Bitcoin obsession!

[isaac_clarke22]

I believe when we are firstly introduced to Bitcoin it's normal we develop a kind of temporary obsession for it, as it happens with everything new which is introduced to us and we like very much. It can be a videogame, a TV program or Youtube channel, a food, a person you fall in love... I remember when I started dealing with BTC I got quite addicted or obsessed to it.

I couldn't stop thinking about BTC faucets and about finding new methods of collecting more satoshis. Right now, I think about those moments with a lot of nostalgia. So, I think it wasn't a bad obsession at all...

Well I didn't have that kind of obsession, but more like I was kinda curious to it even more and I find the certain topic really interesting. It's not really an obsession that would occupy my mind and keep me away from sleep. At the end of the day, Bitcoin is a software written by someone who we wouldn't even need to talk about.

I can still recall starting out with BTC faucet. I was kinda curious on if they were legitimate and at the end of the day, it was kinda exhausting to do those kinds of things unless they had some promo or like a bonus stuff that would surely make the users get hooked to it.

[awik p]

According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

But I differ to that by saying it does a lot have much to do with people's interest with bitcoin. What drives bitcoiners interest to want to learn more and more about things and concept's relating to bitcoin is induced by a bit of an obsession in them about bitcoin. Obsession is all about wanting to know more, do more, the only time an obsession is bad is when it's taking beyond logical reasoning towards that which the obsession is directed to, but when done within the controlled parameters it does produce positive outcome. Obsession is dangerous only when moderation isn't applied.

Obsession, by definition, is already contrary to moderation. It is impossible to be moderately obsessed. What you are describing is more like an aspiration, a focus, but not an obsession. Obsession knows no limits, and its danger is that a person loses interest in other things, fixating solely on the subject of obsession.

I think the bad thing about obsession is that we put aside our common sense so that we have high expectations so that we have high shadows too, and it will be dangerous if in the end it does not match the reality so that it will become a psychological burden that can damage ourselves, obsessed with something like bitcoin is fine, as long as we also want to learn to deepen knowledge about bitcoin so we can think realistically

[uneng]

I believe when we are firstly introduced to Bitcoin it's normal we develop a kind of temporary obsession for it, as it happens with everything new which is introduced to us and we like very much. It can be a videogame, a TV program or Youtube channel, a food, a person you fall in love... I remember when I started dealing with BTC I got quite addicted or obsessed to it.

I couldn't stop thinking about BTC faucets and about finding new methods of collecting more satoshis. Right now, I think about those moments with a lot of nostalgia. So, I think it wasn't a bad obsession at all...

Well I didn't have that kind of obsession, but more like I was kinda curious to it even more and I find the certain topic really interesting. It's not really an obsession that would occupy my mind and keep me away from sleep. At the end of the day, Bitcoin is a software written by someone who we wouldn't even need to talk about.

I can still recall starting out with BTC faucet. I was kinda curious on if they were legitimate and at the end of the day, it was kinda exhausting to do those kinds of things unless they had some promo or like a bonus stuff that would surely make the users get hooked to it.

Talking about losing sleep, I remember there was a faucet website which was pretty complete and had different features. One of them was called "satoshi generator". It produced a determined amount of satoshis every minute, but it had a maximum storage capacity. If you didn't gather the generated satoshis before they reached maximum capacity, they stopped producing more.

And capacity was full every 4 hours or so, then I wake up from bed every 3 hours and some minutes to not lose any minute of satoshis production. Those were good times... Inevitably, the platform didn't last for too long, because rewards were really good becoming unsustainable on long term.

[Dr.Bitcoin_Strange]

I think bitcoin obsession is not bad as long as we continue to benefit from investing in btc, I think most people become obsessed (addicted or like) with bitcoin because they have experienced the benefits that can be obtained from investing in btc. sometimes at first our become obsessed with btc because our see other people who are lucky because they invest in btc. until finally learning about btc and successfully investing in btc and getting profits and finally becoming obsessed with btc.

