather than being too delusional and daydreaming. Bitcoin is also just money, a tool that gives us the opportunity to earn more money and of course, when we have a lot of money, we will be happy. But bitcoin is not the only tool for us to make money, hundreds of billionaires out there have made money, have been happy without knowing what bitcoin is. Not to mention not everyone who invests in bitcoin is profitable.

One more thing, how old are you, and how many years have you known bitcoin? And years ago when you didn't know about bitcoin, you were never happy?

I am indeed interested in Bitcoin but at first I was not too obsessed with Bitcoin. It's just that there were times when I thought too much about Bitcoin. Especially when it comes to Bitcoin investment. I browsed and found out more about Bitcoin. But in the end I only consider Bitcoin as a potential and suitable digital asset to be used as a long-term investment. I like the decentralization that bitcoin has but for now I'm honestly focused on wanting to profit in the future.

Being too obsessed with something can sometimes be bad or it can be good. Depends on what things we obsess over. And if it's about Bitcoin obsession then I think it could be a good thing if it encourages someone to learn more about Bitcoin before investing. Or it could be a good thing if eventually he becomes obsessed with learning the system that bitcoin has adopted and starts to become a developer in this regard.

But if someone is obsessed with Bitcoin because they just want to get quick profits. Then it is not good.

I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.

I have seen people obsessed with money and I guess we can put bitcoin obsessed people in that group too, if that is even a thing. Generally speaking the price of Bitcoin in terms of any local fiat currency is way higher to have someone collecting Bitcoin so frequently unless they are rich as anything. But we do have investors having a monthly budget on Bitcoin buying from their salary but it is far from being called an obsession.

If this process is adversely affecting their lives and how they deal with others then only it is a pathological condition. Maybe in future we might have a disease with that name. Not sure if gold saw a similar named malady.

I do think that the majority of us are obsessed with Bitcoin. Who's not obsessed with investments and money? It can be a hobby that one can describe per se. But whatever you think about obsession, this is the kind of obsession that everybody is going to agree with. Because we keep on looking at the charts, at the market and the price of bitcoin from time to time. I don't know who's not doing that but maybe someone who's been far from the market and don't think of it anymore.

There is also this classification which is for sure not going to end up with a good result because someone who's thinking of quick profits, that's not really going to give you the benefit that you'll enjoy in the long run. But if you're a trader and you're for the quick profits, then that's manageable.

It is always difficult to make a profit quickly. People who have lost money on their investments usually behave in this way.

I don't know if we are all Bitcoin addicts, but I am sure we all love Bitcoin. We talk about and follow Bitcoin every day. Some of us are making big investments, some of us are making small investments, enjoying Bitcoin and creating anticipation.

Bitcoin has managed to touch all of our lives in a positive or negative way. I hope that we can accumulate good memories with Bitcoin in the future.

Yea this is a tough one...

Personally if I think about it I probably come across as being obsessed with Bitcoin
by my wife purely based on the fact that I am on the forum a few times every day

But

I dont talk to anyone else or my wife about Bitcoin everyday

I couldnt tell you what the current FIAT value of Bitcoin is, I havent checked it in about 2 weeks
but judging by the forum it hasnt swung massively either side of $30k

I dont get news updates relating to Bitcoin anywhere elae other than the forum

I guess I'm obsessed with the forum???

Well, in my case it's not an obsession, it just occupies a part of my thoughts every day. But where is the line that separates obsession from what is not? For a miner or for an influencer who makes a living from this is it an obsession because it occupies a large part of their day's thoughts?

It reminds me of poker. There are players who make a living from it and don't just play several hours a day. They also have a poker school, a poker YouTube channel and things like that. So, practically what they think about most every day is poker.

I think that spending many hours thinking, talking or writing about bitcoin is not an obsession in a negative sense if you otherwise lead a normal life.

Your kind of obsession is on a positive side, but there are those on the other side of it that can barely control their obsession about a thing making something that was supposed to be a positive one looking negative because they let themself go the extreme.
 Am a BTC enthusiast that place confidence in bitcoin as a technology with much benefits that can help solve financial issues but, lets not deny the reality that everything in life that has a good side also has a negative no matter how little and insignificant the negative might be there are some that are experiencing the negative due to a wrong kind of obsession. When a person is obsess in the right things in the wrong way it makes the right thing to seem wrong.

From the way obsession is defined in the dictionaries, it seems close to hyperfocus because it's something that preoccupied one's mind. Being hyperfocused on something can be useful when it's important to a person and when a person can eventually let go, but obsession is something a bit different. To be honest, I haven't met people who are truly obsessed with Bitcoin negatively, such that it intrudes upon their daily lives and other activities. Of course, that doesn't mean such people exist, and if obsession with anything isn't kept in check, it can become a serious problem.
But as for being objective about Bitcoin, I think there are many people who are overly optimistic, but without being obsessed. They simply hold very strong opinions about Bitcoin, but it doesn't mean that their thoughts about Bitcoin are very time-consuming or that they can't focus on anything else.

As an investor in bitcoin if you are always thinking about it, I wouldn't call that bitcoin obsession because you need to monitor and know more about how your investment is doing especially people that tend to hodli for long. The need to think of various strategy that they can accumulate more bitcoin irrespective of the market price of bitcoin. The fact remains that if you are a business man you will always have about how to make your business grow and look for various means and advice to be successful in that business. Likewise bitcoin, it is where your money is that you mind will always be most times. Bitcoin is an assest and gambling is not,this are two different thing entirely and one can't get addicted to bitcoin and if he does he will be a fucking rich dude because addiction makes you to always put money into something.

First off, lets make one thing very clear: lumping hyperfocus and obsession together is a clear oversight! While hyperfocus denotes an intense concentration on a subject, obsession denotes an unhealthy fixation. The difference isnt just semantics!

