Whip-sawed cryptocurrency traders are seeking therapy for help with addiction

Whip-sawed cryptocurrency traders are seeking therapy for help with addiction

Some therapists are seeing a wave of clients seeking help for addiction to buying and selling cryptocurrency and crypto-related mental health issues, . Cryptocurrency made its first big appearance in Super Bowl commercials this year, notably trading platform , which drove so much traffic to the site that it crashed. Currencies like Bitcoin, ethereum have and even spurred a series of targeting cryptocurrency and NFT owners. But the rise of crypto has also driven clients – especially men and those who already struggle with mental health – to seek help with addiction to the currencies, per the Quartz report. One therapist, London-based Peter Klein, told Quartz that a client in a difficult marriage used crypto as a form of escape, staying in the basement buying and selling currencies and doing cocaine. Others simply express high levels of anxiety and despair about transactions, especially when the volatile crypto markets crash. "Addiction is all about those highs and lows," Patty Fiore, therapist and crypto trader, told Quartz. This is likely similar to other forms of addiction to gambling or day trading, except, as Fiore said, crypto trading is available 24 hours a day, unlike traditional stock market swaps. Klein also told the