A rehabilitation centre’s projections imply that approximately one percent of bitcoin traders will develop a strong addiction to the activity.
The information provided by the dealers themselves served as the basis for this calculation. The Balance is a luxurious rehabilitation centre in Spain.
It has just lately begun treating patients who are addicted to this newly discovered substance. The first facility of the clinic was established in Switzerland.
However, it has since expanded to include clinics in Zurich, Mallorca, and London.
A facility that is well-known for treating addictions to both substances and behaviours has begun providing treatment for cryptocurrency addiction.
For the organisation, this is a comparatively recent project. Despite its well-established reputation for the treatment of addictions to substances like alcohol and narcotics and behavioural health issues.
According to the report, one of the centre’s clients contacted the centre.
This was for assistance in quitting cryptocurrencies after it was suspected that they were trading $200,000 worth of bitcoin per week.
The report that was made public their cryptocurrency news websites on February 5 included the disclosure of this information.
Luxury Rehab Centres Offer High-Cost Treatment for Crypto Addiction
Over the course of one month, patients at a rehabilitation centre will participate in yoga, get massages.
They will also attend therapy sessions as part of their prescribed treatment regimen. There is a possibility that the programme will cost more than $75,000 total.
Since 2018, the high-stakes cryptocurrency dealers at Castle Craig Hospital in Scotland, have been treated there.
The hospital has seen over one hundred patients for treatment relating to these risky digital assets.
A wellness centre in Thailand known as Diamond Rehabilitation began providing services for those battling with an addiction to bitcoin.
This centre is one of the few establishments in Asia that offers these kind of services, making it quite unique. The rehabilitation facility employs a method that is both multi-pronged and all-encompassing.
This is to assist patients in conquering their addiction to cryptocurrency trading. This strategy incorporates Motivational Interviewing, Psychodynamic Theory, and Cognitive Behavioural Therapy.
All of these are incorporated in order to aid individuals in overcoming their reliance on trading in the financial markets.
Additionally, the group offers services on several levels to those who are battling with addiction and seeking assistance. There is a growing demand for such rehabilitation centres.
This is because they are able to offer support for people who have become addicted to trading cryptocurrency.
They have become addicted due to the fast-paced and constantly accessible nature of cryptocurrency trading. The crypto trade operates 24 hours a day and 7 days a week.
The ups and downs of the cryptocurrency market have led to multiple consequences.
One of them is a considerable rise in the number of people looking for assistance to break free from their addiction.
The customers can access the market at any time of day or night. This has only served to heighten the sense of urgency associated with this steadily rising demand.
Study Finds 1% of Crypto Traders Face Severe Addiction Issues
It is estimated that approximately one percent of cryptocurrency traders will deal with a severe form of pathological addiction.
This was figured out after a study was conducted on addiction disorders caused by gambl*ng. It was stated in an article that was recently published by Family Addiction Specialist.
Furthermore, it is projected that another 10% of traders may encounter issues connected to trading, coupled with a loss of financial resources.
These forecasts are grounded in the assumption that a percent of cryptocurrency traders will acquire an addiction to trading as a pathology.
One of the indications of cryptocurrency addiction is a constant need to monitor prices of cryptocurrencies.
That too at odd hours of the night, according to Family Addiction Specialist, who specialises in the treatment of addiction.
It is essential for people to be aware of these warning signs. And get professional assistance if they suspect they may be battling an addiction.