The wellbeing of an adicted gambler must definately be affected negatively because what causes the addiction is either he is chasing looses or seeking closure.
In the aspect of investment, the addiction of the investment should not affect your wellbeing. Any investment yeilds profit, a business owner who dont eat good food or wear good cloths is being stingy to him self. As an investor you have to be phyaically and mentally strong.
In gambling, the addiction affects your wellbeing negatively while in business or investment the addiction affects you positively.
Any investment that you want to invest in that will make you not to eat good food is not a good investment.
Topic: Investing Addiction. - page 7. (Read 1165 times)
Your words are absolutely right, investors invest to earn good money. There are many investors who prefer to invest all their money.There is no shortage of people with these tendencies in trading sectors. I know many friends who invest without spending money on themselves. We get more motivated when we see a small investment yielding a lot of profit.This is how we become addicted to time investing. Many people think of investing as a gamble. That is why they avoid their necessary expenses and they think that investing will increase the amount of profit.
Regarding your post. I think it is important to make a clear distintion on gambling and investing.
Investor do not go out their way to put their money in a company and considering the possibility of losing the one hundred percent of their money, those who do are gamblers. Investors can cut losses.
The only thing we can consider if we talk about people over investing and saving as much money as possible to continue investing is greed and ambition. Gambling also mess with the greed of people but not much the ambition. In my personal opinion.
Going to a casino and expecting to earn a lot of money is greed and delusion. Not spending so one can buy more Amazon stocks during a dip and even selling one's car to buy more in the dip is greed and ambition.
Your words are absolutely right, investors invest to earn good money. There are many investors who prefer to invest all their money.There is no shortage of people with these tendencies in trading sectors. I know many friends who invest without spending money on themselves. We get more motivated when we see a small investment yielding a lot of profit.This is how we become addicted to time investing. Many people think of investing as a gamble. That is why they avoid their necessary expenses and they think that investing will increase the amount of profit.
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?
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?
Too much of everything I called addiction. And when you are addicted it does not matter were you addicted, but once it is addiction, it is bad. I understand your ideology very well. There are people who are addicted to investment. And it is very bad. This set of people may have little or nothing in their emergency fund. They may not have good health care facility and plans for the family, yet all their mindset is in investment. And they could not even in their lifee enjoy those investments they made, but they keep investing for the future. If I may ask, when is the future?
It is not bad to invest, but do everything in moderation and take care of yourself at the immediate time.
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?
All kinds of addiction is not good, if you are addicted it means you cant control your self emption on that particular thing or activities and it leads you to be loss, if you are a gamblers you will not save a money because if you win today you will save your earning and you will make it a capital in the next game and if you will loss you're capital money and your winnings will loss at the same time. 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?
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.
I agree with your point. There just might be people out there who are a bit obsessed with the idea of investing. Always on the lookout for the next big thing probably so they could invest early and get maximum returns. And this crave would most likely lead the obsessed investor into investing in a so called new and promising investment scheme that would turn out to be a scammy one. Scammy investment opportunities are usually very enticing and appealing to anyone who might be interested in making a shit load of profit overnight.
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?
Hey buddy, I think you are confusing investing with trading. You can't get addicted to investing because it takes a lot of capital to invest, and you can't be investing every day. Even if you have a high income, say $200K in the US, the normal thing is that you invest if you do it in Bitcoin or in the stock market, a few thousand dollars a month, but once a month, or two at most.
On the other hand, with short term trading that tries to buy and sell hoping to know if the price is going to go up or down, we can talk about addiction similar to those who are addicted to gambling.
OP may have confused investing with gambling,
With short-term trading, rather, as I have just explained, which especially for retail investors with little knowledge and a lot of impulsivity is very similar to gambling.
Always take some money off the board, pay off bills and any long term debt. That would be the easiest way to distance yourself from any extreme risk that could flip too easily from positive to negative.
People mix up speculating, trading and investing because investing is like doing your homework and planting a seed for what will become a fully grown return over years its not a fast fix or result that would be compared to gambling normally. The modern world we live in has mixed up these things so that investment is labelled onto things like crypto speculation or similar which are not really close to that slow steady consideration.
People mix up speculating, trading and investing because investing is like doing your homework and planting a seed for what will become a fully grown return over years its not a fast fix or result that would be compared to gambling normally. The modern world we live in has mixed up these things so that investment is labelled onto things like crypto speculation or similar which are not really close to that slow steady consideration.
I think that's one of the good addictions a people can have. The other examples would be reading books, studying math, learning new languages etc... It is much better to get addicted to investing instead of spending your money on the worthless crap, At least your addiction is about making even more money your assets will make you rich in the future. Tbh I am one of those addicts and I couldn't be happier about it. I invest and in return my investments make me even more money so I can invest even more. winwin
I can only say it’s a good addiction unless you’re not depriving yourself from eating healthy foods and buying yourself some basic needs that your body needs it. But definitely its a lot better than becoming addicted to gambling. At least, when you develop addiction in investing, you will do a lot of saving because you have a certain goal to fulfill in the future. And through investing like bitcoin, your money will generate more income that will pave way into achieving your goals in life. 
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?
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?
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.
even it do crosses the line already.
Any form of addiction could have a negative effect in our lives but as for me, getting addicted to investing is actually having the urge to prepare for our future in terms of finances. Compared to gambling addiction, being into investment is actually a good habit though it still has a risk but if we are investing in the right and potential projects, our sacrifices will still be worth it in the future.
Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.
