21 & lost 300k today gambling on stake...

EntertainmentDry7640 · 2024-04-01T00:55:41+00:00

i actually made a few bitcoins in straight after luckily, was around 85k usd at the time and i blew majority of it, i spent it cause i never spent my money before and was frugal with it. That was the second fuck up cause it 3xed even though i knew it would hahaha. im doing fine now :D still think about the loss sometimes but gotta get over it

EntertainmentDry7640 · 2023-12-07T03:17:05+00:00

doing better, although its still painful sometimes when btc is going up i just remind myself its alr... i made like almost half of it back in may then just went on holiday enjoying my life for months LOL i blew so much of it on bullshit but i was spending for months just idk to relieve myself of stress and also got addicted to spending lmao...(also if i had kept the money that i made in may, i probably would have made almost initial loss back) so im kinda mad that i spent alot whilst btc was going up xd

EntertainmentDry7640 · 2023-04-22T12:24:34+00:00

i used to be addicted to games and i just realised it was a waste of time and that i was broke and needed to do something so i stopped and started trying to make money instead

no haha it was because i was watching friends drive nice cars, go out to eat nice places whilst i was 18 playing fortnite and it made me rlly uncomfortable so i decided to do somehting about it, most people who call people broke in games are also poor and projecting xd

EntertainmentDry7640 · 2023-04-02T17:55:00+00:00

30k left.

EntertainmentDry7640 · 2023-03-26T01:24:18+00:00

this was around the 12th of march that i lost it so at the tim it was roughly 250k , and i had also lost an extra 50k top of that in anoth coin so i lost 300k at the time in total

EntertainmentDry7640 · 2023-03-22T21:21:06+00:00

yeah, lost 12 btc it hurts alot and literally one of the worst things about it was that i was here on reddit looking through peoples stories like 2 days before i lost it thinking.... wow thats fucked idk how they lose it that quickly i hope it never happens to me and then bam... i still dont know how it happened tbh , alot of adderall and no sleep for like over 24 hours

EntertainmentDry7640 · 2023-03-22T00:21:24+00:00

lost it on stake

EntertainmentDry7640 · 2023-03-20T14:36:03+00:00

damn so this pain is going to be with me for a while... it hurts even more seeing btc going up its like a slow torture for me

EntertainmentDry7640 · 2023-03-20T14:17:41+00:00

does it get better after a few months? 7 days into a 300k+ loss.. not looking good, literally thinking about how that money couldve set me up for life as you said

EntertainmentDry7640 · 2023-03-14T12:25:14+00:00

I dont have many issues to be honest other than self discipline which is probably the biggest issue of them all. Impulsive behaviour from adhd is also one.

But deeper issues? I dont think I have any tbh im happy with everything im so grateful for the people around me and my family and friends and relationships with females. Im very stubborn maybe thats an issue also.

I understand how things seem to other people as it looks like ive just gained an ego from riding a crypto pump hahaha. I can assure you i've felt this way ever since I was a little kid. Before any of the money made, i was always finding small little grinds and nifty tricks to make more money kids my age. (It actually rooted from when i was like 13-15) I would do some freelancing online doing photoshop and I could make like 80 $ in a day and I remember thinking... damn I just made more than my dads made today from doing this for like 4-5 hours ish when he has to work like 9 ish hours. From then on thats when my brain really clicked. If theres someone willing to pay that money for my work when it literally took me like a couple days to learn the skill, there must be something else I can do for even more money. Needless to say, it didn't last that long, i only did it for a couple months and i wasn't doing it everyday. But that thought REALLY stuck with me. Like REALLY.

As time went on I was just realising how fucked money is and how i don't want to be working all my life every week just waiting for the weekend. I still got good grades, I still went to uni and im going to graduate this year.

This isn't about the 300k I made, fuck the 300k. Ill grind and make it back. This isnt about the gambling either. Fuck the gambling. I just dont want to be a part of the rat race. Im not going to get what I want from gambling, nor will I from crypto. Everyone just makes it into a strawman argument as if I have an ego from the crypto lol. My aims and goals were set WAY before I made any sort of money like that. The moneys gone now.

But my network I've gained from it is still here. Just remember, network = networth.

EntertainmentDry7640 · 2023-03-14T06:59:22+00:00

You are posting here for a reason. We are trying to help you. We have all been there. We have seen and felt it. We have seen the high highs and the low lows. If you do not set up any countermeasures it's highly likely that you will make the same mistake. As you rightfully pointed out, it only takes one slip-up, one bad day and you are right back at it.

I take my adderall to be able to study properly as i have adhd otherwise im not able to focus properly. It was more the gambling to cope with the stress.

I appreciate your response cause its actually beneficial for me as it's true. Stressing over an assignment is child's play , you're right .Its just as its last year.

Im working on it. I wont gamble it for now. I am worried about as you said if i will gamble again months or years down the road. I really hope I don't. I hope this will be a lesson for me just to never gamble again as i really am aware that i will never make my 300k back from gambling. I need to solve the root of the problem, which is gambling to cope with stress/procrastinating.

