Topic: How to Prevent been a crypto addict. (Read 9405 times)

For me, it's tough if you truly want to prevent in trading, especially that you spend over 18 to 19 hours a day just to make sure that you are updated to the market. But I think that 1st solution you might take is lessening the hours you spend on watching the market if you can make 13 to 15 or much lesser hours a day and find anything to do, like going out, exercise, socializing to others, etc. Do the things that you usually do before entering the trading world. But I'm sure that you can't back your normal/healthy life because you either improve it or make it much worse as you think.

Purely physiologically, it is six of one and half a dozen of the other

That is, it is the same thing under different names and conventions. When you gamble, you become addicted to it because the process becomes a form of a powerful drug. You feel euphoric and ecstatic, for some time. When you are deprived of it, you feel typical withdrawal symptoms and want a new dose, time and again. In this manner, you can get addicted to trading in essentially the same way as you get addicted to gambling. And while we are at it, the process is very much like love, with the bottom line being that anything can potentially become an addictive agent if it can work as a mighty stimulator for both your brain and your body

It is not even possible to me that someone will get addicted to cryptocurrency because there is nothing to get addicted to there, if op is glued to his trading platform, or glued to seeking information on the system, he is only dancing himself through that and I see nothing absolutely addictive about that.

It is only a game or any habit that I know people keep getting addicted to, and when it comes to habit, you just have to replace the habit with a good one, but in the case of op, he is just trying to make a living for himself and I would not say e is addicted, when even trading on trading platform manually, you have to stay with the system for a very long time till you probably succeed or loose on what you are doing. I guess by now, op would have already become guru to stay less on the system.

I guess you are right. I have a friend who is a day trader, he spends some time to trade with various coins, but he doesn't stay in the front of his computer in all day long because he has another business in his real life. He tells me that he makes a plan between his trading time and his business so both can work together without disturb each other.

So, perhaps, OP needs to manage his time to trade so he can know how to prevent from staying in the market in a long time. If he can do that, I am sure that he can prevent the addicting to crypto so he can have another time to do another thing.

I think it just needs time

It may look and feel a bit counterintuitive and against all reason but you may actually want to give in to your passion for the time being as the thought of doing something wrong is probably more damaging than your relentless trading itself. Sooner or later you will understand that the results are not worth the effort applied (since otherwise you shouldn't be complaining obviously), and then you will quickly come off this dope in an easy and kind of natural way. You will see that you are overtrading and in fact losing longer-term profit opportunities

Although it is difficult, he could try to learn to control himself so he can be able to prevent the addicting. We know that will be though, but with the strong mind, I am sure that he can reduce his time in cryptocurrency and he can use it for another thing. It is not good for his health too if he stays for a long time in the cryptocurrency. Besides that, he should learn about time management so he can make a schedule on how much time he needs to stay in the cryptocurrency.

Actually this problem is really simple to be overcome. OP has to decide to choose being a day trader, weekly trader, short term investor or long term investor just it. I believe until now he didn't choose them and even he didn't know some things that should be done if he chooses some of the strategy for his money. He just look the price movement without know the strategy to overcome the situation. I'm sure if he choose one the startegy and he try to learn more about it he will not reveal that he is an addict to cryptocurrency but he will assume that cryptocurrency is a job place to gain money.

I think that is insane because that is very serious addicting to crypto. You need to learn about how to manage your time so you can get your normal life back. You should have another thing to do and don't watch your phone, try to keep yourself busy so your mind doesn't think about crypto, and you can prevent from the addicting. Maybe you need to talk with other people so you can distract your mind and the most important is you need to have a strong will to prevent from that.

I don't see any mistakes or wrong if you are a crypto addict. Meaning it gives profit and good benefits to you, and this the reason why the word
"ADDICT" was made. But if your addiction don't give any benefits to you I think better for you stop and find an alternative way for you not to become remain addict with it.

Time management and a strict self-awareness actions would be needed on these type of cases.Addiction can be classified on all sorts of things were we do already have excessive time spent with it.

If you are already risking or having no balance into set of things that you must do then you would need to control it up.

I agree with that. I think if the addicted can bring the benefit as what you said, it will be no problem for us and even we could use more time to earn more. I think the addicting to cryptocurrency will give us a way to make more money and more cryptocurrency if we can get them in the market which we can sell it when the price increases. So I think we don't have to prevent from the crypto addict and the important thing is we can manage our time in crypto so we can see our life is not about crypto.

Just get satisfy yourself then only you can recover from any kind of addiction.Money is the main reason for people are intensively combined with crypto market so they need to learn how to make profits in less number of trades.

But remember working too much will make your future bright if you are going on the right path.

Crypto addiction? How can we say we are crypto addict? Is it a basis if we always look at the chart? We are just monitoring the ways bitcoin is leading to. OP, if we are winning at crypto trading, etc then we are more eager to learn more and spend time in crypto space. As long as we all know our limits and we know how to control ourselves, it is noy addiction.

I don't know why op should be worry because of becoming addicted to trading. If you are succeeding then why should you be worry? If I am making it in trading in a big way I will leave everything and focus on trading because it can make one rich than any field of endeavor you can find.

Addiction actually comes in different forms, I understand your own view of it and I understand what you are trying to say that whatever you are with for the purpose of making genuine income is not an addict, but really, everything as measurement, even if you doing things to make money, it has to be moderate, life is not a matter of life and death.

