IS CRYPTO TRADING ADDICTION?

[rose9696]

The main conclusion: crypto currency is not money, but a gambling tool. Like roulette or playing cards. In this case, normal currencies are used to regulate relations between players.

If this is true then I am really disappointed in the crypto market. I lost 50% of my assets because of investing in crypto. I studied the market very carefully and I still lost money. But I want to read your information more clearly. Can you give me the link to the news?

[ice098]

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? 

That's bad for us as community cryptocurrencies, i hope we don't blame the cryptocurrencies due to this accident and i don't think cryptos trading addiction, the main problem on the guy in Moscow he can not take control when investing in cryptos trading, should the people who want invest in cryptos, they must know about the risk in trading activity and never invested all of the money. It needs knowledge about management of money and risk in trading cryptos.

Yes because there's a time you become addicted especially when the value is increasing even a little, so sometimes we forgot to limit are self whenever we see a little opportunity to earn like in trading. We do trading because some of us we want to earn immediately.

[saieshprakash18]

day trading leads to addiction and bad decisions selling at a loss. the right strategy with crypto is to buy good coins for low and hodl

[cheezcarls]

I don't think crypto trading is addictive, but crypto gambling really is. However, if you are bullish with all of your assets instead of diversifying them into short, mid and long-term ones, then that means you are too addicted to #HODL them all.

As for me, I am not addicted to cryptocurrency. I'm passionate and in love with it, especially airdrops and bounty programs that are coming to me. It opens us a new door of opportunity if we failed in some areas in life.

[roadwell890]

everyone is happy to get a profit
but, in fact crypto is very risky
so only people who always win in trading alone will be addicted

[seek4dream]

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? 

Definitely. I am addicted to crypto. It is so exciting to see what is happening everyday.
I used to trade stocks, but it is so boring compared with crypto.

[sudhirratra68]

The greed of money is always an addiction. If the crypto trading is just like a business for you like any other business, it is ok but if it is driving you out from social or the family life and you can not live without it, then it is an addiction. You can consider crypto trading as a secondary job till you earn enough for your life because you never know what is going to happen in the future, so your first job or business should continue.

[lorapalmer]

I think you just don't need to go so deep into cryptocurrencies. You still need to have your own life outside the computer and 24/7 control of cryptocurrencies rates. I consider crypto only as an additional source of income. What is too much is not healthy.

[coinsocieties]

It would be posible for some people who realy lose all of his hope when lose all of his money in gambling some asian people also like that. When they dont have money anymore they will goes on cuiside.

[cryptobrotherz]

I think addiction is a strong term but I guess for some people that is probably the case. I think for the large majority of us, we all just like to make money. In fact, we NEED to make money to support ourselves and our family (if you have one.) The other thing (for me anyways) is it is a new and exciting adventure. It sounds corny but we truly are creating history. Everyday the bitcoin (and alts) move in value, the coinmarketcap grows, ICOs are launched. We are on a road never traveled before. I am just excited and happy to be a part of it. While I am on the subject...I would like to say thank you to everyone here at bitcointalk. I have enjoyed the time that I have had here so far and I look forward to the future.

[3x2]

day trading leads to addiction and bad decisions selling at a loss. the right strategy with crypto is to buy good coins for low and hodl

Day trading is good if you have lump of funds because in day trading the margin is often 1-2%, given you have more money this percentage makes sense. Moreover it is never a loss until you sell at loss.

[ocid]

everyone is happy to get a profit
but, in fact crypto is very risky
so only people who always win in trading alone will be addicted

that's true, most people feel happy if they get a profit in the trade, but if a real trader, they are always ready with all the risks that will be faced. although it is certainly a loss but it will not make it unyielding, they must try to learn from where the point of loss, and as much as possible to avoid losses in order to always get a profit.

[magz]

I think it's not crypto trading that is addictive, but the act of making money / gambling.

I agree. Who wouldn't get crazy if you make millions of money with a little of investment? You can see every day an increase in price ranging from 100% - 1,000%. Even I myself gets crazy about it. The feeling when you see your holdings all green, and you wouldn't believe your money is growing exponentially.

[O.capan]

Well, actually it can become an addiction if you haven't anything better to do. If you have a job, friends and family life, and you don't focus only on trading, there is no problem.

[sjbi]

Everything that you will get addicted to if you jump for it without knowing what it is you are doing. Cryptocurrency is an unstable market. It can go up in no times and down at the same ratio. So be careful to choose which crypto is good for investment. Investment in good and promising crypto will definitely yield good result.

[Gelesko]

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? 

In our life everything is an addiction, if you do something everyday and you love it, it turns out and addiction! Eating, smoking, gambling, sport, drinking, drugs, work, trade and so on! Crypto for me became an addiction, but I control it and that's what everyone should do. Don't let anything to take control over you. The guy in Moscow, probably borrowed money and he didn't know how to pay back, after he have spend/lost on trade. Take control of your self and everything will be fine

[currencydesigner]

I think making money and trading can be addictive it depends on the person.how people react.I am addicted to it like everyday I want to trade because I believe I can maximize my profit if I trade regularly. If you are not ready to take risks, it is better not to even start to do it. To trade on the exchange you need good nerves.

[KTPU777]

For trading on the exchange, crypto currency requires a cold calculation and strong nerves. You can not panic. Trade should be weighed. If you can not cope with your emotions, then you better not trade.

[timet678]

You can get addicted to just about anything. I won't deny though that the risks and potential gains make it feel a bit like gambling though. But honestly, don't treat it like gambling or you'll end up chasing pump and dumps and lose all your money.

[Konyox]

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.