Are you addicted to trading? This is for you

[LeGaulois]

If you are addicted to trading cryptocurrencies you may need to go to a rehab center. Don't look further there is a hospital in the UK that created treatments for "crypto addicts" led by a former gambling and cocaine addict. They have drug & alcohol addiction programmes, but expand "their business" to cryptocurrency. Who know, in 10 years the pharmaceutical industry will create a crypto medicine.
Anyway, this is your change guys

Experts say the trading of digital currencies or assets such as Bitcoin can become a behavioural addiction, similar to online gambling with some users obsessively following minute-by-minute fluctuations in prices.

Bitcoin and cryptocurrency addicts offered treatment in the UK for the first time
https://www.standard.co.uk/news/health/bitcoin-and-cryptocurrency-addicts-are-offered-treatment-in-uk-for-first-time-a3849456.html

[Nisharawal]

If you are addicted to trading cryptocurrencies you may need to go to a rehab center. Don't look further there is a hospital in the UK that created treatments for "crypto addicts" led by a former gambling and cocaine addict. They have drug & alcohol addiction programmes, but expand "their business" to cryptocurrency. Who know, in 10 years the pharmaceutical industry will create a crypto medicine.
Anyway, this is your change guys

Experts say the trading of digital currencies or assets such as Bitcoin can become a behavioural addiction, similar to online gambling with some users obsessively following minute-by-minute fluctuations in prices.

Bitcoin and cryptocurrency addicts offered treatment in the UK for the first time
https://www.standard.co.uk/news/health/bitcoin-and-cryptocurrency-addicts-are-offered-treatment-in-uk-for-first-time-a3849456.html

It really looks a new information for me and thanks for sharing such a good information because I was searching for a coaching center for personal development program especially advanced one by which i can improve the mindset and mental attitude of myself which every expect to have. Well, I have heard about rehab centers and also some Mindset Programs given by the Crypto & Forex traders who are a trader in themselves, I would like to attend for sure in coming months.

[beverly788113]

Interesting,  though,  I never imagined something like this will ever exist though, cause it sounds funny. I can't imagine that there are some investors who will ever be addicted to bitcoin trading expect to bitcoin gambling. It says the hospital is in Scotland, I guess this shows that there are high percentage of bitcoin trader and investors in Scotland and I hope this addictions don't push their govt to place restrictions.

I have been in the crypto market for more than a year, not much in trading experience but I was able to master the basics of trading and some technical analysis methods quite accurate.

I think that in trading only technical analysis is not enough, you need to combine with market information and good transaction quality to be able to trade successfully.

[Slow death]

led by a former gambling and cocaine addict.

No offense, but I can not see how someone would be addicted to trading, and the guy was addicted to gambling and cocaine are things that do not have anything like trading, this sounds really like a big joke, like somebody would have to spend hours making trade to become an addict, something that I find very difficult to happen.

cause it sounds funny.

I thought it could only be a joke.

[akosipepot]

led by a former gambling and cocaine addict.

No offense, but I can not see how someone would be addicted to trading, and the guy was addicted to gambling and cocaine are things that do not have anything like trading, this sounds really like a big joke, like somebody would have to spend hours making trade to become an addict, something that I find very difficult to happen.

cause it sounds funny.

I thought it could only be a joke.

To follow on from the point made above, trading is not all bad especially if you know your stuff you'll just be making money and how is that a bad addiction?

[harizen]

If you are addicted to trading cryptocurrencies you may need to go to a rehab center. Don't look further there is a hospital in the UK that created treatments for "crypto addicts" led by a former gambling and cocaine addict. They have drug & alcohol addiction programmes, but expand "their business" to cryptocurrency. Who know, in 10 years the pharmaceutical industry will create a crypto medicine.
Anyway, this is your change guys

Experts say the trading of digital currencies or assets such as Bitcoin can become a behavioural addiction, similar to online gambling with some users obsessively following minute-by-minute fluctuations in prices.

Bitcoin and cryptocurrency addicts offered treatment in the UK for the first time
https://www.standard.co.uk/news/health/bitcoin-and-cryptocurrency-addicts-are-offered-treatment-in-uk-for-first-time-a3849456.html

But trading addiction is more tolerable than gambling and other stuffs. It's worth to put a shot with the same risk.

And on a side note, still way better to become a trading addict rather than a gambling and drug enthusiast although overall, risk of losing money is at stake.

Anyways on a fun part, if ever I will be put on that, Im afraid my trading skills will be gone due to undergoing rehabilitation lol.

[bartolo]

It's interesting to see how the headline reads “Bitcoin addicts” when the news is related to trading addicts, it's not the same. On the other hand, why they focus only on cryptocurrencies?, what about Forex traders?

