Jump to content

NEW VIDEO: I Quit MMOs and THIS Happened

About trading and addiction


Jay V

Recommended Posts

Recently I met a friend who is clean and sober 5 years ago (from alcohol and drugs). Actually he is doing rehab because of compulsive gambling. But is not the classical casino gambler, he lost a lot of money on trading virtual coins (crypto currencies, Bitcoin, etc). 

so I wonder if there's relevant information about this topic. It's like a casino but without bet limit. It seems p interesting to study

Link to comment
Share on other sites

  • 4 years later...
19 minutes ago, MorganGalvan said:

Hey there. How's your friend doing now? I've never known that trading could be addictive.

 

You can trade on high risk assets. You can use so called ‘leverages’ that means you can use 1k$ with a 100x leverage, so instead of investing 1k$ you can invest 100k$, so if Bitcoin just moves up 1%, you made 1k$ profit. You can get rich in one night, or lose everything in one second, because if the asset went down 1%, you wont just lose a part of your money, you will be liquidated, that means you lost everything. High risk, high reward -> Easy addiction. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...