IS CRYPTO TRADING ADDICTION?

[GreatArkansas]

Yes, it is really takes time and you need focus on trading. In lost you should know how to handle your loss and learn to take profits and learn to set stop less. And also you need targets, when to sell or when to buy. You should learn something.

[Ilegendph]

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? 

Yes because as you can see in cryptomarket you can gain almost double of your money in just one day. Thinking of it its like a gamble for anyone and we all know that gambling is addictive. We should set limits and strictly follow it so that the aforementioned tragedy would not happen again.

[arakosta]

Yes, for some people seeing theyr portofolio rise in value and getting gains gives them a dopamine rush, so that can be addicting. Safest way to go is to just HODL.

[pakupayung]

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? 

Really, as bad as that?
I think it is not an addiction to crypto that causes it but because of despair over the loss of all wealth. Seeing a promising crypto investment so people will think they can gain wealth by investing all their money without studying and considering the risks first.
I agree that crypto is a good investment opportunity but I never once used my money for it. I prefer to find crypto with bounty, If i get it, sometimes I hold first, sometimes I sell immediately.

[keykey1]

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 think it all depends on how a person will earn a crypto currency. If he wants to gamble to win a lot of coins, then this can cause a serious dependency.

[cryptoux]

For me its not addiction,its just like a hobby that makes your money multiply.

[gustaf.berg]

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.

Yes, real addiction does not come from crypto itself, it just comes from fear and greed. you are afraid to lose what you just made and you keep on checking the market. you are greedy and want to make more money, what you do is the same, you keep on checking pricese.

[cryptoadmire]

It is sadly not uncommon for people to commit suicide over losing their money in shares etc. Maybe this guy just lost everything and thought there was no way out.

Regardless it is very sad, and I hope we don't start seeing this as a trend.

[leea-1334]

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? 

Really, as bad as that?
I think it is not an addiction to crypto that causes it but because of despair over the loss of all wealth. Seeing a promising crypto investment so people will think they can gain wealth by investing all their money without studying and considering the risks first.
I agree that crypto is a good investment opportunity but I never once used my money for it. I prefer to find crypto with bounty, If i get it, sometimes I hold first, sometimes I sell immediately.

This has everything to do with trading addiction, but little to do with crypto. If anyone reads history, especially in the US, they will see where the terms like Black Monday originates from. Previous stock crashes especially saw a lot of suicides. Basically these are traders who gamble on stocks, and then get caught up in the crash. I suppose the same can happen with crypto, but it is hard to believe anyone lost all his money in crypto trading. He must have invested in very bad, very poor cryptos that go bust.

[guangzhouta]

Most people are addicted to making money not the crypto. so we should warn ourselves do not to be too greedy.

[DanWalker]

Trading should be supposed as a work. This should not bring you joy or frustration. This should bring you only money. If you have a lot of emotions, then you better do something else.

[weborsha]

i don't think that it is cryptocurrency that causes such an addiction. Money does, no matter whether it is btc, usd, ehthereum or Mongoli tugric )) the loss of money may make a human go insane, but it all depends on personal attitude and system of values.

[natasha-lev]

Crypto is addiction, like other hobbies. Don't think that you can compare it with heroin, cause we all make our own decisions.
If you take crypto serious, you won't put all your money in it, cause it's a huge risk.

[timshk]

I think so
But who cares? 

[Jarx]

Well it can be an addiction if you're putting your money in ICO and has a huge income. So you want to repeat it and start panic investing and buying/selling. But it's not such a strong addiction, it'll fade away after a couple of looses so you will use your head instead of this addiction.

[narukami]

I would say that trading using crypto currency is not addictive but the making money on the trading can be aadictive and also gambling using the crypto currencies can be very addictive

[WeedGoW]

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? 

Suicide due to economic reason is nothing new.

[nakamote]

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? 

For more it is just a hobby and it can be a full time job if you are a enthusiast.

[myortvyje]

yeah i think like tat also. I wake up in the middle of night and i look quickly my coins and i fall sleep again. All night like that. Its not so good for person health.

[nicedreams]

Suicide is a very serious problem and please get in touch with your parent or your friend before making that kind of choice.