{"id":80219,"date":"2018-05-29T18:26:22","date_gmt":"2018-05-29T18:26:22","guid":{"rendered":"http:\/\/www.bnreport.com\/scottish-hospital-offers-treatment-programme-for-cryptocurrency-addicts\/"},"modified":"2018-05-29T18:26:22","modified_gmt":"2018-05-29T18:26:22","slug":"scottish-hospital-offers-treatment-programme-for-cryptocurrency-addicts","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/scottish-hospital-offers-treatment-programme-for-cryptocurrency-addicts\/","title":{"rendered":"Scottish hospital offers treatment programme for cryptocurrency addicts"},"content":{"rendered":"

<\/p>\n

A hospital on the Scottish border is offering treatment for cryptocurrency trading addiction as part of its gambling rehabilitation course.<\/p>\n

Castle Craig Hospital in Peeblesshire, which has offered treatment for other common addictions such as drug and alcohol dependency for 30 years, will be running a programme for so-called \u201ccrypto addicts\u201d.<\/p>\n

Although cryptocurrency trading has become increasingly popular in recent years, there are no concrete figures on the number of people suffering from addiction according to Castle Craig.<\/p>\n

Read more<\/strong>: Plus500 sets course for main market after crypto surge and record quarter<\/a><\/p>\n

Chris Burn, a gambling therapist at Castle Craig, said: \u201cThe high risk, fluctuating cryptocurrency market appeals to the problem gambler.\u201d<\/p>\n

\u201cIt provides excitement and an escape from reality. Bitcoin, for example, has been heavily traded and huge gains and losses were made. It's a classic bubble situation.\u201d<\/p>\n

Due to cryptocurrencies' volatile price patterns and obscure value factors, it can become an even more exciting investment than conventional gambling and therefore has a higher risk of addiction, according to the hospital.<\/p>\n

The hospital said: \u201cCryptocurrency users can get hooked by the volatile fluctuation of prices online which creates a high when they buy or trade a winning currency. This can be exciting but also addictive and, like gambling addiction, can be financially disastrous.\u201d<\/p>\n

Read more<\/strong>: Revolut adds XRP and bitcoin cash to its crypto selection<\/a><\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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