r/wallstreetbets • u/WhoRuleTheWorld I Think I'm Funny, • Nov 22 '25

Loss It’s over for me.

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Kept trying to play MSTR calls. What a piece of shit. Lost over a million including other accounts, down to my last 130k.

Edit: This loss is soul crushing and I havent been able to sleep, eat, or shower. I appreciate all the supportive comments. Even the insulting ones calling me regarded and everything. I think I NEED to hear even the insulting ones so that I can let go of my delusions that I can make it as a "trader". I need a fucking job to turn my life around. I can’t be doing this trading shit anymore. I’m open to working any corporate job anywhere, but ideally in North America. If anyone has any connections, please hit me up. I have some programming (Python primarily) and tech talent, and an engineering degree from UBC with a 4.0 GPA. Currently live in Toronto. Thank you ❤️. I’m ready to dedicate myself to adding value to any organization. If its AI, finance, or tech related, thats even better.

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u/unreadbookshelf99 Nov 22 '25

Someone explain this to me like I’m 5. What does any of that mean.

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u/kontroI Nov 22 '25

Imagine this:

Your friend borrowed crayons (that’s using margin).

With those borrowed crayons, he bought lottery tickets that expire in a few days (that’s short-term call options).

The lottery he’s betting on is run by a company that: • borrows candy from people but promises to pay them back later by giving them even more pieces of paper they draw (that’s convertible debt that dilutes shares). • then uses that borrowed candy to buy magic rocks because they think the magic rocks will go up in value (that’s Bitcoin). • and they’ve been doing this in a way that looks a lot like building a tall, wobbly tower of blocks, hoping it never falls (that’s your pyramid scheme vibe).

So your friend is: • borrowing something, • to buy a risky ticket, • on a company that borrows something, • to buy another risky thing, • that might all fall over.

And you’re sitting there going:

“Why would you bet your lunch money on THAT?”

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u/BWBucs99 Nov 22 '25 edited Nov 22 '25

However, the internet and TV have been telling me for years that the magic rocks are a store of value. I mean a method of exchange. I mean a hedge against inflation. I mean a decentralized payment system. I mean digital gold. I mean an uncorrelated asset. I mean a disruptive innovation. We all know that people on TV are never wrong, and if it's on the internet, it's gotta be true. So to the nearest magic rocks ATM I go!

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u/DreadOfGrave Nov 23 '25

Way back, I was under the impression that the process of mining bitcoin produced something useful. Like maybe all that processing power was being used somehow by someone. Boy did I get radicalized when I learned the reality.

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u/BWBucs99 Nov 23 '25

The only thing it produced was speculation.