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Author Topic: IS CRYPTO TRADING ADDICTION?  (Read 2585 times)
Zero1One0
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January 04, 2018, 04:53:57 AM
 #101

If you are constantly checking your blockfolio, using multiple exchanges, hanging out in bitcointalk, telegram or slack and basically crypto is your life.. then you are sick.

Sick with "Cryptosis"  Grin Grin Grin

There's no known cure for it.  Cry Cry Cry

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Blas
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January 04, 2018, 04:58:29 AM
 #102

Yes, it is addiction and pretty big one in my opinion. It is not like gambling on roulette table for example, but you still have the trill and checking and rechecking what is going on every minute. Making plans for events that may not ever occur. And it is occupying your mind all the time Smiley
Boi qaaf
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January 04, 2018, 12:41:26 PM
 #103

I don't think you can get addicted to crypto, but you can get addicted to trading, and that is bad. Never ever invest more than you can lose!

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dhka
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January 04, 2018, 01:18:12 PM
 #104

How could you say trading is an addiction? Trading is a work, you need to work, to research to make money there. Its definitely not a place to gamble, even though you could. But based on your info which someone is suicidal because of losing in trading, it looks like that guy is a complete dumbfck. He was using all money he got because of FOMO I suppose. Panic buying and panic selling is surely two things to avoid by newbie

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January 04, 2018, 08:31:43 PM
 #105

Personally, I'm very interested in almost all the new technologies, so I'm crypto addictive. But this is not heroin of course.  Grin

ZhyravlikO
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January 04, 2018, 08:43:58 PM
 #106

As far as I can judge, having an idea of ​​the essence of human psychology thanks to one of its formations, a person is either weak in his emotions or strong.  Weak in spirit drop their hands and with a lesser problem.  Strong are able to survive in any conditions.  For me, crypto is one of the ways to replenish the family budget well and only.  And understanding that this is not a panacea for lack of money, but only an opportunity to earn, I will never get killed if this source of income disappears.  The world is full of opportunities, but weaklings are everywhere.

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Fu.Sin
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January 04, 2018, 08:59:06 PM
 #107

use your logic when trading.
do not use your emotions otherwise you will not be able to control yourself. that's where there can be addictions that you can not control again and you can be crazy because of it.

And you try. And come to Moscow. You'll see that bears and balalaika wander through the streets and everyone goes drunk in an embrace with bears. And to that guy, probably came squirrel and offered to jump out with her from the window, and the guy was not so adroit. Maybe not a Muscovite at all, but some kind of foreigner who does not know how to drink. And in general, a new year in the yard. How not to drink?

cryptopiper
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January 04, 2018, 09:27:30 PM
 #108

That's really sad, but I don't think it is an addiction.

Maybe the guy had put too much of his savings into crypto and lost too much. Either way don't throw more than you can with any investments!
danny-19
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January 04, 2018, 09:57:15 PM
 #109

I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?  

I believe it is possible to get addicted to anything, especially if you're predisposed to an addictive behavior.
I've heard similar stories about people shooting out their brains in Las Vegas casinos.

And crypto trading sometimes does remind me of a casino. 3-months old projects getting insane amounts of money is not normal at all. People invest their money carelessly, craving to get instant profit - the faster the better, and not thinking about the future. We're blowing a bubble and when it's going to burst a lot of people gonna lose everything they have.
d0r10n
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January 04, 2018, 10:05:06 PM
 #110

Looking at the prices of anything you are invested in, stocks or crypto or whatever, will release a ton of dopamine when they spike, so yes trading can be addictive. It affects different people in different ways though depending on their predisposition.

Yeah I agree with you, pretty sure every person enjoys thst dopamine hit when they see their coins rise, I know I do. I think I might be a little addicted to that aspect caus I check my portfolio 10 to 20 times a day, I also do it when im bored. Mind you i am a long term holder and don't day or short term trade,if I did do that I'd be too consumed by it all i think

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Qrivium
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January 04, 2018, 10:06:38 PM
 #111

It can be especially when you first wake up and your internet seems so slow
CryptoBeefy
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January 04, 2018, 10:09:05 PM
 #112

Absolutely is can be an addiction. If you find yourself constantly reading posts, commenting on posts, buying and selling and of course checking prices 12,537 times before midday, then i'd say you're addicted Smiley

Jafri101
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January 04, 2018, 10:13:26 PM
 #113

Yes it really is.. I have been in this addiction and lost all of my crypto in trading alts. May be i am not a good trader but i just keep myself away now from trading.

PROdotBITCOIN
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January 04, 2018, 10:28:21 PM
 #114

People love money. And if they get money easily, then they have a dependency. Many newcomers think that it is easy to make profit from crypto currency and they have a passion and dependence

cryptomato
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January 04, 2018, 10:42:19 PM
 #115

Yes, it is addiction and pretty big one in my opinion. It is not like gambling on roulette table for example, but you still have the trill and checking and rechecking what is going on every minute. Making plans for events that may not ever occur. And it is occupying your mind all the time Smiley

My opinion is the same. It is very big addiction. You cannot consantrate on any other things. You keep on checking your mobile phone or computer to see what is going on the market. what is the current price. it is  too bad lol
onpages
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January 05, 2018, 12:01:49 AM
 #116

I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto? 
Wowww i'm so sad to hear that ..
I personally admit that the world of crypto is very fun and makes us have many advantages and addictions are very felt by me.
but on the one hand we must always be aware that money is not everything so we will not fall into that kind of thing.
.
karma_project
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January 05, 2018, 12:07:10 AM
 #117

Yes, I can not live a day without trading. Sometimes I just need to look at the coins and make a small purchase. But most often I sit up late at night and trade coins. I'm really sick  Cry

Ucy
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January 05, 2018, 12:12:49 AM
 #118

He probably had a mental breakdown and not Addiction. Addiction is a different thing entirely.
 I wonder why you think  trading may cause addiction to people...  Good traders need skills, patience and hardwork to consistently make successful trades. Maybe it is addictive to people who trade random altcoins and get lucky sometimes.


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bitcoinbox
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January 05, 2018, 12:24:59 AM
 #119

Sure some people get addicted to crypto. But I think the real addiction is not crypto itself but making money and/or losing money. It is probably very similar with gambling.
That's why we have to learn to not be emotionally impacted when we invest or trade cryptos.
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January 05, 2018, 12:58:24 AM
 #120

Yes its addicting to trade crypto , its when a person earns much money from it. And its like gambling to trade crpytos , most people do this over and over again until they had much profits to gain. The more profits in trading makes people addicted to it , they do it again and again. And most people getting rich in trading crypto.

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