The Relationship Among Gambling Addiction, Sleep Quality, Depression, and Anxiety in Individuals Who Trade Cryptocurrencies

Cyprus Turkish Journal of Psychiatry & Psychology Vol.7 Issue.4

Doi:10.35365/ctjpp.25.4.02

RESEARCH ARTICLE / ARAŞTIRMA YAZISI

The Relationship Among Gambling Addiction, Sleep Quality, Depression, and Anxiety in Individuals Who Trade Cryptocurrencies

Kripto Para Ticareti Yapan Bireylerde Kumar Bağımlılığı, Uyku Kalitesi, Depresyon ve Anksiyete Arasındaki İlişki

Ömer Metehan Karadağ¹, Gülşen Filazoğlu Çokluk²

Abstract:

This study evaluates gambling addiction patterns, sleep quality metrics, depression indicators, and anxiety parameters among cryptocurrency traders. Our analysis explores the psychosocial impacts of digital asset adoption, particularly examining how market participation influences behavioral health outcomes. Participants underwent comprehensive assessments through the administration of standardized instruments measuring sociodemographic variables, cryptocurrency trading frequency, and psychological states. The cohort comprised 129 participants and data were processed using IBM SPSS Statistics 25.0. The applicability of parametric testing was confirmed through normality assessments, supplemented by Pearson correlations and ANOVA for the analysis of multiple variables. Predictive modeling incorporated simple linear regression, while hierarchical regression was performed to evaluate mediator effects. Three critical insights emerged. First, cryptocurrency trading is significantly associated with gambling addiction, а finding suggesting that speculative markets may inspire compulsive financial behaviors. Second, sleep quality degradation appears to be strongly correlated with trading activity intensity, market volatility, and unpredictable hours. These factors have the potential to disrupt circadian rhythms. Third, while depression levels showed no statistical linkage to cryptocurrency use, anxiety metrics revealed elevated baselines across the cohort. The 24/7 trading environment and the unpredictability of assets likely exacerbate stress responses. Notably, individual risk tolerance variations partially mediate psychological outcomes, underscoring the need for personalized intervention frameworks.

Keywords: Gambling addiction, Sleep quality, Depression, Anxiety, Cryptocurrency trading.

¹MSc., Istanbul Gelişim Univesity, Institute of Social Sciences, İstanbul, Türkiye, E-mail: [email protected], Orcid Id: 0009-0004-8363-6254

²Asst. Prof. Toros University, Faculty of Economics, Administrative and Social Sciences, Department of Psychology, Mersin, Türkiye, E-mail: [email protected], Orcid Id: 0000-0002-7431-282X

Address of Correspondence/Yazışma Adresi: Gülşen Filazoğlu Çokluk, Toros University, Faculty of Economics, Administrative and Social Sciences, Department of Psychology, Mersin, Türkiye, E-mail: [email protected].

Date of Received/Geliş Tarihi: 15.08.2024, Date of Revision/Düzeltme Tarihi: 01.07.2025, Date of Acceptance/Kabul Tarihi: 20.07.2025, Date of Online Publication/Çevirimiçi Yayın Tarihi: 15.12.2025

Citing/Referans Gösterimi: Karadağ, Ö. M. & Çokluk, G. F. (2025). The Relationship Among Gambling Addiction, Sleep Quality, Depression, And Anxiety in Individuals Who Trade Cryptocurrencies. Cyprus Turkish Journal of Psychiatry & Psychology, 7(4), 349-356.

© 2025 The Author(s). Published by Cyprus Mental Health Institute / Cyprus Turkish Journal of Psychiatry and Psychology (www.ktppdergisi.com). This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution 4.0 license which permits use, sharing, adaptation, distribution and reproduction in any medium or format, provided the original work is properly cited and is not used for commercial purposes. https://creativecommons.org/licenses/by-nc-sa/4.0/