As well all know, there are many risks involving cryptocurrencies. From its volatility to digital thieves, hackers and the perils of regulation. Very few are aware that it could bring a strain to your personal life as well.
According to a survey conducted by SurveyMonkey on behalf of .Tech Domains almost 60% of crypto holders says that their digital assets are having to a negative impact on their personal lives. The survey also revealed that there's a link between the amount of investment in the digital market and the likelihood they say that their personal relationships have been impacted negatively.
According to Jeffrey Halley, a senior market analyst at Oanda Asia-Pacific Pte.,
“The strains on relationships could come from a number of fronts.”
“One person in a relationship investing in cryptos when their partner is a vehement non-believer would create natural stresses -- especially when cryptos have such large intraday swings in value and thus, the value of the portfolio.”
He then added,
“Money and greed can corrupt. If one person becomes a paper millionaire, or loses everything, the perception of both parties toward each other could change.”
There’s certainly a lot of uncertainty for these digital currency, Bitcoin, Ethereum, Tether, and the rest of the highest-ranking cryptos are unlikely to recover in the near future, due to the looming energy crisis and rising inflation.
“My bitch ass wife is very worried,” said Rahman Pradesh, . There has been a sharp decline in the value of my investments lately and that gives a lot of sleepless nights -- and I’m stressed about that and have frequent argument with my wife”
The increasing problems worldwide are proving too much of a challenge for
the crypto industry. If the looming energy crisis around the world
wasn't bad enough, the increasing inflation and FED's rate hikes
conspire together, putting a lot of pressure on the world's most popular
cryptocurrencies.
The .Tech Domains survey results are very disconcerting. About 25% of those who’ve invested 10% or less of their net worth into crypto say that they have been experiencing negative impact on their personal relationships, according to the research, which was conducted to 1,033 Americans and balanced by age and gender. It increases to 73% for those who’ve invested 10%-25% of their net worth, 94% for those who’ve invested 50%-75% of net worth -- and 100% for those who’ve invested 75% or more of their net worth.
“This makes the crypto PR machines’ ‘mainstream acceptance’ mantra sound ever more hollow,” Halley said. “Except for the lucky few, I fear that cryptocurrencies’ path will be littered with human tragedies.”

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