There is time for everything, someone who is staying up to 19hr on a system is seriously even addicted to the system and not the trade alone which is bad because this could affect the body chemistry and make the brain and body to shut off when they are not to do so. Even the engine the whites designed to function from time to time without rest do short down sometimes, talk less of a body that has been design to shut down when tired.

Any kind of addiction is never a good thing. Now there are some factors you will have to look at. Are you wasting your time looking at the market or are you making some good profit and your living out of it? If it is the former one, then you need help. Try to focus on something else. Just forget about the market and concentrate on doing something you like during your leisure period. If it is the latter one, then there is nothing wrong. People work from for hours every day to make money. This does not mean that they are addicted to their jobs. This is just what they will have to do to survive the world.

We can make it for sure if we want to step out from hell. Actually, we can make it by ourself, only we need to open up our minds and think what went wrong on our self..It sometimes we are just blinded by the truth and we never realize it until someone could tell us where we are.

if you are addicted to something that is very difficult to get out from that that is the fact also if you want to get out from that you need the support from the other persons who supports you that is the very useful way for you to get out from that.

I believe the op will not just sit on the computer and be watching the system like movie, he must have surely been on the system to monitor the trade e is doing or probably learn one or two additional things, and the more time you spend on trading is the more you become better in it, and I am sure that there will be a time when the op will spend less time on the trading when he would have mastered everything.

I was once like op too that I became addicted to it kind of, but I had investment already which I to monitor day and night in other not to miss any trade, I never knew then that I could use all these stop loss and profit tool, but with time, things became a little bit easier and I find myself spending little time now on my computer, but that little time is always worth it.

Agree, it's very easy if you just talk right. You're right that all addicts are definitely want badly to quit, they have a great desire to quit, but what has become a habit will certainly be very difficult to change, even if you want it to change. You need a lot of treatment to avoid and get out of it.
but the question is whether crypto addiction must be removed? is that bad ?

No one do anything, without seeing profit in it.
For the people who spend most of the time online, do so that, they can earn extra money.
They Just look into the markets so that, they do not encounter losses.
If you ask me for any prevention? Then i can only suggest that, to trade only stable coins, where the price don't fluctuate a lot.
Hope this helps you.
Good luck.

If you learn the simple fact that market will continue to live without then you will have easier time relaxing. Now there are stuff like sell orders and stop loss and buy orders and what not all thanks to improved features of exchanges that makes sure you can do whatever you want for the future of your coins and that would basically mean you can be offline and not have to care about what happens to your money since you are all set with your orders. That way you can just leave it as it is and do whatever the hell you want and not care about what will happen to your coins and not check it.

Market is not gonna change suddenly just because you are watching it. That is why if you can get into that mindset, you will not even be an addict, it will suddenly slow down and stop.

I think that is the worst I have heard of their crypto addiction and I highly advise that you consult a specialist in psychology or whatever that is good in that area. But if you want to take my advise is don't put apps or bookmark website anything related to crypto in your smartphone and just check it in your pc. And also practice to have a distraction like a good show that you really like.

Recently I've heard there is a clinic for crypto addicted. I consider for real that I am addicted to crypto trading. This is the most important part of my life and sometimes I prefer to replace real life with trading. I wake up at nights to open or close position, set up alarms and so on. Am I addicted?

I think if you are a full time trader or a successful scalper, you can't avoid spending more time in trading. But you have to know your limit because anything excessive always produce bad consequences. Traders should remain in control of self and should stop or pause when the limit reached and there is no one can help you but only yourself. When they say trade only the amount you can afford to lose, then you can also do the same by trading only in your given limit.

I myself have this addiction problem in monitoring the price on the exchange app in my mobile phone. The problem is getting stronger not because I can't stop trading but there is just the need to earn money here. You would be busier with trading with some tokens you trade are not found in one exchange, I stayed on binance and one token that is only listed on gate.io has made me spend more time. SO what I did is leave other tokens behind and stick only to BTC and then trade to on exchange alone.

I think this is the same situation of a drug addict, because if you want to change life of being a drug addict the better way to do of the drug users is to stop. Same goes with your situation problem, if you are a crypto addict and want to be free from it, well the best thing you can do is flee from crypto trading, isn't its very simple?

hes talking about the addiction when u need to check it all the time, normal stock exchanges have this problem to but its not open 24/7 as crypto , so you can see how this can be a problem and make alot of people lose sleep becuse its always something going on in the crypto space that you can miss

Help your self bro.discipline your self.only you can help to be in control not into addicted.crypto we know is just a thing you should be the one who will handle your life.control your self as early as you need so you wont regret of what will happen to you.being adducted can cause desease so take care bro set your mind into a good will.you always have an option what you want and what you need to do.goodluck!

That is the only way that he can do to prevent to become a crypto addict and he needs to have a big effort to start a new habit. But I think if he becomes a crypto addict, he can have a new way to searches a new source of income for his life. And by doing that many times, he can get more and more profit from trading and the other way so, in the end, he can have a lot of money too. But he needs to take care of his health because become addicting in anything will make him forget about his life and if he loses the balance for his life, then it will bad for his health too.

