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Author Topic: Investing Addiction.  (Read 1044 times)
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May 07, 2023, 01:21:33 PM
 #161

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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May 07, 2023, 05:34:25 PM
 #162

Life is a gradual process and it has to be balance to an extent in every ramifications we have to consider other aspects such like health, social needs, food, and other materials needed, then after considering some of this basic and put into consideration, then we invest again with wisdom leading. Still look around to see what is important again after some time, then solve it.

It is not advisable to keep saving while in serious health condition or starving, we should also take care of our other need because death may appear anytime and all the investment has never serve at any area. We should try to balance life and apply knowledge and deep thoughts how we suffer our self and our body system entirely.
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May 07, 2023, 06:30:54 PM
 #163

Profit is the main purpose of investments, but investment addiction can still happen even when one is making a profit. Wait, don't think that's a good thing because once you focus too much on it, it will greatly affect your daily life as well as the relationships around you. Even for a long time, they will be so obsessed with making money through investing that they ignore other aspects of life. In my opinion, I am the master of myself, not the money that governs me. So you have to know how to balance everything around so you can enjoy a lifetime in this life.

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May 07, 2023, 09:22:00 PM
 #164

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.
Well, addiction is not good but in the case of investment addiction, I would consider this as a different story. It is good if we are addicted to something that gives us more money, whether we are spending it too much but actually, the results are great compared to gambling addiction where our money is flowing out.
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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.
In this case, this person is not doing his job as an investor because if he does, he would never invest in something that he never know. Because for me, why I should be doing that when the purpose of my investment is to earn money, not lose them.
Maybe this would happen to newbies but this is impossible for old-timers.
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May 09, 2023, 12:10:22 AM
 #165

Well, addiction is not good but in the case of investment addiction, I would consider this as a different story. It is good if we are addicted to something that gives us more money, whether we are spending it too much but actually, the results are great compared to gambling addiction where our money is flowing out.

If I understand your illustration and explanation correctly, not every addict is a bad one. Gambling addicts are the worst addicts ever. Investment addicts, to some point, are also very good, but to the point where the OP explained it, it's really bad. Like, what's the point of investing in something when you are not leaving a healthy life? All the investments that we make are for the preparation of our future, for our future to be better than how it is right now, on a financial level, I mean. But what if we keep leaving the investment addict's life and the person never has to meet those futures because of bad health? What then is the importance of the investment?

It's always good to invest, but why do we do that? We should always do it and apply wisdom to it. If you are in need of some pressing needs, those saved funds that are invested somewhere are to be used to get a better life for the individual, feed well, etc. But when it comes to dressing well, one can actually minimize that, just like they can minimize the amount they spend on buying expensive clothes since those are not part of the essential things that keep their life going.

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May 09, 2023, 03:49:20 AM
 #166

I think gambling and investing are two things that are almost the same even though investment is the result of decisions from various mature predictions, but both are the same as being used to take luck that is uncertain whether to gain or lose. even some people who immediately jump into the world of fast investments like crypto must think that this is gambling not investment.
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May 09, 2023, 05:16:36 AM
 #167

Trading in the financial markets is stimulating, exciting, and engrossing. But you can become addicted, just like with actual casino gambling or using drugs. like any addiction, trading addiction can you socially and economically. If you have enough control to your mind then, you can balance life and your finance. The way we use knife, it helps us in kitchen but same knife can take someone's life as well, if we are not using in right way. This is why if we are investing our extra money or in sudden limit then addiction to investment is good.
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May 16, 2023, 05:56:30 AM
 #168

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 .
I think it's more about what you do about investment. Like for example, I could invest my money into just bitcoin and hold it for many years and check the price maybe once or twice a month, that would be an investment that is not addictive. Or you could invest and check the price every 5 minutes to see how it is doing, that would be considered addiction.

So, it's not about the investment itself but HOW you invest, if you invest like an addicted person and constantly try to do something about then it is going to be a trouble. Many people who are new start like that, and should not be considering that situation as normal. I feel like the best thing to do in this case is to invest and let your investment be until it reaches low or high enough for you to stop.

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May 16, 2023, 06:03:12 AM
 #169

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 .

