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Wednesday, 17 November 2021
Every time I beat my meat I put a 100$ into my Bitcoin savings
Hi
I have had a jerking off addiction for a larger part of my life and it is not something I am proud of. I’ve tried everything I can to stop from deleting all triggering apps , using internet filters , keeping myself occupied, giving myself consequences everytime I fail and so much more but it all seems to fail.
I came to a realization after achieving post nut clarity that it is most likely an addiction I won’t be able to overcome so the best I can do is manage/make the most of it at least.
I practice a budgeting system using a money pipeline modeled after Thomas Frank’s money pipeline and I decided anytime I beat my meat I will take a 100$ from my entertainment fund and put it into my Bitcoin savings this way even though I fail in managing my addiction I get punished ( paying for beating my meat ) and rewarded ( investing into a long term fund ) at the same time.
Although this may not be the best way to manage an addiction, it’s the least I can do to make the most out of it anytime I fail.
Looking forward to hear your thoughts , advice and discussions
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Got liquidated and lost $10k
I know you have to take responsibility and deal with it but it feels so shitty I can't even explain it. When it happened I thought I was gonna be sick. Still can't believe it hours later.
I would hear a lot in crypto communities that everyone gets liquidated in futures at one point, I just never though it'd happen to me.
I only started trading futures a month and a half ago. I basically lost $6.5k that I put in, which is pretty much all the savings I had and the profits that I made along with it. All because I didn't use stop losses and the positions just kept falling. I also should have never opened more than 10 positions. I had about 14.
I was doing pretty well too upto this point. Since I am apart of some signals chats I had made decent money trading 20x lev, about $200-$400 per day in profit. I would also exit losing positions quick - but this flash crash caught me off guard. All my positions were losing positions and I didn't want to realize losses.
I wanted to share this here, maybe some of you could give me advice about anything at this point, don't know who to talk to about it. I know I can succeed with futures but I don't even know where I go from here since I'm unemployed too. Its really taking a toll on my mental.
Anyway thanks for reading. Any comment would be much appreciated.
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I bought most of my BCH at $900. My thoughts.
I decided to invest in it in April when I found out about its utility and vast institutional support.
I own 5.4 BCH and spent $5k.
At $580, I stomach a ~40% loss.
Let me tell you something.
No way I’m selling secure, trustless, real world p2p cash at a loss for institutions to gobble up, when its price is barely at its full potential.
This is a long term investment. Not a get rich quick scheme.
If the price recovers, I’ll be taking profits by actually buying stuff with it.
Have stoicism.
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source https://www.reddit.com/r/btc/comments/qvi0rt/i_bought_most_of_my_bch_at_900_my_thoughts/
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