When crypto becomes a problem

People who seek escape, meaning, excitement, or control over their lives in crypto can fall into addiction without realizing it. However, addiction to crypto often has multiple causes that are often interrelated and is not due to a single reason, but rather a combination of biological, psychological, and social factors.

🔬 Biological and neurological causes:

• Dopamine stimulation: Sharp price movements, profits, notifications = dopamine rushes (reward hormone), similar to gambling or drugs.

• Changes in brain circuits: Long-term trading can disrupt the brain's regulatory centers, leading to a loss of self-control, even though the person is aware of its negative effects. They feel remorse after a loss, but reassure themselves by continuing to trade.

• Genetic predisposition: People who are more prone to impulsivity or addiction are at greater risk.

🧠 Psychological causes:

• The desire for quick profits/control over life, escape from stress or emptiness, low self-esteem or the need for recognition, 

• FOMO (fear of missing out) – a powerful driver of risky behavior, getting stuck in a cycle of loss

• The urge to "make up" for losses (chasing losses), typical of pathological gambling

👥 Social and cultural causes:

• The influence of influencers and YouTubers who promote "guaranteed tips" and lifestyles

• The cult of success and wealth – society often judges people by their money

• Isolation and lack of healthy relationships – the digital world instead of human contact

📱 Technological triggers:

• 24/7 availability – markets never sleep, apps are always at hand

• Gamification and app design – colors, sounds, graphics reminiscent of a casino

• Anonymity and the feeling that money is "unreal" – clicking is easier than reaching into your wallet

The path to recovery begins with understanding, accepting the problem, and seeking help. Other methods that may help:

• Control settings – time limits or complete digital detox, entrusting account management, to a trusted person or blocking access to exchanges.

• Avoiding triggers and building alternative habits – e.g., unsubscribing from Telegram/Discord groups, unfollowing influencers, shifting attention to sports, art, study, volunteering.

• Cognitive behavioral therapy (CBT): Teaches you to recognize triggers and manage the urge to trade (e.g., boredom, stress, FOMO). If trading is a way of escaping deeper problems (e.g., depression, anxiety), trauma-focused therapy is appropriate.