Bitcoin and cryptocurrency were huge news all over the world last year when they all skyrocketed in value and made a lot of people very very rich and this led to pretty much everyone jumping on the bandwagon to try and catch some of the wealth that was floating around.
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Unfortunately a lot of people didn’t really end up making the money that they hoped they would with many people losing a whole bunch as well. That didn’t meant that they didn’t have the bug though, and many people have continued to trade Bitcoin all over the shop in an attempt to get their money back or make even more.
Whilst this might be fun if you’ve got the disposable income to mess around with it, thanks to the unpredictable nature of Bitcoin and other cryptocurrency fluctuations, people are now calling traders ‘addicts’ and are fearful that they might get the same rush from trading that gamblers get from betting on sporting events and roulette etc and hoping that their numbers come in. As such, Castle Craig Hospital in Peeblesshire on the Scottish borderlands is now offering a residential treatment problem for cryptocurrency addicts that teaches them how to live without the decimal points, percentages and up and down arrows.
Chris Burn, who is a gambling therapist at the hospital said the following about the possible problems of dealing with cryptocurrency:
The high risk, fluctuating cryptocurrency market appeals to the problem gambler.
It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It’s a classic bubble situation.
I suppose he is right about that but I’m not sure if people are actually addicted to it. It seems like enough people are convinced of the problems associated with it to start this program though so maybe I’m wrong. Tony Marini is a former gambling and drug addict who is leading some of the courses and he said the following about them:
Having been through it myself, my experience of addiction gives me insight and empathy towards others who have the same problem.
I see cryptocurrency trading as a way for people to escape from themselves, into another world, because they don’t like the world they’re in.
The first stage of treatment is to join other addicts in group therapy and share their life stories. This helps them identify with each other and realise that they’re not alone.
I mean it really does sound like they’re taking this very seriously but I’m not even sure how you could be addicted to it because literally all you do is sit at a screen and press buttons and then watch some numbers go up and down and it could take days or even months for anything significant to even happen with it. At least when you’re actively gambling at the casino there’s a buzz right there and then from winning or losing, or if you’re doing drugs or drinking you’re getting a real buzz off those things altering your state of mind right there and then too. I can’t say I get the same feeling from messing around with cryptocurrencies but maybe I’m one of the lucky ones out there. Hope anyone suffering from cryptocurrency addiction reads this and checks into the Castle Craig Hotel to sort it out. Good luck.
For more cryptocurrency, check out Steven Seagal representing a new cryptocurrency.. Probably a good idea to get out when an idiot like him gets involved.