I don't think anyone here will advise to have the IUD placed. :)
There are many women who seem to do fine with it, at least initially. But it can completely overthrow your health, and it's just not worth the gamble. I would NEVER, NEVER do it if I could go back in time.
I have sympathy for your bleeding issues. I pray you can find another solution.
If you decide not to do the IUD, and let us know, I guarantee there will many women cheering for you!!!