Trading is very very complex, if not carefully followed with caution it may lead to An uncontrollable addiction that sometimes have consequences like that of Gambling.
From his story it seems like he traded without adequate knowledge, self control and with Greed.
I can't see why a content creator that has amassed a good amount of money would still trade like a greedy trader.
what are you even saying. being a rich content creator that has the amount pf money mark angel has doesn't mean that he can't encounter losses in his trade or that he lacked the basic knowledge of forex trading before even venturing into it. just so you know, mark enjoy is one smart guy that took his time to study the content creation business and became the highest earning content creator even though he was less of a popular guy in the industry at the moment. i doubt that this is a case of lack of proper knowledge. even people that have all the wealth of knowledge in crypto, forex or every other form of trading still encounter losses which is a part of trading.
when some experienced men in the industry talk about staying fixed at investing rather than trading, most newbies and some others than have probably had some few profits in trading usually assume that such opinion is just a way of selling of ideology when in the real sense, that is not the case. Imagin buying a $3.4M worth of bitcoin at the start of last year and just holding it till this time? the profit he would have had would be nothing less than his capital and instead of losing that amount, he would have had at least $7M sitting in his wallet.
this is never to say that bitcoin investment doesn't have it downside or that on the short term, one cannot experience some losses, but this kind of huge losses is less peculiar to a bitcoin investor but is a common thing that most traders encounter if they are sincere enough to count their losses.