Published On: Thu, Mar 2nd, 2023

20 Seconds That Can Break Bad Money Habits

To break the day-trading habit that cost him money, friendships and sleep, crypto fund manager Thomas Meenik first tried meditation and cycling. They proved no substitute for the high he got scrolling through investing forums, he said.  

Instead, he took a digital breath. He installed software that imposed a 20-second delay whenever he tried to open CoinStats or Tradeweb. Twenty seconds might not seem like much, but feels excruciating in smartphone time, he said. As a result, he checks his accounts 60% less.

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