TikToker Zulqarnain reveals how he lost Rs20m. In a recent episode of his wife Kanwal Aftab’s podcast, popular TikToker Zulqarnain Sikandar shared insights into his personal and professional life.
TikToker Zulqarnain reveals how he lost Rs20m
Venturing into Trading: Trusting a Friend’s Advice
Sikandar revealed that he, along with his brothers, decided to enter the world of trading based on a friend’s recommendation.
Despite reservations from his wife Kanwal, he proceeded with the investment, believing in his friend’s guidance.
Initial Losses and Reassurances
However, their venture encountered a setback with an initial loss of Rs3.1 million.
Despite informing his friend about the loss, Sikandar received reassurances that such losses were common in trading and were part of the journey towards potential lucrative gains.
Greed and Further Investments
Driven by the promise of substantial profits, Sikandar requested additional funds from his wife, who expressed concerns about further losses.
Undeterred, he invested all remaining funds and convinced his younger brother to do the same.
Devastating News During Umrah
While on a trip to perform Umrah, Sikandar and his brother received devastating news that they had lost all their invested capital, amounting to a staggering Rs20 million.
Seeking Guidance and Overcoming Temptation
Feeling overwhelmed by the financial loss, Sikandar turned to prayer in Madina, seeking guidance and strength to overcome the temptation of trading.
He acknowledged the hardship and vowed to move forward with a newfound perspective.
Lessons Learned and Moving Forward
Through this experience, Sikandar shared the importance of learning from mistakes and the dangers of succumbing to greed in financial ventures.
He emphasized the need for a balanced approach and expressed gratitude for the lessons learned amidst adversity.
Also read: TikToker Zulqarnain opens hotel business in Thailand
Zulqarnain Sikandar’s candid revelation on his wife’s podcast offers a glimpse into the challenges and pitfalls encountered in the pursuit of financial success.
His story serves as a cautionary tale while also highlighting the resilience and determination needed to navigate setbacks and emerge stronger.