Now, on to Bitcoin. You say you havent met people truly obsessed with Bitcoin to the point of it affecting their daily lives. Really? Open your eyes! I've witnessed countless individuals who incessantly check price fluctuations, engage in heated debates at inappropriate times, and prioritize their crypto activities over personal relationships. Such behavior is unhealthy and can have dire consequences for one's mental well-being.

Lastly, strong opinions about Bitcoin? Sure, people have those. But to brush aside the intensity with which some of these individuals hold their beliefs is naive. Its not just about having an opinion; its about the relentless fervor with which they back them up, sometimes at the expense of rationality. Wake up and smell the decentralization!

If someone is obsessed with Bitcoin, is that wrong? And if someone is obsessed with having more Bitcoins by doing many things, what's wrong? I would instead be obsessed with Bitcoin than obsessed with gambling because I know what happens if I become more obsessed with Bitcoin.

I will only be able to have more Bitcoin in various ways. And before I can earn a lot of Bitcoins, maybe I won't stop and will keep trying. And I also don't mind if someone says I'm already addicted to Bitcoin because it's more profitable for me than me doing things that aren't useful.

Besides, I was obsessed with this Bitcoin only for a while until I could collect a lot of Bitcoin. If that's enough, I'll start something else but maybe it's still related to Bitcoin. So it depends on the obsession. If your obsession is wrong and not good, that is also bad.

You are right, having an excessive obsession with an item or an object is indeed very dangerous and this obsession must be eliminated as soon as possible. Because if the obsession is very excessive, it means that it has entered into a mental illness. So, as soon as possible, the feeling of obsession must be treated and immediately eliminated.
But I want to ask you, how about a feeling of obsession that is not too high or not excessive, is it still dangerous or not?
In my personal opinion, it is true that bitcoin can become an obsession for investors or for people who wish to buy and invest in bitcoin. Because, bitcoin is indeed a very tempting asset, especially if you look at the success of other people who have owned bitcoin since the price was still cheap and sold it when the price was already expensive like now. But in my personal opinion, having an obsession with bitcoin too, doesn't always end badly, but the point is we have to know the level of this obsession, whether the obsession is excessive or not. Because if you look at the initial journey of an investor in bitcoin, there must be something called a sense of obsession, more or less there will definitely be in every investor's mind. Because if taken simply, the meaning of the word obsession is a sense of attraction.

So in conclusion, having an obsession with bitcoin, if it's too much it will definitely have a bad impact, because if it's excessive it will definitely disturb the mind. But if the obsession is not excessive, in my opinion the obsession is not a problem, even the obsession (which is not excessive) can be used as a motivation or an encouragement.

Well! we need to consider that everything that is extravagant or extreme is not good and can cause huge problems in the future that's why we have some basic rules when investing in bitcoins we only use the money we can afford to lose because when we used too much and didn't go well, it will be hard to recover back again or sometimes we won't gonna get it back. This is the risk when investing in bitcoins and we should always know that we need to prevent ourselves from taking further steps that take us away from moderation.

That was a lengthy post for saying "Lets discuss on bitcoin obsession". It could have been shorter.

With bitcoin, there can be 2 types of obsession from my perspective which are trading bitcoin and the bitcoin technology.
Getting obsessed with bitcoin trading can have significant impact because over trading can cause huge losses which one should avoid.
Getting obsessed with bitcoin technology has no harm and will give us immense knowledge of the bitcoin technology.

I prefer not to see it as a bitcoin obsession but a bitcoin enthusiast. First, because bitcoin is not overused, but rather it’s properly used as an investment more than a currency. And second, we are not only doing this for the sake of our own greed, but to promote the potentials of bitcoin as well. So perhaps bitcoin enthusiast is way more preferable to use rather than seeing as one’s obsession that anytime could cause mental breakdown.

Obsession isnt really that bad as long you dont find yourself crossing those fine lines when it comes to limitations because its not really that bad on looking yourself to be wary about various informations on which it would really be that helpful on being more knowledgeable which we know the more things we do know the better it would be. About owning Bitcoin then it would really be just that fine as long you arent really that compromising your life savings or emergency funds. Invest on what you can afford to lose and dont have that kind of impulsive on having that all-in investment approach towards it. Always set those limitations and
handling about your finances because if you arent really that good with it then you would definitely be finding yourself in great trouble.

I dont see for Bitcoin trading would be always resulting into huge losses, this is why we are really that thriving to become more better because we are aiming on having that profitable trades.
Losses are inevitable though but doesnt mean that it would really be just like this forever.There would be always that kind of change or progress on making yourself way more better and this is what we are
trying out to achieve on a particular time.So its better not to limit yourself about the potential but of course risks management would be always the key.

Excess of everything is not good for the healthy and the same thing goes for Bitcoin that's why BTC obsession is also not good because it may also cause a breakdown all work no play make Jack a dull boy) or misunderstanding if in a relationship.
It is good to be an enthusiast of Bitcoin there should be a limit to every. I once read that BTC obsession is the reason why the UK create a correction center for some cryptocurrency traders that are having problems with obsession.

At some points I just feel you want to confuse my little brain and at the end you still tagged it addiction🤣
Well I don't know how best to fill in on your thread but there is saying that show me your friends and I will tell you who you are and this saying only applies to your friends who commit crime because being friends will billionaires doesn't make you a millionaire automatically but being friends with an obvious criminal automatically makes you a criminal  as well and what I'm trying to say is that if you want to tag being conscious  of your holdings as addiction, then you're free to do so and not trying to paint it and giving it a more responsible name as obsession.

The truth is that investing in bitcoin  wouldn't be tagged addiction as there are minimal risk involved but trading with bitcoin  can be addictive especially  when chasing losses .

