Prevalence and Associated Factors of Depression, Anxiety and Gambling Problem among Cryptocurrency Investors in Thailand
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Abstract
Objective: To study the prevalence and associated factors of depression, anxiety disorders, and gambling problems among cryptocurrency investors in Thailand.
Methods: This study employed a cross-sectional observational study design among Thai individuals aged 18 years and above who had owned cryptocurrency for more than 6 months. The study aimed to gather basic demographic information and screen for depression (PHQ-9), anxiety (GAD-7), and gambling problems (PGSI).
Results: 1,052 respondents completed online questionnaires, with 927 deemed eligible and reliable for analysis. The majority, over 95%, did not have depression disorders, anxiety disorders, or bipolar disorders diagnosed by a physician before investment. The median total Problem Gambling Severity Index (PGSI) score was 5, indicating moderate-risk gambler. The prevalence of depression was found to be 289 (31.17%), while the prevalence of anxiety disorders was 121 (13.05%) 227 respondents (24.51%) scored 8 points and more (high-risk gamblers). Factors associated with depression included education level, type of investment, presence of mood disorders, and hours spent investing per week. Factors associated with anxiety included age, presence of mood disorders, and hours spent investing per week. Statistically significant factors associated with gambling problem severity included age, location, type of investment, presence of mood disorders, and hours spent investing per week.
Conclusion: The study on cryptocurrency investors in Thailand found several factors associated with depression, anxiety, and gambling problems related to investment. Important associated factors include type of investment, presence of mood disorders, and hours spent investing per week. Therefore, relevant parties should consider strategies for monitoring, counseling, and supporting cryptocurrency investors in need of help.
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