There are some people who have a constant flow of money; either they are working and receiving a huge salary or they are doing business and making steadily increasing profits. Such a person can have a huge amount of money because their income is very steady and consistent, and if such a person is obsessed with Bitcoin, they can put any amount of money into Bitcoin at any time they want to invest as long as the money will not affect their budgets because before any of their personal needs arise, they have already made money to solve their need. By so doing, they will not need to sell their Bitcoin investment so quickly any time they have pressing needs, but for some people who are only earning a small amount of money from their job or business, if they decide to invest in Bitcoin more than their budget, they will still end up regretting their actions, and in some cases, they can sell some of those Bitcoin in order to solve their needs. It's just like gambling: if you don't plan your budget, you might end up spending all the money you had on gambling, and after that, you will begin to regret your actions. If you want to invest in Bitcoin, invest wisely in relation to your budget.

[GiftedMAN]

I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.

Well, the main reason why people get easily addicted is because of money and profitability. Same with gambling, people won’t be attached to it if not they are motivated to make money. However, with bitcoin, it’s a different scenario. I don’t think people may become obsessed with bitcoin because as far as I know, a lot of people lose huge amount from bitcoin especially those who invest without prior knowledge, and only few have been noted that are making big in bitcoin.

I agree that profit is the reason why people can easily get obsessed with bitcoin but I don't see much people being so addicted with bitcoin because it will only take people who are financially stable to be able to be addicted to bitcoin because they have regular flow of money but it is easy for so many people to be obsessed but not addicted to bitcoin. And for further details, people can be obsessed with bitcoin even when they are not Investors, they think about bitcoin like nothing else and they read the news to be updated but yet has no investment because of lack of funds but no one will be addicted to any thing when they are not directly involved in the thing, obsession is far better than addiction like most of us who are directly and indirectly involved in bitcoin investment are obsessed with bitcoin already because it has become a routine to some who can't stay without looking out their investment so go as far as finding out if there are need to invest more regardless of the price.

[Lida93]

According to the Britannica dictionary, obsession is a state in which someone thinks about someone or something constantly or frequently especially in a way that is not normal. While, the Oxford dictionary defines it as an idea or thought that continually preoccupies or intrudes on a person's mind.

I find the Oxford dictionary definition more relevant and concrete. Britannica has vague phrases such as 'not normal'. Normal is not something common for everybody, it differs from case to case. People have variable frames of what can be considered as normal. Nevertheless, I don't think that obsession has something to do with crypto, ti be honest. Those who have succeed in this field have to be rather rational and focused, but not obsessed, because obsessive state makes a person anxious and suspicious, and this implies tiredness. While being effective requires clear mind an emotional strength, and you cannot be in such shape if you feel obsessed.

But I differ to that by saying it does a lot have much to do with people's interest with bitcoin. What drives bitcoiners interest to want to learn more and more about things and concept's relating to bitcoin is induced by a bit of an obsession in them about bitcoin. Obsession is all about wanting to know more, do more, the only time an obsession is bad is when it's taking beyond logical reasoning towards that which the obsession is directed to, but when done within the controlled parameters it does produce positive outcome. Obsession is dangerous only when moderation isn't applied.

Obsession, by definition, is already contrary to moderation. It is impossible to be moderately obsessed. What you are describing is more like an aspiration, a focus, but not an obsession. Obsession knows no limits, and its danger is that a person loses interest in other things, fixating solely on the subject of obsession.

Contrary by definition to moderation you mean "not normal", but that's a narrow definition you hold of obsession in this regard, maybe as it suits the topic of discuss.

If we're to look deep into obsession it's an ambiguous word, meaning it's associated with multiple meanings such as attraction, fascination, fancy, enthusiasm etc.

 if a bitcoiner is said to have any of these aforementioned does it make them abnormal ? Or are those words contrary to moderation that somebody can't be moderately enthusiast or fascinated about bitcoin?   So from my very point of view I don't see how obsession can't be moderated.

