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Author Topic: Investing Addiction.  (Read 1112 times)
bbigtart
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May 04, 2023, 07:28:57 PM
Merited by iamsange (1)
 #141

Do you consider that kind of addiction dangerous and not good?
Investment addiction can take a toll on your health, especially your mental and financial health. because according to my understanding, investment addiction has the same impact as gambling, because they have something in common when it comes to the goal of greater financial returns. When you are addicted to investing, you can lose control over your actions and thoughts and tend to ignore the risks and negative consequences associated with unwise investments. This can lead to significant financial loss, and even lead to stress, anxiety, depression and other mental health problems.

Therefore, it is very important to follow the basic principles of sound investment and always follow the financial plan that has been made, and always monitor the risks and potential benefits of investment in a balanced manner.

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May 04, 2023, 07:30:13 PM
 #142

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

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May 04, 2023, 07:43:29 PM
 #143

I can't picture anyone getting addicted in the medical sense over investing. Shit's stressful as hell and if I have a cchoice (which is a million dollars getting handed to me with no conditions) I'd pick the latter. You could argue that this could get into people who are considered as workaholic but I wouldn't agree over the simple fact that these type of people would always choose the most difficult tasks (correct me if I'm wrong) over monotonous and stressful ones.

In any case, Do all things in moderation. If you think you're becoming more and more prone to addiction, steer away from what you're currently leading into and do your best to seek hell and assistance so you can get back on the right track. 
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May 05, 2023, 10:00:41 AM
 #144

Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.

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May 05, 2023, 08:01:30 PM
 #145

Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.
Investing is something we need to try as much to be addicted to which is going to help us in a long if we have the addiction of investing continually. Those who do not like investing are the ones that will always complain about several mistakes that they have made. I am the kind of person that like investing in something that may not have the value now but in the future it will have strong value. This is the way many people do go about there investment and it had helped many especially the early adopters of Bitcoin when the price was low.

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May 05, 2023, 08:51:09 PM
 #146

Investing is something we need to try as much to be addicted to which is going to help us in a long if we have the addiction of investing continually. Those who do not like investing are the ones that will always complain about several mistakes that they have made. I am the kind of person that like investing in something that may not have the value now but in the future it will have strong value. This is the way many people do go about there investment and it had helped many especially the early adopters of Bitcoin when the price was low.
Addiction to investing in crypto must be considered price analysis because now there are many choices of coins and relatively market conditions are in recovery so we have to be patient waiting for the next market correction to add coin assets to the portfolio, so it's different if someone is addicted to gold and property investment because they can invest whatever and anytime for low risk when they have income/salary from their work, but invest in crypto there must be patience to wait for the right moment to buy for low price.
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May 05, 2023, 09:16:07 PM
 #147

Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.
It is always good to invest  but investing should stop us to the right things that are necessary to our Health. Health should be the most important investment every individual should look into,  because when their is Health it is easy to gain  wealth. If we only consider to make profit in investment and neglect Health it can turn into serious problems that we warrant the money that have been on investment to solve the problem.  Investing is a good thing but should never be a reason not to give serious attention to health.

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May 06, 2023, 02:32:55 AM
 #148

~snip~
just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?
Actually my guess is that those who invest at first get addicted to it for a few days. Today's top investors are never so much addicts but trust their investments with special intelligence and knowledge. Investing is actually best for bettering a person's future but there are some investors who are most addicted to investing without thinking about their future. But think about the people who are currently involved in cryptocurrency and investing are the most intelligent people and I think they never get addicted to it. and investors will always have their future so investment is not their addiction but their addiction to spend for future good.

Now let's come to people who gamble regularly, I think gambling is a mental addiction. once a person indulges in gambling, it carries a grim future for him. Most people spend their money on gambling and gamblers spend a lot of money on gambling without thinking about their families. and once those who chase this tide are the most affected and addicted to it. Gambling addiction is the worst type of gambling addiction. So I think gambling is one of the most addictive sites but investing is not so addictive.

