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According to research at the University of Queensland, it has been found that trading related to cryptocurrency leads to mental health problems such as anxiety and depression. Specifically, the research student Ben Johnson from UQ National Centre for Youth Substance Use Research (NCYSUR) reviewed existing studies based on cryptocurrency trading and their associations with gambling as well as mental health.

Generally according it was found that the tendency of cryptocurrency trading was more prevalent among the young population as they are considered to be high-risk takers. While Cryptocurrencies are assets which are traded on an online basis with the assistance of a computer or mobile system. Moreover, these currency serves as an alternative to traditional currencies. However, as there is no regulatory authority compared to traditional currencies such as the Reserve Bank of Australia there is a higher scope of the volatility of the value of the currency.

Despite the finding of current research on cryptocurrency, there is still a lot to learn about the long-term impact on mental health due to regular cryptocurrency trading.