#AltcoinRevolution2028

Mental Health

Beware of Mental Illness Due to Crypto Asset Addiction

Compulsive betting in the crypto market has become a worldwide problem. Many people are stressed and even mentally ill because of crypto.

News

By

ANDREAS MARYOTO

Andreas Maryoto, senior journalist for Kompas

This year can be said to be the year when many people are stressed and even mentally ill because of crypto. The erratic price movements make investors' hearts beat fast. When the price falls, they immediately collapse. The volatility of crypto assets far exceeds any investment instrument. Now, clinics for healing from crypto addiction are emerging.

We can imagine, why does this situation give rise to mental health problems? A crypto analyst, Elena Perez, on the Cointelegraph page wrote, even when someone is equipped with investment knowledge, beginners can make bad decisions under emotional pressure. In addition to technical and fundamental analysis, the right mental attitude plays an important role in trading crypto assets. Under emotional pressure, rash actions can lead to serious mistakes and losses.