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May 06, 2023, 03:41:00 AM
 #149

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

Once called addiction, nothing can be called good, bitcoin is no exception, it's surprising how many people are defending bitcoin. Once addicted, it not only destroys our finances, but the consequences will be much more dangerous. It will affect our health as well as all our relationships in society. No matter how much we love bitcoin, we should balance our lives, don't let it make us addicted. Life is full of exciting things and needs attention, not just bitcoin, and money is everything.

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May 06, 2023, 04:29:17 AM
 #150

Investing is like addiction and in my opinion this is not a problem, as long as we can control our emotions then we can continue to profit, but sometimes we also have to think realistically that investing takes a long time to make a profit and sometimes even loses, if we are not ready for bad things to happen then it will stress and depression.
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May 06, 2023, 07:18:10 PM
 #151

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?

Gambling and investment have little in common in their addiction, gambling can make people addicted if it is started by winning in the game. while addicted to investing if someone gets a big profit in the investment value.
but keep in mind that addiction to gambling cannot provide welfare even though he wins a lot, but if the big profits are obtained in investment, in my opinion, it can give someone maximum welfare.

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May 06, 2023, 08:27:28 PM
 #152

Investing is like addiction and in my opinion this is not a problem, as long as we can control our emotions then we can continue to profit, but sometimes we also have to think realistically that investing takes a long time to make a profit and sometimes even loses, if we are not ready for bad things to happen then it will stress and depression.

this is like a businessman who is also addicted in putting up more businesses because once you get acquainted with running your own business, you will think of other business that you can also explore. there's nothing wrong with such mindset. so long as you said, you are ready emotionally, financially on this endeavour.
this path is not for all people. for one, not all have their spare money to venture in this kind of investment. but if you are capable of, some are lacking of the skills needed to sustain such path.

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loopes
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May 06, 2023, 08:38:04 PM
 #153

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

Once called addiction, nothing can be called good, bitcoin is no exception, it's surprising how many people are defending bitcoin. Once addicted, it not only destroys our finances, but the consequences will be much more dangerous. It will affect our health as well as all our relationships in society. No matter how much we love bitcoin, we should balance our lives, don't let it make us addicted. Life is full of exciting things and needs attention, not just bitcoin, and money is everything.

How it can be called "bad" while it gives you many advantages and less of disadvantage.  You can see that addiction in investing will give you some profit from your investment. although as you all said that every things that was done with addiction called as bad.

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May 06, 2023, 09:46:59 PM
 #154

There are many other activities that can be considered active addictions, such as reading, learning a new skill, or pursuing a hobby. These activities can provide many benefits, such as personal growth, intellectual stimulation, and a sense of accomplishment.

However, even when viewed as positive, it can be addictive if it begins to negatively impact other areas of life or if it is pursued to the point of obsession. It's important to maintain a balanced approach and prioritize other important aspects of life, such as health, relationships, and personal growth, while pursuing your passions and interests.

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Iranus
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May 07, 2023, 02:54:42 AM
 #155

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

Once called addiction, nothing can be called good, bitcoin is no exception, it's surprising how many people are defending bitcoin. Once addicted, it not only destroys our finances, but the consequences will be much more dangerous. It will affect our health as well as all our relationships in society. No matter how much we love bitcoin, we should balance our lives, don't let it make us addicted. Life is full of exciting things and needs attention, not just bitcoin, and money is everything.

How it can be called "bad" while it gives you many advantages and less of disadvantage.  You can see that addiction in investing will give you some profit from your investment. although as you all said that every things that was done with addiction called as bad.

Once addicted, you will put all your money and time into it. You don't care about your health, don't care about your children, your family. You will even use living money, the whole family's savings, to invest. In your opinion, is it good or bad?

If you think investment addiction is good, and the benefits outweigh the risks. Why don't you sell your house, sell off your assets to invest in bitcoin, and expect a great outcome? Everything needs a limit and moderation, if it is exceeded and addicted, it will never be good.

By the way, I would like to know what is your definition of addiction, why you think addiction is good?

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xSkylarx
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May 07, 2023, 07:29:53 AM
 #156

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

Once called addiction, nothing can be called good, bitcoin is no exception, it's surprising how many people are defending bitcoin. Once addicted, it not only destroys our finances, but the consequences will be much more dangerous. It will affect our health as well as all our relationships in society. No matter how much we love bitcoin, we should balance our lives, don't let it make us addicted. Life is full of exciting things and needs attention, not just bitcoin, and money is everything.

