Investing Addiction.

[Sayeds56]

yes some people may get stuck in this I mean more inclined to spend or use their money to invest it.
I have also experienced this, but is that wrong, for example, every profit I get, I allocate 80% to be played back, the rest is used for my needs.

It is not wrong to reinvest 80% of your profit. In fact it is a good strategy known as compounding. This way you can grow your wealth overtime at a faster pace. It is also important to have a well defined  plan for your investment with clear goals, keeping in view your financial responsibilities, limits and risk tolerance.

Before investing, prioritize your financial needs and responsibilities, such as paying bills of electricity, gas and saving for emergencies. When we follow a systemic approach, we can make most of our investment, while ensuring financial stability.  

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[Alpha Marine]

Addiction is bad. No matter what you are addicted to, be it a good thing or a bad thing. Excess of everything is bad. Drinking alcohol is not bad but being addicted to it is the bad part.
Investing is good, but when you get addicted to it and use every little money you have for investment to the extent it begins to affect your well-being and health, then that's not healthy.
I have never met someone who is addicted to investing but I believe an investment addiction will lead you to a lot of scam investments because you will be enticed with every single investment scheme that comes your way, legit or not.

[LogitechMouse]

Do you consider that kind of addiction dangerous and not good?

While reading your post, I'm kind of thinking "getting addicted into investing is good because it's like you are preparing for the future if you're investing" right? On the other hand, I'm also thinking that "Is there any addiction that is beneficial to a person?"

Getting addicted into investing is good as long as you aren't affecting somebody's life. Getting addicted into investing will only be good if you aren't a newbie, and you know which assets are good to invest and which are the ones you need to avoid. Investing addiction will only be good if you aren't affected either physically or mentally. Getting addicted into investing will only be good if you aren't preventing yourself from buying things that you need on a daily basis thus, it isn't good for you. Overall, getting addicted into investing has some things that you need to consider in order for it to be beneficial for the investor.

I guess this is the only type of addiction that has benefits to a person? Or not? TBH, it's the first time that I've ever heard about this term.

[Asiska02]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling.

Addiction to gambling is very bad and there’s no reason to compliment the addiction to gambling as it leads to total waste of time, money and valuable life you would have earned for yourself.

Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Even though too much of everything is bad, in some cases it is not the same. Through money investment, many people have made it big in life. But the disadvantage of investing money is you not having to gain any profit from it and you still went ahead to invest again and again when you clearly do not know if a profitable income is guaranteed anytime soon or in the future. When you don’t change your investment strategy or plan even as you keep losing because of your addiction to it, it’ll only lead to waste of time, money and valuable life you would have used the money for instead for an earlier time.

[mvdheuvel1983]

Do you consider that kind of addiction dangerous and not good?

It would be reckless to be addicted to investing if there's anything as such. Anyone who is addicted to investing is either doing so through the help of a guide or  has no emotional control. Or should we call it impulsive investing.

Even when you watch shark tank you'd have observed that there are a lot of great pitches but the judges don't just invest. They invest when it is profitable for them not even for business.

[Lorence.xD]

Addiction is addiction, everything that is too much is always be bad for our health. It's like being to greedy to gain more money that he became addicted to it. Of course it could impact not only the health of the investor, but also it's relationship to his family. Imagine being too focused in making money not knowing you're kids are growing up and too distanced to their parents.

That's only one, I also agreed to health and clothes etc. It's like he'll be too cautious to spend as he always invest his money which is not good. Investing is a good thing that people could study and learn but always know your limit.

[cydrix]

For a variety of reasons, investing can be an addictive practice. One of the most important factors is the possibility for high profits. The potential for increased financial gain through investing can be highly enticing and inspiring. Additionally, investment can provide one a feeling of empowerment and control over one's financial future. It can also become compulsive to chase after the next best investing opportunity or to try to outperform the market. Additionally, group or family pressure to invest socially can cause FOMO, a compulsive emotion that promotes addictive behavior. Investing can also cause the production of dopamine, a neurotransmitter that makes us feel good, which can lead to a psychological high and support addictive behavior. It is essential to invest responsibly and seek help if investing behavior becomes addictive or compulsive.

