IS CRYPTO TRADING ADDICTION?

[左]

I don't think it's the trading in itself that is addicting. Maybe it's the hunger for money
Would people trade and care this much if bitcoin was worthless and didnt have value?

[Ann Impas]

All exist under the law of trading.... All we do is like trading. Imagine being an employee, we are trading our time and energy in exchange of the money. The same thing with our businessmen selling stuffs, we are all trading this.  So trading is a good things provided that you are trading a certain company that you share same core value.  Trading in crypto is very good as long you knew you understand it and your trading on those you believe in. So if being addictive in trading for a better, why not? but if the effect is bad then stop doing it.

[ladydark]

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 that the guy already had some depression and that's why after getting a loss in crypto trading,he might have come to such decision.Some might get addicted to trading and may sit in front of the laptop 24 hours.But we must try to control our emotions and not to get excited on getting huge profits as well as not to become sad on facing losses.

[chimcoin]

Yes! One can be addicted into crypto trading, and addiction is the need or strong desire to do or to have something(money,properties etc ), or a very strong liking for something(money). In addition, trading in the financial markets is stimulating, exciting and engrossing. But one can become addicted, just like with actual casino gambling or illegal drugs. Like any severe addiction, this can cost you your job, relationships and, financial resources.

Finally, trading crypto can give you a kick and a rush, and blot out reality, just like illegal drugs. If there is an innate psychological tendency toward compulsion and addiction, the initially harmless (cheap) thrills can turn into an obsessive desire to repeat and prolong the pleasure. However, just as heroin addicts reputedly spend most of their junkie careers chasing unsuccessfully after the incredible high of the first shot, so too it is with trading addicts.

[skelethon]

Well, everything can be addictive of course. If you approach it like gambling and you happen to have an addictive personality, well, yeah, it can form an addiction.

[novocaine]

yes would be an addiction if you do this in the negative way and be more patient

[LuckySarah]

Well, everything can be addictive of course. If you approach it like gambling and you happen to have an addictive personality, well, yeah, it can form an addiction.

Yes, hopefully I'm not that type of a person. But I know some guys who can't leave without trading. Also some of them has a huge debts but still can't stop trading. So watch out guys, don't fell in that trap.

[Hades92]

in my opinion yes. because if we know to do trading requires analysis, business, and high finance. so naturally people will feel stressed and not a few also commit suicide. my advice try to focus one trading that we are sure and will profit, so planning is more mature

[Riddikulo]

Definitely not addiction, we are just trying to make a living out if crypto currencies. Maybe what happened to the misfortunate guy who jumped outof the building is lack of hope and could not accept failure. It is just normal to lose sometime in crypto, it is inevitable.

If you like trading then it addict you anyway. The question is how strong you are. Are cold blooded guy or just a slave of money and your desires. It is important to be rational and do reasonable business.

[macdack]

i think it is , isnce i discovered crypto trading .. i droped out all the other online activities ive been into .

was freelancing for fun and cash but now , i like to read about crypto and go into some trading actions ;
 i feel its like what i really want to do for the next coming years .. 

[btcdepo]

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, crypto is addictive, I know coz I'm addicted. My strategy is break up my day into crypto time slots, and crypto free ones. I only trade with 20% of my stack, so even if I lost it all, I still have 80% accumulating in cold wallets, so no need to jump out a window.

It is a big addiction but I have to tell you I'm coming from stock exchange and forex trading background and they are not so different from crypto trading. So if we generalize it, investing is addictive.

[oiskipoiskicrypto]

I think it could be considered an addiction especially if people are putting a lot of money into without looking into why the value can descries or increase (very similar to gambling).

Regardless it is isn't nice and I hope it doesn't happen again.

[Birin016]

In trading crypto .we must ready for loss or profit, because cryptocyrrency is not game, but cryptocurrency is asset, where you not ready for risk. Better than you dont play crypto

[stanstan]

Quite similar to gambling, yet it is more socially acceptable

[richan]

Why did he just jump off ? If because of crypto trading,then he was gambling and not trading. Crypto trading is not addiction but is a profession like any other investment or business venture which requires strategy to enter, exit ,make profit and reduce loss. So if he was gambling then he has his own life to blame.

[AltcoinAuthority]

Quite similar to gambling, yet it is more socially acceptable

I would trade coins throughout my day and make a few bits every so often but I do not consider trading and gambling the same thing.

[Adil Amim]

Its up to people how much time they spend in trading, the more they spend time in this forum the more they get involved. The market is so attractive that it is difficult to stop oneself towards it, once they start trading and earn profits their expectation become high. So in simple words its addiction.

[ozk9iz]

It's not trading. Making money is an addiction.

[Samu10]

Yes, since i started trading i can't stop, just looking at graphs all the time...

[Niveus]

In fact, there may be many reasons to jump out of the window. Problem in relationships, problems at work, drugs. So, I do not think that the problem is in crypto-currencies. It is necessary to adhere to safety techniques, to obtain the necessary knowledge and to be engaged in trading