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Topic: IS CRYPTO TRADING ADDICTION? - page 11. (Read 4506 times)

member
Activity: 138
Merit: 10
Mining. Hosting. Cloud Mining.
June 24, 2018, 10:51:08 AM
I guess it is an addiction - when you have positive balance, and have some profit. You wake up with thoughts about trading, and go sleep with it. When you always lose - you may give up at all, so its not an addiction.
newbie
Activity: 70
Merit: 0
June 24, 2018, 10:34:40 AM
I am not a trader so I am not if my input is valid. However, I think if you dig deep into and invested more than you can lose, then yes it can be addictive. Daily trading for some is like gambling, they love the thrill and excitement of it.
full member
Activity: 476
Merit: 100
June 24, 2018, 04:00:40 AM
Trading gives fillings of excitement. If you don't understand principles of trading and your attitude is not professional it will look like roulette in casino (red or black).
newbie
Activity: 20
Merit: 0
June 24, 2018, 03:54:45 AM
I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto? 

yes, greed is more addicting then cancer(smokes)
member
Activity: 210
Merit: 10
June 24, 2018, 03:54:18 AM
I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto? 
I am addicted to coinmarketcap. Every day I am checking this site if everything is okay. And everyday is is worse and worse  Grin.
newbie
Activity: 74
Merit: 0
June 24, 2018, 03:53:10 AM
Of course, if you benefit in the world of cryptocurrency in a short time without working too hard then this will make people want to repeat the incident, I mean we become addicted.
newbie
Activity: 98
Merit: 0
June 23, 2018, 10:21:04 PM
 Personally i feel the same rush as gambling, so it probably depends on your personality. I think people that have gambling addiction and discover crypto also become addicted to trading.
newbie
Activity: 154
Merit: 0
June 23, 2018, 10:21:21 AM
offcourse it's possiblle, but you should know this is a tool, money is a tool, if you kill yourself over loss of money, then you shouldn't get in such kinda stuff.
newbie
Activity: 96
Merit: 0
June 23, 2018, 09:56:38 AM
Crypto collecting as in holding the coin for long term, I would say is not addicting. However the day trading aspect of it can be very addicting and is almost like gambling.
newbie
Activity: 113
Merit: 0
June 23, 2018, 08:01:37 AM
It's kinda like gambling so I can kinda see how it can become psychology addictive. I'm pretty sure just about anything could come psychologically addictive but something that makes money has way more potential for that
member
Activity: 420
Merit: 12
June 23, 2018, 07:54:20 AM
It is not an addiction. It is just another way to make money. The guy who jumped out of the window did it because he lost him money. But the trading comes with its own problems: make a mistake and you pay for it.

Such people who value their money more than their life - very much. In fact, these people are zombies brainwashed and they no longer imagine their lives without their money.
newbie
Activity: 112
Merit: 0
June 23, 2018, 07:53:21 AM
 Personally i feel the same rush as gambling, so it probably depends on your personality. I think people that have gambling addiction and discover crypto also become addicted to trading.
newbie
Activity: 96
Merit: 0
June 23, 2018, 07:52:33 AM
I think it could become that, you can get addicted to anything really. When you see your coins have halfed in value it can be tempting to double up etc.
newbie
Activity: 126
Merit: 0
June 23, 2018, 07:51:49 AM
It is not an addiction. It is just another way to make money. The guy who jumped out of the window did it because he lost him money. But the trading comes with its own problems: make a mistake and you pay for it.
jr. member
Activity: 140
Merit: 5
June 23, 2018, 07:50:32 AM
I don't think it is an addiction, but it can become serious if people invest more than they can. I think that might have been the cause, regardless it is very sad and I hope we see less of this.
member
Activity: 252
Merit: 16
June 23, 2018, 07:49:21 AM
Well, actually it can become an addiction if you haven't anything better to do. If you have a job, friends and family life, and you don't focus only on trading, there is no problem.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 23, 2018, 07:48:53 AM
Crypto trading can be addiction . It is harmful when you take it to be like gambling... . You are addictive when you trade with out putting effort  to monitor the chart.

I'm sure there are addicted traders who monitor charts, trends, read analytical articles and suchlike. Being incompetent is not what makes you addicted. I even tend to think that none of the addicted traders is incompetent. It's not a lack of knowledge which makes them addicted but rather their greed. They are not satisfied with small profits and lose a lot in pursuit of bigger ones. I think the key is to be grateful for small favors and restrain your greed as much as possible.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
June 23, 2018, 05:37:53 AM
I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto? 

This is very wrong to compare crypto trading to heroin. Heroin is very powerful sedative which psychically makes you addicted and people in some cases can die from withdrawal.

There are people who get addicted in some way an lose a lot of money in crypto, they are gamblers by default as there are people who lose big in gambling of other sorts and end up sadly committing suicide also in stock trading, fund managers. This is not exclusive to crypto trading.
newbie
Activity: 98
Merit: 0
June 23, 2018, 05:29:05 AM
Personally i feel the same rush as gambling, so it probably depends on your personality. I think people that have gambling addiction and discover crypto also become addicted to trading.
jr. member
Activity: 224
Merit: 1
June 22, 2018, 10:50:17 AM
It us not true that crypto is an addiction. It is just a crypto that you can invest and earn big for me crypto is an investment. You can earn big from it but if you do not know how to earn in crypto then you will not earn big from it, before you enter the world of ceypto you have to study and learn it so that if you invest on it already then you will not lose what you invest. It is not that hard to earn in crypto. There are so many ways on how you can earn big from crypto but you need to study it carefully if you have done some transaction then you cannot undo it. So for me in doing some action in crypto you have to check it carefully before you ddo and confirm the transaction so that you will not regret what you have done wrong. You cannot blame someone for your wrong mistake here in cryto because you can do your tansactuon wirhout giving out some information about yourself not unlike when you do a bank transaction, you have to give all the necessary information before you can transact.
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