IS CRYPTO TRADING ADDICTION?

[Yakapo]

I'd say killing yourself because of cryptocurrency related losses is one of the dumbest thing anyone can do, when getting in, we all know how volatile the cryptocurrency business is. The market is unpredictable and anything can happen, that's why we are advised to risk only what we can lose,  once someone makes money of trading, they always try to go back and get more, putting more stakes at risk, if not careful, this can lead to very  dissapointing losses, but if handled well, only profits will come your way

[Starving_Marvin]

I do not look at it as at some addiction. It is normal to spend a lot of time and effort on researching and monitoring the market if you really want to get to the level when you make enough money for your life just from trading.

[Txslady]

therefore, when customers come to the exchange and say that they want to invest in some shares or cryptocurrency, they are warned that they can lose their money and are offered to invest only the amount of funds that they are not afraid to lose.

[jayendo]

Trading crypto for me has become an exciting direction, like a video game for a child. I am pleased that I spend a lot of time on a laptop or phone, learning for myself a lot of new and useful.

[xtraelv]

Hi, Im xtraelv and I am a crypto trading addict. 

[coinholic]

Crypto trading can actually be an addiction. Especially when you are earning huge profit. Anything that is beneficial to us is something we tend to repeat over and over again which implies as being an addiction. Kinda an automatic thing if you'll think about it.

[stasiulman]

The similarity of the process to the casino/gambling. Just a lot of stories about traders who come out of the window have appeared in news reports for a long time. Plus, you can add some passion for collecting. All these features are inherent in crypto-currency operations, but the basis here is still the same - money. It is money that is already addicting people to do strange things.

[carbonpenguin]

money is drugs. often people who are trying to ensure that they have easy money in their pocket are very poorly thought out because of this they lose huge sums and they get a psychological trauma. you have to be a man with nerves of steel to play the stock market.

[xtraelv]

Source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5422017/

[luffare]

Sure the cryptotrading becomes addictive for some people especially if it begins give you some profit.

[Nagibator007]

To some extent - yes, because the feeling is like an addiction: you get used to this feeling of earnings growth, a sense of victory , and start looking more and more, and when you lose, it becomes harder for you to accept it.

[kangkilokang]

before, I was an active forex trading, I also experienced the same thing with gambling, but there were many positive things I could get in crypto trading and managed to make my emotions more stable with extreme fluctuations. This addiction is positive and I look more cheerful at the moment.

[shulc7]

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 am not addicted to cryptocurrencies but trading is really very emotional activity and it can be very exciting. I prefer long term investing before trading just because it is less stressful.

[BaeNaNa]

It's not just crypto, it's the same when you trade stocks or other activity where money is involved. You care a lot about money so of course you'll spend a lot of time on that activity, in this case crypto trading. The mistake is he put more money than he can afford to lose so i guess he lose all his money and became depressed, that's why you should only invest what you can afford to lose.

[LandLord666]

Profit earning is main reason of addiction. We should approach trading rationally and not emotionally. In trading which is mostly speculative, traders need to put in only what they can afford to lose.

[Akorharrison]

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? 

To me is not addiction is just that he lost everything he heard so that can make him act such way, but to me I don't advise daily trading or short-term investment because that can make you think higher and it leads to heart paplection

[yangdd]

I don't think crypto trading is an addiction. Cause if you have money then you can start investing but if you don't then you don't have any choice looking through it.

[pstraene]

Yes, it is addiction and pretty big one in my opinion. It is not like gambling on roulette table for example, but you still have the trill and checking and rechecking what is going on every minute. Making plans for events that may not ever occur. And it is occupying your mind all the time

[ngoclinh3056]

Personally i feel the same rush as gambling, so it probably depends on your personality. I think people that have gambling addiction and discover crypto also become addicted to trading.

[muasaobang222]

Trading crypto become a hobby to me. Charts looks boring but now I enjoy reading and analyzing it. The guy in the news committed suicide due to huge debt and great loss in trading