Self-Assessment
Are you worried about your cryptocurrency habits, or is your trading negatively impacting your health and wealth? Try out our crypto-trading addiction calculator to find out if you have developed a problem:

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Anonymous crypto-addiction self assessment

We have created the Crypto-Addiction Calculator to help you understand whether you or a loved one is developing a habit that could lead to an addiction.

For more information about crypto addiction scroll down to the bottom of the self assessment.



Questions

Answers

Do you feel agitated and restless when you are unable to trade crypto ?
Is your crypto holding more then 40% than your entire wealth?
Are you unable to sleep if you have an open trade?
Are you a male between the ages of 25 - 40?
Do you also frequently gamble?
Have you been diagnosed with anxiety or depression?
Do you feel lonely?
Do you fail to do the research on a project that you want to invest and invest impulsively?
Do you trade as a way of distracting yourself from negative feelings like boredom or anxiety?
Do you need to continually increase the amount of money you are investing/trading to obtain that rush or sense of satisfaction?
Do you struggle with other dependencies such as alcohol abuse issues?
Have you ever committed an illegal act like forgery, fraud or theft to finance your trading?
Does your trading have a negative impact on other areas of your life? (i.e., have you missed a deadline, stayed up for days at a time, or missed a social event because you were trading?)
When you lose money, is your first response to invest even more to try and win it back?
Do you struggle with a fear of missing out (FOMO)?
Did you grow up in a wealthy family?
Is your wealth less than 1 millions?
Is your wealth between 1 million and 20 millions?
Is your wealth above 20 millions?
Do you find yourself unable to stop trading even when you want to quit?
Have your friends or family commented on your trading habits? Or, do you trade in secret?
Did you experience neglect (of any kind) in your childhood?

Results / Answers

0 – 5: No Crypto Addiction

Based on your answers, you have a very low risk of developing an addiction to cryptocurrency. If you keep going as you are, we see no reason why you can’t continue to trade in moderation.

That being said, very low risk does not mean an addiction could never form. In choosing to complete this self-assessment, it shows us that you are aware of the risks and you are mindful of your engagement with these addictive activities. Try to stay self-aware and watch out for any warning signs.

Further, if you have also taken this quiz because you are excessively worried about your behaviour and can find no rational reason to feel like this, it could be a sign that you are struggling with symptoms of generalised anxiety disorder (GAD). Click here to learn more about the signs and symptoms of anxiety and how we can help you overcome the condition.

5– 10: Potential for Addiction

Based on your answers, you have a medium risk of developing an addiction to cryptocurrency. In other words, it is likely that you sometimes use trading as a coping mechanism, but you do not do it enough to constitute a full-fledged addiction. If you carry on as you are, you could end up with an addiction, so it is important to implement boundaries now.

We would recommend trying to figure out when you use cryptocurrency in an addictive manner and when you engage with it in moderation. To do this, try to understand your triggers and act on them differently. The crux here is to ask yourself; when do I feel an uncontrollable urge to trade? Then ask yourself, are there any negative emotions or experiences that I am trying to escape?

For example, if you notice that the urge kicks in when you feel lonely, make a plan to see a friend the next time that feeling hits. If you start thinking about CoinMarketCap when you feel bored, try to go for a walk instead.

Remain vigilant with yourself and watch out for these warning signs:

  • Finding yourself preoccupied with gambling/cryptocurrency and constantly planning when and how to trade.
  • Trading in secret or minimising the extent to your loved ones.
  • Experiencing an intense urge to increase your bets or the amount of money invested.
  • Feeling anxious, irritable or losing sleep when you try to stop.
  • Difficult emotions such as guilt, anxiety or stress trigger an urge to gamble/invest.

Seek help as soon as you see yourself in any of these symptoms.

10 – 15: A dependency could form.

Based on your answers, you have a risk of developing an addiction to cryptocurrency. This means your brain may be dependent on the feel-good neurochemicals released when you invest. So, whenever you try to spend time away from the activity, you might experience withdrawal symptoms as your brain craves those neurochemicals.

