Topic: Investing Addiction. - page 2. (Read 1165 times)

Quote from: umbara ardian on May 06, 2023, 04:46:59 PM

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.

Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

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

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

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

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

Litzki1990

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

Undoubtedly we should have interest or addiction towards learning or learning something new. We should be addicted to those things which addiction will bring benefits to life. By addiction we mean something bad but can be addicted to something good. And we have to be addicted to that good thing.

Quote from: umbara ardian on May 06, 2023, 04:46:59 PM

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

If we become overly addicted to investments or financial income, that addiction can have a very negative impact on our lives. Because addiction to money income changes people a lot. Then the small wants of life will have no value. Then this addiction will become more important than your own family. So we should not be so addicted to these online investment platforms.

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Quote from: loopes on May 06, 2023, 03:38:04 PM

Quote from: loopes on May 06, 2023, 03:38:04 PM

Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.

Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

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

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

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

Iranus

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Yes addiction of everything is bad no matter what it is. We can say there is no good nor bad addiction, they are just bad. If we talk about investing, then best way to invest (without getting addicted) is to invest some part of your savings weekly or monthly into bitcoin. Just follow the DCA strategy then everything will be fine. Investing unlike gambling should be a good habit not an addiction.

Whatever form it takes, addiction is a bad habit. especially when it comes to money will make our lives financially destroyed. Most people who are new to investing or trading think that this is a shortcut to multiplying money, without having enough knowledge they are determined to do it, and the results are not what they expected, then after that, there is disagreement and curiosity. from their minds and indirectly they are not aware that they have lost a lot of money here. It all starts with addiction when you win and curiosity when you lose, so how is this different from gambling? I think most people these days are always tempted by the results without them knowing how the process.

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

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

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

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

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

umbara ardian

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

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

loopes

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