4 ms·

where there’s winning there’s losing. people should know better and accept results of their own actions.

eesmith 5y ago
Since the result for some people is poor mental health, no they should NOT accept that result. They should work to get better, and get help in recognizing and avoiding the path that brought them there in the first place.
- Jerrrry 5y ago
  If you're "good day" depends on a ticker going up or down, that is in no way substantively different than addiction. If it is acceptable for +, then - is also on the table. Saying "feeling bad is poor mental health and shouldn't be accepted" is pretty much a _practically_ useless sentiment. If your dog dies, is it acceptable to grieve? Is that being in poor mental health? Is that acceptable? Shouldn't you take a Xanax and go back to work? The costs of individual liberty are becoming more apparent. This applies to self-directed investing as much as it does gun ownership, or bodily autonomy. If we can simply say it isn't acceptable...what good does that do?
  - eesmith 5y ago
    > that is in no way substantively different than addiction Yes, I agree with the article's multiple comparison's to addition. Eg, quoting it: "Like any addiction, crypto can offer people an escape from the world and a short-term dopamine hit at the expense of everything else in their life." > is pretty much a _practically_ useless sentiment Which is why I said "and get help in recognizing and avoiding the path that brought them there in the first place". Eg, again quoting the article: "Experts like Peter Klein, a cognitive behavioural psychotherapist who offers CBT for cryptocurrency-related mental health issues," > If your dog dies, is it acceptable to grieve? Yes. But if you're still grieving a year later, at 'the expense of everything else in [your] life' then it's a problem. > Shouldn't you take a Xanax and go back to work? Xanax is a prescription drug. Acquiring it legally means that you've gotten some help. I don't think CBT is as useful for the case you described, but that's a wild-ass guess on my part. > If we can simply say it isn't acceptable...what good does that do? I don't know. I didn't say that. Clearly we see approaches towards gambling addition more than "you get what you deserve", so I really don't see your underlying point.

Since the result for some people is poor mental health, no they should NOT accept that result. They should work to get better, and get help in recognizing and avoiding the path that brought them there in the first place.

Jerrrry 5y ago
If you're "good day" depends on a ticker going up or down, that is in no way substantively different than addiction. If it is acceptable for +, then - is also on the table. Saying "feeling bad is poor mental health and shouldn't be accepted" is pretty much a _practically_ useless sentiment. If your dog dies, is it acceptable to grieve? Is that being in poor mental health? Is that acceptable? Shouldn't you take a Xanax and go back to work? The costs of individual liberty are becoming more apparent. This applies to self-directed investing as much as it does gun ownership, or bodily autonomy. If we can simply say it isn't acceptable...what good does that do?
- eesmith 5y ago
  > that is in no way substantively different than addiction Yes, I agree with the article's multiple comparison's to addition. Eg, quoting it: "Like any addiction, crypto can offer people an escape from the world and a short-term dopamine hit at the expense of everything else in their life." > is pretty much a _practically_ useless sentiment Which is why I said "and get help in recognizing and avoiding the path that brought them there in the first place". Eg, again quoting the article: "Experts like Peter Klein, a cognitive behavioural psychotherapist who offers CBT for cryptocurrency-related mental health issues," > If your dog dies, is it acceptable to grieve? Yes. But if you're still grieving a year later, at 'the expense of everything else in [your] life' then it's a problem. > Shouldn't you take a Xanax and go back to work? Xanax is a prescription drug. Acquiring it legally means that you've gotten some help. I don't think CBT is as useful for the case you described, but that's a wild-ass guess on my part. > If we can simply say it isn't acceptable...what good does that do? I don't know. I didn't say that. Clearly we see approaches towards gambling addition more than "you get what you deserve", so I really don't see your underlying point.