I do have a financial plan in place. I can use 5% of funds to buy stocks or cryptocurrency
Or whatever. Right now Im good with bitcoin. This can be a 5- 10 year move I dont need the money
For anything now.
Here are the other coins I can buy
Ethereum
Bitcoin cash
Litecoin
EOS
Ripple
Good option if you will hold bitcoin for that long because you don't have to worry and spend that money you'll use to invest and as for altcoins, you just made a list of alts which can easily determine what coins you should buy. I'll eliminate the most and shall remain these altcoins that I think are good for me.
ETH
Litecoin
As long as he only chooses the top coins then at least it is the right choice for a long-term holding plan, he can spend his money without thinking or considering a quick return and that is already a good first step and all that needs to be done next is to remain consistent and if need to buy more and add a bigger portfolio, maybe it will be good in the future too.