How it can be called "bad" while it gives you many advantages and less of disadvantage.  You can see that addiction in investing will give you some profit from your investment. although as you all said that every things that was done with addiction called as bad.

Too much is always bad, which is also addicting. If, let's say, the person is addicted to investment and he spends most of his money on investment, let's say 90% of his salary, with nothing more left for his needs, and then his investments have still made no profit for months, then that is the problem. But if he has already seen the returns and as long as it isn't affecting him or his family, then I think that addiction is somewhat good. But again, when it is about addiction, there are still negative aspects to it, not financially but for sure for health or relationships with others.
Litzki1990
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May 07, 2023, 07:47:26 AM
 #157

There are many other activities that can be considered active addictions, such as reading, learning a new skill, or pursuing a hobby. These activities can provide many benefits, such as personal growth, intellectual stimulation, and a sense of accomplishment.
Undoubtedly we should have interest or addiction towards learning or learning something new. We should be addicted to those things which addiction will bring benefits to life. By addiction we mean something bad but can be addicted to something good. And we have to be addicted to that good thing.
However, even when viewed as positive, it can be addictive if it begins to negatively impact other areas of life or if it is pursued to the point of obsession. It's important to maintain a balanced approach and prioritize other important aspects of life, such as health, relationships, and personal growth, while pursuing your passions and interests.
If we become overly addicted to investments or financial income, that addiction can have a very negative impact on our lives. Because addiction to money income changes people a lot. Then the small wants of life will have no value.  Then this addiction will become more important than your own family. So we should not be so addicted to these online investment platforms.

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Tony116
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May 07, 2023, 10:10:45 AM
 #158

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.
Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

Once called addiction, nothing can be called good, bitcoin is no exception, it's surprising how many people are defending bitcoin. Once addicted, it not only destroys our finances, but the consequences will be much more dangerous. It will affect our health as well as all our relationships in society. No matter how much we love bitcoin, we should balance our lives, don't let it make us addicted. Life is full of exciting things and needs attention, not just bitcoin, and money is everything.

How it can be called "bad" while it gives you many advantages and less of disadvantage.  You can see that addiction in investing will give you some profit from your investment. although as you all said that every things that was done with addiction called as bad.

Too much is always bad, which is also addicting. If, let's say, the person is addicted to investment and he spends most of his money on investment, let's say 90% of his salary, with nothing more left for his needs, and then his investments have still made no profit for months, then that is the problem. But if he has already seen the returns and as long as it isn't affecting him or his family, then I think that addiction is somewhat good. But again, when it is about addiction, there are still negative aspects to it, not financially but for sure for health or relationships with others.

Let's not talk about investment, let's say when a child learns and when he learns so much that his health is affected, it is not a good thing, although education is always called a good thing.
Once it is called an addiction, it means that it is causing consequences, not bringing positive results, if it only brings benefits, then no one will call it an addiction. It seems that people are confusing passion with addiction, they are entirely different.
If you are passionate about investing and get rid of the habit of spending money in vain, then it is the right thing to do. But when you give up everything, including family, health... to focus on investing, it's no longer a passion but an addiction.

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May 07, 2023, 10:11:16 AM
 #159

In my personal view, if the investment always has a good return for each individual, this is the reason why or maybe an investor develops an addiction. Of course, he experienced a big return on his investment that he probably didn't expect.

That's why because of that addiction, maybe other investors don't notice that with every investment they lose a lot of capital, they don't see it anymore and they can't think properly because what they always see is the positive. that they will earn from the capital they release.

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REWARDS
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ringgo96
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May 07, 2023, 01:21:33 PM
 #160

Addiction in investing is very different from gambling because in investing we have great hopes to get profits but in a time that we cannot determine, while gambling is just a lure that we always hope for and only some people can get winnings, and many gamblers they are very wasteful if they have received large bonuses, but for investors they can always manage their finances both in spending and for capital  Invest, and they usually will have a certain time to spend their money on luxury shopping and this is very often I find, but all this depends on each of us.

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