I am at rock bottom

Sncjw

Your expecting to make massive gains in a short space of time.. Im not fully clued up on cyrpto but I wouldn't expect a gain in like 2 weeks.

I would get your money out now and pay some of it back to the lender. You basically took a loan out to pay for investment but you still need to pay that loan back. 
Any investment they advise only invest in what you can afford to. 

What is this mortgage rent you talk about too? 

tlc678910

I think a second job could be great for you.  Something social in retail or hospitality - you might pick up an instant social life and in turn a friendship group.  It will keep you busy and reduce your time to dwell as well as earn extra cash.

You seem to think you have stopped gambling but sadly you haven't.  You have banned yourself from betting in a traditional way and then found a way around your own rules by turning to crypto.  You have probably lost money at an even faster rate by doing this as you have raised the stakes telling yourself it is an "investment". It isn't - it is a massive punt and your 6k is still at risk.  If your money did rise you won't cash out and pay off your debts - you will go "all in" on the next wild scheme because you have a gambling problem.  Please seek help from expert support services.  I can't see how you can begin to solve this problem until you acknowledge that there is a problem which at the moment you won't.

Brenster

Some great advise on hear, alot of home truths but you would do very well to listen.

Your 'quick fix' approach to Crypto is typical of a gambler.  And your reluctance to cash out waiting for the Crypto to increase further emphasises this point.

I would hazard a guess that if in the next 2 weeks, by some miracle your crypto value went from £6k to £15k, you still wouldnt cash out, because you would be hoping for it to increase likewise again the week after, this is a gamblers mentality.

I hope you read these comments and get out of the Crypto market asap, whilst it can be prosperus, those who invest have to be responsible and only invest what they can afford to lose, and this is clearly not the case with you.

I wish you best of luck, but the first step is to change your mind set and tackle your gambling.

Good Luck. 

danfreestone

As someone who has battled with gambling addiction myself i would highly recommend getting your self to the local GA meeting i am now 11 years gamble free. 

With your debts personally i would sell the Crypto and clear as much debt as possible with it. If you cleared the 4 smallest debts it would cost roughly £7,865 and free up £493 per month, Crypto is such a high risk gamble you could easily have £1,000 left within weeks or £25,000 but in your current position you can still get your head above water. 

I would also recommend talking to either friends or family about the situation it helps so much to get people to support you on your route to a gamble free life.

BlueJ94

tlc678910 said:

I think a second job could be great for you.  Something social in retail or hospitality - you might pick up an instant social life and in turn a friendship group.  It will keep you busy and reduce your time to dwell as well as earn extra cash.

I second this. I never actually properly thought about getting a second job until a girl I work with showed me there was some jobs going in sainsburys via a friend she knows. So I thought, eh why not. If they say no to me at least I have my full time job. I've been there since October and I love it. Although, working 4am until 8am can be a kick in the teeth sometimes, it's also nice and refreshing to not see the same faces at work every day if that makes sense? I've met loads of lovely new people. I hardly have a social life outside of work but now I have two different work friendship groups. Money wise is also great, basic wage I get £500 a month. Im contracted to 12 hours, usually end up doing 30 a week and then 37.5 with my other job.