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Author Topic: IS CRYPTO TRADING ADDICTION?  (Read 2498 times)
Miner manc
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February 26, 2018, 01:07:59 PM
 #461

I think the potential for the tech to change to world is enough to get people to sit up and take notice. To get the opportunity to participate in an a space with such huge potential is what gets people addicted
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February 26, 2018, 05:16:35 PM
 #462

I remember that I used to spend a couple of hours in days for crypto as a hobby. I was engaged in trading and analysis, research of crypto market. Now I began to understand that crypto captures me deeper and deeper. I began to spend all weekend and sometimes almost whole days. I do not know if this is good, but the opportunity to earn extra money is very attractive

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February 26, 2018, 07:34:05 PM
 #463

I remember that I used to spend a couple of hours in days for crypto as a hobby. I was engaged in trading and analysis, research of crypto market. Now I began to understand that crypto captures me deeper and deeper. I began to spend all weekend and sometimes almost whole days. I do not know if this is good, but the opportunity to earn extra money is very attractive

Right. It is quite similar to gambling. There are a lot of traders spending 10 hours a day 7 days a week trading on different exchanges. I use to trade too, using the arbitrage trading platform and it was pretty successful. Anyhow I'm wishing you a good luck!
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February 26, 2018, 07:37:54 PM
 #464

I'm happy with the decision to go for a hodl strategy, since daytrading took away my sleep, and it was still mostly luck based.
I believe a higher profit is possible with well-informed investments, which are held for months to years.

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February 26, 2018, 07:42:12 PM
 #465

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? 
well he was stupid enough to put all of his eggs in 1 basket i mean you have to have a plan for everything and a well oiled plan never fails also if something or someone is hurting your health then delete it for ever from your life that at least is my life's philosophy ...
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February 26, 2018, 09:12:15 PM
 #466

Cryptotrading is not necessarily an addiction, but it's very addictive and - if you don't have self discipline - it can destroy your life, as it could lead you to neglect family, friends, even your own health.
So, take care: when you see some symptoms of addiction, stop immediately and look for help before it's too late.

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February 27, 2018, 02:58:46 PM
 #467

it can be addicting for someone  but also very rewarding.  but personally i am not day trader  i prefer log term investment

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February 27, 2018, 03:05:12 PM
 #468

No) if you are money addicted, then yes. 'cause I love to have money, following from that, I love to trade crypto) It's easy as 2+2

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February 28, 2018, 02:49:18 PM
 #469

The main thing in all know the measure , and make friends with the head . And all their savings should not invest in one place , that would then not burn out and do not know what to do . Yes, this market is good , you can earn a lot here , but there is a big risk

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February 28, 2018, 02:51:17 PM
 #470

Anything that exceeds your ability to control yourself and interferes your normal life or causes you more problems than benefits is an addiction. I guess trading may qualify for some people.
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February 28, 2018, 02:51:23 PM
 #471

CRYPTO TRADING is a kind of hobby to me . When there is no pain then there is no gain. Being in profit is good but there are times when a person needs to lose to learn. Only in losing that a trader learns more. If he is always in profit then he would say to himself that his strategy is perfect but then no one is perfect so there would always be a flaw and he can only learn that in losing so that next time, he can adjust his strategy to reduce the risks.

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February 28, 2018, 04:18:44 PM
 #472

It probably is in the same way gambling is addicting for other people , i can imagine chasing a loss for instance.
The big problem is that you almost never do it right in crypto if you have the wrong mindset , if you bought a good coin you should have bought more and that works the other way around to.
This will cause mistakes if you don't know what you are doing . But if you know how this market works it isn't more addicting then anything else.

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February 28, 2018, 04:23:54 PM
 #473

Honestly, anything can become an addiction. I wouldn't worry too much about it.

What's important is to control it and make sure you don't end up broke. Grin

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February 28, 2018, 04:26:28 PM
 #474

It's a job or a hobby. If you are good at it - it might become your full time job and already has become one for a lot of people.

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February 28, 2018, 06:30:34 PM
 #475

I think that in any cases associated with big money you can go crazy losing a large sums of money..

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March 01, 2018, 04:11:03 PM
 #476

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? 

It seems to me that trading on cryptocurrencies can be compared with heroin. Yes it is addictive. It's gambling. You can lose money, but you keep playing.

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March 01, 2018, 06:10:17 PM
 #477

Trading is not necessarily an addiction, but it can quickly become one you if you do not know how to control yourself.
If you don't put some strict limits to your activity in this field, you'll start to neglet family, friends, your own health...
practically, anything that it's not crypto becomes insignificant.
Take care to the first symptoms: when you start to lose your night on pc, or you forget about sex, it's time to look for help!

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March 02, 2018, 12:10:08 PM
 #478

Trading is not necessarily an addiction, but it can quickly become one you if you do not know how to control yourself.
If you don't put some strict limits to your activity in this field, you'll start to neglet family, friends, your own health...
practically, anything that it's not crypto becomes insignificant.
Take care to the first symptoms: when you start to lose your night on pc, or you forget about sex, it's time to look for help!

Unfortunately for any trader it is very hard to put any limits on his activities.
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March 02, 2018, 12:14:03 PM
 #479

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? 

Trading in crypto is more addictive when you earn instead of losing your Crypto Assets.
I just really want to grow my Crypto Assets as fast as I could be seems day trading on crypto is more difficult than local business or local stocks.
Someone will be ruined if he lost more of his money in just a tittle time and that guy who jumped out of the window maybe losing all his crypto assets, that's unfortunate.

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March 02, 2018, 12:16:02 PM
 #480

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? 

It seems to me that trading on cryptocurrencies can be compared with heroin. Yes it is addictive. It's gambling. You can lose money, but you keep playing.

There is no such easy money in reality and people are earning crypto and money through crypto market trading but I indeed agree it's likewise a gamble because we all don't know the future or even an hour ahead.
This guys had the worst experience of being a crypto trader and seems he has not yet learned due to less experiences.

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