Gambling is a ruthless addiction.
It certainly is. Here is a good read on the subject, posted yesterday in the bitcoin trading sub on reddit
Between 2015-2018 I lost 7500 ETH, 99.5% of my ETH because of margin trading.
It starts by just using 10% of your ETH, you think, oh thats cool I can take what took me months to save instantly and make profit with hard earned money that I didn't work for....this is a miracle!
And then you lose it. You have 90% of your ETH.
You now decide to take out 20% to get back that 10% back faster, but after a few weeks, you lose that 20%.
You now have 70% of your original ETH.
You say, fuck it, I'm going to use all 70% using really low leverage so I can't get liquidated.
Nope, doesn't work, you get weak hands and sell for a loss over a few trades.
Down to 60% - 65%.
Now you think, FUCK, but the fear hasn't hit you yet.
6 months have gone by, your now down to 50%.
You loss consumes you, you are pissed, you are angry, frustrated, extremely tired and disillusioned. But you are going to make it back, I don't give a FUCK I will die making it back if I have to.
3 months pass. 50% down to 25%.
Another year passes, 25% down to 10%.
Another 6 months pass, 10% down to 5%, now you understand finally that you have become addicted. It has taken everything, your energy, your health, your relationships, your career, your happiness, your love, everything is grey.
But you have no choice. I have to use 10x leverage now to ever have a shot at recovery. To regain what was 'mine'.
5% down to 0.5%, (that's another 90% down even if just 4.5% down in the grand scheme of things).
You accept defeat. You let your ego get the better of you.
What started off as fun, has ruined your life. You are suicidal, you called a gambling hotline and cried to the operator, you think about taking your life every hour of every day. Everything is heavy, and black, and there is no light at the end of the tunnel.
You do not have the energy or will-power to recover. If you cannot get out of bed until noon because sleep is your only escape, how will you regain your career, your health, your finances, your relationships, your energy, your relationships.
Now, you have the greatest War ever envisiged ahead of you, but you are alone, and you cry for help, but there is nothing. You must fight this.
If you do not, and you let this consume you any longer, you will die.
Either through suicide, or by letting addiction take you, because it is there for you when nothing else is. The food will comfort me, the video games will soothe my sorrows, the sleep will provide the escape I desire from reality.
What started as a simple, fun, margin trade......
Has turned you to the brink of suicide. The only light seen at the end of the black eternal tunnel.
Stop. Now. You can turn this around right now. It doesn't matter if you are 50% down, or 90% down. You can choose happiness right now. Right this very second you can decide to take it off all the exchanges, into a hardware wallet and never look back.
You will be visited by anger, regret, and unending thoughts of 'If Only I did That Instead', but it will pass.
You will forgive yourself, even if you don't love yourself right now, you will learn to love yourself.
Remember that you are human, and everyone must learn the darkness of greed and heedlessness, whether that be early in life, or on their death bed, everyone must learn.
So take your lesson now. You are not alone, you will be stronger for this.
Let the tears roll down your cheeks, welcome the grief. Meet the sadness and darkness that you have been pushing back all this time. Let the dams break and flood the dry barren land below.
Welcome your grief and let it work through you with acceptance, let it come, let it be.
And through it, you will be reborn.
Months will pass, and eventually, you will be ready to love yourself again. You will be ready to try again, this time, armed with wisdom and compassion for yourself and all living beings in this world.
You will become a greater man. A man of kindness, compassion, and wisdom, that can only be born through understanding darkness.
You passed the test, you have grown.
DO ~~~~ NOT ~~~~~~~ MARGIN TRADE~~~~~
DO ~~~~NOT~~~~~~~~LEVERAGE~~~~~~~~~~
DO ____NOT_____TRADE
STOP RIGHT NOW, DONT READ ANYMORE COMMENTS, EXIT THIS PAGE AND GET IT ALL OFF THE EXCHANGES RIGHT NOW
Choose happiness.
Choose life
https://old.reddit.com/r/BitcoinMarkets/comments/gjexw5/daily_discussion_thursday_may_14_2020/?sort=top
Poll