Any addiction is leading into doing something into a certain degree where it is really that too much or something we called off balanced already which we know that it could potentially be compromising other things or Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.
responsibilities which you would be still need to do so. When you are in an addiction whether on an investment or gambling, then of course the behavior would really be just the same.Although money making opportunities are really that different because we arent that dumb on not to distinguish in between investment and gambling in the first place. I do consider out investment addiction but of course
you should be still mindful about those important things around.
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?
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?
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.
Any form of addiction could have a negative effect in our lives but as for me, getting addicted to investing is actually having the urge to prepare for our future in terms of finances. Compared to gambling addiction, being into investment is actually a good habit though it still has a risk but if we are investing in the right and potential projects, our sacrifices will still be worth it in the future.
Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.
Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.
Do you consider that kind of addiction dangerous and not good?
As far as I know addicted has a broad meaning, not just being fat on one issue, indeed, by definition, addicted is always maladaptive with the economy or the rewards and benefits that each individual feels.But if I define crypto investing, in my opinion it is not one of behavior or actions that lose control, investment is not based on hobbies, hobbies, fun and so on, In fact, investing is more directed towards full control over the consequences and risks that occur, the understanding of gambling, addiction to investing, in my opinion, is the opposite, When it comes to investing, people still think clearly in their actions, whereas gambling rarely makes people think clearly, especially if they are already addicted.
Example:
For now we can still think well to set aside as our economic income to invest in futures, controlled, regardless we still eat well, dress lavishly etc.
Do you consider that kind of addiction dangerous and not good?
It's simple, all you have to do is answer whether the flow of the investment system refers to positive or negative points?Actually this is not something that is quite new and has a broad essence of discussion. Not too many points taken other than investment points towards where the person has exercised the appropriate option. Dare to invest for long term interests. Actually this is not an addictive stimulus, but the action of someone who has found the right portion of financial management, namely investment.
Do you consider that kind of addiction dangerous and not good?
Basically what is said addiction is not good when this addiction is followed by ambition that is not significant good and gives good hope, but if we say addiction to Investing in Crypto I don't think there is anything wrong when they invest in the right place and with Perfect ambition, I think this will give them success in the future, so investment placement in the most appropriate place I think everyone knows, and yes of course Bitcoin.
OP, I'm not sure how many people have the kind of 'addiction' you referenced, but I know for a fact that it's a real phenomenon because I've been afflicted with it myself--not with crypto, but in the stock market. I wouldn't consider it a true addiction, though. More of an obsession that might leave a person having to sell whatever it is they invested in (and this is assuming the problem isn't trading with leverage, because that could leave said person wiped out).
Fortunately for me, that stock market obsession has kind of fizzled out over the years, and I no longer invest irresponsibly. Lucky me, eh? If I weren't already broke, it'd probably come back again, full-force.
Fortunately for me, that stock market obsession has kind of fizzled out over the years, and I no longer invest irresponsibly. Lucky me, eh? If I weren't already broke, it'd probably come back again, full-force.
Investment is not like gambling as in gambling you don't know about the gains and consequences of your bet but investment in real sense is very different. Before investing you look into all the details of your investment and you have an idea of how many profits you can get out of it.
Addiction is not good but I think maybe investing addiction is a good thing, especially if he can find things that can be used as investments, such as investing in bitcoin, gold, real-estate and others. He can buy bitcoins and other investments whenever he has money so his investment amount will increase and give him a chance to earn profit.
But before someone starts investing, he should know how much money he can use and calculate all expenses and remaining money so that when he starts investing, it won't interfere with other money. But he also doesn't need to force himself to start investing if there are some things he needs to fulfill with his money because he has to prioritize his life first and then invest.
And investing is not gambling unless he doesn't know what he should choose to invest, how much money he can use, how long he should invest and when he can take the profit. Investing requires calculation before starting and only a few people can do it.
But before someone starts investing, he should know how much money he can use and calculate all expenses and remaining money so that when he starts investing, it won't interfere with other money. But he also doesn't need to force himself to start investing if there are some things he needs to fulfill with his money because he has to prioritize his life first and then invest.
And investing is not gambling unless he doesn't know what he should choose to invest, how much money he can use, how long he should invest and when he can take the profit. Investing requires calculation before starting and only a few people can do it.
I consider investing as a gambling since you are risking your money. I understand what you mean about it is not a gambling and what you mean about gambling (casino games) but investing is also gambling. This is the first time I hear about someone said investing addiction and I agree with boyptc that obsessed is much more better if you say that you are not addicted in investing. About your question if it is dangerous, yes it would be dangerous too if it will make you spend less money on important things just to have more money to invest. This is much the same as gambling in casino but the difference is that you may lose all your money on casinos if you don't stop unlike in investment where you may get some of your money like I did when I invested on stock price but the amount is less since the stock price didn't increase at that time, this is also happen in holding BTC.
As someone who loves to invest and even I'm not that yet there at the top, I know that this is one way to get to the top. It's an obsession that's hard to be changed and it's truly different from being addicted.Well, we may have different meaning to what addiction and obsession is but that's what I just think which is a better thing to hear than being called as an addicted investor.
We can't change the thoughts of most people thinking about negative upon hearing the word, addiction.
I think this is called banging. In some way, investment is gambling because you don't know for sure that you will earn money from it but you hope for it. I think this fact gives you a drive to invest more and more because you expect gains and every time you lose money because of the best investment, you try to compensate for the lost money with new investments.
So I think comparing it with gambling is pretty solid. I even think everything that involves risk and money could be called gambling.
So I think comparing it with gambling is pretty solid. I even think everything that involves risk and money could be called gambling.
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