Can “testosterone boosting” herbs like Tribulus Terrestris contribute to hair loss? Posted on March 2nd, 2015. Although we don’t know the specific action or effectiveness of many of these “testosterone boosting” herbs and supplements, the use of Tribulus Terrestris may in fact be risky for those with hair loss. But, as of now, there’s no definitive answer. Though the herb T. Terrestris (Tribulus Terrestris) was popularized by a 1970’s bodybuilder to increase the body’s natural testosterone, human studies have failed to prove that it increases testosterone or strength.