Rehabilitation Center for Cryptocurrency Addicts Launched in Spain

“The Balance”—a Swiss-established rehabilitation center located on Mallorca Island and branches in London and Zurich—just announced a revolutionary new service dedicated to treating crypto trading addiction. This luxury rehabilitation facility has long provided cutting-edge solutions for addictive habits such as alcohol consumption, drug use, and behavioral health concerns; now, they have set their sights on combatting this growing phenomenon.

Rehabilitation Center for Cryptocurrency Addicts Launched in Spain

Crypto Rehabilitation Centers are Established in Different Places of the World

According to a February 5th report, one individual who made trades of $200,000 each week wanted help in “weaning off crypto.” The four-week stay at the crypto rehab center consists of therapeutic treatments such as massage and yoga that may cost up to $75,000. Additionally, Castle Craig Hospital, located in Scotland, revealed an influx of over 100 patrons with extreme cryptocurrency issues since 2018. It is clear from this data that there is a need for more rehabilitation centers dedicated to helping those struggling with crypto trading addictions.

Established in 2019, Diamond Rehabilitation – a Thailand wellness center, has provided exclusive services for crypto rehab and treatment to people living in Asia. This organization follows an all-inclusive multi-stage approach that is centered around Cognitive Behavioral Therapy (CBT), Motivational Interviewing (MI), and Psychodynamic Theory (PT). All of these approaches help individuals afflicted with addiction gain control over their lives again.

The Fast Pace of Crypto Trading Seems to Make People Addicted

Speculations suggest that the high-speed, 24/7 cryptocurrency trading environment has required a real need for crypto rehab centers to serve traders who have become addicted. An article by Family Addiction Specialist estimates that approximately 1% of crypto traders will develop an intense pathological addiction while 10% more may suffer from issues beyond financial losses.

According to experts in addiction, those affected by shopping addiction may find themselves compulsively checking prices online – especially during the late hours of the night.

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Armaan Khatri

I'm Armaan Khatri, a financial writer, editor, and market analyst. A former VP and market risk advisor worken in India at Citizens Financial Group. Have more than 15 years of financial services experience that also includes personal finance, personal banking, IRAs, and retirement services.

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