Investing Addiction. - page 3. | Bitcointalksearch.org

cafee_orange

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Quote from: Stepstowealth on April 26, 2023, 03:27:30 AM

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Gambling and investment have little in common in their addiction, gambling can make people addicted if it is started by winning in the game. while addicted to investing if someone gets a big profit in the investment value.
but keep in mind that addiction to gambling cannot provide welfare even though he wins a lot, but if the big profits are obtained in investment, in my opinion, it can give someone maximum welfare.

Pujangga

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Investing is like addiction and in my opinion this is not a problem, as long as we can control our emotions then we can continue to profit, but sometimes we also have to think realistically that investing takes a long time to make a profit and sometimes even loses, if we are not ready for bad things to happen then it will stress and depression.

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Quote from: Sterbens on May 04, 2023, 02:30:13 PM

Quote from: WatChe on May 04, 2023, 01:56:48 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.

Bitcoin_people

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Quote from: Stepstowealth on April 26, 2023, 03:27:30 AM

~snip~
just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

Actually my guess is that those who invest at first get addicted to it for a few days. Today's top investors are never so much addicts but trust their investments with special intelligence and knowledge. Investing is actually best for bettering a person's future but there are some investors who are most addicted to investing without thinking about their future. But think about the people who are currently involved in cryptocurrency and investing are the most intelligent people and I think they never get addicted to it. and investors will always have their future so investment is not their addiction but their addiction to spend for future good.

Now let's come to people who gamble regularly, I think gambling is a mental addiction. once a person indulges in gambling, it carries a grim future for him. Most people spend their money on gambling and gamblers spend a lot of money on gambling without thinking about their families. and once those who chase this tide are the most affected and addicted to it. Gambling addiction is the worst type of gambling addiction. So I think gambling is one of the most addictive sites but investing is not so addictive.

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Quote from: Ani1985 on May 05, 2023, 05:00:41 AM

Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.

It is always good to invest but investing should stop us to the right things that are necessary to our Health. Health should be the most important investment every individual should look into, because when their is Health it is easy to gain wealth. If we only consider to make profit in investment and neglect Health it can turn into serious problems that we warrant the money that have been on investment to solve the problem. Investing is a good thing but should never be a reason not to give serious attention to health.

erep

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Quote from: Bushdark on May 05, 2023, 03:01:30 PM

Investing is something we need to try as much to be addicted to which is going to help us in a long if we have the addiction of investing continually. Those who do not like investing are the ones that will always complain about several mistakes that they have made. I am the kind of person that like investing in something that may not have the value now but in the future it will have strong value. This is the way many people do go about there investment and it had helped many especially the early adopters of Bitcoin when the price was low.

Addiction to investing in crypto must be considered price analysis because now there are many choices of coins and relatively market conditions are in recovery so we have to be patient waiting for the next market correction to add coin assets to the portfolio, so it's different if someone is addicted to gold and property investment because they can invest whatever and anytime for low risk when they have income/salary from their work, but invest in crypto there must be patience to wait for the right moment to buy for low price.

Bushdark

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Quote from: Ani1985 on May 05, 2023, 05:00:41 AM

Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.

Investing is something we need to try as much to be addicted to which is going to help us in a long if we have the addiction of investing continually. Those who do not like investing are the ones that will always complain about several mistakes that they have made. I am the kind of person that like investing in something that may not have the value now but in the future it will have strong value. This is the way many people do go about there investment and it had helped many especially the early adopters of Bitcoin when the price was low.

Ani1985

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Investing is like addiction, those who are profitable will try to repeat it again and vice versa those who lose or get scammed will try to get money again, this is like a circle and it is difficult to stop, and in my opinion the most important thing when investing in crypto is understanding the risks that can experienced.

panganib999

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I can't picture anyone getting addicted in the medical sense over investing. Shit's stressful as hell and if I have a cchoice (which is a million dollars getting handed to me with no conditions) I'd pick the latter. You could argue that this could get into people who are considered as workaholic but I wouldn't agree over the simple fact that these type of people would always choose the most difficult tasks (correct me if I'm wrong) over monotonous and stressful ones.

In any case, Do all things in moderation. If you think you're becoming more and more prone to addiction, steer away from what you're currently leading into and do your best to seek hell and assistance so you can get back on the right track.

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Quote from: WatChe on May 04, 2023, 01:56:48 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.

bbigtart

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Quote from: Stepstowealth on April 26, 2023, 03:27:30 AM

Do you consider that kind of addiction dangerous and not good?

Investment addiction can take a toll on your health, especially your mental and financial health. because according to my understanding, investment addiction has the same impact as gambling, because they have something in common when it comes to the goal of greater financial returns. When you are addicted to investing, you can lose control over your actions and thoughts and tend to ignore the risks and negative consequences associated with unwise investments. This can lead to significant financial loss, and even lead to stress, anxiety, depression and other mental health problems.

Therefore, it is very important to follow the basic principles of sound investment and always follow the financial plan that has been made, and always monitor the risks and potential benefits of investment in a balanced manner.