[deafmaster]

I am still learning on how to trade crypto. But who knows if I would be addicted in it. I was hoping that in the near future I would become expert in trading not being addicted to it.

[kinamotorami]

I'm just a bounty hunter, but seeing the prices of coin often make me addicted to them, I regularly watch prices and also bother about the market when the market falls. So I think investors are more addicted than me.

[Dissident991]

I was addicted I think because I traded even during market falling, resulting in losing my depo. So now the best strategy for me is making less deals and be patient.

[Pursuer]

this was the strangest thing I have heard! and it makes me wonder if they would have created the same thing if it was "stocks trading", "Forex", "precious metals",.... or different types of trading. why focus on cryptocurrencies?! that is the weird part.

for example would you go to Warren Buffet and tell him that he is an addict because he trades? there are billions of traders trading in thousands of markets around the world and now it is the first time that they are targeted like this just because cryptocurrencies are involved. that makes you think why the attack?

[joyclicks]

Addiction in trading ? Must be a news for me. I have never come across any addicted trader whereas I have seen many addicted gamblers. So far, I was thinking like addiction is only possible with gambling hence I never think about addicted trader.

[BlackPanda]

For me that trading is a very nice thing. In this job I am required to always do a good analysis because if I can not do well then I will not get anything and even could have a loss. This is a job that requires good analysis, if we can do well then trading jobs can make a lot of money. Look at the many people who earn a huge amount of income, concentration and momentum in making decisions will determine the outcome we will get.

[Sony.UK]

My colleagues are addicted in day trading so most of the day they are all bunk the office. But I am clever because I do not loose any money and I do not gain any profit in day trading.
 Myself I love trading because I am also invest in this platform but I am a long term holder so it will make big profit in future

[UconBit]

Addiction in trading ? Must be a news for me. I have never come across any addicted trader whereas I have seen many addicted gamblers. So far, I was thinking like addiction is only possible with gambling hence I never think about addicted trader.

Oh yeah, it's totally possible. People can get really quite emotionally tied to their performance and follow it minute by minute. In this sense it is kind of like gambling because you're risking too much for comfort. Trading in small amounts where if you lose something it doesn't hurt, well, no one would really care too much for obvious reasons.

That's where risk management becomes critical. Van Tharp has done fantastic work on trader psychology and he came up with the concept of the risk:reward ratio. He says to calculate your stop loss and take profit before entering a trade, and if the take profit is less than double the stop loss, never take the trade. He calls that an R2 trade.

[Kingsingle]

Have I always been at the transaction places and checked the prices of the coins I held, and I always grabbed the opportunity to sell them if prices increased.

[tosmartak]

Cryptocurrency gave room to everyone across the globe, to be a part of it irrespective of your status as an investor; either a novice or an experienced investor and that brought about a lot of wannabe investors not finding the knowledge to invest wisely first and then bumping into the idea of investing to get rich overnight and when reality kicked in, stories changed and being an addict out of emotional actions is bound.

However, I believe as time goes on, a lot of them will end up learning from the experience they have garnered if they want to and some would bail out at the end, which makes me believe the whole crypto addict things will gradually be subsiding over time which makes me not to see the need for hospitals opening a section for crypto addicts. Sounds funny though!

[ralle14]

This is my first time hearing a new type of addiction. If I ever become addicted to trading this would probably be my last resort.

this was the strangest thing I have heard! and it makes me wonder if they would have created the same thing if it was "stocks trading", "Forex", "precious metals",.... or different types of trading. why focus on cryptocurrencies?! that is the weird part.

Maybe it's the same thing for stock trading because on the article it was said that they use the same technique for people that are addicted to gambling.

Have I always been at the transaction places and checked the prices of the coins I held, and I always grabbed the opportunity to sell them if prices increased.

Your trading experience doesn't show any sign of being addicted to trading. Why even bother posting.

I was addicted I think because I traded even during market falling, resulting in losing my depo. So now the best strategy for me is making less deals and be patient.

That's not addiction, experiencing losses in trading is normal. Being addicted is when a person becomes indulged in to any activity and always does it to forget his/her problems which can lead to more problems (health, family, financial) if not treated.

[jeraldskie11]

When I started in trading, I was so addict into it. I spending a lot of time in trading in the past. Sometimes I forgot to sleep because of watching seriously in the movement of crypto and also keep predicting what's next to be happen. And when I lost in trading I feel weak but when I win in trading, I feel happy and don't know what to do next, there is a lot of imagination in my mind and a lot of emotion also I cannot express it. Maybe that's why some people are addict in trading.

[demenBTC]

trading in crypto is a promising business to everyone crypto lovers, this is a job with strong brain and analysis, I think it has nothing to do with opiate but it is a pure work in the world of crypto