There are a few studies that have compared the psychological status and investment style of Bitcoin investors to non-Bitcoin investors.

One study found that Bitcoin investors tend to have higher levels of neuroticism and lower levels of anxiety compared to non-investors. Another study found that the fear of missing out (FoMO) was a significant predictor of investment intentions in Bitcoin, while it was not significant for stocks. However, these studies did not specifically examine the relationship between Bitcoin investing and depression or anxiety. It is worth mentioning that some research suggests that smoking, which is more common among people with mental health conditions, may be linked to depression and anxiety. Lastly, a scoping review found mixed results on the association between cryptocurrency trading and mental health, including gambling and personality characteristics. More research is needed to fully understand the relationship between Bitcoin investing and mental health.

3 Citations

Comparison of Psychological Status and Investment Style Between Bitcoin Investors and Share Investors - PMC

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7705067/

Frontiers | Comparison of Psychological Status and Investment Style Between Bitcoin Investors and Share Investors

https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2020.502295/full

Cryptocurrency trading and its associations with gambling and mental health: A scoping review - ScienceDirect

https://www.sciencedirect.com/science/article/abs/pii/S0306460322002702

That is the slickest KYC idea ive ever read my Canadian brother.

I would check depression rates against those who have owned and lost their boats in tragic accidents though