That can also be a reason for you to do better so you can achieve your goals for your family. Spending more time with cryptocurrency is not good, it can make more stress to you and you might miss the other important things. Day trader doesn’t need to spend a time like this, have a time management and you’ll be ok.

Having your normal life back could equally means that you are ready to remain poor except if your presence or activities in crypto currency community is not making you any money at the end of the day. To me, the number of time I spent online with crypto currency activities Tuesday more money come into my wallet and that is my joy since the year 2016. But if your own presence or activities in crypto currency is not yielding anything for you then you need to really look for way out then.

I think isn't an addiction focusing to monitor the market because is important for the trading job to avoid losses,  people focus and get hard work to earn profits.Trading is professional job theres nothing different from other professionals job to go give quality time and focus how to become successful. So if you think your an addicting to give more attention in this kind of job find another alternative ways to forget for awhile.

Very often you should think about your future life and future results and maybe then you will start to spend more time with your family.

Crypto earners is a big choose for those people who need some big money to earn in crypto so they are always addict in crypto I'm also 3years in crypto and until now im using it to earn some money.

Yea, a lot of people deal with this, it's day-trading. Everyone has FOMO fever and feels like every second they aren't doing something they are losing money. When in the end, the sheer volume of trading is what is limiting them from having an actual life or making any real money. Day-trading is never an efficient strategy, no matter how you look at it. People need to wake up and realize that.

As long as you are not forgetting your responsibilities and you are affording to materialized with this venue of profiting then you can continue working
around, just keep your mindsets being positive and not to allow too much stress to penetrate your emotions, from that point you'll be able to think wiser and to keep continue what is best for your benefits.

The crypto market is a high-risk platform, where cryptocurrencies are constantly changing, their rates change direction several times a day. It is the situation of constant risk that is most likely the development of cryptocurrency dependence. I think that you need to relax more, spend time with people and then everything will be fine.

I know that feeling dude. It will not stop not until the bull market stops. I remember that after entering in a bear period, I become having no interest to check everything about crypto in a few months. So for me, I won't stop you if only you are profiting and not losing and having lots of loans everywhere. You  are acquiring many information by just becoming active but just don't forget your responsibilities.

There is more to it than just the will to stop. I'm sure a lot of these people badly want to stop, but there is nothing in their life that they can focus on than in this case trading/investing in crypto currencies.

People that manage to stop do it because they can focus on other things, but when you don't have anything to live for (I know it sounds serious), they will keep doing whatever it is just to stay busy.

An addiction always has an underlying cause that people from outside the circle of the addicted person tend to ignore, hence keep saying why don't you just stop, it's so easy when you really want it, and so forth.

Then whenever you feel tired just stop, you need to have control for yourself and to be honest your addiction could make you very rich, so its not a bad addiction, but if you feel already too occupied by trading then set your time to trade and whenever its not the time to trade just go make another hobby do other activity

Then try a different earning mechanism to observe the outcome, I believe you must be referring to day trading on your OP as most crypto addicts result from inexperienced individuals engaging in daily trading. Try becoming a  hodler (that's an investor) as this will reduce the number of times you visit the screen (via mobile or laptop) to view the price of bitcoin as it results, help in control of your addiction.

You're addicted to checking the price of bitcoin as a day trader. Therefore finding a solution that doesn't involve been obligated to stay updated with the current price of bitcoin would be the perfect solution to your addiction.

I once came across an article where someone wrote that he is a pro trader but does not earn money, don’t think it is everyone that you see on that trading platform 24/7 are really making money, because if someone like op is, he would know that trading becomes sweet when you are constantly making it from there. Who would ever want to stop the source of an income when we have lots of people looking for such opportunity, although everything has to be done moderately.

Staying up to such amount of time is quite dangerous to the health, the body needs 8 hours of time to shut down every day, at least 7 hours minimum in other to regain the strength used for that day back. Most successful business man when asked, would tell you they sleep 10:30 pm every day and wales up 5:30 am every day in preparation for the day job.

Saying stop does seem easy enough, but it's hard to do for people who are already addicted. I myself was once a victim of that addiction, well it's very difficult for me to get rid of that bad habit. But finally I found a pretty good way, namely by busy myself with other activities, such as sports.

But if it feels like a failure and the addiction is at a heavy level, then it's better to go to a psychologist to ask for the right advice to overcome that bad habit.

Are you making money from your addiction, if yes then i will comment that it is a good addict. Many people spent valuable time daily on video games, social media sites without paid. I desired to be addicted to trading, reading and studying crypto currency and on this forum especially the trading and speculative sections.

Are you sure that's all they do on their mobile phone? I don't think it's just that. If they are doing that, then it's okay in a way, because it's for their well-being. They are trying to earn more than what they have right now. Trading hopefully could bring a different approach to that.

For the comparison that I have, I think it's better observing charts in TradingView, rather than spending a lot of time in Social Media. Think about it, there are a lot of kids, and even adults are into smartphone these days.

It`s almost impossible to be active so long everyday. When to eat and sleep, to not mention all other activities? I don`t believe this newcomer, nobody spends so much time with anything, sitting in front of monitor, watching numbers more than couple hours is a lot, 18-19 hours is too much in every way.
Learn to set up buy and sell orders and you will not have to spend so much time online, or even better buy some trading bot to trade for you and you can concentrate on something else.

