Tesla CEO Elon Musk thinks controlling the prices of Dogecoin, SHIB, Bitcoin and other cryptocurrencies can harm your mental health. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Dogecoin, Bitcoin and crypto money warning from Elon Musk!
Tesla CEO Elon Musk believes that following cryptocurrency prices can cause mental health problems, according to his latest tweet. Elon Musk’s warning comes after the Bitcoin price fell more than 7% in a minute before recovering on Thursday. The cryptocurrency market has been extremely turbulent this week with the Shiba Inu stealing all the sparkle. Meanwhile, Ether, the second largest cryptocurrency, hit an all-time high of $4,416 a few hours ago.
While the famous billionaire personally owns Bitcoin, Ether, and Dogecoin, it’s unlikely that Elon Musk’s crypto assets will be large enough to worry him. The Tesla boss’ net assets now exceed a staggering $300 billion. Elon Musk recently said that he bought the aforementioned cryptocurrencies “out of curiosity” and does not hold the Shiba Inu.
Cryptocurrency addiction is not a story, it’s a fact!
Judging by the latest developments, Elon Musk’s concerns are not unfounded. There is a rehabilitation clinic in Scotland for those suffering from cryptocurrency trading addiction. Edinburgh-based Castle Craig has already treated 15 crypto-obsessed patients. Although cryptocurrency addiction is not yet recognized as a separate condition, it resembles compulsive gambling. Social media and promises of big gains are linking people to volatility.
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