I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?
We should point out that technology companies are going down the drain. The world economy is getting much worse because of the US and Chinese business wars. All companies are devalued and so the value of the altcoins drops. This is really an opportunity and I think your friend will understand that.