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Author Topic: IS CRYPTO TRADING ADDICTION?  (Read 4449 times)
Funky_Yoda
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February 14, 2018, 09:34:35 AM
 #421

It can be very addictive i think. I sometimes find my self doing it for some hours. Whether its here on the forum or on other news sites or exchanges.
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February 16, 2018, 11:46:03 PM
 #422

I would say that crypto trading is very close to drug or alcohol addiction
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February 16, 2018, 11:49:49 PM
 #423

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? 
nah thay guy is just a retarded thats why he manage to take his life and its not about crypto dont blame this community because of our own foolishness..crypto is about earnings and this is not addicting but must be followed and obliged to do even if it only give us pressure and palpitation sometimes because of scare to lose
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February 17, 2018, 12:25:32 AM
 #424

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? 
nah thay guy is just a retarded thats why he manage to take his life and its not about crypto dont blame this community because of our own foolishness..crypto is about earnings and this is not addicting but must be followed and obliged to do even if it only give us pressure and palpitation sometimes because of scare to lose

Yes, we have to notice the risk first before doing anything so we can reduce something bad happen like this.
Scare to lose is normal because all people have that feel but at least we will be more ready if we notice the risk  before investing.

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February 17, 2018, 04:22:23 AM
 #425

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? 
nah thay guy is just a retarded thats why he manage to take his life and its not about crypto dont blame this community because of our own foolishness..crypto is about earnings and this is not addicting but must be followed and obliged to do even if it only give us pressure and palpitation sometimes because of scare to lose

Yes, we have to notice the risk first before doing anything so we can reduce something bad happen like this.
Scare to lose is normal because all people have that feel but at least we will be more ready if we notice the risk  before investing.

we need to manage our emotion and control to not risk our money to big in cryptocurrency because once we spend a big money then we need to know the risk. crypto trading could be addicting for some of the people and they will stay at their computer for a day long and this is not good for their health. as long as we can know what we do in crypto trading then I think we can minimize the risk and we can also know how much we lost or profit and we can make a good decision in one situation.
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February 18, 2018, 12:17:52 PM
 #426

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? 
nah thay guy is just a retarded thats why he manage to take his life and its not about crypto dont blame this community because of our own foolishness..crypto is about earnings and this is not addicting but must be followed and obliged to do even if it only give us pressure and palpitation sometimes because of scare to lose

Yes, we have to notice the risk first before doing anything so we can reduce something bad happen like this.
Scare to lose is normal because all people have that feel but at least we will be more ready if we notice the risk  before investing.

we need to manage our emotion and control to not risk our money to big in cryptocurrency because once we spend a big money then we need to know the risk. crypto trading could be addicting for some of the people and they will stay at their computer for a day long and this is not good for their health. as long as we can know what we do in crypto trading then I think we can minimize the risk and we can also know how much we lost or profit and we can make a good decision in one situation.
For me, if I want to hold a cryptocurrency and I also created some plans to hold that coin for long term, I will withdraw all amount of that coins on exchange to my desktop wallet instead of hold it on exchange and make me check its price everyday.
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February 18, 2018, 12:55:59 PM
 #427

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? 
He doesn't know crypto world that much. He was driven by his emotions. He is not addicted to crypto, he is addicted to money; he is greedy. He could not accept the fact that he lost all his money. In the industry, you should not let your emotions control you. YOU should control your own emotions. If you are misfortunate, just get back up. Don't let yourself down for a long time. Come back is real! Just trust the process.

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February 18, 2018, 01:00:23 PM
 #428

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? 

And not only in Moscow. There are a lot of such cases. People are taking a big risk and after lose all your money. It is impossible to trade on the last money and go on a reckless risks.

