Donating blood has a very similar "boost" effect, and also helps save lives.
Unless the act of donating blood releases some endorphins because you're helping someone else, then this is just bloodletting or phlebotomy, which is considered pseudoscience by the medical community. [1] https://books.google.com/books?id=vH1EAgAAQBAJ&pg=PT293&dq=b...
In the words of the immortal Professor Quirrel (of HPMOR fame): "So the nasty Italian fascists believed that unity is stronger than division. Perhaps they also believed that the sky is blue, and advocated a policy of not dropping rocks on your head."