Well if we like about bitcoin then having an obsession with it is not a problem. It can even make us compelled to learn more about bitcoin both technically and obsess about the potential profit in trading. There are two kinds of obsession here. Namely the obsession of being a developer in bitcoin and the obsession of being a bitcoin investor. I personally in this case may be included in the obsession of being a bitcoin investor or bitcoin holder. And this encourages me to also learn more about bitcoin even in terms of the system it adopts (decentralization).

I don't want to put obsession and addiction together. If you are obsessed with gambling it makes you an addict and leads to endless money losses and psychological breakdown. Because an underlying reason for this obsession is the desire and ambition to make excessive money. If your obsession with Bitcoin is based on an excessive desire to make money, I'm sorry to say that you will be in the loser's club. Because Bitcoin's price is highly volatile, many investors get caught up in momentary price changes.

Price fluctuations are normal but a healthier approach is to focus on the technology and its potential use rather than focusing on the price. If your obsession is with Blockchain technology and the Bitcoin philosophy you could be on your way to a life of prosperity in the not too distant future. What you obsess about determines your position.

I think ever before someone even tries to go into any investment, he or she might have done proper research about what he is probably getting his or her hand into so you dont end up regretting. As for the use of Bitcoin as an investment purpose, well it's pretty clear we humans just love wear to get profits from and it's no new thing again about the possible profits one could enquire through Bitcoin investment.

Once called addiction, nothing is good, whether you are addicted to bitcoin or addicted to work is bad. why don't they call you bitcoin enthusiast, passionate about your work but they call you a bitcoin junkie, workaholic and neglecting everything else?  when you are addicted to investing in bitcoin, you will sell all your assets invested in it, you fast, torture yourself just because you want to save to invest bitcoin, so is it good?  you are confusing addiction with passion.

I don't think selling all of your assets and invest in Bitcoin is torturing yourself, Bitcoin is a currency, similar like you has a lot fiat in banks.

In the current modern era, I always hear about work life balance where you're working from nine to five for five days, get paid well and having fun with your wage. But I don't feel happy only work for 5 days to earn a money that will not able to make me become rich, so I choose to use my free time to get a side job. Maybe some people will say it's workaholic and it's not good, but I'm more happy with my current situation, that mean you can't always think people are same like you.

Fiat is an old, useless thing from the past. Bitcoin is the future, and if you dont admit that its better, you're happy to be tied down to old banking systems. History is full of examples of societies that either embraced the new or fell behind. You can choose which side you want to be on in history.

In your rant about work-life balance, dont think that your short-sightedness makes you smart. Taking on a side job in your spare time? So, that's how you plan to avoid being average? While the sheep work their boring 9-to-5 jobs, you and people like you are just playing the same game in a slightly different way. Open your eyes; the grid is very big. If you keep looking through such a narrow lens, you wont be able to see the full range of possibilities. Just remember that other people have been where you are and seen the bigger picture.

If being obsessed with money is wrong then everyone in this world is wrong which is enough to prove that there is nothing wrong with being obsessed in making more money but what matters is how they make it. If they are making it via illegal ways by means of law then the person has to face the consequences of it but please can we get rid of comparing bitcoin with gambling and addiction cause it isn't a fair comparison at all?

So let's say being obsessed with Bitcoin is fine until the person is not doing any harm to them physically and mentally like not watching the price charts 24/7 which will make them anxious and further problems financially and health related. It's not bad as long as they are making it within legal and ethical boundaries, and one doesn't neglect other important aspects of life in the process.

I’ve been involved with bitcoin close to a decade and I’ve met my fair share of people who are obsessed with it. But in the last decade I think the biggest obsession was that family who sold their house and all possessions and bought Bitcoin with it and were going to live in a RV or some camp.

This was in 2015 or so and I think they paid during the end of the bull market. So they must of endured some pain but if they held they would of been multi millionaires. If anyone know which family I am talking about and you know the outcome let me know. Wondering how they made it out.

Obsession is different from necessity. Ofcourse everyone has the drive to earn money but it would be another story if we would talk about obsession. Obsession means you'd do something no matter what circumstances you would face or encounter. On the other hand, it won't also be a good thing to be obsessed with Bitcoin. It is okay to have investments into it but diversification will still be more advisable. Bitcoin indeed has a higher market price volatility but that won't guarantee big profit already 'coz in line with its volatility issues, are instances wherein the market price would fall. Gambling addiction indeed is different with Bitcoin investment but both has risk, so you decide where to engage yourself with.

You are right, there is a difference between obsession and necessity.  Investing in Bitcoin can be an interesting choice, but it is important to consider diversification to mitigate the risks associated with its volatility.  Addiction to gambling and investing carries risks, so consider your financial decisions carefully.

Take note of the word obsession.  Like money is ok, loving money is ok but being obsessed with money is definitely not ok.  I think we need to pay attention to the word attached to how a person look at a thing.  This time it is an obsession, and we all know that obsession (those who know the meaning of obsession) is not a good thing unless a person does not know what obsession means.


Here is a medical article (https://psychcentral.com/ocd/psychology-of-obsessions) about obsession, this might be a good read, while others give informative positive facts about obsession, but the word obsession itself is negative.  Being motivated and having passion is very different from obsession.

Are you using bitcoin for your daily expenses? Or are you still using fiat, so how can you call bitcoin a currency?  tell me, other than bitcoin, is there any other highly volatile currency that can lose 10% in 1 hour like what happened in the last few days? Please let me know.  when you use bitcoin to pay your daily bills, and you have completely eliminated fiat from your life, I will believe bitcoin is currency.

