When The Addict Finds Bitcoin
by boner4bitcoin | Nov. 21st, 2020 | vol.8
Curriculum Vitae
Experience
Drug addiction - 2005-2017
Drinking Problem - 2003-2020
Eating disorder - 2012-2015
Gambling addiction - 2018-Present
Working out addiction - 2012-Present
Work addiction - 2016-Present
Education
AA - 2009-2011, 2012-2013
Detox/Rehab - 2012
Meditation - 2018-Present
Certificates
Let’s just say all of my certs were obtained due to drug possession and/or drinking - no need to glorify the past.
Skills
Hurting others
Being selfish
Partying like a Rockstar
Spending money I don’t have
There’s my resume, you get the picture.
As you can see, I’ve been cleaning my act up gradually as I age and all addictions and disorders have been identified and dealt with appropriately. The self awareness that I have at a such young age (30) is a blessing. I still struggle with sports gambling though.
Notice how I left out work addiction and working out addiction as something I’m still “struggling” with, even though they are listed on my resume as “-present”? Good catch!
Good Addiction vs. Bad Addiction
To me I’m just an addict. No need to fill in the blank before addict. When I find something that makes me feel good, I’m all in, twice. This plays out well when I channel my addiction towards positive things like work and working out, but I can still create negative results if unrealistic goals are not met (I’m a bit of a pipe dreamer, and I’m hard on myself).
But I thought this guy had a boner for bitcoin, not a boner for failure?
Look up synonyms for excellent and any of the results that describe Bitcoin. I love BTC and I’m sure you can see where this is going now...
Buy, Buy, Buy!
I am addicted to bitcoin — full blown, but as I also mentioned I have a keen sense of self awareness. I know what I am, and would not have it any other way.
Different Addictions Generate Different Results
Addicted to working out? Good chance you’ll get jacked. I’m sure we all know someone who got sober and never wears a t-shirt.
Addicted to smoking cigarettes? Social stigma, family might bitch, slowly killing yourself. However it most likely won’t ruin your marriage and leave you homeless.
Addicted to heroin? Jail, OD, pretty good chance you will ruin your life and the life of those around you.
Addicted to Bitcoin? This is where it gets interesting.
As a newb everyone has heard of BTC, but as you enter the Twittersphere you start to learn about all these other coins. It’s only been 7 months for me, and I can probably name 20 altcoins off the top of my head. This is where it gets sticky. It can quickly go from HODLing and learning interesting material to being shilled altcoins on twitter and day trading on some foreign exchange that only requires your phone number.
I found myself ignoring my family when they walked in the door instead of greeting them like a father/husband should. Falling asleep with multiple charts open every night, when I could be reading my little man a book. Spending every god damn second of the day watching the charts fearing a rug pull or awaiting the shilled incoming pump. I would go on a run to clear my mind. Had the OXT chart in my hand while running and almost tripped several times trying to catch the top.
So yeah, if you have an addictive personality, welcome to a world of thin ice if you wanna play the crypto game. If you have a past similar to mine, it may be best to think this one over before you dive in, because like they say “money does not buy you happiness”. With an addiction to altcoin trading, I was QUICKLY generating the same results in my life as if I were a junkie. Over time, if not corrected, this would most likely ruin my marriage, family, and leave me with nothing.
There is no “Bitcoiners Anonymous”
So how did I fix this?
It was actually quite easy. In life, when shit gets rough, I fall back to the basics and keep it simple. In the crypto world this meant I made a firm decision after having a manic episode - I sold every altcoin I had a cent in, whether it was in the negative or positive, whether it was pumping or dumping.
I surrendered.
The mental torture was outweighing the financial gain, which was slim to none at the end of the day.
This is what worked for ME (everyone is different): I didn’t cash out, I rolled it all into Bitcoin — the one I had studied, researched, and bounced off others (Senior Hedge Fund Managers within family with 30+ years on Wall Street, Engineers with strengths in math, etc.).
The result? I found peace with my “investment” in Bitcoin, and it’s simple when you break it down. The supply cap sold me at first sight.
10% drop, not an eyelash batted, 10% increase… I’m human so I definitely get some dopamine released in my brain. But there is never any drastic change in my mood or emotions.
This is how I come to firmly believe that for the recovering addict, Bitcoin can go both ways. It can be the play of your life, or it can quickly chew you up and spit you out.
Take home message
Stay disciplined, steer clear of altcoins, have patience, HODL, and try not to let Twitter or charts run your life.
I suspect even an individual with a non-addictive personality may become addicted to BTC to some extent, but as long as this addiction is channeled properly, you have a bright future ahead of you.
I hope this helps anyone who has a resume/past similar to my own. Please learn from my mistakes (I know it’s easier said than done) but just remember that if you play with fire, you’re bound to get burnt at some point.
I barely skated off the thin ice that is the “crypto” world to find myself landing on the solid ground of Bitcoin maximalism, where I found peace. Peace as a result of its inception, concept, track record, and risk/reward ratio.
Be wary of the models. I have not been able to put down the hopium pipe, but I can sure sleep at night...until I wake up and instantly check the price. I suspect/hope this current level of addiction I have with Bitcoin will become more manageable over time...only time will tell. However, life is flourishing around me and all the stars are aligned, this tends not to happen with negative addictions.
My name is @boner4bitcoin and I am a bitcoin addict. I recognize this and I am ok with it. This addiction has only brought positive results into my life, it was a rocky road for a second there but I got away.
If there is any way that I can help you with my experience please do not hesitate to DM me!
boner4bitcoin is a "Covid Bitcoiner" officially joining the community in 04/2020. After being lightly shilled in 2017 when price range was $800-900 and watching from the sidelines, he quickly cannon-balled into the Bitcoin waters during this cycle when the opportunity presented itself.