Bitcoin Addict? This Scottish Rehabilitation Hospital Can Help

If you find yourself taking the “hold on for dear life,” or HODL, stance toward cryptocurrency to the extreme, and can’t help yourself when it comes to buying cryptocurrency, you may be addicted. That’s the view of experts at the Scotland-based Castle Craig Hospital, which expanded its rehab services to cover cryptocurrency addiction earlier this month.

Experts have long compared the thrill of cryptocurrency to day trading, both of which entail high degrees of risk. You’re essentially gambling with your money with crypto and with day trading, and the thrill of massive returns — and the potential addictive effects — create an emotional dependence that is not much different from gambling addiction.

“The high risk, fluctuating cryptocurrency market appeals to the problem gambler,” Castle Craig gambling therapist Chris Burn says. “It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains & losses were made….