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Topic: Investing Addiction. - page 5. (Read 1062 times)

hero member
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Vave.com - Crypto Casino
April 30, 2023, 07:08:32 PM
Investing and gambling had some of the unique same features.When you keep do them for the positive, it's will the addition. After that, don't buy crypto when the market is green. Most of the traders do this mistake of gambling addiction and buy coin at the bull market instead of bear market. Because the profit from coin brought in bull gives less profit to the coin which we brought in it in bear market.
Buying when the market is green isn't a bad choice neither, because we aren't sure of the market tomorrow. The profitability varies along with the holding time period. Investing at the highest price lets you to hodl more than investing at the bottom price. The addiction of gambling differs from that of investing addiction. This is very rare, maybe 1 in 1000 will have such mentality. With gambling one in hundred used to have the addiction. To gamble people easily borrow and does it whereas for investing very few borrow money.
sr. member
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when lambo...
April 30, 2023, 06:56:35 PM
Do you consider that kind of addiction dangerous and not good?
Abuse, addictions, and over-spending habits - all of these things result in no good.
But it seems not a very usual thing to happen in investing because investors are smart as I think. They put money for the reason that it grom more, unlike gambling which leads to losing more. Though we can say it was not right from getting into investment addiction, however, thinking that it multiply our money in the future, is somewhat of a great addiction happening to us.
hero member
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April 30, 2023, 06:54:05 PM
Investing and gambling had some of the unique same features.When you keep do them for the positive, it's will the addition. After that, don't buy crypto when the market is green.Most of the traders do this mistake of gambling addiction and buy coin at the bull market instead of bear market.Because the profit from coin brought in bull gives less profit to the coin which we brought in it in bear market.When the trader had earned some good money from the trading,he will not leave the trading till he get equal amount of money as loss.Actually the trader become the investing addicted to get the next high profit from the same trading.
hero member
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April 30, 2023, 05:58:47 PM
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?
It’s certain that as long as there are profits involved, people will be eventually get attached to it and more likely become addicted to it. But investing addiction is not that bad at all as long as you know your investment well and you’re aware on how to make profits from it and eventually make it prosper. But depriving the good things in your life just to save to invest is actually out of the picture. That is not a good mindset as one should also invest in one’s health and body before we take part in investing for profits.
hero member
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April 30, 2023, 05:53:52 PM
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?
yes it is possible that you may be addicted to it, we all know how much it is to have a good trading every profit is worth to be posted in different social media platform. But all things that are not in the right timing and it makes you drain and too much will bring problem to you as time passes by. Trading is good, but oust like gambling it should be in moderation and just be prepared when something goes wrong.
sr. member
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April 30, 2023, 05:41:42 PM
Everything that is done overly, that may lead to addiction will definitely affect our whole well-being. That is the reason why we should do things within our control, otherwise we will be force to do things that are not right and aren’t just. However, with investing addiction, provided that you are totally aware of its risks and you will only invest an amount that you can afford to lose, I think that is valid and reasonable as investing all in will be detrimental to your health if ever you lose them all in the end.
Investment addiction is not good because you keep increasing investment all the time even though you are willing to afford to lose, you may prioritize investment assets over real world assets and spend less on your needs, so it is not recommended in investing because you have to invest at a lower value reasonable and not excessive investing in fluctuating markets.
sr. member
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April 30, 2023, 04:13:24 PM
For me personally, addiction is caused because it has become a necessity that must be done whether he is a gambler or an investment, a person who is addicted, so he doesn't care about the risks he faces, is he ready or not, he will do that.

In my opinion, the factors that influence a person's addiction to crypto or not are because he has experienced getting big profits and now he is in a difficult condition so he loses money, when he loses, he imagines the big profits he has earned so he looks like an addiction.
Addiction is actually bad things for everywhere be it gambling or any drugs or in trading . I have seen many peoples around me that those doesn't know properly about trading and even they don't study any analysis for investment so without any technical or fundamental analysis they do trading only depends on some pumps and rising so at the end of the day they face losses. And they invest extra money again to avoid this loss and in this case too they suffer from the same situation, many times I have heard from their mouths that it has become like an addiction to them. So I think doing trading or addicted to trade like this is one kind of gambling which can never bring profit.
legendary
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April 30, 2023, 03:59:23 PM
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?
It is not investing which is addictive but the desire to earn profit and to be rich in a quicker way possible than with earning it through a regular job. In this industry, it is possible to be in such state but to expect that it would be with ease, is the misconception about this industry. We are all aware of how inconsistent and how unpredictable prices move. One wrong decision could result into huge loss. Patience would play a key role but there are other factors such as TA, DCAs, and luck as well. It just happens that many people are disregarding negative side of investments and are only concerned with the potential profit. In any field of investment, things does not work that way.
hero member
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April 30, 2023, 03:30:22 PM
It becomes abnormal if you are addicted to investing to the detriment of your well-being. To everything in life, there is a limit and if care is not taken after this it will lead to abuse. Having investment sense is good because you know you have a better future but it should be at a percentage.
This is why you should only invest with your extra money, and not go all in.
I have a friend who invested a lot with Bitcoin and other project, and when the bear market begins his well being becomes more affected, it started from anxiety, depression and now he’s under therapy.

