I think it's never too late in crypto, the crypto market is recovering and there are always opportunities for big results, don't be afraid of the risks because crypto is an opportunity to make big profits.
Hopefully, he will get succeed in crypto once again. Actually, he come very late when bitcoin price has been double. If he started in 2018 then now he get profit from bitcoin. But your suggestion is right, don't be afraid from the risks and in crypto currencies have risk in every stage.