Cryptocurrency Addiction Is A Real Thing? No, s**t!

The experts recognize seven of the most common signs you might be a crypto-addict.

If you recognize these symptoms, be careful but enjoy the trading.

1 min read

Do you feel some time that you are holding your life all with one bobby pin? Till the moment you check Bitcoin’s price  when you wake up in the morning?

Yeah? I know that feeling.

And the price of Bitcoin is the last thing you look up before you doze off at night?

And it is difficult to pay attention to conversations unless the topic is blockchain?

And you always keep a CoinMarketCap tab open in your browser?

Well if you are such case, I don’t have good news for you: you might be suffering from a cryptocurrency addiction.

You don’t believe? I was shocked!!!

Bizarre new addiction!!!

A group of Scotland-based behavioral therapists claim that you can take measures to curb your unhealthy habit of cryptocurrency trading. Good luck with that!

Experts from rehab clinic Castle Craig Hospital (Scotland), recently expanded their gambling addiction program to help people battle against obsession with trading digital currencies.

The experts recognize seven of the most common signs you might be a crypto-addict.

* You are spending a great deal of time on the trading in cryptocurrencies, checking prices so that other occupations such as work, exercise or socializing are on second or third place or not get done

* You have debts and financial problems due to the losses incurred when gambling.

* You are lying to friends and family about activities or problems ( for instance you are hiding the amount of time spent online trading).

* Your mood swings, feelings of hopelessness and depression.

* You feel anxiety and you have physical symptoms such as sweating and tremors.

* You have unrealistic views such as being “lucky,” pursuing losses, in belief it is your turn to win next time.

* You are attempting to control the activity without any success.

In a statement for thenextweb.com, the therapist, Chris Burn said: “The person trading may be unaware of these negative effects, especially if they are trading successfully and making profits. Major consequences such as bankruptcy, loss of reputation and self-respect can happen, sometimes with devastating speed.” 

Everyone is prone to developing a crypto addiction

This means that remarking the symptoms might not always be enough to get you on the right track. Usually, addicts have trouble acknowledging such signs in their own behavioral patterns. That’s true!

According to this therapist, everyone is prone to developing a cryptocurrency addiction, even those trading for leisure. The problem is further exacerbated by liberal regulations and a low barrier of entry for traders.

You know, it takes few minutes to open an account on exchange desks.

“From our observations, people may begin trading in cryptocurrencies as a leisure activity, very part-time, but become hooked on the activity because of its addictive nature,” Burns explained “Unlike regular stock trading, cryptocurrency trading is poorly regulated, often poorly understood but exciting because of the big fluctuations in price that occur.”

So, what I suggest you to do? If you recognize these symptoms, be careful and enjoy the trading.

What do you think? Is this possible? C’mon, tell us!

 

Risk Disclosure (read carefully!)

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