Investing Addiction.

[Cookdata]

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 don't think there is anything like investing addiction, investing addiction only applies when one repeatedly invests without ever seeing any returns. As long as profits are being made, investing should not be considered an addiction. Take the venture capitalists in the crypto space for example, it's difficult to find a new project with a solid background that they won't invest in. They pour all their money into start-ups in hopes of creating something valuable during the bull run, this is what they do, investing runs through their blood and this is not only in crypto, it happens in other places.

[milewilda]

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 don't think there is anything like investing addiction, investing addiction only applies when one repeatedly invests without ever seeing any returns. As long as profits are being made, investing should not be considered an addiction. Take the venture capitalists in the crypto space for example, it's difficult to find a new project with a solid background that they won't invest in. They pour all their money into start-ups in hopes of creating something valuable during the bull run, this is what they do, investing runs through their blood and this is not only in crypto, it happens in other places.

On the time that addiction turns out to be already that some sort of gambling addiction into your investing decision then this is where shit happens. You shouldnt really be making yourself that getting desperate on whatever you've been doing. Everything should be in balance but ofcourse there are really things which we are really that extremely dedicated on the sense that we are really that keeping on doing it
even it do crosses the line already.

Any form of addiction could have a negative effect in our lives but as for me, getting addicted to investing is actually having the urge to prepare for our future in terms of finances. Compared to gambling addiction, being into investment is actually a good habit though it still has a risk but if we are investing in the right and potential projects, our sacrifices will still be worth it in the future.
Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.

Any addiction is leading into doing something into a certain degree where it is really that too much or something we called off balanced already which we know that it could potentially be compromising other things or
responsibilities which you would be still need to do so. When you are in an addiction whether on an investment or gambling, then of course the behavior would really be just the same.Although money making opportunities are really that different because we arent that dumb on not to distinguish in between investment and gambling in the first place. I do consider out investment addiction but of course
you should be still mindful about those important things around.

[Viscore]

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

I can only say it’s a good addiction unless you’re not depriving yourself from eating healthy foods and buying yourself some basic needs that your body needs it. But definitely its a lot better than becoming addicted to gambling. At least, when you develop addiction in investing, you will do a lot of saving because you have a certain goal to fulfill in the future. And through investing like bitcoin, your money will generate more income that will pave way into achieving your goals in life.

[STT]

Always take some money off the board, pay off bills and any long term debt.  That would be the easiest way to distance yourself from any extreme risk that could flip too easily from positive to negative.
   People mix up speculating, trading and investing because investing is like doing your homework and planting a seed for what will become a fully grown return over years its not a fast fix or result that would be compared to gambling normally.  The modern world we live in has mixed up these things so that investment is labelled onto things like crypto speculation or similar which are not really close to that slow steady consideration.

[Poker Player]

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?

Hey buddy, I think you are confusing investing with trading. You can't get addicted to investing because it takes a lot of capital to invest, and you can't be investing every day. Even if you have a high income, say $200K in the US, the normal thing is that you invest if you do it in Bitcoin or in the stock market, a few thousand dollars a month, but once a month, or two at most.

On the other hand, with short term trading that tries to buy and sell hoping to know if the price is going to go up or down, we can talk about addiction similar to those who are addicted to gambling.

OP may have confused investing with gambling,

With short-term trading, rather, as I have just explained, which especially for retail investors with little knowledge and a lot of impulsivity is very similar to gambling.

[Iroh]

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.

I agree with your point. There just might be people out there who are a bit obsessed with the idea of investing. Always on the lookout for the next big thing probably so they could invest early and get maximum returns. And this crave would most likely lead the obsessed investor into investing in a so called new and promising investment scheme that would turn out to be a scammy one. Scammy investment opportunities are usually very enticing and appealing to anyone who might be interested in making a shit load of profit overnight.

[rhodelmabanal]

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?

All kinds of addiction is not good, if you are addicted it means you cant control your self emption on that particular thing or activities and it leads you to be loss, if you are a gamblers you will not save a money because if you win today you will save your earning and you will make it a capital in the next game and if you will loss you're capital money and your winnings will loss at the same time.

[KingsDen]

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?

Too much of everything I called addiction. And when you are addicted it does not matter were you addicted, but once it is addiction, it is bad. I understand your ideology very well. There are people who are addicted to investment. And it is very bad. This set of people may have little or nothing in their emergency fund. They may not have good health care facility and plans for the family, yet all their mindset is in investment. And they could not even in their lifee enjoy those investments they made, but they keep investing for the future. If I may ask, when is the future?

It is not bad to invest, but do everything in moderation and take care of yourself at the immediate time.

[Rupok]

Your words are absolutely right, investors invest to earn good money.  There are many investors who prefer to invest all their money.There is no shortage of people with these tendencies in trading sectors.  I know many friends who invest without spending money on themselves. We get more motivated when we see a small investment yielding a lot of profit.This is how we become addicted to time investing.  Many people think of investing as a gamble. That is why they avoid their necessary expenses and they think that investing will increase the amount of profit.

[Hispo]

Your words are absolutely right, investors invest to earn good money.  There are many investors who prefer to invest all their money.There is no shortage of people with these tendencies in trading sectors.  I know many friends who invest without spending money on themselves. We get more motivated when we see a small investment yielding a lot of profit.This is how we become addicted to time investing.  Many people think of investing as a gamble. That is why they avoid their necessary expenses and they think that investing will increase the amount of profit.