And do you see me complaining about taking more jobs to get rich?  what I am trying to say is that I want to distinguish between addiction and passion because many people are still thinking that addiction is good.  if addiction is good, why is it always associated with social evils when we have the word "passion" to describe positive behaviors?

A lot of people, specifically newbies, don't do any research before making their first investments in cryptocurrencies, they might hear someone praising a certain cryptocurrency, talking about how much profit it can provide in such a short period of time, what kind of benefits it provides to its users, how much interest one can get for holding a certain amount of tokens, etc. All these are said for certain altcoins and newbies start investing without any proper research.

A very large number of investors lose money just because someone in one side of the world has misused the name of blockchain and cryptocurrencies and created a platform to fool newbies promising them good returns on their investments and a lot of benefits while running away with their money at the end.

Don't take things too far, and talking about money/bitcoin is not the same with OCD so let's be realistic. Everyone wants money and matter how much they have whether he is middle class or the richest person on this planet it's rare to see someone say okay I made enough money now I am going to spend time with others.

obsession-a person or thing that you think about too much.

That is why I said it is okay if they are interested/obsessed with making money as long as they lead a balanced life.

Been obsessed with Bitcoin or any other investment isn't a good thing, obsession will make you invest more than you can lose and that isn't a good investment decision because it'll make you uncomfortable when the market isn't moving in the direction that you thought before making that investment like when you invest thinking the market will pump but it dumps. Obsession is mostly associated with negative things that can lead to addiction which isn't good.

Don't get obsessed with Bitcoin investment, invest with the understanding that the market is volatile and unpredictable, some individual sell everything they have to buy Bitcoin and this make them uncomfortable when the market is dumping and they won't have patience to hold.

It becomes an obsession for many and trading has that effect on people. However as long as it is not posing a problem for yourself your family and your work it is fine. For example, if a trader is worrying too much about bitcoin prices and checking the prices every few hours then it is a problem and they may need to stop trading. I can see that this term is more applicable to new entrant traders specially in the day trading segment. Seasoned traders have worked over the obsession.

I see most of the obsession coming from the trading point of view, I guess the tech dont matter to anyone? ;D

Actually the tech does matter equally as does the trading aspect, just that obsession in the tech is not as prevalence as it is in  trading and that's attributed to the crowded number of cryptocurrency adopters two-thirds been mostly interested in trading.

Let's take the forum for instance, how many members do you see bump discussions topics in the technical boards of the forum like it's done in the other boards like trading discussion, beginners and help, bitcoin discussion etc. So the higher the number the higher the obsession effect is notice and importantly discussed, but that doesn't make the tech aspect of crypto not worthy of discussion regarding obsession.

Bitcoin can change lives so yes I am willing to get obsessed with Bitcoin adoption, I know what I can do and I know when I am going over my boundary, too much of everything is bad but Bitcoin adoption is something I am willing to deep dive into and keep accumulating.

Is constant accumulation an obsession?

Because you can't keep accumulating Bitcoin if you don't love doing so, we accumulate because we know how valuable Bitcoin can be and it's something I enjoy doing.

I don't see myself landing in any kind of trouble because I am accumulating Bitcoin unless I go out and steal to buy more Bitcoin which is offensive.

In my opinion, if we still know the limits we can apply according to our financial conditions to accumulate Bitcoin, it does not constitute an obsession with Bitcoin.
I think it's more normal, everyone must do as you say. Because obsession, as I understand it has a more negative meaning and is a mental disorder that occurs in someone which involves something they really like and has a negative impact on them.
In my opinion, someone who experiences an obsession with Bitcoin usually goes too far and doesn't understand their limits in their efforts to collect Bitcoin and that will result in changes in behavior and cause negative emotional disturbances in them.

Obsession by itself is not wrong, it is what you decide to do with it what it could tip the scales on one direction or another, for example it should be obvious that almost all the great minds that have lived and which made huge discoveries and formulated new theories were obsessed with their particular topic of interest, but since the outcomes of that obsession were positive for themselves and others no one can find fault on their obsession, and if anything we are happy they had it.

If you ask me, I did say that there is nothing like Bitcoin obsession, Bitcoin is not addictive based on my own personal experience, at least, I have been in this space since 2016 and if bitcoin was addictive, I did be one of those that would have been very addicted or obsessed in bitcoin by now, so bitcoin is not addictive the same way gambling is, I think this is because of the fact that investing in bitcoin is not same as gambling.

People gamble because it is one of the quickest ways to make money for those that are lucky, since you are able to see the return on your investment in just a couple of seconds after clicking a button, and for sports betting, you just have to wait a few minutes of hours depending on when you placed your bet.
But when it comes to investing in bitcoin, its completely a different ball game, as you will have to wait several hours, days weeks, months and even years to find out what your return on investment is, this give no room of any kind to be addicted or obsessed in bitcoin.

I think bitcoin obsession is not bad as long as we continue to benefit from investing in btc, I think most people become obsessed (addicted or like) with bitcoin because they have experienced the benefits that can be obtained from investing in btc. sometimes at first our become obsessed with btc because our see other people who are lucky because they invest in btc. until finally learning about btc and successfully investing in btc and getting profits and finally becoming obsessed with btc.

Bitcoin has been around for a decade, Bitcoin has managed to become a popular investment choice for many people around the world in just a short time. The wider popularity of Bitcoin makes many people very obsessed with Bitcoin (Obsessive Bitcoin movement). People who are obsessed with Bitcoin will always take the time to check prices, news, and stop by cryptocurrency-related forums such as the Forum Bitcointalk.

The more people who are obsessed with Bitcoin the better for the future development of Bitcoin, their interest in Bitcoin can help increase the price and popularity of Bitcoin. People will take advantage of technological developments looking for new ways to invest and save their money. Gold is commonly used and is the choice for investors who are looking for security because it is not as susceptible to inflation as the dollar. Bitcoin can offer some advantages over gold, they think Bitcoin can be a safe haven and potentially offer multiple returns.

