I had / have Cryptos and stocks with borrowed money. Didn't think of it as gambling as such but clearly it is. Absolutely crazy, was checking the prices hundred of times a day. Think I did have roughly so lost about 5 grand.Â
Not the first time I've done something like this trying to be clever. It's never worked. I can't keep going round in circles borrowing money, refinancing. Next stop would probably be losing the house. Already got a secured loan against it.Â
I've stated selling everything and paying back as much credit card debt as I possibly can and going to meet up with a counsellor referred from helpline.Â
My head is a mess.Â
Now after selling everything, the cryptos are going back up. I was obsessing over them and even now after selling I still am. I know this is unhealthy. What a mess.
Generally with these things it's best to swallow the loss and walk away from it. Chances are even if you still held the position you'd lose, with gambling no amount is satisfactory so you still end up giving all back to the houseÂ
@oranje01 I've sold everything and will be paying some of my debt back (money I stupidly borrowed specifically to buy crypto and crypto related stocks with). I will still owe about £8000 on top of my mortgage and secured loan. Will have to work overtime constantly to get by at a time when my daughter is going to university I could do without this..
Love on my own so it's just my income. Always always comparing myself to people who have "made it". Thing is, if I keep doing that and losing I will end up losing everything. Clinging on to the house.
Thanks for that Dave. I feel tangled up right now big time tbh.
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