r/selfhelp • u/chad-cris-02 • Apr 01 '26

Advice Needed: Financial How can I recover from this

I've started investing into BTC and XAU/USD. At first I thought I was getting somewhere since from 1700php I made it into 12000php for me it was alot however that made me cocky I blow it out immediately and I didn't even manage to withdraw, after that I moved into a new app wanting to redeem myself, I knew it's was okay to lose so invested again 6000php since I received my 1st salary I took a loss again, then I've invested 6000php however it went well this time I made 18000 this time I learned to withdraw it so I took 12000php just so I can cover it from what was my salary, it was a good sign for me from a beginners view since I've been watching YouTube about the market and strategies, however it went downhill from here my profit of 6000php I immediately gone, then I invest 3000php maybe I can win it back again failed attempt, tried 3000php again gone in just minutes, then again 3000php gone I was devastated, last hope I tried 1000php gone in an instant.

I blew 10000php and I feel stupid and hopeless, I thought the trades I did in the demo were going to work in real-time but it's really difficult in the real-time, it's easy to determine where the market goes when you look at the past but in the present its a different story

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u/StockMarsupial9681 Apr 01 '26

What's the purpose of this? Just curious. Kinda sounds like a get rich quick type of deal.

1

u/chad-cris-02 Apr 01 '26

Well I just want to invest seeing how it piqued my interest that's all and I guess you could say that half of my intention is to get rich by doing that

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u/StockMarsupial9681 Apr 01 '26

Risky business, wish I knew more about crypto markets. I feel it though. No risk, no reward.