Are crypto addicts a problem?

Crypto’s around-the-clock trading makes addicts especially susceptible to poor sleep and neglect of everyday activities. Beware of trading Bitcoin at 3 a.m. or from the restroom. Crypto addicts often use social media and comments by influencers to reinforce their habits and to feed the feeling that they’re in the know.

Do crypto investors have behavioral problems?

LaBelle noted that only a small percentage of crypto investors will develop behavioral problems and said that although the trend has yet to be widely accepted in his field, “I believe there’s a line that when crossed, it’s addiction. But there’s no diagnostic manual that will support that.”

Will crypto Mania worsen the next time prices surge?

He has seen plenty of people become engulfed by crypto mania, especially as the market has become closely intertwined with social media, and predicts self-control issues will worsen the next time prices surge. “Addictions happen far more in bull cycles,” he said.

Does cryptocurrency have to be a substance?

“It doesn’t have to be a substance.” Addiction specialists say they’re increasingly hearing from people reporting problems with cryptocurrency, prompting studies into the newly emerging field and even a treatment program at a $90,000-a-week Swiss rehab clinic.