I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
in my opinion what you say is a little contrary to what I know. the crypto market that I know is that it cannot be controlled by anyone, if you don't understand about the crypto market you should not first dabble in it, let alone invite your family to join. in this case, you should first understand the crypto market so you don't lose later. because this uses capital.