What Makes Crypto So Addictive?
“Crypto assets trade 24/7/365,” said Ryan Hansen, head of sales for Mercury Digital Assets. “So you can always get a real-time look at your portfolio holdings, which may fluctuate dramatically since crypto is a young, relatively volatile asset class. This can be compounded by apps pushing notifications, so you don’t even have to log in to (access) engaging content that gets served up continuously on platforms like YouTube.”
Additionally, Hansen noted, crypto price activity is flooding media of all kinds, requiring a very disciplined effort to avoid looking at things that may affect your investments.
“Like buying stocks or any other asset class, it is exciting to watch your holdings increase in value and even more exciting when it happens quickly,” Hansen said, “so it is part human nature to want to get a dopamine hit when the market goes your way.”