As most of you here, I'm an eternal student of the art of losing money.
Approximately 2 months ago, I decided to free myself from the chains that enslaved me in the Fiat mines. Little did I know that Fiat was required to pay for all my bills, mortgage and other debts.
To fix this, I did what any other sane young adult would do in my place. I canceled the lease on the house I lived, moved back to my mom's, and put all my remaining money in crypto. Now the hustle is on!
At first, everything was running smoothly. The profits I made from the trades were enough to pay the best ramen Fiat can afford. But then everything started going south. Some Gary guy from the SEC started to cause problems, which affected my entire plan.
My friends told me to get a "real" job, but I'm no slave, oh no sir. Anyway after excluding all those limited minds from my inner circle, I discovered this margin thing with leverage, thanks to this sub. A chance of making 2000% profit, while only being able to lose 100% of my balance? I'm locked in!
Now we're back on track, I started shorting the market and the money was coming back in. But all my precious mother saw, was a 26 year old man wearing Pokemon shorts, sitting on his computer all day.
"I'm WORKING mom, I gotta pay the bills." - I shout to her, straight from her basement.
She comes down the stairs and unexpectedly enters my base of operations.
"Are you one of those hackers now? All I see is red numbers on your computer screen. If you keep doing this the FBI will come for you. You know how the americans are!" (For context I'm from Europe).
It's not easy being me. The more I know, the less I know.
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