Interest in the crypto industry has peaked and is posing new challenges. The high risks of the volatile digital market are becoming a problem for all its participants and can lead, according to English doctors, to crypto-addiction.
Crypto addicts who become addicted to trading virtual money can now get psychological help at an addiction treatment center in the Scottish Borders. Craig Castle Hospital in Peeblesshire, Scotland, has created a “crypto addiction” treatment course to address underlying issues and teach people how to live without Bitcoin and its derivatives. Experts say trading digital currencies could become a behavioral addiction similar to gambling. Minute-by-minute tracking of the price of an asset, unjustified risk with huge funds and real estate, loss of self-control, and the inability to stop make people with increased addiction gamblers.
Castle Craig Hospital already operates drug and alcohol addiction programs, but notes that it is now offering the first treatment for cryptocurrency addiction, using methods that have worked successfully in gambling addiction programs.
As reported by local news outlet The Scotsman, Castle Craig Hospital will use a treatment course developed by leading experts in psychology and psychiatry. The program is designed to treat those who feel a loss of control in real life and immersion in the virtual world of cryptocurrencies.
According to addiction.com, three to five out of every hundred gamers experience addiction to their activity, which can also apply to crypto trading. Today there are no medical statistics on crypto-addicted patients. But the number of underexamined psychiatrist patients, according to the clinic staff, is about 13 million people who make money on the cryptocurrency market.
Interestingly, not so long ago, the UK government discussed the issue of equating cryptocurrency trading with gambling, but only as part of changing the tax system.
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