In line with what you have said we can streamline it through the likes of the American born inventor Thomas Edison whose obsession about electricity led to the invention of light bulb which is now in use in all parts of the world, and no one cares or talks about his obsession as being bad all because it provided a positive outcome. Same thing with those obsessed with bitcoin if their obsession produces a positive result to the advancement of bitcoin people will be clement about it.

Well obsession is just kinda the tame way to say addicted like being too desperate on something. I had never heard of people still being "addicted" with Bitcoin, but I kinda imagine that it is kinda scary being too addicted into something that you have no absolutely control with.

I can't imagine myself being addicted with Bitcoin though. It's just another coin that I could use and invest without the involvement of third party.

Well, the main reason why people get easily addicted is because of money and profitability. Same with gambling, people won’t be attached to it if not they are motivated to make money. However, with bitcoin, it’s a different scenario. I don’t think people may become obsessed with bitcoin because as far as I know, a lot of people lose huge amount from bitcoin especially those who invest without prior knowledge, and only few have been noted that are making big in bitcoin.

Thinking about possible big profits is already a way for people to think about bitcoin. We can also read up some success stories about people getting rich on their investment that's why some other people think about they can easily do the same and think about bitcoin on whatever they do. Losing maybe part of the process but for sure if they are consistent reading some helpful information for sure their obsession to bitcoin will result good output to them.

Even though your explanation is too convoluted, there is a gist that I can understand about this. It is in seeing other people who benefit through Bitcoin investment, so that it can be an encouragement for us to like Bitcoin and try to continue to be obsessed with Bitcoin. And finally we also want to try investing in Bitcoin with all the abilities we have now, but apart from the obsession that is born it is based on the profits obtained by other people. Over time, we must also have another obsession to continue to study things related to Bitcoin so that our power to like Bitcoin can be even greater in the future.

I don't think I have met anyone who is obsessed to Bitcoin, some enthusiast sure, I know a lot of them, but they still have other hobbies, or other things that they like to talk about. For me being obsessed to Bitcoin, meaning that that person will only talked about bitcoin everyday, and that's kinda annoying, I wouldn't want to meet with such people.
I mean I like Bitcoin I like learning about it, but not like I always talk about it all day long.

The "Obsessive Bitcoin movement," is real and getting stronger. Many doubters call this preoccupation irrational euphoria, but it provides Bitcoin its value and applications. Gold has always been the finest inflation hedge. Bitcoin leverages impenetrable blockchain technology, whereas gold relies on physical possession and old company procedures.

Compare the actual gold bar to the digital Bitcoin. Value can be stored both ways. But moving gold requires vaults and guarded cars, while moving Bitcoin only requires an internet connection and a digital wallet. Hard to believe how well things operate. Thus, the problem isnt simply possible returns but also a major shift in how we value and store data.

Bitcointalk does help Bitcoin-related technologies evolve quickly. Bitcoin is becoming a superior money-saving choice due to all this acclaim. Traditionalists clearly feel out of place with Bitcoin. Maybe their cynicism makes them forget that every transformation begins with a movement, compulsive or not.

The obsession depends on the person's mind.
And if the obsession is too much, then it is wrong, because excessive obsession is like infatuation or addiction and the person's mind is too focused on the one thing that is obsessed.
And excessive obsession with Bitcoin is very wrong, because all you can think about is big profits or wanting to get rich quickly from Bitcoin, and that is not recommended. Because if it doesn't match expectations, it will make him very disappointed and even hate him, besides that, excessive obsession can make people get out of control. Such as buying Bitcoin using important or necessary money, and always checking Bitcoin movements at all times and becoming emotional when Bitcoin prices tend to fall, and so on.

And if the obsession is not excessive. This can generate greater motivation and make us achieve something we have never achieved before, but of course it must be accompanied by strong self-control so that we know when to put the brakes on this obsession. So that we are not too disappointed if it is not as expected, and if it is related to Bticoin.
Maybe the person is doing it casually, like buying it with extra money or with what they can afford to lose, and also not watching the movement of Bitcoin very often. And I think it tends to happen more often to those who run a long-term method or strategy in their own way, and have good knowledge and learn from mistakes from experience. And if all my opinion is wrong, I hope someone corrects it, because it is my opinion and spontaneous. ;D

That's actually good if they are aiming for profits since they have a goal, maybe those "Bitcoin obsessed" is applicable for those people who would literally sacrifice everything just to invest or hodl Bitcoin for their own good. Like their health since they are all day reading information as well checking the market, analysis which affects their healthy lifestyle. And if you've been here in the forum for sure you have read that some would literally take a loan or sell their property just to invest for BTC which I think it's not good, I always side in the term "invest what you afford to lose" cause it will just worsen your situation when your plan did not work out cause Bitcoin is still volatile which is unpredictable.

Yes, seeing other people succeed in investing in BTC can indeed be an encouragement for us so that we too must be able to gain profits from investing in BTC and we must even be able to gain more profits than other people. and usually when you get a profit then I think we will become more obsessed. but in this case it is certainly not wrong if we are obsessed with BTC as long as we continue to get profits from investing in BTC, and with our obsession with BTC we will also be more active in studying knowledge about BTC.

Obsession is like an excessive craving or yearning for something. I can only of something which can be called as Bitcoin obsession is when someone actually quit what he had been doing to earn or create money because of bitcoin. I have heard some people around here about quitting their jobs to focus on bitcoin or crypto trading or anything involving bitcoin. There was even a story about someone who immediately resigned after earning 10x of his salary from the P2E games.
Obsessions may give you negative outcome more than a positive one, simply because everything in excess is not good.
Could be applicable with bitcoin too.