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February 25, 2018, 11:09:00 PM
 #429

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 is sad to hear the news but I think cryptocurrency could make us become addicting because we've always watched and checked the price and if the price is down too fast, sometimes it makes us become crazy and want to sell with fast. but if we can control our emotion then it won't be a problem to us and we still could trade or do whatever we want in cryptocurrency. I hope we don't have to lose our mind when we are losing our money and still trying to recover.
You won't have to lose your mind if you know you're choosing right way for investment and you don't investing without strategy. Long term plan can take you few years to be complete and that time is the challenge to check your opinion. More times to wait more profit, it's my experinece Cool.
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February 25, 2018, 11:27:44 PM
 #430

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? 
He doesn't know crypto world that much. He was driven by his emotions. He is not addicted to crypto, he is addicted to money; he is greedy. He could not accept the fact that he lost all his money. In the industry, you should not let your emotions control you. YOU should control your own emotions. If you are misfortunate, just get back up. Don't let yourself down for a long time. Come back is real! Just trust the process.
First never invest money that you cannot afford to lose. don't allocate all your money to trade. just because you see a lot of people get multiple benefits then you use all your money to trade and then when the results do not match your expectations then you will surely be panicked and shocked and doing things like that moscow people. financial management in trading is important.
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February 25, 2018, 11:31:58 PM
 #431

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? 

And not only in Moscow. There are a lot of such cases. People are taking a big risk and after lose all your money. It is impossible to trade on the last money and go on a reckless risks.

Well it is not only crypto. So many people have died because of gambling addictions. What about the number of suicides connected with stock market?
Yes crypto trading can be addictive, but so are a lot of other things.
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February 25, 2018, 11:53:41 PM
 #432

well this is soo true
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February 26, 2018, 12:21:01 AM
 #433

Trading is addicting because people thought that trading is an
easy way to get rich. Studying and analyzing the trends to earn
money but no body has always an accurate prediction.  Learning
from the mistakes and keep on trying to earn profit makes it
entertaining for the majority of traders who works hard and
making it their passion.
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February 26, 2018, 12:33:34 AM
 #434


For me, if I want to hold a cryptocurrency and I also created some plans to hold that coin for long term, I will withdraw all amount of that coins on exchange to my desktop wallet instead of hold it on exchange and make me check its price everyday.

There is pros and cons of each decision we made in every section since nothing perfect.
Holding for long term in wallet is good but when the price spike and hit the hope price then we will be difficult to send it to exchange in case of instant. For its more safe than store in exchange.
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February 26, 2018, 12:50:50 AM
 #435

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 scenario is because of him being fully engage all of his momey imto trading and suddenly he loses all of it and that is somehow an addiction because maybe before he do that and he win a pot of money and the pleasure that the money gives are the one that are addictive because you can buy all the things that you ever wanted and when the time that he did mot meet that expectation and he posses all his funds he didnt kmow what to do.
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February 26, 2018, 02:17:45 AM
 #436

I think it's not crypto trading that is addictive, but the act of making money / gambling.
Exactly, the thought of making more money is the reason He wants to trade in Crypto and that is what every trader wants. Crypto trading is all about patience and speculation of prices every now and then. I wouldn't call it an addiction because in order to trade well, one must always check the status of the Crypto You have invested in. Rather I would call it a requirement to be able to be a successful Trader. It may be called an addiction once You get so obessed that You will spend all your money savings just to trade crypto just like the guy he pertains to. But generally Crypto trading isn't an addiction.

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February 26, 2018, 02:36:33 AM
 #437

It's possible to be addicted to anything but this easy to get addicted to because money can be gained really easily but also lost easily.

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February 26, 2018, 03:02:04 AM
 #438

I guess so, I'm so addicted in trading that I keep on watching my folio and the market even if I don't have fund to trade too because I'm on hold. Cheesy

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February 26, 2018, 11:20:15 AM
 #439

I guess so, I'm so addicted in trading that I keep on watching my folio and the market even if I don't have fund to trade too because I'm on hold. Cheesy

it is good for you and if your coin is increased higher, you can sell it with fast and I am sure that you have many coins in your account. but sometimes we become sad when we know that this is a good time to buy the coin while we don't have fund. I think I am addicted too but I am not always to watch the price on my computer or my laptop but I use my android to watch the price. at least I open the apps for once in a day to see if the price increases or not.

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February 26, 2018, 11:26:54 AM
 #440

Sometimes it is becoming a kind of addiction, it mostly depends on the individual, some people have tend to be addicted to anything.
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