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How Crypto Affects Your Relationships and Mental Health

Crypto with Lorenzo
8 min readMar 12, 2025

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While BTC’s (and some altcoins’) earliest investors pocketed millions in profits and achieved financial independence without telling a soul, for some, it was anything but smooth sailing.

Today, I will discuss my first-hand experiences of being actively involved in (dare I say, obsessed with) crypto and how it typically impacts our behaviour, including its positives and negatives. I have also included scientific perspectives on the relationship between the two.

Non-members can read the full story here for free.

You will likely lose friends

Or, at the very least, you will become more distant.

One of my good friends only invests in property and doesn’t touch crypto, stocks, bonds, art and collectibles, precious metals, or other commodities.

He has some exposure to these investments through his pension fund, but it is still minimal.

Real estate has been very profitable for many people and offers a solid balance of risk and reward.

Over the years, I’ve noticed hints of resentment for not having heeded my advice since 2017, occasionally reminding him to consider crypto.

I find it downright disappointing when people dare to do this. They refuse to take a small risk (a relatively low one for the most part, before 2021)…

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Australian crypto enthusiast. Not financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X, Bluesky and LinkedIn.

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