gaston castano
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April 30, 2023, 06:40:18 AM |
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Investing addiction can manifest in various ways, such as constantly monitoring the stock market, compulsively buying and selling stocks or other assets, and taking on high levels of risk with investments. This type of behavior can lead to financial losses, stress, anxiety, and even physical health problems.
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mich
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April 30, 2023, 06:53:34 AM |
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Well I used to think I have a addiction because I really like Bitcoin. It is a big part of my life and I talk about it with most people that I know and sometimes I talk about it even too much I think. And Bitcoin is a investment we can all agree on that. We all want Bitcoin because we all think and are holding so it can show up big profits in the future. We earn profit and lose profits and keep on hodling the investment. I think we all have a small addiction if we have Bitcoin and we hodl it for long term profits.
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Russlenat
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April 30, 2023, 07:30:22 PM |
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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. Everything that is done overly, that may lead to addiction will definitely affect our whole well-being. That is the reason why we should do things within our control, otherwise we will be force to do things that are not right and aren’t just. However, with investing addiction, provided that you are totally aware of its risks and you will only invest an amount that you can afford to lose, I think that is valid and reasonable as investing all in will be detrimental to your health if ever you lose them all in the end.
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Yatsan
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April 30, 2023, 07:59:23 PM |
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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?
It is not investing which is addictive but the desire to earn profit and to be rich in a quicker way possible than with earning it through a regular job. In this industry, it is possible to be in such state but to expect that it would be with ease, is the misconception about this industry. We are all aware of how inconsistent and how unpredictable prices move. One wrong decision could result into huge loss. Patience would play a key role but there are other factors such as TA, DCAs, and luck as well. It just happens that many people are disregarding negative side of investments and are only concerned with the potential profit. In any field of investment, things does not work that way.
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|MINER|
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April 30, 2023, 08:13:24 PM |
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For me personally, addiction is caused because it has become a necessity that must be done whether he is a gambler or an investment, a person who is addicted, so he doesn't care about the risks he faces, is he ready or not, he will do that.
In my opinion, the factors that influence a person's addiction to crypto or not are because he has experienced getting big profits and now he is in a difficult condition so he loses money, when he loses, he imagines the big profits he has earned so he looks like an addiction. Addiction is actually bad things for everywhere be it gambling or any drugs or in trading . I have seen many peoples around me that those doesn't know properly about trading and even they don't study any analysis for investment so without any technical or fundamental analysis they do trading only depends on some pumps and rising so at the end of the day they face losses. And they invest extra money again to avoid this loss and in this case too they suffer from the same situation, many times I have heard from their mouths that it has become like an addiction to them. So I think doing trading or addicted to trade like this is one kind of gambling which can never bring profit.
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aksplace
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April 30, 2023, 09:41:42 PM |
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Everything that is done overly, that may lead to addiction will definitely affect our whole well-being. That is the reason why we should do things within our control, otherwise we will be force to do things that are not right and aren’t just. However, with investing addiction, provided that you are totally aware of its risks and you will only invest an amount that you can afford to lose, I think that is valid and reasonable as investing all in will be detrimental to your health if ever you lose them all in the end.
Investment addiction is not good because you keep increasing investment all the time even though you are willing to afford to lose, you may prioritize investment assets over real world assets and spend less on your needs, so it is not recommended in investing because you have to invest at a lower value reasonable and not excessive investing in fluctuating markets.
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molsewid
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April 30, 2023, 09:53:52 PM |
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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?
yes it is possible that you may be addicted to it, we all know how much it is to have a good trading every profit is worth to be posted in different social media platform. But all things that are not in the right timing and it makes you drain and too much will bring problem to you as time passes by. Trading is good, but oust like gambling it should be in moderation and just be prepared when something goes wrong.
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Botnake
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April 30, 2023, 09:58:47 PM |
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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?
It’s certain that as long as there are profits involved, people will be eventually get attached to it and more likely become addicted to it. But investing addiction is not that bad at all as long as you know your investment well and you’re aware on how to make profits from it and eventually make it prosper. But depriving the good things in your life just to save to invest is actually out of the picture. That is not a good mindset as one should also invest in one’s health and body before we take part in investing for profits.
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usekevin
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April 30, 2023, 10:54:05 PM Last edit: May 03, 2023, 08:32:02 PM by usekevin |
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Investing and gambling had some of the unique same features.When you keep do them for the positive, it's will the addition. After that, don't buy crypto when the market is green.Most of the traders do this mistake of gambling addiction and buy coin at the bull market instead of bear market.Because the profit from coin brought in bull gives less profit to the coin which we brought in it in bear market.When the trader had earned some good money from the trading,he will not leave the trading till he get equal amount of money as loss.Actually the trader become the investing addicted to get the next high profit from the same trading.
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Kelvinid
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April 30, 2023, 10:56:35 PM |
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Do you consider that kind of addiction dangerous and not good?
Abuse, addictions, and over-spending habits - all of these things result in no good. But it seems not a very usual thing to happen in investing because investors are smart as I think. They put money for the reason that it grom more, unlike gambling which leads to losing more. Though we can say it was not right from getting into investment addiction, however, thinking that it multiply our money in the future, is somewhat of a great addiction happening to us.