Lol, you should expect that there will be some level of exaggeration in it so that it can catch the attention of people, you see, I am sure that is what struck your eyes that made you to comment too, Am I right? I guess he is just being creative, because I doubt if it was possible for one to stay that long on what is stressing the brain, even if one is making money through it, it will be impossible to cheat nature, the body must send signal for eating, signal for toileting, signal for taking a nap.

So there is no way he would just sit down there on a system for that long when we have many tools that he can set that will make it easy and relief him of the stress of trading manually. The only time I found myself staying that long on a screen was when I was watching PRISON break, I almost took a whole day sitting right there without taking my eyes off every episodes.

18-19 hours a day? That is too much dude, you really need to get out and not spend most of your day just sitting and making trades. On the contrary, not just health wise, but money wise as well. I mean you can spend that long hours but for what? how much? Learn how to manage your time, and there is a world outside of crypto that is really very very important to all of us.

I consider that as job dedication and it actually happens to me very often in my office job and it is the same thing with crypto. We are just giving a huge concern to our investment and spending much time with is not that we called addiction. Perhaps, many investors succeed because they give much time in their investment and that's supposing I want to do so.

I haven't really checked the definition of addiction but I believe anyone making money from what he/she spends time on does not qualify as addict.

- Do you spend so much time on trading but don't make enough money? it is probably addiction.

- Are you spending time learning trading? this does not qualify as addiction.
- Are you making enough money from the plenty of time you spend trading?  It is definitely not addiction.

   Exactly, anyone can prevent from being addiction if we're restrain our good and liable behavior. Also, with high attachment on earning quick profits will lead to act aggressively that may fall into anxiety. But trading is about individual statistic to avoid addiction.

It is really important that you treat trading with a healthy attitude. Remember, if you are not in a healthy frame of mind when trading, you will lose money, and if it becomes an addiction, you will lose big money.

I personally never trade when I am on the move. Probably because there is a lot going on around me, and it is impossible to concentrate. I usually spend up to an hour before making a single trade. Planning is important.

Crypto addiction is really possible which can be seen more especially in newbies because they are more eager to monitor the price charts and forget to give time to their own needs.Self-discipline and self-control are the best means to prevent from crypto addiction.It's not bad to focus more on crypto as long as you do it in the most positive way.

That's right. See all the developers who actually spend real time building and improving their products. They're not on the markets constantly checking. They're giving lectures, giving talks, spending time in the lab just working things out for us. This is why I never trust those so called experts who're looking at price or even know how the market is. They're thinking of profits, just like traders and speculators.

And if you're making massive gains on crypto, it's mainly your luck, this is the other important thing to appreciate. Have a job a proper one. Learn and earn something solid.

Turning his back on what ground? Is it on the ground that he is not making money or the ground that he is wasting his time? I don’t see reason why he should see what will add value to his life in future as issue. We have lots of trader that trading is what they do for a living and they earn a lot of money from it, the op is simply just investing in his future.

It is not all jobs that has simple task, some requires lots of dedication, and trading is one that really need dedication if one is to make it, and one of the dedication is time, anyone that has made the decision to go into full time trading should expect to really tie a lot of time down and should not because of that see it as an addict, that is what it entails and that is how they can successful earn much through it.

 I think this is a very ordinary market and we should not be labeling this a kind of addiction that might send out a bad image or message. I have been in touch with people who made huge fortunes in crypto and they are enjoying normal life like anyone among us. They are not addicted at all. So if you think that you are addicted due to the crypto magnetism, you should make up your mindset and set limits.

No matter how much time you spend in trading if you make money it worth it. Trading has made many rich and no need to wake up early for work. You now decide you time and how to use it. If with my smartphone i am make good money what is the need of complaining  about time. Many people are unemployed and some are looking for jobs and you through skills can now maneuver the market to make profit at the comfort of your home is it not good than work for someone or unemployed?

You can stop trading amd start mining bitcoin. More people start to use bitcoin for their transactions so miner is very needed in cryptocurrency world. business oportunity in this field are still widely open. If you feeling worried, exhausted and spends a lot of time in trading then mining is good choice for you.

LOL, you mean to say that for 5-6 hours a days, you slept, you eat do your chores and then just sit in front of your computer all day long? I don't know if you are bull shitting us here or really telling us the truth In any case it's simple if you wanted to return to your normal life.

Stop, simply as that. Just like any addiction, if you have the will power then you can overcome your addiction. Worst case is that you seek medical help, but there's no need for it. Just quit !!!

Nobody is after your normal life, just that you are not the type for this business and not capable of be a trader, you must have been a lazy fellow, sorry to say this mate. Am a trader and still live my normal life to the fullness and surprise that you are complaining of been a trader. Remember that, no pain, no gain.

Is the kind of life you have right now is something you really do not want at all? If you really want to learn more about crypto and you simply want to keep yourself abreast of all new updates, there is no problem I guess. You simply have to reduce a few hours from it. Probably, you spend those exercising or doing something else apart from crypto. I myself am absorbed with this crypto thing.

There might be people spending 18-19 hours per day into gambling and other activities. I don't think there are users spending such a long time regularly into trading. One can't stay focused on anything for more than one or two hour. Even if that's true that Op has been spending 18-19hours on trading what will be his profit end of the day will be nothing. Better he can go with a day job that will keep him healthy.

