Cryptocurrencies are a dream and a reality.
Jack (a pseudonym) is a British young man who lost millions of pounds in cryptocurrency trading, especially Bitcoin. It started in 2015 as an investment hobby, but later turned into a serious addiction after his first successful trade made him feel a great euphoria. He tried to replicate the profit and began using his work money without permission, resulting in a massive loss in just 20 minutes. He nearly faced jail time for embezzlement charges, but paid back 1.5 million pounds with the help of his family and is now receiving treatment at a specialized hospital.
Experts at "Castle Craig" hospital described addiction to cryptocurrencies as similar to gambling addiction due to the availability of trading 24/7 and the rapid market fluctuations.
The story also shows another victim, Jean McAdam, who lost over 250,000 euros after falling for a cryptocurrency scam despite her background in information technology.
In contrast, Cameron, an independent musician, succeeded in making profits during the lockdown due to his smart investment in cryptocurrencies, which helped him overcome his financial crisis.