I think not everything can be equated with obsession, if a person is trying his best and we call it obsession. Whatever business or work we do, we try to do it well. In work or business, most people try to work harder to earn More profit, and grow your business. Maybe that's why he's working hard and we're feeling this obsession .


Similarly, Bitcoin is also an investment where the harder you work, the more and better returns you will get. Obsession is wrong if it is too much but we should also look at what he is obsessed with. Bitcoin is not a shortcut way to get rich, but it is not meant to be ignorant of Bitcoin information, its price, analysis and market drops on a daily basis. If one wants to invest in Bitcoin, he has to watch the fluctuations in the price of Bitcoin on a daily basis,because whenever the market falls, the price of Bitcoin will be lower and you will get a chance to buy at a good price and get good profit for the future. So I think it can't be called obsession but it is our hard work and best strategy for future.

If we may also consider it this way that indirectly almost everyone of us is being obsessed by bitcoin, why i say so is because we all make use of bitcoin related activities such as performing transactions and other things they do daily that includes the use of bitcoin, which means if you're for instance a bitcoin trader, there's no how you could do in a day without coming across bitcoin or anything that has to do with it everyday, this is an obsession on it own but not addiction.

Well, it depends. Is it really an obsession or fascination? Is it a bad obsession or not? Personally, I view obsession to be bad when someone is willing to give up everything they have and do everything just to have it. For example, there are people who love Bitcoin so much that they quit their jobs and get rid of their other investments to focus all of their time on Bitcoin, and when they are losing so much of their money they will even go as far as selling their properties and even loaning. I see this type of obsession as bad because it is causing tenfolds of negative effects on that person and they cannot even see and comprehend that as they are solely focused on their love for Bitcoin. On the other hand, a good obsession can be loving Bitcoin so much that they push themselves to be really good at handling Bitcoin and making their Bitcoin investment grow, they also surround themselves with people who are into Bitcoin and share knowledge and tips about it without sacrificing their job and another source of income with the mindset that if they have more source of income they will can use it to let their Bitcoin investment grow.

This is just of course my personal take on this. I am sure interested to know what others view it as.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

But I differ to that by saying it does a lot have much to do with people's interest with bitcoin. What drives bitcoiners interest to want to learn more and more about things and concept's relating to bitcoin is induced by a bit of an obsession in them about bitcoin. Obsession is all about wanting to know more, do more, the only time an obsession is bad is when it's taking beyond logical reasoning towards that which the obsession is directed to, but when done within the controlled parameters it does produce positive outcome. Obsession is dangerous only when moderation isn't applied.

Seriously,  it's really hard to talk about obsession as obsession could take different form or levels in an individual.  The level or degree of obsession in someone is based on how individuals tries to handle or manage it

Obsession, by definition, is already contrary to moderation. It is impossible to be moderately obsessed. What you are describing is more like an aspiration, a focus, but not an obsession. Obsession knows no limits, and its danger is that a person loses interest in other things, fixating solely on the subject of obsession.

I believe when we are firstly introduced to Bitcoin it's normal we develop a kind of temporary obsession for it, as it happens with everything new which is introduced to us and we like very much. It can be a videogame, a TV program or Youtube channel, a food, a person you fall in love... I remember when I started dealing with BTC I got quite addicted or obsessed to it.

I couldn't stop thinking about BTC faucets and about finding new methods of collecting more satoshis. Right now, I think about those moments with a lot of nostalgia. So, I think it wasn't a bad obsession at all...

Well I didn't have that kind of obsession, but more like I was kinda curious to it even more and I find the certain topic really interesting. It's not really an obsession that would occupy my mind and keep me away from sleep. At the end of the day, Bitcoin is a software written by someone who we wouldn't even need to talk about.

I can still recall starting out with BTC faucet. I was kinda curious on if they were legitimate and at the end of the day, it was kinda exhausting to do those kinds of things unless they had some promo or like a bonus stuff that would surely make the users get hooked to it.

I think the bad thing about obsession is that we put aside our common sense so that we have high expectations so that we have high shadows too, and it will be dangerous if in the end it does not match the reality so that it will become a psychological burden that can damage ourselves, obsessed with something like bitcoin is fine, as long as we also want to learn to deepen knowledge about bitcoin so we can think realistically

Talking about losing sleep, I remember there was a faucet website which was pretty complete and had different features. One of them was called "satoshi generator". It produced a determined amount of satoshis every minute, but it had a maximum storage capacity. If you didn't gather the generated satoshis before they reached maximum capacity, they stopped producing more.

And capacity was full every 4 hours or so, then I wake up from bed every 3 hours and some minutes to not lose any minute of satoshis production. Those were good times... Inevitably, the platform didn't last for too long, because rewards were really good becoming unsustainable on long term.

There are some people who have a constant flow of money; either they are working and receiving a huge salary or they are doing business and making steadily increasing profits. Such a person can have a huge amount of money because their income is very steady and consistent, and if such a person is obsessed with Bitcoin, they can put any amount of money into Bitcoin at any time they want to invest as long as the money will not affect their budgets because before any of their personal needs arise, they have already made money to solve their need. By so doing, they will not need to sell their Bitcoin investment so quickly any time they have pressing needs, but for some people who are only earning a small amount of money from their job or business, if they decide to invest in Bitcoin more than their budget, they will still end up regretting their actions, and in some cases, they can sell some of those Bitcoin in order to solve their needs. It's just like gambling: if you don't plan your budget, you might end up spending all the money you had on gambling, and after that, you will begin to regret your actions. If you want to invest in Bitcoin, invest wisely in relation to your budget.