You could consider anything to addiction if you couldn't stop yourself or limit yourself by doing such certain things. For example in gambling addiction, despite losing a lot of money still you're trying to have a loan just to have the funds for gambling which can be consider in investment. Investment still has the risk especially when it comes to crypto industry where volatility is present to it's currency. Greed and addiction to have a stable financial status from investing could still be consider addiction, to point where you forgotten to enjoy yourself as you focus on making money sources.

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May 17, 2023, 02:28:19 AM
 #170

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?

Investing addiction could be possible, there are people who neglect their basic needs and other financial needs in order to invest more money to their chosen investment. And i think this kind of addiction  is dangerous if it leads to a person neglecting their basic needs, such as good food, clothing and other important expenses. Neglecting these needs can have a negative impact on a person's physical and mental health. However, investing can also be a positive thing when done in moderation and with careful consideration of ones financial situation and priorities. It is important to maintain a balance and not let investing consume ones life to the detriment of other important expenses.

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May 17, 2023, 02:01:16 PM
 #171

It's normal if we invest and profit then we will look like addiction, many people think that investing is like gambling, but actually gambling and investing are different things, if we gamble then there is a chance of losing and losing all the money, but when we invest and the price is down but we can be patient to hold then there is still a chance to profit again.
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May 17, 2023, 03:24:26 PM
 #172

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, you definitely can get addicted to investing, i did. At first it's understandable that you can't making money without putting some of it to investing. Put at some point you have enough and just keep rising the amount. You start to lose reality when it stops being money and its just numbers, and those numbers are never high enough. I had money to spend definitely, but i was always looking at the next level. Can i buy a car? A house? Can i live year with this? Can i live rest of my life? Can i live a luxury life? Are my children going to be able to live with this after i die?

Nothing is enough. Gladly i have also started to invest myself. I don't even mind where we are on the bull run or bear run. I can't ever sell the absolute top anyway. But if i need to invest to myself, my health or to my kids. I am not looking at the charts at that point. It's no use to invest your money if you don't use it when you have it.

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May 17, 2023, 03:33:27 PM
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 #173

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?
Yeah I think in some way its very possible to be affected by too much investment as this act can make you very stingy on yourself and others just because you are trying to invest more and it can affect your social life too because this kind of addiction comes with another companion together which is that feeling of spending too much money so instead of getting yourself a outfit ,one will split the money for the clothes and invest the other part because his addicted to the act which better than gambling because you can use the money for something else that is tangible when the investment actually reaches the limit on it.

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May 17, 2023, 03:43:06 PM
 #174

It's normal if we invest and profit then we will look like addiction, many people think that investing is like gambling, but actually gambling and investing are different things, if we gamble then there is a chance of losing and losing all the money, but when we invest and the price is down but we can be patient to hold then there is still a chance to profit again.

But there is also no 100% guarantee that when you invest in a bear market and hold, you will make a profit. Everything is risky, just more or less, and you don't have a crystal ball to know about the future, so don't be sure of anything.
If talking about addiction, once addicted, it can never be called good. Addiction is a disease that harms us, so whether it's investment addiction, work addiction, study addiction...In general, once the limit is exceeded and affects health and society, it is not good.

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May 17, 2023, 04:40:27 PM
 #175

If talking about addiction, once addicted, it can never be called good. Addiction is a disease that harms us, so whether it's investment addiction, work addiction, study addiction...In general, once the limit is exceeded and affects health and society, it is not good.

In my religion, there is always this teaching from the Bible that says, "Too much of every good thing is bad for you." Generally, addiction is not a good thing. While investing, we should also be aware that investments have some risk attached to them, whether small or large. So that the person investing can always be prepared for whatever comes from their investment, whether it fails or brings fruitful results, and in some cases, investing in a place where you cannot easily take out your money when you really have a pressing need, One of my friends said that he is fond of spending unnecessarily, so he decided to start investing with piggyback fixed savings. He always puts his money on that platform and only keeps a little cash with him to pay his bills for that week before she gets another paycheck. So one day, when he was really sick and had not enough money to foot his hospital bill, he tried to collect his money from the piggy bank but was told that his agreement for the specific period of fixed savings had not yet been reached. According to him, he had to borrow money that incurred a lot of interest before he could pay his hospital bills.

