I almost overdrew my checking account by going crazy for crypto

I got into crypto in March and decided I was going to take it slow. I was DCAing $100-200 a week and not really obsessing over it. I only checked on it once or twice a day. By the beginning of August my portfolio was worth about $4k. Then shit started to pump.

I had mostly bought ETH and to a lesser extent BTC at this time. I had some other stuff but very small amounts. I hadn't done much research and I wasn't even subscribed to r/cc, though I'd visit occasionally to see if there was any news. I had been in crypto back during the height of the 2018 bull run and crash, so I wasn't a complete noob, but I was shook out by it back then and thought I had learned something. I was about to learn a new lesson though.

As everything started to run up in August I started to put more and more of my attention into crypto, and of course I wanted to get a bigger piece of the pie. I was here all the time, reading the daily and other posts. I listened to some very informative podcasts and became more confident that crypto, especially BTC, was a great investment. I had just been putting in money with my regular income, but I realized I had several other sources.

I looked at $3k I had in a savings account and calculated the interest I was earning. It was 0.024% and I was disgusted with how pathetically low it was so I transferred it over to my checking. All of it.

I had six months worth of cash tips sitting in my safe collecting zero interest. Well that's a waste, better put that money to use. I deposited that into my checking account.

Then I looked at my investment accounts. I'm not dumb enough to sell all my stocks to bet on crypto thankfully, but I had cash there waiting for a good buying opportunity. Well that buying opportunity is right in front of my face! Crypto! Withdrew to checking.

Suddenly my checking balance was the highest it's ever been. I increased my "DCA" frequency to daily and my amount to $1k. I was going to stop when I was down to $3k left in my account, but I lost track along the way in my zealousness. I knew I had lost track so I decided to stop earlier this week, let the dust settle, and figure out where I stood. Then we had the flash crash. Buying opportunity! I deposited $2k this time to capitalize.

Anyway to make a long story short I checked my account tonight and was shocked to see only $700 left. My credit card auto pays the full balance around this time of the month and I owe $900. It's too late to change that, I think it went through tonight. My HOA also charges $350 next week. I don't get paid until next Friday and I've drained literally every source of spare funds I have.

You want to know what I had to do? I, a 38 year old man, gainfully employed and financially secure, had to call my mom and ask for a loan. I had to explain to her I spent $17,000 on crypto this month and was about to overdraft my checking account. She's fucking awesome so of course she helped me out, but, dude, how embarrassing is that?

Thanks for reading.