[Wildwest]

many investors are addicted to investing because they often get profits, but they can still manage finances to spend their daily needs, especially basic needs that are impossible for us to limit and we can bear to spend, and I think this is very dangerous if we only focus on investing, but to spend on non-essential needs and we prefer to invest. I think this is a very good decision, because investing is our future asset, even though not all of our investments will always be profitable.

[gantez]

I think that's one of the good addictions a people can have.

Not for the extent to allow other aspect to healthy living to suffer. Things is suppose to be in moderate and if not that it is addiction when you do everything to invest in particular thing and not balance others. Investing to increase your financial capacity but failing to dress well, eat healthy, take care of family financial challenges is not best.

Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Yes it is bad if you known as investor but you can't take care of well being. Depending on how long in investment, capital and liquidity flow as a new investor but old investor with circulating liquidity should balance other areas of his life.

[Faisal2202]

just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Absolutely yes, addiction to investing will ruin one's life as gambling can ruin, it because investing does not bring profits always as like gambling. Proper research is needed and if you are just doing that research only the first time and ignoring it the second time then you could face loss or consequences as an addicted gambler.

For example, my uncle planted G1 Garlic in the previous year and made around 6x profit out of it and this year he already started to face loss, why? because he adopted the same methods and knowledge that he used before and didn't update it with the change of time and environment and garlic started to dry out due to less water. The point is, investing all the time will not bring profits and it can leave the same result as gambling did.

Once you started to make profits either it's due to investing or gambling you will become greedy and start to invest more, for example, one of my friends once told me a story, about how he invested money in tokens (early tokens like maybe it was pre-sale) He was contacted by team on Telegram he bought the real token for $100 dollars and then he thought he is making profits out of it as he could sell them for more, he sent an extra $300 dollars and his tokens never came to him and token also flops (as backed by scammers). Such investments always bring losses and regrets.

We should control on our greed if we want to live a happy life, my society is full of such examples because there are fewer gamblers and more investors here.

[nakamura12]

I consider investing as a gambling since you are risking your money. I understand what you mean about it is not a gambling and what you mean about gambling (casino games) but investing is also gambling. This is the first time I hear about someone said investing addiction and I agree with boyptc that obsessed is much more better if you say that you are not addicted in investing. About your question if it is dangerous, yes it would be dangerous too if it will make you spend less money on important things just to have more money to invest. This is much the same as gambling in casino but the difference is that you may lose all your money on casinos if you don't stop unlike in investment where you may get some of your money like I did when I invested on stock price but the amount is less since the stock price didn't increase at that time, this is also happen in holding BTC.

[Fortify]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

This is definitely true and can be applied to many activities in life. Everything is ok in moderation but when you start becoming obsessed with it or taking it to extremes, like being overly frugal, it is a bad sign. Not only that but life is for living - while money can bring you comfort and freedom, what does it really matter if you are old and too frail to have fun with your vast accumulated wealth as you pinched the pennies throughout your whole life. You need to find a fair balance and can do this with strategy, you might set a certain amount of your salary to "fun money" for example and you should avoid spending that on investing activities. Recognizing you have a problem is half the battle, especially when you're doing something that many people would see is productive and good for wealth accumulation.

[SOKO-DEKE]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Get addicted to anything that will not allow you to take proper care of your health, I will definitely say is not a good idea, either is gambling or investing in something that may bring you future fortune, sofar it will turn you away from good health I will say is bad.if get addicted to investing and you cannot take proper care of yourself, what is the reason behind your investments, is it not because of you to get enough funds to solve your problems?infact I don't know reason why someone willing planning that future that he/she is not assure off and he/she will be suffering himself /herself at the current situation.

[South Park]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

People can get addicted to anything as long as they enjoy the activity, this is why we have people addicted to video games, gambling, social media and even exercising, so it would not be rare to see someone getting addicted to investing, and the treatment is the same for every single one of those addicitons, and about whether or not is dangerous, of course it is, as by definition this means this person is not giving the necessary attention to other aspects of their life which are even more important, like the relationship they have with their family and friend or even their own health.