I agree that profit is the reason why people can easily get obsessed with bitcoin but I don't see much people being so addicted with bitcoin because it will only take people who are financially stable to be able to be addicted to bitcoin because they have regular flow of money but it is easy for so many people to be obsessed but not addicted to bitcoin. And for further details, people can be obsessed with bitcoin even when they are not Investors, they think about bitcoin like nothing else and they read the news to be updated but yet has no investment because of lack of funds but no one will be addicted to any thing when they are not directly involved in the thing, obsession is far better than addiction like most of us who are directly and indirectly involved in bitcoin investment are obsessed with bitcoin already because it has become a routine to some who can't stay without looking out their investment so go as far as finding out if there are need to invest more regardless of the price.

Contrary by definition to moderation you mean "not normal", but that's a narrow definition you hold of obsession in this regard, maybe as it suits the topic of discuss.

If we're to look deep into obsession it's an ambiguous word, meaning it's associated with multiple meanings such as attraction, fascination, fancy, enthusiasm etc.

 if a bitcoiner is said to have any of these aforementioned does it make them abnormal ? Or are those words contrary to moderation that somebody can't be moderately enthusiast or fascinated about bitcoin?   So from my very point of view I don't see how obsession can't be moderated.

I feel like your case is different because you wanted to take advantage as much as you could of something that you knew sooner or later was going to end, nothing wrong with that, many other people probably would have done the same. Is it healthy? Probably in the long run, no, but for a while it's sustainable, probably I would have done the same.

In my view, if someone is obsessed with Bitcoin for its positive aspects, it shouldn't pose a significant concern. However, when someone becomes obsessed with Bitcoin as an alternative means for nefarious purposes, that becomes a substantial issue. Because when one becomes fixated on something, their brain becomes more precise in making significant decisions.

I would never oppose anyone who is obsessed with Bitcoin and acts objectively. Fundamentally, Bitcoin is a digital asset that holds positive utility for all those who can harness it correctly. Someone who constantly contemplates Bitcoin in their life should ideally have the opportunity to grow alongside Bitcoin in a more meaningful way.

Obsession will always be associated with a negative effect on one’s life. But if you are trying to point out about bitcoin obsession, well probably it’s quite safer to say that it’s better to become obsessed with bitcoin investment than to never have bitcoin at all. However, if you are obsessed with gambling using bitcoin, gambling addiction itself will always be unhealthy so I think that will never be a good decision. I would rather be obsessed with bitcoin investment than to take risk in uncontrolled gambling addiction.

It’s a spectacular view on the subject, talking about the degrees to which one might out weight the other but then, I would as well like to view that one leads to the other and that’ll be, obsession leading to addiction. This makes addiction the final product of an uncontrolled or tamed obsession. That’s to say, obsession could be controlled or stopped before it grows into something more difficult to handle. It’s just a likable situation and that’s okay.

Looking at crypto enthusiasts towards bitcoin, I’m not sure obsession really comes in as, there is hardly anyone that would have there all invested in bitcoin. The percentage of any wouldn’t be far from 10 and below of crypto investors. It’s good that as you see all the goods you can archive with bitcoin, you don to terms with the fact that, it still ain’t the ultimate and there are other fields of human endeavors that have got potentials too.

Much obsession with something even if it's something that's good can also lead to an unhealthy situation. We all know water helps with digestion but if consumed more than needed it will make the body unhealthy.
The obsession of some Bitcoin enthusiasts is the reason why we have in the UK a hospital launched to serve as a rehab program for Bitcoin addiction years ago.
Therefore, I don't see BTC obsession as a good thing cause it has affected some relationships and it's good to minimize the level of the obsession.

I don't think obsession are good for any individual because obsession are always associated with the negative effect like you said and having a negative effect towards Bitcoin would be bad for any investors because it can lead you to invest more than you'll be willing to lose and this will put you under pressure that can cause you to be panicking when the market is testing a resistance level which could make you to sell your investment prematurely.

We should always have a positive effects from investing in Bitcoin and that's why we don't have to be obsessed with bitcoin but invest just in the right manner which has to do with using only our spare money to buy Bitcoin so we can hold our investment with piece of mind.

Bitcoin obsession is actually not bad at all. For me, I would say it’s an edge over the others since you want to grab all the opportunities around that will make you highly profitable with bitcoin. But if what you mean is you will use your bitcoin obsession to promote gambling or engage in some scam activities so you can attract others to also invest in bitcoin, for me that’s always unacceptable. Your obsession is making yourself highly beneficial while you are putting some lives at a high risk of losing.

There are a fine line that separate obsession and passion, although the dictionary may say that they are synonym, there is a characteristic that differs an obsession to passion because in medical terms, obsession is always accompanied by negative things, it is more like an addiction since obsession to something is like losing control of the mind's rationality while passion is accompanied by positive things since rationality is still intact there and is at an optimum functionality in order to give a person a positive result.

So I guess if we are talking about positive results in Bitcoin involvement, passion should have been used since obsession as I stated is almost the same as addiction where the uncontrol urge to accumulate Bitcoin is in hand.

I think that those of us who spend a lot of time on the forum, and/or do other activities related to bitcoin, are not obsessed, as the concept has a negative connotation, but it does take up a lot of time in our thoughts. As long as it doesn't lead to forgetting or neglecting other tasks, I don't see a problem. It is like a workaholic who has a job that he is passionate about, and also makes him money. As said, as long as it doesn't lead to neglecting other parts of your life, it's not a bad thing, it's a good thing.

Well, what do you care about those people who have various illusions about crypto? I personally absolutely don’t care about such processes. The time will come and show that you don’t need to hope for something too much. Everything should be in moderation. Approach many issues with a cool head and without unnecessary emotionality. In this case, there will be no mistakes or disappointments. Naturally, not everyone understands this, but life will put everything in its place.
I went through this myself and it took me several years to realize and understand. Others must go through this too.

