... And he says... "NO, NO, NO. Not for me - I learned my lesson"
No Dumb-Ass... You didn't learn shit! ...
Yes he did. He learned two valuable lessons:
1. Don't invest in something that you don't understand.
2. Don't invest in something just because some random relative tells you to.
Here's my lesson for you:
1. Don't recommend investments to friends or relatives.
This is true because in the end of the if they lose money you will be the one who will blame about their loses in bitcoin. Since I came in crypto I never ask any person to invest or talk about cryptocurrency even they ask about it. I just say to them that they need to research what bitcoin is and how bitcoin works. I just give some tips but not totally pursue them to invest.