Doctors note that the volatility of the cryptorrhoids, the fear of missing the benefit (FOMO) and significant financial losses create the perfect ground for stress, depression, anxiety disorders and even more severe consequences, such as suicidal thoughts or addictions.
For example, after the collapse of the cryptorrhist in 2022 about problems with the emotional health of crypto traders They said Practicing psychiatrists of Russia and other countries, including the USA, Taiwan, South Korea and the UK. In some cases, cases of investor suicide were recorded.
World Health Organization (WHO) also reports About a 25%growth of mental disorders among crypto-investors against the background of financial difficulties. Data for 2024 from psychiatric clinics and rehabilitation centers for a number of reasons are limited, however Global Data confirm the seriousness of the situation.
In particular, the study of Public Health, published In Forbes in September 2024, it showed that crypto traders are 4 times more likely to suffer from game addiction and 2 times more often from excessive use of the Internet, which leads to loneliness, depression and stress.
Psychiatric clinics, such as Castle Craig Hospital in Scotland and Paracelsus Recovery in Switzerland, report an increase in the number of patients whose severe mental condition is caused by loss in crypto. In Europe, specialized centers for the treatment of crypto dependence even began to open.
If we assume that out of 750 million people living in Europe, cryptocurrencies actively use about 10% of the population, and behavioral dependencies, such as gambling, affect from 1% to 3% of active participants, then potentially in Europe can be from 750,000 to 2.25 million people with a risk of crypto dependence.
At the moment, in Europe, treatment of various forms of crypto dependence and its consequences are offered about 15 psychiatric clinics, mainly in the UK, Switzerland and Spain.
Since 2025, the European Monitoring Center for drugs and drug addiction (EMCDDA/EUDA) plans to track changes in data that reflects the degree of dependence of the psychological health of the population on the consequences of investing in crypto assets.
In February, the cryptotorder, under the pseudonym, Mistafucyou shot a live after the loss of the last $ 500 invested in a fraudulent token. Earlier, the creator of the Dare Memcoin under the nickname Mikol (Mikol) set himself on fire on the air during Stream to maintain interest in his digital asset.
Source: Bits
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