Crypto trading looks tempting and no doubt is very beneficial if executed properly. It's like a double edge sword.

Recently a famous Pakistan Tik Toker reveal his story about how he lost almost $72K in crypto trading. According to him he started crypto trading after seeing his friend making profit from crypto trading. He initially faced loss of $10.5k (3 Million Pak rupee) and told this about that. His friend replied that such loses are normal and you should invest more to recover loss. He invested more and ends up in overall loss of $72k.

He hasn't shared details of which token he bought, it's price, timeline etc but what I deduce from his story is that he started trading seeing his friend making profit and thought he too will make profit. He doesn't have any plan to follow and if you are coming to crypto trading with this mentality then you are deemed to loss. Crypto trading requires you to have an execution plan with you which you have to follow carefully.

More details here https://www.samaa.tv/2087311573-tiktoker-zulqarnain-sikandar-faces-rs20-million-loss