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Crypto-therapy? Cryptocurrency leading to many youngsters seeking counselling

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Updated on: 18 December,2021 07:06 AM IST  |  Mumbai
Somita Pal |

City doctors are saying the fluctuating digital currency market is sending teens and youth on anxiety trips, even while government explores ways to regulate the industry

Crypto-therapy? Cryptocurrency leading to many youngsters seeking counselling

Trading in cryptocurrencies is akin to a roller-coaster ride, say experts


The recent crypto boom can be a slippery slope, a Chembur couple and their 17-year-old son learned the hard way. They recently sought counselling after suffering a huge loss in digital currency trading. Psychiatrists report a surge in the number of youngsters, involved in the volatile trade, visiting them. The boy managed to earn Rs 1 lakh a month initially, but the dream run didn’t last long. He suffered massive losses leading to his parents getting upset with him.


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