A Scottish addiction clinic has begun treating people who are hooked on trading cryptocurrencies.
Edinburgh:
A Scottish addiction clinic has begun treating people who are hooked on trading cryptocurrencies.
Traders can become addicted to cryptocurrencies like bitcoin as their volatile price fluctuations can be as thrilling but potentially costly as gambling, according to therapists at Castle Craig clinic near Edinburgh
Cryptocurrency addicts are offered treatments such as a 12-step programme,
cognitive behavioural therapy (CBT), trauma therapy and equine therapy.
Chris Burn, a gambling therapist at Castle Craig Hospital, said:
"The high risk, fluctuating cryptocurrency market appeals to the problem gambler.
"It provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It's a classic bubble situation," he said Castle Craig has treated over 10,000 patients for various addictions since it opened in 1988, and says the majority have gone on to achieve long-term abstinent recovery.
Read more here : https://www.google.com/amp/s/health.economictimes.indiatimes.com/amp/news/diagnostics/cryptocurrency-addicts-seek-treatment-at-scottish-clinic/64377879
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