Cryptocurrency Addiction * Is It Even a Real Thing and Can It Be Treated?

What is cryptocurrency addiction?

Defining cryptocurrency addiction?

Who is at risk of being addicted to cryptocurrencies?

What are the signs of cryptocurrency addiction?

  • An individual spending a lot of time trading cryptocurrencies, thinking about trading, and checking digital currency prices. These activities overcome their lives resulting in work, exercise, socializing, and other aspects of their daily lives not being completed.
  • Increased debts and financial issues related to the loss of money incurred from trading cryptocurrencies.
  • Lying to friends and family about activities or problems incurred by trading cryptocurrency.
  • Hiding the amount of time spent online trading as well as the amount of money lost when digital currency devaluations occur.
  • Rapid mood swings, depression, and low self-worth.
  • Anxiety, tremors, sweats, and stomach issues due to feeling anxious.
  • Unrealistic views on making money, being “lucky”, and believing it is time to win next.
  • Chasing losses
  • Attempting to control cryptocurrency trading without any success.

What are the effects of cryptocurrency addiction?

  • Inability to pay bills
  • Borrowing money to stay afloat financially
  • Accruing debts
  • Pawning or selling personal items to pay debts or fuel the cryptocurrency addiction
  • Losing a home through foreclosure or being evicted
  • Having possessions such as a car repossessed
  • Defaulting on monthly payments
  • Committing illegal acts such as theft
  • Committing embezzlement or fraud to finance cryptocurrency trading
  • Declaring total bankruptcy
Cryptocurrency Addiction Specialists

About the Author

Physis Recovery

Physis Recovery™

References: Cryptocurrency Addiction

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