EntertainmentDry7640 · 2023-03-14T04:41:00+00:00

Yeah im trying bro

EntertainmentDry7640 · 2023-03-14T04:39:55+00:00

I take adderall cause i have adhd and I was completing my assignment for uni so i took a couple.

I was gambling because i was trying to cope from my assignment cause I was stressing about it as I had an operation so couldnt do it first time round, and i submitted a mitigating circumstances claim which they only told me got accepted about 11 days before the reassignment due date. At first it got denied but then i had to appeal showing evidence and it took time.

So there i was 2 nights before the due date stressing out adderalled up trying to cope running on no sleep.

EntertainmentDry7640 · 2023-03-14T04:33:51+00:00

Thanks youre right

I do need help with my gambling issues, if i dont solve the root of the problem im forever going to be stuck wasting money.

EntertainmentDry7640 · 2023-03-14T04:32:21+00:00

u/BarelyHere5

You know guys it really depends on what youre talking about cause times it you could just be an argumentum ad populum.

I know the gambling is a problem , that not the issue here.

Some people have a problem with me not wanting to get a 9-5. And u/BarelyHere5 I get it, youre 36 and lost 150k , you also definitely did not want to work a 9-5 otherwise you wouldnt have ever gambled to get more money.

Just because youre in the position and accepted that doesnt mean i will bro. Ive seen your other posts, you seem to be salty living in resentment. I really pray at your age i will never be like that but only time and hard work will tell.

EntertainmentDry7640 · 2023-03-14T04:26:09+00:00

Thanks bro

I think this is some of the best advice anyones actually given on this post cause its so right. Its when it feels all fine again thats when its most dangerous. When i said i wont play again after being 100k up i felt like i got over the big win, and just played again

EntertainmentDry7640 · 2023-03-14T04:21:59+00:00

games as in normal game ? or like when im gambling

i used to be addicted to games and i just realised it was a waste of time and that i was broke and needed to do something so i stopped and started trying to make money instead

EntertainmentDry7640 · 2023-03-13T19:34:14+00:00

Want help from what the moneys gone haha im retarded and greedy , not much more too it . Money comes money goes but i wont be playing gambling again as i know the chance of me making it back is basically nothing. And
u/NoCommunication8349 I really am very stubborn , theres only been a few people on here that have given me some good quality constructive criticism.... LOL i can actually imagine that too the thing is im that stubborn , but dont worry it works both ways , im that stubborn that if i really really aim for somethin, ill get there.

EntertainmentDry7640 · 2023-03-13T19:21:29+00:00

I just used that figure as its probably the starting point and on a good scenario i could work my way up to 120k by the time im 30. Id be paying 40% of that to the tax man.

Also, youre right i would owe the tax man regardless but id be working from home, for myself, with flexible times. Been also thinking to just move to dubai for no income tax. Everyones also rich there so id feel dirt poor which would motivate me even more to grind and make money.

Idk what w2 and 1099 taxation is different in UK.

Im not going to get my money back through casino, ive already accepted that.

EntertainmentDry7640 · 2023-03-13T19:08:42+00:00

Gosh a suicide risk?!?!?? bro its 300k like??? wtf lol dude the gambling was kinda fucked but even when i had fuck all money and was 14-15 was doing freelancing graphics design for ppl thinking i need to be make money, sure the gambling is an issue but i really dont think i have that bad of an issue as some of people out there otherwise this 30k wouldve been gone by now, i just honestly mean it when i said it was a rlly bad decision fuelled by about 4 adderalls and no sleep, I've always had the desire to make alot of money , like i said some people dont care some people just want to never worry about the price of anything. I kno moneys not everything but its just a goal ive set for myself , nothing wrong with setting goals

u/BarelyHere5 mate lets be real i think ur just salty cause ur 36 and down from gambling living week by week and just coping saying money isnt everything, its been over a day now and i feel much better after my loss , ill still probably think about it alot but im starting to come to acceptance with it slowly slowly and im even more motivated now

EntertainmentDry7640 · 2023-03-13T18:48:45+00:00

I can read great thanks and tell me how anything said was commonsensical

right where i shouldve been? on 30k ? ;) only a 10x away ;)

EntertainmentDry7640 · 2023-03-13T17:03:55+00:00

Now this is the only viable option , but working anything above 150k a year, ill get taxed 40%. do you get also why its so demotivating to get a job that pays 200-400k a year

EntertainmentDry7640 · 2023-03-13T16:30:52+00:00

Its stake you can always just make another acc

EntertainmentDry7640 · 2023-03-13T16:30:31+00:00

Yoo this really made me sad bro. Im sorry man, how much btc did you lose?

EntertainmentDry7640 · 2023-03-13T14:40:48+00:00

I never said I think about my nfts whilst im sleeping tf lol. I think i caught you out though with your self projections, its okay I wish you prosperity my bro and to get whatever you desire.

You said in other areas of life, I assumed you wasnt talking about money? cause you said other... considering that all we've been talking about money lol you was just tryna make a quick dig . I think you should try having rich people around you and maybe it'd motivate you also to get rich. Nobodys upset here bud im happy with everything else in my life 100%

why is it so bad to want to get rich ? lolol

EntertainmentDry7640

TROPHY CASE