Much better if you sell half of your crypto and hodl the remaining in your wallet please stop trading and find another job or invest in a new business on your own if you are tired enough watching charts in front of your computer everyday then you must change it for the better, your addiction to crypto must be stop to avoid future problems like depressions, lots of stress etc or something related sicknesses or you can consult an expert related to your problems regarding crypto addiction.

It's almost impossible to return your normal life as long as you hold Bitcoin or other crypto currency on the exchange, because only you are responsible for your financial decisions. If you do not watch the crypto currency market, you are unlikely to gain big profits. Looks like you dedicate too much time, spending over 18 to 19 hours on the exchange. To prevent addiction, you just need to learn how to manage your time.

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This is a good advice. Obviously, day trading consumes too much time of your life. You also can transfer all your BTC coins to a cold wallet and become a HODLer.

If you really want to be free or prevent with it, I suggest you to stop making trade in crypto. Because as long as you continue to trade with crypto while you can't able to stop or controlling yourself to trade in the exchange, I doubt you can prevent it.

Yeah, spending much time in crypto isn't just enough to call it an addiction, people are giving concern to their investment that is why they keep on track.
I did it and I'd never found my self into that thing and this a way we feel secured when we saw our investment every now and then.

Yes, you are right people shouldn't think too much of how to gain profit by keeping their time in order. This could prevent them from falling to the addiction, a very well organized time except for priorities but please don't make trading as your priorities you will still fall for addiction. Trade according to the trend although it is time-consuming if this is your first time but it is worth it to master and try.

Lol, when I was a beginner in crypto trading, I used to stay up late. However, I don't know, it's like gambling, you became addicted. But there comes a time that the excitement is no longer there. And I think that health should come first. That's why I just trade in my normal hours, and take a good 6-8 hours sleep daily so that I can function as normal again.

Am I an addict? I don't think I've ever been addicted to anything. But there's certainly never been anything I've ever been absorbed by as crypto and that's because it has everything - drama, riches, disaster, innovation, scepticism and it just might change the world. It's hard to think of anything else that compares.

Those are addicted to trading are maybe a little different. It's not creative and may well wind up ruining you. If I felt I had this problem the first thing I'd probably do is go and start living out the things I'd always wanted to do presuming I'd made some gains. That's the whole point of doing it, no?

Once you've fed your mind and soul with something nourishing perhaps you'll gain some perspective and focus on other areas too.

It never emphasizes that spending almost 24 hrs in crypto looks like to be in addiction, they only just showing to much care with their investment and to know the market status. And I don't see any wrong with that and I did it myself also. It is very important to know where we are now and how our investment working on.

I don't think that's a problem, addiction to what can produce a profit is good and if it continues it will certainly be very useful. Different if you are addicted to it that can harm your life. So, to overcome addiction like you, I think it's just to try something else that can reduce your hours to monitor the market, at least by having a higher social activity you have controlled times and make it more balanced.

You can try to find some other occupation that it too took away from you a certain time. This will help you not to think constantly about trading and maybe you can overcome your addiction.

I think if you are a learned man and you have been in the business world for some times now, you would not fall a prey to crypto predation. I believe that it is purely the appetite for money and the returns from your investment that you expects to make you rich that draws you in the circle of addiction. Try to have a normal life like many other crypto enthusiasts.

You can do nothing with that. What concerns money and your profit almost always makes you addicted. The only thing to prevent this situation is to get rid of all your crypto. Otherwise, you will always check your wallet and afraid to loose your money or hoping to grow your profit.
Now you are crypto addicted. Stay strong:)

The truth is everyone checking market is either a trader or a speculator. It's important and very good to make money in crypto if not, will be a waste of time and waste of funds. If you make enough good money from crypto, you won't see it as addiction or time wasting g. Untill you make massive gains on crypto, you won't appreciate the difference it has to 9-5 jobs.

You can take it easy if you feel you are having a stressful day just because you want to do the trading. Just learn to relax, the market is not that fast to move yet. Most whales are using bots to trade it for them without the hassle of waking up for almost 24 hours. Just take everything to its easy pace and don't think too much, just chill out if you felt stressed.

Addiction on crypto for me resembles too much hard work, unlike if we compared it with gambling it's more like greed or possession. That's right we need time management in order to schedule things according to priorities and time is very important to keep your busy life synchronized. Its all a matter of organizing things right, and if you can't get rid of being addicted choose to be a holder and minimize being day trader.

It is certainly good that you seek to improve your financial situation, but this also need to know the measure. I think that such an active trade will not lead to anything good. You should first of all take care of your health and your emotional state. Try to stop trading from your phone. Trade only with the computer. After all, we spend more time on the phone and thus you will try to reduce your dependence.

Its considered business yet we are dealing with money on here and we know trading is an investment not just like

gambling which is solely being created for sake of entertainment.So both things aren't really comparable in terms of this one.
Theres no need to prevent or avoid yet this one can generate out profit if things goes well.

Having a hobby can solve the mentioned problems,daily life should be able to break the cycle(Trade,eat,sleep,repeat). After reaching highly dangerous level of trading I use special softwares to make a trading positions for me. My best choice is to use automation in this case.

