Yes, this will affect your studies negatively or positively.  It is good that the students are doing this crypto because they can earn some money for their allowance even for tuition fees. this can be their sideline and help in terms of financial needs. But sometimes when we are getting some income, we are forgetting the reason why we are doing the crypto. Because of the money we are earning from crypto, they forget to study and focus their attention in crypto and give all their time in it. Each students should set their goals in finishing their studies, they should not forget it...Do the crypto to help them and assist them financially.