Moscow Firm Opens World’s First Crypto Addict Hotline

While dramatic price swings of bitcoin and other cryptocurrencies are rattling the nerves of investors, a Moscow-based company has launched a hotline to help ease their anxiety over crypto market fluctuations.

Back in December, bitcoin smashed the all-time high of $20,000, but dropped below $6,000 earlier this week after a lengthy downtrend period. Such fluctuations are obviously a cause of huge stress for investors, especially those with little experience in cryptocurrencies, and potentially could even lead to mass suicides, psychologists claim.

A Moscow-based company, Blockchain Fund, which buys and stores cryptocurrency for clients, has opened a hotline just for these people.

“Some people are in a panic, they don’t understand what is happening. At first everything was so good in this market, and now it has faced such changes,” Elena Pikhovkina, a psychologist working on the hotline, told Life.ru.

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