They say, where your treasure is, is where you heart is, no normal person will just keep focus on the market without having a treasure inside which is their investment, or using it to make money,Provided your focus in on the market to make money, I think that is a sweet nice addict. Many people you see on their system several hour are traders, especially those who are not using their stop loss tool o profit taking tool built on the platform to trade, they rather prefer to trade manually.

These people are therefore required to constantly be monitoring their trade so as to know the spot to buy and the spot to sell so that they don’t miss that slight opportunity that may elude them when they take their eyes off the trade, that is why I always advise traders to endeavor to make use of some of these facilities already provided by trading platform to make trading easy.

You are trading for 18 to 19 hours a day? I don't believe. It's impossible.

Between those times, surely you do other things. So how's the profit?

Want to have a normal life back? Then be a "responsible" trader. There are lots of successful traders today that doesn't even deal with the market the whole day but still getting a nice average in return.

Why prevent crypto just to have a normal life? Help yourself.

my advice is to manage the right time for trading time. and maybe you should find the right time in trading so that you are not too often addicted to crypto and can set crypto as needed

let's look at your post to another angle, let's talk about WhatsApp, how many hours do people spend on WhatsApp? probably many hours, and these people are addicted? probably. But here comes your case, I believe you use WhatsApp, how do you divide the time by spending several hours on WhatsApp and other social networks and still get 18 hours to look at charts to watch the price? that's not possible. You must be deceiving yourself about the time you observe the price.


I agree

It is good to be addicted to something that is good, but those, who really spend up to 19 hours watching the market are sick people. Only psychologists can help them...or they need to find another addiction, eating not so much time.

OP, if you're that addicted of a trader (and hopefully you're not losing your shirt), the only thing you can really do is to just stop.  That's what I'd tell anyone who's addicted to booze or drugs--easier said than done, but it's the only way to stop an addiction/compulsion in its tracks.  If I were you, I'd probably sell everything you've got and convert it back to your local currency.  That'll help you stop watching the market.

I used to obsessively follow the stock market, and I owned a lot of stocks at the time.  There came a point where I had to sell everything, and believe me I didn't watch the market much after that.  When you've got no skin in the game, it's so much easier.

not every trader like that, must be in front of the market. we have to determine our trading time, for those with long-term or medium-term trading, there is no need to look at the market at any time. or we can use stop loss and take profit

If you learn to make a plan before you buy a coin and follow it, your quality of life will improve significantly. You also need to learn to take control of your emotions and cultivate peace and patience.
If you are a daily trader, then you need to start trading on longer timeframes. This will allow you not to worry so much about what is happening every minute.
Observance of these recommendations helps me to live a full life and not to spend most of it in tension and worries. I trade on 4h, 12h, 1D and H time frames.

There is a lot of ways to have your old normal life back it is just up to you .
You could always take a break in crypto world and relax but most of us just doesn't have the time to do it.
Most of us needs to earn money to have food in the table to sustain our life not everyone could just relax because they need some money so even if they wanted to stay out of crypto they don't have a choice.

All good comments and an important thing to raise. Bit of a personal post as this is such a critical topic.

The team here have traded stocks and shares, commodities, currency, binaries, we've spread bet and ICO'd and no doubt more. We've trained in technical analysis, fundamentals, charting and applied that to all manner of trades.

It's easy to get drawn in, being at the desk for 7am and spending more and more hours reading the news, twitter, feeds, forums, papers, telegram, etc. Catching the markets opening to assess initial direction, place morning trades, hedging on moves, shorting the bad news, etc. Get to 4pm as the EU and UK markets close, but the US is now trading so assess what's happening there, what reports are coming out, how will it affect the Asian markets when they open on the news. Oh, but we're looking at the 24hr markets so there's never a time to stop...

Then along comes crypto. All the above magnified by 100! The trading opportunity of our generation. Wealth creation where the 'youngsters' and tech savvy have the advantage over big money. Gotta get on it while we can!

It's too easy to get sucked in even where you're not really an addictive type. Hey, you're not weak you're hard working, committed, ready for the grind, happy to put in the work.

But please stop for a moment and let the grey haired one share one piece of wisdom!

Develop a Trading Plan and stick to it.

It will help avoid FOMO trading, emotional panics to market moves and help you hone your approach. No trader in the real world operates without a trading plan. People without a cold, hard, rational trading plan are gambling amateurs.

Please search for 'the importance of a trading plan' and spend an hour reading/watching, then build your plan.

These are the trades of my 11yr old son on an IG Spreadbetting demo account - using his trading plan. Bit of luck, lot of sense. (he's better than me!)
https://i.imgur.com/Prg686k.png

If he can do it, you certainly can knowing 10 times more than he does and being far more mature.

You can succeed at trading. Just don't gamble - trade and invest by executing your trading plan.

Regards,

CBF

i used to be like that , could not resist checking my phone of updates on price , and when i was sitting at the computer i had a tab with the price, you just have to force your self to not do it , the hour to hour price is pointless , check like once a day its enough to keep you updated.

Maybe you should just accept that the business you’re into has a lot of risks in it and be ready to lose your money as well, then you wouldn’t one about checking the price.. Cause I don’t even see anything wrong with using your phone to check crypto prices there is nothing wrong with that dude… or maybe you can get a wallet that has price notification, just like Coinbase wallet so that you can set prices notification and wouldn’t have to be checking prices all the time… rather you will be notified when prices goes above or below your settings.

