Website about psychological risks associated with crypto trading and investing
Cryptocurrencies are risky — not only because of sharp price swings or wallet hacks. The greatest threat to a portfolio often comes from within: our own reactions.
Fear, greed, impatience and the urge to act can cause more damage than the crypto space itself.
Beyond losses, they can trigger stress, anxiety, and even addictive behaviors.¹ As a result, crypto investors need to learn more than just how to read charts. They need to understand how perception could be influenced by their own mind and exactly this is our focus here.
¹ According to BIS studies, 75%-80% of crypto investors lost money between 2015-2022. In other IJMHA study, up to 40% of active crypto traders had addiction-like behavior