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n0ne
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April 30, 2023, 11:08:32 PM |
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Investing and gambling had some of the unique same features.When you keep do them for the positive, it's will the addition. After that, don't buy crypto when the market is green. Most of the traders do this mistake of gambling addiction and buy coin at the bull market instead of bear market. Because the profit from coin brought in bull gives less profit to the coin which we brought in it in bear market.
Buying when the market is green isn't a bad choice neither, because we aren't sure of the market tomorrow. The profitability varies along with the holding time period. Investing at the highest price lets you to hodl more than investing at the bottom price. The addiction of gambling differs from that of investing addiction. This is very rare, maybe 1 in 1000 will have such mentality. With gambling one in hundred used to have the addiction. To gamble people easily borrow and does it whereas for investing very few borrow money.
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glendall
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April 30, 2023, 11:19:12 PM |
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good food, good clothes etc.
this is a necessity of life so it must be met no matter how expensive the food is if it is healthy it is not a problem, my principle is to invest if the problems of daily life have been fulfilled and new enough to invest, why have a lot of investment property, if we who have bodies accept mental stress and poor health unstable for a long time, our investment will run out for treatment so enjoy your life, don't hoard wealth because there's no use being rich but not enjoying
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Little_Sister
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April 30, 2023, 11:32:51 PM |
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Do you consider that kind of addiction dangerous and not good?
Abuse, addictions, and over-spending habits - all of these things result in no good. But it seems not a very usual thing to happen in investing because investors are smart as I think. They put money for the reason that it grom more, unlike gambling which leads to losing more. Though we can say it was not right from getting into investment addiction, however, thinking that it multiply our money in the future, is somewhat of a great addiction happening to us. You are right, anything in excess will not be good for the final result, so investing addiction must be reduced because any investment will always have a losing impact even if you have invested in top coins, a simple case for example that you have bought buy bitcoin at $ 50k the previous ATH price moment, so surely your investment interest will decrease after your assets are reduced, so don't be addicted to investing but prioritize analysis to invest at low prices and it will take a long time to wait for a market bearish moment.
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Negotiation
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May 01, 2023, 05:02:32 AM |
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Investing is good but over-addiction will lead to losses like gambling no one can tell when a currency will rise, just as gambling addiction can lead to exhaustion in investment addiction. That's why first you need to know about the crypto market which currency gives good profit and buy cryptocurrency by verifying them. Since cryptos are very volatile, no one will be able to accurately predict their value. Research the market and if you think a certain crypto is underpriced, buy it or if you think it's overvalued now sell it.
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smile1218
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May 01, 2023, 05:34:49 AM |
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Investing is not considered as an addiction, but it is possible for some people to become overly obsessed with it. This can lead to risk taking or neglecting other important areas of life that we need to prioritize. Investing itself is not dangerous if done responsibly and with a clear understanding with the risk involve. Investing can be a way to grow our wealth and achieve our financial goals. It is important to educate ourselves with investing to be aware of the risk that we are going to face.
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Fakhrulenclix
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May 01, 2023, 06:16:44 AM |
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Investing is not considered as an addiction, but it is possible for some people to become overly obsessed with it. This can lead to risk taking or neglecting other important areas of life that we need to prioritize. Investing itself is not dangerous if done responsibly and with a clear understanding with the risk involve. Investing can be a way to grow our wealth and achieve our financial goals. It is important to educate ourselves with investing to be aware of the risk that we are going to face.
all of that aims to make a profit, addicted to investing because they already have knowledge and experience or have been able to achieve profits in several previous investments so that it makes someone addicted to seeking profits in investing, I think that's a natural thing and everyone will do it when the investment goes well . but regarding risks and all possibilities, of course, they can be minimized, especially for people who already have knowledge and experience in investing.
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YinShuiSiYuan
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May 01, 2023, 07:14:26 AM |
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Investment can be never considered as addiction as investment requires you to be financially stable to that extent so that you can use your extra money in any profitable venture and in today's time where poverty is increasing with everyday increasing inflation people are having hard time in meeting both ends meet . They can hardly manage their monthly expenses within their pays so investment is for rich only .
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kro55
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May 01, 2023, 12:09:18 PM |
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I think we all have a small addiction if we have Bitcoin and we hodl it for long term profits.
I agree, we all have a bit of an addiction when it comes to investing in bitcoin because we all prioritize it over any other asset. But don't let it become a bad addiction. After all, bitcoin is just money, but many people become addicted and crazy about bitcoin. They propagate bitcoin like god can save them from earthquakes, from war, and recently, there was a thread about bitcoin that saved them when they were in the middle of the desert...Too much exaggeration revolves around bitcoin. Bitcoin is really good, but it is not a god that can save or benefit us in all cases. I think they got too addicted and gave birth to hallucinations, which is really not good at all.
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Zilon
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May 01, 2023, 01:01:10 PM |
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.... Will we really call this threats addiction for investors?. To me i will regard them as opportunist. The are setting out their priorities right. One can decide to neglect their personal needs just to make sure they have secured enough for the future and in real sense it can't be seen as addiction. Addiction is more common amongst traders and gamblers because this two processes requires instant profit and loss.
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Kadal Ijo
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May 01, 2023, 02:42:57 PM |
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In my opinion, investing is like gambling because it can create addiction, someone who has invested in cryptocurrencies and has experienced profits of up to thousands of percent in a short time will of course continue to try new luck, they will continue to watch prices so they can sell or buy at a target price that has been thought of.
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