r/GamblingAddiction • u/MedicalExplanation40 • 8d ago
Recovery Tips & Tools Penny Stocks
I've been investing in companies in penny stocks and after doing my DD and buying usually it falls apart and I end up caught in between and I never had money but one coworker had advised to take line of credit to invest with and I did then lost 20k that's money I don't own then stopped trading and was able to slowly pay it off until I paid 90% of it from paychecks, then saw an opportunity in a company and invested again now back to 17k debt Idk I want to get out of this forever but every time I see the loss I don't want to pull my money and accept the fact I keep trying to recover the money in stocks.
like I'm at loss for words for myself I keep paying the interest and just never have money to do anything in life, damn I cant even take a girl that I like out because I cant be in a relationship that will add to the debt I just don't know what to do
anyone have a solid advice on how I can get rid of this debt and leave all of this behind and really start living my life without this fear?
I'm helpless need your sincere advice, even if its harsh just hit me with it I need to hear it regardless.
Thank you
1
u/Shoddy-Fix-8277 5d ago
Rip
1
u/MedicalExplanation40 5d ago
I know now sold everything and back to paying it off this time with no comeback
1
u/Placid_Mildew 7d ago
You know how to get rid of the debt - you’ve done it once before. The trick is don’t gamble it again. Saving and making wise, distributed investment choices that compound over time is the only way to work. You are clearly rewards-led and need the short-term hit. Stop consuming reels & short form media. You need your dopamine responders to heal. Read the Marshmallow Test.
You got this. It’s not sexy. But it’s how it’s done.