Tell your friend to wait, now it is time to be in cash.
Wait, wait, wait and then some more wait. It is always the hardest part.
When the time is right, buy. But don't buy mining hardware, buy something that is cheap and still alive.
Just my two fiat cents...
You are giving probably a precious advice, and coming from an Hero Member I respect it a lot

. BUt it is not very precise : you are telling him to wait, but you do not tell him to wait fpr what, and moreover, you tell him to buy something, which you do not precise too.
That is probably a good point, but could you be a bit more precise please sir

?