The Eagles have slumped to the foot of the table on their return to the top flight following an eight-year absence, taking just three points from their opening 10 matches and losing their last seven in a row.
The Selhurst Park outfit, managerless since Ian Holloway departed in October, have been relegated on each of their previous four seasons in the top flight and Phillips has suffered the same fate on three occasions but the 40-year-old striker intends to use that experience to help his team-mates.
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"We can't feel sorry for ourselves. There's still a long way to go. Yes, it's going to be a tough, tough struggle but you've got to keep believing."
Phillips, whose penalty in the play-off final against Watford secured Palace's Premier League berth, has failed to score so far this season.
Caretaker boss Keith Millen, who has spoken of the need to appoint a new manager as quickly as possible, will take charge of Saturday's home match against Everton.