WatChe

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Quote from: Iroh on May 04, 2023, 01:30:27 PM

I believe having an addition is immediately bad. Addictions are not good and I don’t know if any addiction that is good and actually helps us. Is there a thing like having an addiction to saving bitcoin? I don’t think that’s an addiction as you’ve either got the discipline for holding onto your savings judiciously or you don’t.
I haven’t seen nor heard a case of someone with an addiction of holding onto bitcoin without spending. There may very well be folks out there who do this.
Whatever the case, an addiction is never good as an addict is controlled by the addiction.

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.

Iroh

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Quote from: Mr. Magkaisa on May 04, 2023, 03:46:05 AM

- Having an addiction does not mean that it is immediately bad, of course it is not. Because there is an addiction that is good and helps us. For example, you have an addiction to saving Bitcoin, so you will not allow yourself to not have it when the bull run comes, you will do all the opportunities to buy it from time to time. It just means that it will give us good results in the future.

I believe having an addition is immediately bad. Addictions are not good and I don’t know if any addiction that is good and actually helps us. Is there a thing like having an addiction to saving bitcoin? I don’t think that’s an addiction as you’ve either got the discipline for holding onto your savings judiciously or you don’t.
I haven’t seen nor heard a case of someone with an addiction of holding onto bitcoin without spending. There may very well be folks out there who do this.
Whatever the case, an addiction is never good as an addict is controlled by the addiction.

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Quote from: milewilda on April 27, 2023, 02:58:45 PM

Quote from: Cookdata on April 27, 2023, 02:47:06 PM

I don't think there is anything like investing addiction, investing addiction only applies when one repeatedly invests without ever seeing any returns. As long as profits are being made, investing should not be considered an addiction. Take the venture capitalists in the crypto space for example, it's difficult to find a new project with a solid background that they won't invest in. They pour all their money into start-ups in hopes of creating something valuable during the bull run, this is what they do, investing runs through their blood and this is not only in crypto, it happens in other places.

On the time that addiction turns out to be already that some sort of gambling addiction into your investing decision then this is where shit happens. You shouldnt really be making yourself that getting desperate on whatever you've been doing. Everything should be in balance but ofcourse there are really things which we are really that extremely dedicated on the sense that we are really that keeping on doing it
even it do crosses the line already.

You can't run into a dipshit when you follow due process but of course, the unexpected does happen that is why risk management is very essential in every business. In any investment, as long as profit is made, that is not considered as an addiction. Even in gambling, they don't see the addiction of players until they start seeing losses in their games, that is the time you see frustrations, and inner pain becomes physical and the same goes with investments. Look at Tesla for example, they are not only into cars but other also into energy like solar energy and also space satellite as they now provide internet across the world and they are still investing in other sectors.

The essence of investment priority should be profit-driven whether they are investing annually, monthly, or weekly, as long as the money that is put into business yields profits at the end of the day, I don't see that as addiction, that is what the business was designed to do.

benalexis12

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If there is an investment addict, this investor has probably experienced a good return from his capital several times in his life.
Apparently, it's natural for him to invest because he knows what it brings when he invests in the right thing. So I can say that it is not a bad thing if it helps us in terms of finances. The bad thing is if it doesn't help or you become a victim of other investment scams, that's the hard part.

Razmirraz

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Quote from: Stepstowealth on April 26, 2023, 03:27:30 AM

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

That is the reason it is highly not recommended to invest using money that is a basic need or to finance daily life. Using the example of a gambler's addiction and an investment addiction there is no close connection between the two, the adrenaline rush produced from these two addictions is very different.

Gambling addicts can sometimes be at gambling venues for hours just hoping for a win. Gambling will not drain a person's well-being as long as they can control themselves. Addicted to investing because often get profit. IMO
Someone will not invest all of their money under any circumstances, they will leave some of their money to buy things that are considered necessities of life.

Wong Gendheng

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Investment does make addiction and in my opinion it is natural, if someone ever gets a big profit from Crypto investment then he will try to try again, when it fails or is hit by a scam it will make me curious so that it will continue to invest, investment is addicted but we must be able to control the mind so that it is not Loss of everything for example selling assets or taking a debt.

Mr. Magkaisa

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- Having an addiction does not mean that it is immediately bad, of course it is not. Because there is an addiction that is good and helps us. For example, you have an addiction to saving Bitcoin, so you will not allow yourself to not have it when the bull run comes, you will do all the opportunities to buy it from time to time. It just means that it will give us good results in the future.

There are also bad results when the implementation of addiction is not correct, such as having a gambling addiction, most people know that gambling is not really good because most people have seen what it causes to an individual person. Although, there are other gamblers who are responsible for being gamblers but are not addicted to gambling.

Similificator

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Quote from: Stepstowealth on April 26, 2023, 03:27:30 AM

This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.

Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?

While it may be easier to think that having an addiction towards something that is positive or productive is better than having one's self addicted to detrimental or bad things, we cannot rule out the fact that anything that is too much is never good for anyone. Regardless of how much of a great thing a productive addiction provides, if it hinders a person from living a well-balanced and fulfilling life, it will never be a good thing. Thus, we can say that the kind of addiction you are talking about along with all the other addictions out there are dangerous and not good for anyone.

Semar Mesem

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Anything can be addictive, crypto investments that provide huge profit opportunities compared to stocks, gold, property or anything else of course make anyone look addicted, but in my opinion this is good because it can make many people rich, it's proven that when there is a price increase it will appear new rich people.

Topic: Investing Addiction. - page 3. (Read 1121 times)