 If you're being addicted with crypto don't stop it, but rather manage it. Crypto addiction begets financial improvements, and it's totally different with crypto gambling addiction. If you're doing well with crypto as being a hodler of promising coins, collect them all and don't sell until such time it became worthy to sell for good price.

Well if this addiction is giving you profit then I think its not really bad because you gain something from it even you spend most of your time monitoring the market. However if you're just addicted because you want to earn but often failed then its time for you to change your strategy.

Set a limit on when to monitor the market or instead of doing regular trades change it to long period hodling. In that way you dont need to become updated all the time since you set to have a target price on when to sell. You just need a self control to refrain yourself from doing what you used to do everyday.

That is the catch, everyone is here to make money. That is why we got addicted to it. Specially during the last bull run of 2017, I'm sure a lot of you stayed up late and doing your trade. I know this because during that time a lot of users are creating thread saying that they quit their job to focus on earning huge amount of money.

But for what price? Your health and your socialization? Personally I won't that route, I'll assume that the OP is still young, life is full of adventure, snap out of your addiction and I'm sure that one day you will appreciate that you did.

Put in automatic weekly or monthly buys. Set it for a year and walk away. Don't look at your account for 12 months. Do other things with your life and let your investment work for you.

For me addicted into crypto was not a problem.hehehe this is just for me.you are addicted because you want to earn money.well I know that being addicted was bad in our health specially your doing of 19 hrs in front of monitorung crypto.only 5 hrs left to rest.This can cause unhealthy body.what the use of earning such money from crypto if you will get sick.
For this matter I advise control your self.manage your time.give give some time for your self for your family for God and for crypto.have a note to alarm to do things not too much focusing into crypto.yes it is important to someone who wants to get a easy money but you have into control.its up to you when you should stop and go on continue trading.dont be so greedy to get a big earning money.do it slowly not as being addicted.

I think everything is about how we control ourself. By the way, in trading if we get addicted and can keep to train our skill, it will be advantage for us. But might be different if we addicted in gambling, because a lot of bad affect will come with it.

Self-control is all you need.Put up a restriction in your time on how much time you would only spend on trading but yet we know that opportunities on the market doesnt have corresponding or specific time thats why we do randomly look everynow and then on the charts.I cant really blame to that but anytime you can make money out of price movements.
If you do see yourself as an addicted one then better to lie low on trading activities and divert your attention into something else.

It depends on your thinking and orientation and your interests. If you are a person who likes to work in an open space, without internet, you can do other things.
Don't try to do a job you don't like, because you won't be able to succeed and your life is depressing.
But it is very simple for stress relief, you can walk around, talk to your girlfriend.
everything will return to normal and you will start to work happily the next day.

This is the most generalized bullshit you get when someone dislikes something, stop trying to make people run from crypto.

I only spend one or two hours on trading a day, often less. If you are putting hours on hours into watching the charts, then you are likely doing it wrong. If you have an emotional investment in a trade like that, lower your position size until you don't care about it as much. Being emotionally invested into a position often leads to poorer decisionmaking that can influence whether or not a trade ends up being a loser or a winner.

Find something else to do that fills the time. I like to post and read articles here and elsewhere sometimes when I'm not trading, and I also enjoy doing various other outdoor activites this time of year. There's plenty else out there to do besides trading.

18 to 19 hours per day is too much time, and on long run it can have very bad consequences on health. Personally, I think that everything over 8 hours per day and one day off is too much. You should just have to decide that you will not spend so much time online, and find some hobbies which will occupy you so will not think on trading.

It is better to prevent some addiction, then to deal with the consequences later. It is all about how strong are you in head, can you one day wake up and say something like "I will stop smoking"? Few people have such strong willpower, others fall into the abyss of addiction and they need to seek professional help or live with addiction.

Well you can still have your normal life back, just set a time when you need to use your mobile to look on the market movement, although you should be on the market time to time because you are doing a trade it is not a normal thing to be online 19hrs a day so the best thing to do is to set a time for your trading.

If trading is something new in your life you have to spend a little money for it. Don't trade with a lot of money because you will know comfortable with it, that was happened in my life. When I was new, I spend around $1000 for trading bitcoin because my intend was I have to get a lot of profit in a short time. So, I only set a profit price when its price had been increasing and I'll sold quickly when its price had been decreasing.

I never use a long time frime such one day or one week, I always use 15 minutes time frime to trade. Until I was aware that was not good for me, so I found some factors why I did it and the answer is knowledge. Because in trading field you will take a long time to make a decision between buy and sell and when the price will touch x price in the future. Eventually I can understand it and at least it has been made me comfortable even I choose one week time frime.

Right, trading can be addictive most especially that trading can give you big profits if you do it correctly. In my opinion, it is possible to make big money in trading but that is if you trade accurately because if you don't then you will lose instead.

Get some life/hobby, stop being a short trader then you will not be addicted to crypto. Use your management time only spend your times at crypto with around 30-60 mins if you an investor, but if you a full-trader I will not surprise he spent his time around 10-15 hours only to read the chart.

I'm a fundamental analysis, honestly, don't know how much time needed to read a chart. Long term investment would be a good option too to prevent this addicted.

