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Tuesday, February 23, 2021

Reminder: trading crypto is as addictive as gambling

There have been many cases of people becoming addicted to investing. They’ve lost huge amounts of money in this way.

Trading in stockmarket or crypto is very similar to gambling on sports or sitting at a blackjacktable or behind the slots.

Volatile swings make crypto even more dangerous.

Everytime you buy some new coins, your brain releases a shot of dopamine.

Everytime you see green candles: dopamine.

Everytime you check your portfolio: dopamine.

Everytime you read cryptorelated words: dopamine.

But after a while, your brain needs more intense experiences before releasing the same dose of dopamine.

You continue visiting the reddit sub.

You continue checking your portfolio 50 times a day.

You invest more than you can afford to lose.

Your mood fluctuates.

Your behavior towards others changes.

Before you know, you change.

If you are experiencing problems, please take a step back, talk to someone you love or reach out for help if needed.



Submitted February 23, 2021 at 01:05PM by tofke83 https://ift.tt/3aKriG8 https://ift.tt/2Z7cX2s

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