Louderback Eric R, McCullock Seth P, LaPlante Debi A
Division on Addiction, Cambridge Health Alliance, a Harvard Medical School Teaching Hospital, Malden, MA, USA.
Harvard Medical School, Boston, MA, USA.
J Gambl Stud. 2025 Mar;41(1):67-89. doi: 10.1007/s10899-024-10343-1. Epub 2024 Aug 17.
Cryptocurrency and day trading have grown in popularity over the past decade following the creation of the first cryptocurrency, Bitcoin, in 2009. These activities share important features with gambling, including risking money on an uncertain outcome, a chance of monetary rewards, and the potential to experience harm (e.g., financial or relationship problems). However, little is known about cryptocurrency and day trading engagement in the adult population, including associations with gambling behavior, harm, and psychological factors that might moderate these relationships. We analyzed cross-sectional data for n = 822 adults from an online panel in the U.S. to examine: (1) the extent to which cryptocurrency trading, day trading, and gambling are associated, (2) relationships between cryptocurrency trading, day trading, and higher risk gambling behavior, and (3) whether financially focused self-concept and four types of gambling motives moderate these relationships. We found moderate to strong positive intercorrelations between cryptocurrency and day trading, and gambling behavior, including engagement and risk. We identified significant moderating effects of financially focused self-concept, and coping motives for gambling, on the relationship between cryptocurrency trading and gambling frequency, and between day trading and gambling frequency. For the models predicting higher risk gambling status, the only significant moderators were financially focused self-concept for the day trading model, and the enhancement motive for the cryptocurrency and day trading models. Our results have important implications for understanding interrelationships between gambling-adjacent activities and more traditional gambling forms, as well as the moderating roles of key psychosocial concepts in these relationships.
自2009年第一种加密货币比特币诞生以来，加密货币和日内交易在过去十年中越来越受欢迎。这些活动与赌博有一些重要的共同特征，包括将资金押注在不确定的结果上、有获得金钱回报的机会以及可能遭受伤害（如财务或人际关系问题）的可能性。然而，对于成年人群中加密货币和日内交易的参与情况，包括与赌博行为、伤害以及可能调节这些关系的心理因素之间的关联，我们了解甚少。我们分析了来自美国一个在线面板的n = 822名成年人的横断面数据，以研究：（1）加密货币交易、日内交易和赌博之间的关联程度；（2）加密货币交易、日内交易与高风险赌博行为之间的关系；（3）以财务为重点的自我概念和四种赌博动机是否调节这些关系。我们发现加密货币与日内交易以及赌博行为（包括参与度和风险）之间存在中度到强的正相关。我们确定了以财务为重点的自我概念以及赌博的应对动机对加密货币交易与赌博频率之间以及日内交易与赌博频率之间关系的显著调节作用。对于预测高风险赌博状态的模型，唯一显著的调节因素是日内交易模型中的以财务为重点的自我概念，以及加密货币和日内交易模型中的增强动机。我们的研究结果对于理解赌博相关活动与更传统赌博形式之间的相互关系，以及关键心理社会概念在这些关系中的调节作用具有重要意义。