[Ale88]

I believe when we are firstly introduced to Bitcoin it's normal we develop a kind of temporary obsession for it, as it happens with everything new which is introduced to us and we like very much. It can be a videogame, a TV program or Youtube channel, a food, a person you fall in love... I remember when I started dealing with BTC I got quite addicted or obsessed to it.

I couldn't stop thinking about BTC faucets and about finding new methods of collecting more satoshis. Right now, I think about those moments with a lot of nostalgia. So, I think it wasn't a bad obsession at all...

Well I didn't have that kind of obsession, but more like I was kinda curious to it even more and I find the certain topic really interesting. It's not really an obsession that would occupy my mind and keep me away from sleep. At the end of the day, Bitcoin is a software written by someone who we wouldn't even need to talk about.

I can still recall starting out with BTC faucet. I was kinda curious on if they were legitimate and at the end of the day, it was kinda exhausting to do those kinds of things unless they had some promo or like a bonus stuff that would surely make the users get hooked to it.

Talking about losing sleep, I remember there was a faucet website which was pretty complete and had different features. One of them was called "satoshi generator". It produced a determined amount of satoshis every minute, but it had a maximum storage capacity. If you didn't gather the generated satoshis before they reached maximum capacity, they stopped producing more.

And capacity was full every 4 hours or so, then I wake up from bed every 3 hours and some minutes to not lose any minute of satoshis production. Those were good times... Inevitably, the platform didn't last for too long, because rewards were really good becoming unsustainable on long term.

I feel like your case is different because you wanted to take advantage as much as you could of something that you knew sooner or later was going to end, nothing wrong with that, many other people probably would have done the same. Is it healthy? Probably in the long run, no, but for a while it's sustainable, probably I would have done the same.

[bayu7adi]

In my view, if someone is obsessed with Bitcoin for its positive aspects, it shouldn't pose a significant concern. However, when someone becomes obsessed with Bitcoin as an alternative means for nefarious purposes, that becomes a substantial issue. Because when one becomes fixated on something, their brain becomes more precise in making significant decisions.

I would never oppose anyone who is obsessed with Bitcoin and acts objectively. Fundamentally, Bitcoin is a digital asset that holds positive utility for all those who can harness it correctly. Someone who constantly contemplates Bitcoin in their life should ideally have the opportunity to grow alongside Bitcoin in a more meaningful way.

[freedomgo]

Obsession will always be associated with a negative effect on one’s life. But if you are trying to point out about bitcoin obsession, well probably it’s quite safer to say that it’s better to become obsessed with bitcoin investment than to never have bitcoin at all. However, if you are obsessed with gambling using bitcoin, gambling addiction itself will always be unhealthy so I think that will never be a good decision. I would rather be obsessed with bitcoin investment than to take risk in uncontrolled gambling addiction.

[Smartvirus]

Pretty hard to talk about this knowing that there are various degrees of both obsession and addiction. It's not binary — it's a spectrum; just like how two money-obsessed persons have different degrees of obsession.

It’s a spectacular view on the subject, talking about the degrees to which one might out weight the other but then, I would as well like to view that one leads to the other and that’ll be, obsession leading to addiction. This makes addiction the final product of an uncontrolled or tamed obsession. That’s to say, obsession could be controlled or stopped before it grows into something more difficult to handle. It’s just a likable situation and that’s okay.

Looking at crypto enthusiasts towards bitcoin, I’m not sure obsession really comes in as, there is hardly anyone that would have there all invested in bitcoin. The percentage of any wouldn’t be far from 10 and below of crypto investors. It’s good that as you see all the goods you can archive with bitcoin, you don to terms with the fact that, it still ain’t the ultimate and there are other fields of human endeavors that have got potentials too.

[suzanne5223]

Obsession will always be associated with a negative effect on one’s life. But if you are trying to point out about bitcoin obsession, well probably it’s quite safer to say that it’s better to become obsessed with bitcoin investment than to never have bitcoin at all. However, if you are obsessed with gambling using bitcoin, gambling addiction itself will always be unhealthy so I think that will never be a good decision. I would rather be obsessed with bitcoin investment than to take risk in uncontrolled gambling addiction.

