Yikes. I hope that’s just play money for you and that you learn some hard lessons from this.

family money, have to hide this hole now and keep working hard meanwhile with new lessons i guess

Hiding losses is how many Ponzi schemes get started. I'd strongly recommend you to get off that slippery slope immediately, even if it will be painful now.

hopefully i can manage it and worst case scenario life insurance will cover it

Hey, you need to recognize that what seems like a major fuck up today that you’ll never recover from will, in a few years’ time and with some perspective, just be a thing that once happened - maybe even a funny story. No matter how bad it feels, there is a relatively short half-life to the suffering. You can, and will, recover if you put your mind to it and give yourself time to work at it.

Dude, I am sure your family will be worse off with the insurance money, but without you. Please, seek help, and think of them.

That's not a healthy thought. It's just money; your family would almost surely rather lose a big pile of money that you.

Dude, please call a helpline if you’re thinking this kind of stuff.

So far, meaning you're still holding?

yes, what’s the point of selling now, I hope it’s going to come back, at least that’s what people on wsb are saying and i’m a big sucker for believing everything

it was up to $80 today, meaning at worst you would lose 3/4 of whatever you put in. It will go down to 0. GME is worthless in digital age.

Worthless if you assume their business will not change and adapt. This is the fundamental risk in most short selling theses. People and businesses are not static, immutable objects. Given the dollars on the line you have to assume they will be seeking ways to pivot and adapt.

They have been consistently losing money, quarter after quarter, for a long time. The dollars on the line were present all the time.

Your logic applies equally well to long positions, if you believe all people and businesses are constantly in such flux.