Problematic Cryptocurrency Trading Among Traders in Türkiye: A Cross-Sectional Study of Prevalence and Associations with Anxiety, Depression, and Problem Gambling.

Abstract

Cryptocurrency trading is becoming increasingly popular in Türkiye. Problematic cryptocurrency trading (PCT) is considered a public health issue due to its potential psychological and behavioral consequences. This study examined the prevalence of PCT among Turkish investors and its associations with mental health and related risk factors. In this cross-sectional study, 596 male Turkish participants aged between 20 and 63 years (mean = 33.6) were recruited using a purposive online sampling strategy via cryptocurrency-focused social media groups. Participants who actively owned cryptocurrency were assessed using the Problematic Cryptocurrency Trading Scale (PCTS), the Beck Anxiety Inventory (BAI), the Beck Depression Inventory (BDI), and the South Oaks Gambling Screen (SOGS). The analysis revealed a PCT prevalence of 26.3%, with significant associations identified between PCT and anxiety, depression, problem gambling, and frequent trading behavior. Logistic regression analysis revealed that problem gambling is the most significant risk factor for the development of problematic cryptocurrency trading (PCT), followed by daily trading activity. Additionally, severe anxiety and marital status were identified as important risk factors. This study highlights the public health significance of PCT and underscores the need for preventive interventions. The findings emphasize the importance of integrating PCT screening into mental health and gambling disorder programs in Türkiye.