Investing addiction is good once you know what you are doing, especially you know how to balance your life and your finances. Don’t let your greed to take over your body and your mind, you have to stay composed and of course know how to diversify.
Everything that is done overly, that may lead to addiction will definitely affect our whole well-being. That is the reason why we should do things within our control, otherwise we will be force to do things that are not right and aren’t just. However, with investing addiction, provided that you are totally aware of its risks and you will only invest an amount that you can afford to lose, I think that is valid and reasonable as investing all in will be detrimental to your health if ever you lose them all in the end.
legendary
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April 30, 2023, 02:53:34 AM
Well I used to think I have a addiction because I really like Bitcoin. It is a big part of my life and I talk about it with most people that I know and sometimes I talk about it even too much I think.
And Bitcoin is a investment we can all agree on that. We all want Bitcoin because we all think and are holding so it can show up big profits in the future.
We earn profit and lose profits and keep on hodling the investment. I think we all have a small addiction if we have Bitcoin and we hodl it for long term profits.
sr. member
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April 30, 2023, 02:40:18 AM
Investing addiction can manifest in various ways, such as constantly monitoring the stock market, compulsively buying and selling stocks or other assets, and taking on high levels of risk with investments. This type of behavior can lead to financial losses, stress, anxiety, and even physical health problems.
hero member
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"CoinPoker.com"
April 30, 2023, 02:26:52 AM
Addiction is bad. No matter what you are addicted to, be it a good thing or a bad thing. Excess of everything is bad. Drinking alcohol is not bad but being addicted to it is the bad part.
Investing is good, but when you get addicted to it and use every little money you have for investment to the extent it begins to affect your well-being and health, then that's not healthy.
I have never met someone who is addicted to investing but I believe an investment addiction will lead you to a lot of scam investments because you will be enticed with every single investment scheme that comes your way, legit or not.
There might be some good addictions like being addicted to be motivated and reach your goals ( the good one only) like finishing studies. Drinking alcohol is not bad but there are better beverage to drink than it and it's okay to be addicted with them like drinking a water as it only cleanse our body and we all know that many people forgot to drink more water.

Investing is good, only if the assets that you invest in are also good. Using little money is advisable than using big sums as there are still risks here. Many of us here are addicted on investing, that we do DCA to fill our bags because this is the only way to earn massive profits when the bull run arrives.
sr. member
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April 30, 2023, 01:16:42 AM
It becomes abnormal if you are addicted to investing to the detriment of your well-being. To everything in life, there is a limit and if care is not taken after this it will lead to abuse. Having investment sense is good because you know you have a better future but it should be at a percentage.
This is why you should only invest with your extra money, and not go all in.
I have a friend who invested a lot with Bitcoin and other project, and when the bear market begins his well being becomes more affected, it started from anxiety, depression and now he’s under therapy.

Investing addiction is good once you know what you are doing, especially you know how to balance your life and your finances. Don’t let your greed to take over your body and your mind, you have to stay composed and of course know how to diversify.
Most of the people are aware about the risks when they are investing their money on something else but majority of them do not know what is it means to fully accept and take the risks. You can considered as a risk taker once you decided to make an investment but most of them do not consider how much money they will lose once their investment become fail. It is all about probability, that is why we should have different scenarios in our head, do not just put winning scenario because for sure you will experience negative emotions like stress, anxiety, regret, sadness, depression and many more once you have different outcome to what you've been expected.

The important thing is we should be aware to the potential losses that we may incur and the potential rewards that we can get, in that way we can know how much money we will put in a specific asset. if you have $1000, you cannot just put it all in a single asset, you need to diversify it in order to protect your capital and minimize the losses that you may incur. Remember that it is not about the money that we make, it is about the money that we didn't lose.
hero member
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April 30, 2023, 12:42:26 AM
#99
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?

Anything that's overdone isn't good for the human health and can be very dangerous, eating food more than your body needs can kill you and so is investing. I know people that have invested everything they had because they believe very much in a platform without knowing they were investing in fraud and when it collapse it became an issue for them and they haven't still recovered.

It doesn't matter how good you think an opportunity is to pass without investing but you shouldn't be investing in everything you see or you'll have nothing left and mightn't still make a profit due to reasons beyond your control like the project dumping or getting seized by government for misconducts.
sr. member
Activity: 1190
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April 30, 2023, 12:23:51 AM
#98
It is not right to be overly addicted to anything. It is good to have an interest in investing but that interest should not turn into an addiction. We will invest and earn profit from the investment as long as everything is within limits. Investment decisions should not be made in such a way that you spend that money on investments leaving out eating and drinking or purchasing daily necessities.

