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Home Cryptocurrency

Spanish Rehab Center Adds Crypto Trading Addiction to Its List of Services

February 6, 2023
in Cryptocurrency
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Spanish Rehab Center Adds Crypto Trading Addiction to Its List of Services
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Another hospital in Scotland called the Castle Craig Hospital is an addiction rehabilitation clinic treating high-adrenaline crypto traders since 2018.

A Spanish rehabilitation center has added another addiction to the list of issues against which it provides services. The new addiction is the habit-causing problem of crypto trading.

The establishment is a Switzerland-oriented wellness center, called the Balance, with its main office of management in Mallorca’s Spanish Island in addition to other units in London and Zurich. Recently, the platform began offering services for preventing crypto trading addiction.

The luxury rehabilitation center in Spain has been treating addictions like alcohol, drugs, and behavioral health for a long time. However, recently, it has offered services that are focussed on battling crypto trading addiction.

The February 5th report described that one of the center’s customers contacted them for treating crypto addiction after allegedly investing approximately $200,000 worth of trades every week. The treatment comprises a four-week stay that involves therapy, massages, and yoga. The bill can be estimated to reach over $75,000.

Another hospital in Scotland called the Castle Craig Hospital is an addiction rehabilitation clinic treating high-adrenaline crypto traders since 2018. It has witnessed more than a hundred customers who have been admitted for harmful cryptocurrency trading issues.

Castle Craig Hospital in Peeblesshire, the Scottish Borders, has introduced a course of residential treatment for those who can be deemed as crypto addicts. According to experts, crypto trading has the potential to become a dangerous kind of addiction, where investors will persistently study minute-to-minute disturbances all day long.

According to a therapist at Castle Craig Hospital, the massive risk results in the issue of gambling. It offers excitement and an escape from reality, which creates the classic bubble situation.

Castle Craig explained that while there are no numbers to ascertain the crypto addicts, there are more than thirteen million people around the world who are engaged in trading. Therefore, the number of people suffering from gambling issues must be significant.

Coming back to the Spanish rehab center, we should add that it adopts the methods of Cognitive Behavioral Therapy (CBT), Motivational Interviewing (MI), and Psychodynamic Theory (PT), as a unit of its exhaustive, multi-level strategy to help traders beat their addiction.

It is also perceived that the delirious highs and lows of the extremely unstable, 24/7 cryptocurrency trading regime have led to the massive demand for rehab centers that provide services for trading addicts. According to an article by Family Addiction Specialist, around one percent of investors will have critical pathological addiction, while another ten percent will suffer additional problems separate from the monetary loss.

A similar establishment has been launched in Asia, called the Diamond Rehabilitation. It is a Thailand-based wellness center that has also begun cryptocurrency addiction-based treatment practices.

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Sanaa Sharma

Sanaa is a chemistry major and a Blockchain enthusiast. As a science student, her research skills enable her to understand the intricacies of Financial Markets. She believes that Blockchain technology has the potential to revolutionize every industry in the world.

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