Quote from: Swordsoffreedom on August 31, 2021, 10:19:59 PM

Quote from: CryptoBuds on August 31, 2021, 09:58:05 PM

Quote from: Kusman on August 31, 2021, 09:45:41 PM

I'm really happy that I'm not addicted to Bitcoin actually. Because I don't think that it is a good thing. It can cause you to manage your Bitcoin investments really poorly. The most important thing is to make your investments wisely. If you don't have a certain strategy, you might invest more and more until having no money left. And it might not end up well.

Addiction is not created overnight. And the type of addiction is the same for each person. I have seen a few people sell their necessities to invest in Bitcoin.
Again, I have seen some people who have borrowed money from their relatives and lost their livelihood by doing excessive online trading.
Being overly addicted to anything is not a good thing at all, Investing in Bitcoin is profitable but there is a need to maintain a limitation.

"Bitcoin addiction" This term is very new, people who invest in bitcoin by borrowing money we can't say that they are addicted to bitcoin, maybe they don't want to miss the opportunity to make an instant profit and that's why they borrowed money and also gave a portion of interest to the lender. You can borrow money to do any progressive work, so borrowing money is ok if he is skilled enough to do online trading.

One is said to be addicted only when their habits start resulting in negative consequences. Borrowing money for crypto trading is okay but only to some extent. As you said, Borrowing money for the fear of missing out, I don't agree that it’s fine. If a trader is spending his maximum time and amount on crypto and mindlessly trading crypto to elevate his mood, I don't consider it healthy.