I tried adding a little. Apart from the discussion above regarding obsession with something, for example Bitcoin investment as another investment opportunity in the world of digital currency which is profitable and of course has a high level of risk too, now the way to minimize this must be a good understanding of Bitcoin which in the end can provide profits finances are not trial and error in the end.

Well, if combined with current market conditions, perhaps many people are more inclined to understand market dynamics to achieve greater profits, especially as corrections are still ongoing today by continuing to buy even though there is a DCA installment method or all in buying at the same time. So. The most important thing is to maintain a balance between obsession and deep understanding, and apply wise actions in pursuing obsession, combine obsession with reason, don't use lust with the desire to get rich quickly and indeed the direction in the end is all profit.

Call me crazy but the way I think is different from many others, there is good obsession and bad obsession, you can be obsessed with something that will take your life and you can be obsessed with something that will build your life.

Addiction to investment is better than Addiction to lust, you can lose money and you can make money, but with lust you can lose your life, lots of infections here and there, you can end up with HIV and STDs.

Addiction to Bitcoin investment is also different from addiction to gambling, my advice is to know what you will get addicted to, I always watch myself carefully with gambling because I don't want to get addicted to it, but it's not the same with Bitcoin addiction.

Bitcoin is more reliable than gambling, one is more risky and damaging than the other, Choose wisely.

You won't earn anything by being obsessed. It has never led to anything good, but everything happens exactly the opposite. This is shown by numerous examples throughout human history.
If you engage in investing and trading, you need different qualities. For example, analytical work. I can say that this scares many people away. There's nothing you can do about it. Consequently, then there is no need to engage in these processes, but to find another occupation.

Ca you provide some definitions of obsession you use when talking about meanings such as attraction, enthusiasm etc. Because for me those words have different meaning. And mixing them could lead to misunderstandings. I don`t say that 'not normal' is the only way I describe it. I know that definition of obsession os not that narrow, however, i don`t see fascination and attractions within its frames.

That's actually a good point, but addiction is addiction it might sounds good since in Bitcoin you could profit and earn money but for sure being addicted to it will cost something in your life like your health, you are way too focused in BTC that you forgot to eat, rest and exercise things like that.

Due to being addicted to it losing some money and doesn't have funds to invest would lead to selling properties or loan so when worse case scenario happened, it would eventually lead to lose of life like suicide. I think you're preferring about it as a hobby but don't call it as an addiction because there would be a negative side effect

Bitcoin might have some advantages over gold but it also has some disadvantages. Most of these are related to their value and volatility. We all know how volatile Bitcoin is and it can always go up and down significantly in very short periods of time. So, the advantage of Bitcoin is that it goes up very quickly compared to gold and the disadvantage is that it also drops in value very quickly where the price of gold usually just keeps going up slowly over time.

The reason behind the obsession of people with Bitcoin is basically because of its ability to go up significantly during bull runs which provides great returns on investments. I know there are some people who started using Bitcoin not just because of its price but because of the technology but those numbers are pretty low.

Addiction to good things, especially those things that are promising or profitable is not bad at all, only that people view addiction in the negative aspect which makes them generalize it as bad. Talking about addiction in relation to your advice, there is nothing much it will do to health and general well-being. I can speak in that capacity because I've been addicted to trading for almost 2 decades now, but it has not affected any aspect of my life since it's profitable. This could be technically argued to be hard work in some spheres as well, and once you love doing it and you consistently see positive results and hope, you will rather enjoy it than affecting you whatsoever.

An obsession doesn't always need to be negative. The actual definition of an obsession is a thought or an idea that continually intrudes or preoccupies one's mind, and it doesn't have to be a negative thought or a negative thing as long as we are not acting negatively because of it. You are right that as long it isn't disturbing other things that we do in our lives, there is nothing wrong with having an obsession about something that you like or admire or want to have.

I believe Bitcoin obsession is a good thing because it will make you strive to get more and more over time and that is a financially positive thing for you if you actually succeed in gaining more Bitcoins over time because of your obsession with Bitcoin, and it obviously won't disturb other things in your life.

You need to distinguish between addiction and passion, why doesn't anyone call it drug passion or gambling passion? Calling it addiction means it will always be accompanied by bad and negative things, but if you want to praise someone, you should use the word passion. When you describe someone with words associated with addiction, no one will judge that person as a good person. Addiction is never good, whether it's investing or anything in this world.

An "obsession" is neither good nor evil. How people utilize it gives it a negative reputation. Many are drawn to Bitcoin's magnetic attraction, proving your thesis. Many are affected, from coders to economists. Its decentralized and can cause trouble, so some individuals are interested in it. This desire can definitely push someone to get more of the crypto and profit from its rising value. Its still crucial to emphasize healthy passion. Experienced Bitcoin fans have a balanced existence. Howevr, hoarding is not the only issue.

I would think twice before using the forum board post metrics as a measure of what is people obsessing over and what not.

The number of technical people in this forum is handful while the number of general posters are immense.

Not everyone here has a background of programming and most of them are here to utilize bitcoin as a mode of payment or for trading. But this does not mean that the people who post in discussions are obsessed with bitcoin, they are often posting because of the signature campaigns they get into. People are obsessed with gambling and trading but I dont think the term is so much applicable to bitcoin in a core aspect.

Still, obsession in medical terms is negative because they took obsession as addiction.  There is a positve way to state interest and liking to Bitcoin in a higher degree and that is passion. just as you stated in the latter part of your reply.




Not because they are participating heavily on the discussion, they are obsessed with it.  It is highly possible that technical discussion is very limited to its technical state, one question can be fully answered by 1 reply.  Unlike the other board you stated where answer can be in different form of spectrum since it is more on the person's insight and not on technical terms.