We would recommend, if possible, seeking professional help. Of course, we understand that going to rehab or a clinic for a cryptocurrency addiction is not an easy decision. At Paracelsus Recovery, our treatment programmes are built upon our pillars of harm-reduction, addressing psychological and physical imbalances and providing you with the specific psychotherapeutic treatment you need.

If professional help is not an option for you, try to reach out to a loved one and let them know that you are worried about your trading habits. There are also practical acts you can take such as deleting, blocking or removing devices, apps, and websites used for trading. If deemed necessary, it can also be useful to have your funds monitored by a loved one during the early stages of your recovery.

15 – 20: A dependency is forming.

Based on your answers, you have a very high risk of developing an addiction to cryptocurrency. Cryptocurrency is aprogressive addiction which means that you need to gamble/invest more and more to obtain a fix. In other words, you will need to take bigger risks and receive greater wins. You may also be experiencing withdrawal symptoms when separated from the activity, such as low mood, headaches, irritation, or exhaustion.

We are sorry to hear you are struggling. We have seen first-hand how cryptocurrency addictions result in destroyed relationships, grave financial loss and difficult feelings such as shame, guilt, or despair. Although challenging, try to remember that recovery is possible, and help is available.

We would recommend, if possible, seeking professional help. Of course, we understand that going to rehab or a clinic for a gambling/cryptocurrency addiction is not an easy decision. At Paracelsus Recovery, our treatment programmes are built upon our pillars of harm-reduction, addressing psychological and physical imbalances and providing you with the specific psychotherapeutic treatment you need.

If professional help is not an option for you, try to reach out to a loved one and let them know that you are worried about your trading habits. There are also practical acts you can take such as deleting, blocking or removing devices, apps, and websites used for trading. If deemed necessary, it can also be useful to have your funds monitored by a loved one during the early stages of your recovery.

Contact us at info@paracelsus-recovery.com to learn more.

DISCLAIMER: The Cryptocurrency Addiction Calculator was created by our research team. It applies an algorithm that combines publicly available data, privately conducted surveys amongst ultra-high-net-worth families and knowledge obtained from Paracelsus Recovery’s extensive expertise in treating wealthy individuals and their families in the grips of addiction. The results depict the statistical likelihood that you will develop a trading addiction (or already have done). Nonetheless, it cannot be overstated that it is a tool designed to generate awareness and has no predictive power.

What is Cryptocurrency Addiction?

If someone in your family has a problem, remember that help is always available, even when the situation seemshopeless. Click here to learn more about our cryptocurrency treatment programme.

Cryptocurrency functions in a very similar manner to gambling; the lack of regulation makes cryptocurrencies highly volatile, which means when you win, you win big. These 'big wins,' release vast amounts of feel-good chemicals in our brain, which is why cryptocurrency can be addictive.

Cryptocurrency addiction is a progressive behavioural addiction. This means that you become hooked on a set of actions rather than a substance. By progressive, we mean that you need to gamble/invest more and more to obtain a fix. In other words, they will need to take bigger risks and receive greater wins.

Cryptocurrency addiction can lead to withdrawal symptoms when separated from the thrill, much like an individual with a substance abuse dependency struggles when separated from their drug of choice.

Signs of a cryptocurrency addiction include:

  • Finding yourself preoccupied with the latest cryptocurrency news (e.g. always keeping a CoinMarketCap tab open in your browser).
  • Trading in secret or minimising the extent to your loved ones.
  • Experiencing an intense urge to increase the amount of money invested continually.
  • Feeling anxious, irritable or losing sleep when you try to stop.
  • Difficult emotions such as guilt, anxiety or stress trigger an urge to invest.

If you see yourself in any of these symptoms, you might be developing a dependency. If you would like help overcoming these issues, get in touch to learn more about our 4-week residential treatment programme for cryptocurrency dependency. We can provide in-patient treatment in Zurich and London. Alternatively, we can create a fully online care plan.

To note - if you tried out our calculator because you are worried about your cryptocurrency habits, but they do not yet constitute an addiction, that does not mean you need to continue blindly along this path. There are numerous treatment programs out there that can help you effectively address the underlying issues that are causing you to (sometimes) excessively invest. For instance, our 3-day comprehensive health assessment programme can provide you with a full picture of your health. We will also provide a detailed plan to address any identified issues.

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