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May 17, 2023, 04:49:51 PM
 #176

Investing addiction could be possible, there are people who neglect their basic needs and other financial needs in order to invest more money to their chosen investment. And i think this kind of addiction  is dangerous if it leads to a person neglecting their basic needs, such as good food, clothing and other important expenses. Neglecting these needs can have a negative impact on a person's physical and mental health.
I'm never really sure you'll find one of those, even if it does, then I think the 1 in 1000 chance is still too low to be said to be the number of occurrences. It makes no sense to get someone to invest aggressively like that, it's too extreme to do even if they are confident about the potential return over a certain time frame.

In fact, meeting the needs for clothing, food and shelter is necessary instead of prioritizing investment plans and interests. The most valuable health instead of the value of the investment. The stomach needs food to supply nutrients throughout the body, the brain needs refreshing and the body needs a comfortable place to live so that all of that becomes a priority.

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May 18, 2023, 03:36:52 AM
 #177

Investing is a fun thing because by investing we can make a profit, the trend of investing is increasing because many people think that investing is a smart way to earn passive income, it makes someone look like an addiction and I think this is fine as long as we don't sell anything or debt when investing.


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Semar Mesem
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May 19, 2023, 03:37:27 AM
 #178

Life is a gradual process and it has to be balance to an extent in every ramifications we have to consider other aspects such like health, social needs, food, and other materials needed, then after considering some of this basic and put into consideration, then we invest again with wisdom leading. Still look around to see what is important again after some time, then solve it.

It is not advisable to keep saving while in serious health condition or starving, we should also take care of our other need because death may appear anytime and all the investment has never serve at any area. We should try to balance life and apply knowledge and deep thoughts how we suffer our self and our body system entirely.

Many people have the ambition to get big profits in a fast way, unfortunately when they know cryptocurrencies they do everything to invest, they hope to follow the success stories of investors who can profit 100x even 1000x so they sell houses or go into debt to be able to buy crypto so it looks like addiction .

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May 19, 2023, 12:17:06 PM
 #179

Life is a gradual process and it has to be balance to an extent in every ramifications we have to consider other aspects such like health, social needs, food, and other materials needed, then after considering some of this basic and put into consideration, then we invest again with wisdom leading. Still look around to see what is important again after some time, then solve it.

It is not advisable to keep saving while in serious health condition or starving, we should also take care of our other need because death may appear anytime and all the investment has never serve at any area. We should try to balance life and apply knowledge and deep thoughts how we suffer our self and our body system entirely.

Many people have the ambition to get big profits in a fast way, unfortunately when they know cryptocurrencies they do everything to invest, they hope to follow the success stories of investors who can profit 100x even 1000x so they sell houses or go into debt to be able to buy crypto so it looks like addiction .
Greed usually works in them, so because of getting more, they become addicted and lose everything and become destitute. The crypto market does not stay in one place. For investing here, the market must be analyzed well and wait patiently. It is possible to avoid the possibility of loss if one invests according to one's ability without becoming an almighty. When you start an online investment the revenue may not be immediate but after consistent effort you will see some small income.



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Rainbot
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May 19, 2023, 01:56:20 PM
 #180

It's normal if we invest and profit then we will look like addiction, many people think that investing is like gambling, but actually gambling and investing are different things, if we gamble then there is a chance of losing and losing all the money, but when we invest and the price is down but we can be patient to hold then there is still a chance to profit again.

But there is also no 100% guarantee that when you invest in a bear market and hold, you will make a profit. Everything is risky, just more or less, and you don't have a crystal ball to know about the future, so don't be sure of anything.
If talking about addiction, once addicted, it can never be called good. Addiction is a disease that harms us, so whether it's investment addiction, work addiction, study addiction...In general, once the limit is exceeded and affects health and society, it is not good.
I agree with you, success can be achieved by investing in all projects, it can never be guaranteed. Many of us invest in some online projects, lose capital and end up in debt. The latter is seen to recover lost capital. Regardless of the direction, investing becomes addictive by becoming impatient. It is not unusual to have more or less risk in investing. But I think, to avoid this risk without becoming addicted to investment. It is wise to do thorough research and exercise your patience. But it must be accepted. Anything with addiction never has good results.

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