Categories: EducationFAQ

What is Obsessive Cryptocurrency Disorder?

People involved in the world of Bitcoin and cryptocurrency eventually exhibit traits of OCD. To be more specific, there are people who suffer from obsessive Cryptocurrency Disorder. Given all of the hype and excitement surrounding this industry, that is anything but surprising. However, it can cause quite some issues regarding mental health and reduce one’s social life to a bare minimum.

Obsessive Cryptocurrency Disorder is a Real Thing

Outsiders often underestimate the willpower it takes to not look at cryptocurrency trading charts all day. As soon as someone owns a Bitcoin or alternative cryptocurrency, they will want to keep tabs on the price. That is only normal, even though things may not change all that much over the course of a day. To be more specific, a lot of volatility has left the cryptocurrency scene as of late, although some currencies are still subject to massive trade swings.

Keeping track of a cryptocurrency portfolio’s value is not all that difficult either. In most cases, it starts out by opening a separate tab on one of the computer screens where a chart is updating in real-time. Some traders and enthusiasts even dedicate a second or third monitor to cryptocurrency price charts to keep tabs on things. While that is not necessarily disturbing, it can affect productivity by quite a margin.

Mobile phones are also a great tool to keep track of a cryptocurrency’s value. Multiple mobile exchange and trading apps exist, all of which have some form of API that can be used as a phone widget. Simply turn on your screen to see the current Bitcoin or altcoin price you are looking for. Once again, it seems innocent at first, but it quickly becomes second nature.

This is how Obsessive Cryptocurrency Disorder starts to manifest itself. When things like checking a coin’s price are part of your daily routine, it only is a matter of time until the urge to do so becomes overwhelming. Price watching is a disease, as one Reddit user aptly points out. It is difficult to not get swept up in all of the excitement when the candles turn green, or the despair when things head south.

Related Post

In fact, a lot of cryptocurrency enthusiasts suffer from Obsessive Cryptocurrency Disorder, yet fail to recognize it. Being involved in Bitcoin and altcoins involves checking prices, which only seems natural to us. However, in some cases, it starts eating at people’s lives, costing them sleep, reducing their productivity, and even affecting their social life. while a large part of our society is always checking their phones, it has become problematic when someone keeps glaring at charts and mumbling to themselves, though.

Obsessive Cryptocurrency Disorder is just like any other thing people can get excited about, though. Grabbing for a phone, tablet, or any other electronic device to look up specific information or connect to the world has become a daily routine for most of us in this day and age of digitization. We need to find a way to deal with this new type of OCD, though, as it is not a healthy development by any means.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Step Finance Hit By Major Treasury Breach

Shockwaves moved through the Solana ecosystem after DeFi dashboard and portfolio platform Step Finance confirmed…

12 hours ago

Tether Caps A Record Year With Explosive Profit Growth

Tether has released its Q4 2025 quarterly attestation, and the numbers confirm what much of…

12 hours ago

Lighter EVM Marks A Major Shift From Trading Engine To Full-Stack DeFi Platform

Lighter is officially stepping beyond its roots as a high-performance perpetual DEX with the launch…

12 hours ago

Vitalik Buterin Deploys 16,384 ETH Toward Privacy And Open Infrastructure

Ethereum co-founder Vitalik Buterin is once again channeling personal capital into the long-term foundations of…

1 day ago

Lido V3 Launches on Ethereum Mainnet With Game-Changing stVaults

Lido Finance has officially activated Lido V3 on the Ethereum mainnet, introducing a powerful new…

1 day ago

Bitcoin Slips To $83,500 As Liquidations Rock The Market

Bitcoin tumbled to around $83,500, marking its lowest level in over a month and triggering…

2 days ago