Much obsession with something even if it's something that's good can also lead to an unhealthy situation. We all know water helps with digestion but if consumed more than needed it will make the body unhealthy.
The obsession of some Bitcoin enthusiasts is the reason why we have in the UK a hospital launched to serve as a rehab program for Bitcoin addiction years ago.
Therefore, I don't see BTC obsession as a good thing cause it has affected some relationships and it's good to minimize the level of the obsession.

[irhact]

Obsession will always be associated with a negative effect on one’s life. But if you are trying to point out about bitcoin obsession, well probably it’s quite safer to say that it’s better to become obsessed with bitcoin investment than to never have bitcoin at all. However, if you are obsessed with gambling using bitcoin, gambling addiction itself will always be unhealthy so I think that will never be a good decision. I would rather be obsessed with bitcoin investment than to take risk in uncontrolled gambling addiction.

I don't think obsession are good for any individual because obsession are always associated with the negative effect like you said and having a negative effect towards Bitcoin would be bad for any investors because it can lead you to invest more than you'll be willing to lose and this will put you under pressure that can cause you to be panicking when the market is testing a resistance level which could make you to sell your investment prematurely.

We should always have a positive effects from investing in Bitcoin and that's why we don't have to be obsessed with bitcoin but invest just in the right manner which has to do with using only our spare money to buy Bitcoin so we can hold our investment with piece of mind.

[Distinctin]

Bitcoin obsession is actually not bad at all. For me, I would say it’s an edge over the others since you want to grab all the opportunities around that will make you highly profitable with bitcoin. But if what you mean is you will use your bitcoin obsession to promote gambling or engage in some scam activities so you can attract others to also invest in bitcoin, for me that’s always unacceptable. Your obsession is making yourself highly beneficial while you are putting some lives at a high risk of losing.

[serjent05]

Obsession will always be associated with a negative effect on one’s life. But if you are trying to point out about bitcoin obsession, well probably it’s quite safer to say that it’s better to become obsessed with bitcoin investment than to never have bitcoin at all. However, if you are obsessed with gambling using bitcoin, gambling addiction itself will always be unhealthy so I think that will never be a good decision. I would rather be obsessed with bitcoin investment than to take risk in uncontrolled gambling addiction.

There are a fine line that separate obsession and passion, although the dictionary may say that they are synonym, there is a characteristic that differs an obsession to passion because in medical terms, obsession is always accompanied by negative things, it is more like an addiction since obsession to something is like losing control of the mind's rationality while passion is accompanied by positive things since rationality is still intact there and is at an optimum functionality in order to give a person a positive result.

So I guess if we are talking about positive results in Bitcoin involvement, passion should have been used since obsession as I stated is almost the same as addiction where the uncontrol urge to accumulate Bitcoin is in hand.

[Don Pedro Dinero]

Bitcoin obsession is actually not bad at all. For me, I would say it’s an edge over the others since you want to grab all the opportunities around that will make you highly profitable with bitcoin.

I think that those of us who spend a lot of time on the forum, and/or do other activities related to bitcoin, are not obsessed, as the concept has a negative connotation, but it does take up a lot of time in our thoughts. As long as it doesn't lead to forgetting or neglecting other tasks, I don't see a problem. It is like a workaholic who has a job that he is passionate about, and also makes him money. As said, as long as it doesn't lead to neglecting other parts of your life, it's not a bad thing, it's a good thing.

