RESOURCE ARTICLE
RESOURCE ARTICLE
Because the crypto market is extremely volatile and operates 24/7, traders and investors are exposed to continuous fluctuations that can lead to heightened stress, constant price monitoring, and increasing emotional pressure or compulsive behaviour.
These symptoms are interconnected and increase the risk of emotional dependence on the market and development of addictive behavior, anxiety or depression. More in our report or personal testimonies.
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Regulatory frameworks enforcing structural safeguards as limits on leverage, ethical marketing or comprehensive knowledge tests.
These requirements works as protective layer empowering users to trade responsibly and do not accidentally engage in trades they do not fully understand or cannot afford.
According to recent evidence from a new database on retail crypto adoption, many users display low levels of financial literacy, particularly in understanding risks, volatility, and the underlying technology of crypto assets.
Exactly this lack of literacy often leads to impulsive investment behaviour, susceptibility to misinformation or overconfidence in unverified sources. Strengthening financial literacy is therefore essential to reduce harmful behaviour and promote informed decision-making.
International articles
South Korean youth turn to crypto out of desperation
Alper, T. (2023, March 23). Cointelegraph. https://cointelegraph.com/news/south-korean-youth-turn-to-crypto-out-of-desperation
When trading crypto becomes an addiction
Chipolina, S., & Love, P. (2023, May 31). Financial Times https://www.ft.com/content/0f879851-5c74-42ef-914b-154cd4e9a881
How Binance Takes Responsible Trading Seriously, and Why You Should, Too
Binance. 2021 https://www.binance.com/en/blog/futures/421499824684900595
The Compliance Diest (2024) https://thecompliancedigest.com/mica-and-consumer-protection/