One should give priority to one's own needs first in life.  Because people earn money to live a little better or to change their condition a little. Now if we become addicted to money income and forget our own needs then that money will be of no use.
sr. member
Activity: 1792
Merit: 255
April 30, 2023, 12:05:21 AM
#97
For me personally, addiction is caused because it has become a necessity that must be done whether he is a gambler or an investment, a person who is addicted, so he doesn't care about the risks he faces, is he ready or not, he will do that.

In my opinion, the factors that influence a person's addiction to crypto or not are because he has experienced getting big profits and now he is in a difficult condition so he loses money, when he loses, he imagines the big profits he has earned so he looks like an addiction.
legendary
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Leading Crypto Sports Betting & Casino Platform
April 29, 2023, 10:51:04 PM
#96
When there's purpose and target in life, you will find yourself doing things over and over again without stopping until you see your dream comes to fulfillment.

Investment addictions can be good if am to say. I have a friend who does spend money on irrelevant things without thinking of tomorrow but ever since I told him about bitcoin and the upcoming bull run that will happen next year, he has curtailed his irrelevant spending on unnecessary things. Any little money that comes into his hand, he will rush to invest in bitcoin, denying himself some important things to do with money.

Your friend is not an addict, and addiction is never good. If you are addicted to investing, that means you will not only invest with the money you can lose, but you will invest all the money you have, including money for urgent work and daily expenses…You ignore everything in life and just focus 100% on investing. It's called addiction, and it's not good at all.
In your friend's case, he is only passionate because he has found what he is looking for and is willing to give up other interests to focus on his passion. He is not addicted to investing.
full member
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1xBit recovered their reputation
April 29, 2023, 08:25:01 PM
#95
Of course gambling never has a chance of winning and very few people can make money gambling. But I think that if you invest the amount of money that you gamble with, you can hope for something good in the future. Gambling becomes an addiction which can never be quitted and if there is no money at one time, even after taking a loan from various banks, if he gambles, then if he loses, then darkness will come in his life. So I think it's best to invest in crypto and keep it for a long time, the future will be bright

But when you are addicted to investing, you are no different from a gambling addict. Everything in life has a limit and if you exceed the limit, everything will have a bad ending. For me, financial investment is no different from gambling because there is no guarantee you will win 100%. If you get addicted to it and invest with borrowed money, you will end up as tragic as gambling.
sr. member
Activity: 812
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April 29, 2023, 06:36:41 PM
#94
When there's purpose and target in life, you will find yourself doing things over and over again without stopping until you see your dream comes to fulfillment.

Investment addictions can be good if am to say. I have a friend who does spend money on irrelevant things without thinking of tomorrow but ever since I told him about bitcoin and the upcoming bull run that will happen next year, he has curtailed his irrelevant spending on unnecessary things. Any little money that comes into his hand, he will rush to invest in bitcoin, denying himself some important things to do with money.
legendary
Activity: 3094
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April 29, 2023, 06:33:17 PM
#93
Do you consider that kind of addiction dangerous and not good?

Every form of addiction is bad because it affects the human brain. We can all try to differentiate it from all those casino gambling but it is all the same because the aim is to earn more profits and when that is achieved it creates happiness or joy which is transmitted to the brain then when a loss happens it creates sadness and this things are actually bad for one’s health.

If a loss persists the addicted trader goes on to take loans or sell off properties, and deprives themselves of some necessities which would affect there health just to invest more. This is clearly similar to the sport and casino gambling and so it is very bad

I agree that every so-called addiction is a bad thing that is done by humans, and it really affects mindsets, habits and gives more negative impressions that have more bad consequences than what is imagined.
although in a different context, the nature and orientation is the same as gambling, especially if the investments made always experience losses in their activities, like some of my neighbors who experienced losses but continue to invest until they sell what they have today, it really seems like gambling.

But this can be avoided by practicing investment methods and studying the fundamentals of self-management as an investor according to general rules or according to guidelines in the context of risk management, self-management, good financial management according to investment experts.
Even we do say that investing is good but on the sense that we are already that addicted to it which means that it is really out as usual stuffs or must thing to be done on investing. Everything should really be that balanced because if we do make out things out of standard then it would be always that a bad thing. Just like the rest been saying that having that balanced approach on things in life is really that something
we should really be minding on. We know that when you are addicted into a particular thing doesnt matter if its on investment or other forms of addiction then it isnt  something healthy to be done.

For me personally, addiction is caused because it has become a necessity that must be done whether he is a gambler or an investment, a person who is addicted, so he doesn't care about the risks he faces, is he ready or not, he will do that.
When you do come into a point that your an investment addict then it would be really out of borders of a usual investor which you might be making some extreme measures or actions
which arent supposed to be done on which it might really be that close on making some actions which is like or close to gambling which is really that bad.
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