"
make,
I'll watch you choke on the hearts you break,
I'm bleeding out every word you said.
Go to hell
The person who "narrates" this song, is talking about te feelings that the people that are bullied get, since they get hurt, and their hearts break with those words. But this guy-narrator found a way to bleed out, take away the words the bullies told him. Bleed out could be just a mention about getting rid of the frustration, or talking about self-harm.
He finalizes by saying go to hell for heaven's sake... Which could be said to either himself or to the bullies.