Regarding your post. I think it is important to make a clear distintion on gambling and investing.
Investor do not go out their way to put their money in a company and considering the possibility of losing the one hundred percent of their money, those who do are gamblers. Investors can cut losses.

The only thing we can consider if we talk about people over investing and saving as much money as possible to continue investing is greed and ambition. Gambling also mess with the greed of people but not much the ambition. In my personal opinion.

Going to a casino and expecting to earn a lot of money is greed and delusion. Not spending so one can buy more Amazon stocks during a dip and even selling one's car to buy more in the dip is greed and ambition.

[alastantiger]

The wellbeing of an adicted gambler must definately be affected negatively because what causes the addiction is either he is chasing looses or   seeking closure.
In the aspect of investment, the addiction of the investment should not affect your wellbeing. Any investment yeilds profit, a business owner who dont eat good food or wear good cloths is being stingy to him self. As an investor you have to be phyaically and mentally strong.
In gambling, the addiction affects your wellbeing negatively while in business or investment the addiction affects you positively.
Any investment that you want to invest in that will make you not to eat good food is not a good investment.

[Bitstar_coin]

I never thought someone can be addicted to investing, that sounds really strange.
Although I feel this is possible since it all has to do with our desire and greed.
Just like gambling, investing on projects requires lots of money otherwise there is hardly anything you can do when there is no funds to invest.
Between gambling and investing addiction, I believe gambling is the most addictive in nature which is not good for the health

[Webetcoins]

Investment is not like gambling as in gambling you don't know about the gains and consequences of your bet but investment in real sense is very different.  Before investing you look into all the details of your investment and you have an idea of how many profits you can get out of it.

Well, you are right that gambling is way different than investing but, to be honest, you can only have an estimate for the profits that you can get from an investment and there can't be a specific amount or an exact target if you are trading cryptocurrencies, you can set a sell target and decide how much profit you want but no one always does that.

And, OP actually used gambling as an example to explain that sometimes you can get so obsessed with investing in a particular sector like cryptocurrencies that it is almost like an addiction that one can have in gambling which makes them wanna keep gambling no matter what.

[hannahB4]

It becomes abnormal if you are addicted to investing to the detriment of your well-being. To everything in life, there is a limit and if care is not taken after this it will lead to abuse. Having investment sense is good because you know you have a better future but it should be at a percentage.

[coupable]

I think that using the term "addiction" to describe investment habits is not appropriate. We usually refer to the concept of addiction for every repeated behavior that causes harm, such as alcoholism, gambling, or even shopping. In investing, there are several strategies that the investor can choose one or some of them according to the types of investments that he makes. And if these investments achieve returns, then addiction becomes a healthy matter.
In very special cases, the investment lover may be neglecting the rest of his life, or he may not find time to do other tasks. In these cases, medical intervention is definitely required.

[Bushdark]

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 would rather prefer having an investor addiction than having a gambling addiction which can be very risky if we don't know what we are doing. Those who have investing addiction are more likely to succeed in the future than those that prefer going into gambling.
 Those of the big billionaires and millionaires we know today are always investing there funds for the future so that they can earn money as an investor that been a spender. Investing could contribute to fast success if we know what we are doing and if we are investing our funds in the right place that would not vabish after sometime.

[lizarder]

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?

Why sacrifice good food and buy clothes when you Investing, well-being is not only measured at the level of eating and buying clothes, but well-being has a meaning according to your ability to spend money on something you need. Addiction in a positive sense I think is good and when people feel addicted to investing, then that means they have an awareness of financial considerations and stability that are much more focused.

Investing in bitcoins will bring us closer to the stage of financial consummation, regardless of how much capital they are ready to invest. To define addiction, I don't think it's all negative, as long as people understand the level of risk in their decision making and most importantly they don't push beyond their means.

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

If the reason addiction is not eating good food and not buying nice clothes and you prefer investing is completely harmless? Precisely what you do is much more useful and more optimal decisions that are taken.

[teosanru]

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?

Haha it's a good thing however can turn into dangerous addiction as well. Dangerous because, investment is done for the purpose of getting some amount saved for a rainy day or for some goal to fulfill in future. But if you stop materializing your goals and just keep on saving the money for even more future, in a way that, it's almost impossible to enjoy that money, this is dangerous. All you'll think of is growing money without fulfilling your desires using that money.

[sulendra12]

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?

It's possible to become addicted on anything if that people finds the stuff they are doing are good for themselves and they could get benefit from it, even though in other people eyes it's really bad to overdo stuff that leads to  an addiction. Addiction is always a bad thing if they can't control it, just like you said if they neglect the needs of daily stuff like food just for the trading/investment and then they are doing something wrong. It's never a healthy way to invest like that, it just make them worse and if they fail because of that, I don't know what would happen next.

[goaldigger]

It becomes abnormal if you are addicted to investing to the detriment of your well-being. To everything in life, there is a limit and if care is not taken after this it will lead to abuse. Having investment sense is good because you know you have a better future but it should be at a percentage.

This is why you should only invest with your extra money, and not go all in.
I have a friend who invested a lot with Bitcoin and other project, and when the bear market begins his well being becomes more affected, it started from anxiety, depression and now he’s under therapy.

Investing addiction is good once you know what you are doing, especially you know how to balance your life and your finances. Don’t let your greed to take over your body and your mind, you have to stay composed and of course know how to diversify.