[fruktik]

I think the bad thing about obsession is that we put aside our common sense so that we have high expectations so that we have high shadows too, and it will be dangerous if in the end it does not match the reality so that it will become a psychological burden that can damage ourselves, obsessed with something like bitcoin is fine, as long as we also want to learn to deepen knowledge about bitcoin so we can think realistically

Well, what do you care about those people who have various illusions about crypto? I personally absolutely don’t care about such processes. The time will come and show that you don’t need to hope for something too much. Everything should be in moderation. Approach many issues with a cool head and without unnecessary emotionality. In this case, there will be no mistakes or disappointments. Naturally, not everyone understands this, but life will put everything in its place.
I went through this myself and it took me several years to realize and understand. Others must go through this too.

[YUriy1991]

I think the bad thing about obsession is that we put aside our common sense so that we have high expectations so that we have high shadows too, and it will be dangerous if in the end it does not match the reality so that it will become a psychological burden that can damage ourselves, obsessed with something like bitcoin is fine, as long as we also want to learn to deepen knowledge about bitcoin so we can think realistically

Well, what do you care about those people who have various illusions about crypto? I personally absolutely don’t care about such processes. The time will come and show that you don’t need to hope for something too much. Everything should be in moderation. Approach many issues with a cool head and without unnecessary emotionality. In this case, there will be no mistakes or disappointments. Naturally, not everyone understands this, but life will put everything in its place.
I went through this myself and it took me several years to realize and understand. Others must go through this too.

I tried adding a little. Apart from the discussion above regarding obsession with something, for example Bitcoin investment as another investment opportunity in the world of digital currency which is profitable and of course has a high level of risk too, now the way to minimize this must be a good understanding of Bitcoin which in the end can provide profits finances are not trial and error in the end.

Well, if combined with current market conditions, perhaps many people are more inclined to understand market dynamics to achieve greater profits, especially as corrections are still ongoing today by continuing to buy even though there is a DCA installment method or all in buying at the same time. So. The most important thing is to maintain a balance between obsession and deep understanding, and apply wise actions in pursuing obsession, combine obsession with reason, don't use lust with the desire to get rich quickly and indeed the direction in the end is all profit.

[Crypt0Gore]

Call me crazy but the way I think is different from many others, there is good obsession and bad obsession, you can be obsessed with something that will take your life and you can be obsessed with something that will build your life.

Addiction to investment is better than Addiction to lust, you can lose money and you can make money, but with lust you can lose your life, lots of infections here and there, you can end up with HIV and STDs.

Addiction to Bitcoin investment is also different from addiction to gambling, my advice is to know what you will get addicted to, I always watch myself carefully with gambling because I don't want to get addicted to it, but it's not the same with Bitcoin addiction.

Bitcoin is more reliable than gambling, one is more risky and damaging than the other, Choose wisely.

[fruktik]

I tried adding a little. Apart from the discussion above regarding obsession with something, for example Bitcoin investment as another investment opportunity in the world of digital currency which is profitable and of course has a high level of risk too, now the way to minimize this must be a good understanding of Bitcoin which in the end can provide profits finances are not trial and error in the end.

You won't earn anything by being obsessed. It has never led to anything good, but everything happens exactly the opposite. This is shown by numerous examples throughout human history.
If you engage in investing and trading, you need different qualities. For example, analytical work. I can say that this scares many people away. There's nothing you can do about it. Consequently, then there is no need to engage in these processes, but to find another occupation.

[Etranger]

Contrary by definition to moderation you mean "not normal", but that's a narrow definition you hold of obsession in this regard, maybe as it suits the topic of discuss.

If we're to look deep into obsession it's an ambiguous word, meaning it's associated with multiple meanings such as attraction, fascination, fancy, enthusiasm etc.

 if a bitcoiner is said to have any of these aforementioned does it make them abnormal ? Or are those words contrary to moderation that somebody can't be moderately enthusiast or fascinated about bitcoin?   So from my very point of view I don't see how obsession can't be moderated.

Ca you provide some definitions of obsession you use when talking about meanings such as attraction, enthusiasm etc. Because for me those words have different meaning. And mixing them could lead to misunderstandings. I don`t say that 'not normal' is the only way I describe it. I know that definition of obsession os not that narrow, however, i don`t see fascination and attractions within its frames.