[carlfebz2]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Everything that is off on the balance is considered to be bad already and since we've been talking about having no priority or already neglecting those kind of needs and necessities then this one really shows up
that you are already doing it, yes investing is really that indeed good but since you are already cutting the amount which are bound to be used on food,clothes and other important thing then its considered bad.
We know that investing doesnt always end up on positive which means that you do still have the risks on losing it which means that everything would be turning out to be useless.
COme to think that risks is always there and this is why we should really be mindful on our actions.

I think that's one of the good addictions a people can have. The other examples would be reading books, studying math, learning new languages etc... It is much better to get addicted to investing instead of spending your money on the worthless crap, At least your addiction is about making even more money your assets will make you rich in the future. Tbh I am one of those addicts and I couldn't be happier about it. I invest and in return my investments make me even more money so I can invest even more.  win^win

When you do have plans about making your life more better in terms of finances then its good but you should also be mindful that everything should be in balance.
You cant just pour up everything on investment and trying out to ignore and forget on what are the other good things which you should
supposed to be thinking off also.

[DiMarxist]

Getting addicted to anything that will not allow you to take proper care of your health, I will personally say is not a good idea, either is gambling or investing, or anything or something that may bring you future fortune, suffer it will turn you away from good health I will say is bad. Not for the extent to allow other aspect to healthy living to suffer. But many investors are addicted to investing because they often get profits, but they can still manage finances to spend their daily needs,  this is also happen in holding BTC.

[Smartprofit]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

I'm not sure that investing can be transformed into a painful addiction ...

Painful addiction is usually a periodically repeated process of some kind of action.  For example, a gambler plays in the casino every day, an alcoholic drinks whiskey every day, a drug addict takes drugs every day ....

An investor invests once a year (perhaps once a month).  The rest of the time he goes about his usual business.  This is not enough to form a painful addiction.  In my opinion, trading is more addictive than investing.  

Because trading is an iterative process.

[Obari]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Absolutely yes
I consider this type of addiction extremely very dangerous and for what reason am I investing if I can't eat good food
I mean very good food
What is the essence of having millions of money in investment and I can't boost of good and healthy food or even look good, that's arrant rubbish and most people now will say we're saving for the future, .a future you're not even certain of and maybe if you have next of kin to this savings, what guaranty do you have that your next of kin will make judicious use of your hard earned investments to your glory while you're gone!
Mehhh there is no reason for investing if I can't eat good food or live a healthy life.
Period.

[aoluain]

Do you consider that kind of addiction dangerous and not good?

While reading your post, I'm kind of thinking "getting addicted into investing is good because it's like you are preparing for the future if you're investing" right? On the other hand, I'm also thinking that "Is there any addiction that is beneficial to a person?"

Getting addicted into investing is good as long as you aren't affecting somebody's life. Getting addicted into investing will only be good if you aren't a newbie, and you know which assets are good to invest and which are the ones you need to avoid. Investing addiction will only be good if you aren't affected either physically or mentally. Getting addicted into investing will only be good if you aren't preventing yourself from buying things that you need on a daily basis thus, it isn't good for you. Overall, getting addicted into investing has some things that you need to consider in order for it to be beneficial for the investor.

I guess this is the only type of addiction that has benefits to a person? Or not? TBH, it's the first time that I've ever heard about this term.

Good point LogitechMouse, is there indeed any addiction which is beneficial to us?
Probably not.

Getting addicted to investing contradicts the teaching that we shouldnt invest more
than we can afford to lose.

On the other hand its easy to see how someone could get addicted to Bitcoin investing
when the benefits of Bitcoin itself are examined - it kind of seems like a no-brainer...
so long as it doesnt cause other negative consequences financially

[Finestream]

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

As long as it’s abusive on your part, then definitely that will never contribute on your well being. However, if you only save on your spare money and those that are not intended to pay your bills or to buy you your necessities in life, then for me it’s a good habit, to save so you can invest in the future. Everything that you do that will change your life positively, I think that’s always worth doing so.