The cryptocurrency market, whose valuation reached 3 trillion last year, is attracting more and more investors. Many Internet users get rich by investing In digital currencies like Bitcoin. To maximize their profits, others are getting into cryptocurrency trading.
Trading consists of buying and selling a coin in a short period of time. You buy some coins when the price is lowest and sell when the price is highest. Most experienced traders use leverage effectsincreases the gains, but increases the risk of losing everything. To profit from trading, you need strong nerves and an infallible mind.
Addiction to cryptocurrency trading is spreading
As reported by our colleagues at Bloomberg, some traders develop an addiction just like a poker player gets addicted to the game.
According to this “A growing number of mental health professionals”Cryptocurrency trading has a similar effect on the brain as gambling. The trader then starts investing in activating dopamine receptors in his brain. Behaves after it becomes dependent on its activity like a drug addict. He develops depressive episodes, is sleep deprived, and neglects his private life. This is even more true as the cryptocurrency market is continuously accessible 24 hours a day, 7 days a week, unlike the stock market.
“It’s a lot like being at a roulette table. It seems endless and requires your attention. If you take your eyes off the prize, you may miss out on great opportunities and incur heavy penalties.”says Dylan Kerr, a therapist who has treated 15 crypto addicts to recover from their addiction.
In this regard, some therapeutic centers dedicated to combating addictions have developed tailor-made offers to help crypto addicts. This situation is particularly Paracelsus Recovery, a luxury rehabilitation center located in London and Zurich. The center recently rolled out a special offer to cryptocurrency traders.
A one-week therapy is offered with a luxury suite and top-notch service. At a price of 96,000 euros. he understands “full medical evaluation, psychological and psychiatric treatment, 24-hour in-house therapist, biochemical restoration, nutritional supplements, personal chef, maid, 5-star service”, Can we read it on the Paracelsus Recovery website? A private clinic based in Scotland also offers therapies for trade addicts. The facility claims to have helped treat more than 100 people since 2016.
Source : Bloomberg