Have to change their mindset will be the best solution. How this thing(money) influencing our mind cause in gambling is really hard to stop especially when we are seeing money inside our pocket.
Will all our doings can't be bad actually even we are spending a lot of time in gambling. And the most important is, we know our limitations and the palce to stay.

Don't invest/trade with money you can't afford to lose. People often become obsessed with the ticker when they are underwater because they put too much on the line.

Zoom out and watch the long term charts. The daily, weekly, monthly time frames. Moves that look like huge pumps and crashes on the intra-day charts look tiny on the longer term charts. Check the daily/weekly charts a couple times a day. It'll start looking pretty boring after a while!

Finally, if you survive this market, you will grow out of this. I used to watch the charts many hours a day, alarms going off in the middle of the night, etc. After a couple years I burned out on that and got more sensible about my trading habits.

You should try to stay away from your computer. You can try to build a new habit that needs you to stay focus on your works. I am sure you can do that because I see many of my friends can prevent themselves from staying at their computer for a long time. Perhaps, you need to meet your friends or gather in one place, talk or discuss with them about anything so your mind will distract to think about trading, market or cryptocurrency.

Sometimes I used that way to prevent myself too because I don't want to look busy for my works and I need to meet many people to make another experience for my life. I hope you can do the best for your life and don't too busy with your life. Your life needs to be a balance between your work and your personal life.

I don't know how I would define crypto addiction. Is it if you spend hours and hours in front of charts analysing the market or if you spen the whole day at exchange? And I.guess that the definition is not the same for traders and ordinary users.
Anyway, I guess there are some signs like compulsory behaviour, or investing too much money despite losses hoping that just next trade will make you rich. If anything of these is something you noticed than is better to move away from cryptocurrencies.

if in my opinion once to prevent people from buying crypto eyes because they have got very large results with a short time so it will be very difficult to make people stop adopting crypto again until he doesn't have the money back then it can

As long it doesnt affect too much your life or doesnt compromise your daily normal living then i dont see for it to be a problem yet this kind of addiction isnt really that
be considered to be severe.Why? You can possibly make money out of it and its much better than to be addicted with gambling.Just stay focus and dont mind too much as long you dont forget your priorities in life then it should be fine.

The reason in my opinion that some people spend that amount of time on screens watching the price charts, is because they take trading way too seriously, they quit their job their life just to focus on something that they could lose in just a simple mistake, i feel that the solution is to take it easy, to consider trading only as a hobbies and extra income on top of your everyday job which is what is supporting you and giving you a steady income, and trading does not have to take 24 hours you could just take an hour to tow to check the price or you could set notifications to your phone whenever the price changes.

This is the kind of addiction i want to have if ever being addict to something are required in this society. I dont thing being obsessed in the market is threathening because its just an indication that youre dedicated on your goal and you want to make it successful. Being addict to financial opportunities are better than anything.

Every addiction is connected to the lack of self-control the person has over his decisions and actions.
The addiction is created in your subconscious mind,which is responsible for all the habits.
You have to take control over your mind and force yourself to change your habits.
The simple answer is-just sell all your coins and quit crypto trading.

If you become an addict, it means you don't have any discipline to control yourself in it.
Especially if you know to yourself that you have a lot of money to buy coin in the exchange, which is nothing for you or its fine
if you lose due to its not a big deal at all. So, the better way for you to prevent it, I think you must control or maximize your coins or capital
you have for trading.

The problem only in you, you are in control of yourself.
Crypto trading so far can't be addicted especially when the market itself consider as volatile market so it's difficult to make consistent profit

( the story will be different if you're gambling )

One of the solution is to enter the market at the right time which is also a difficult task because you also have to monitor the happenings in the market from time to time and see for the position. So is just a life that traders will live. Bankers too are committed to seeing customers and handling their money while the medical field deals with their patient.

If we are able to get the right spot, reduce our risk appetite and set out take profit, it will hit our profit on time even when we are not on the system.

thats the major disadvantage many trades face is sitting in fron of the computer for hours  solution many are developing algo trading and to do less day trading and more short term , like everything as advantages and disadvantages trading also , we can minimise it but we cant completely avoid it 

The only solution is to prevent crypto addiction is by making enough money in the less time period of a day because the reason why we spend time on the market is to make more money so satisfy it then you will be relaxed and it can be done through smart trading not going too hard for many trades in a day.

Trading is only what one perceives it to be, ranging from a profession all the way to outright gambling and a dangerous addiction.

If you see it as an addiction and want to get out of it then deal with it the same as you would with any other bad habit like smoking or drinking.

Therefore you can either lower the position sizes, lower the trading frequency, substitute it for some other less dangerous activity or simply quit 'cold turkey'. Depending on your personality and the way you see the world, one should work better than the other options. Experiment and find out what works best for you.

PS: also having fun activities offline with loved ones, in nature, with pets, kids and friends should help you get your bigger picture back and thus forget all about the addiction and mitigate the withdrawal symptoms, just give it time and keep at it.

Good luck!

honestly, it is getting serious that most people spend over 18 to 19 hours these days on systems and mobile phones watching the market, trading on the move with their mobile. the addiction is getting out of hand. i think i am probably getting into this kind of life.
what could be the possible means of prevention. i need to have my normal life back.