Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH.
I don't really think i will agree with you on this. All ventures of investing, there is some level risk associated to them. The price volatility of Bitcoin can be a blessing and curse depending your level of knowledge about the Bitcoin market. With good knowledge about the bitcoin market, price volatility will be the focal point of your investment plans and strategies. As a Bitcoin investor, you should be concern about the rate at which the price of Bitcoin changes and use that at your advantage to make profit.
He do mention on waiting for it to achieve on new ATH? Then what would be the steps he would be doing? Buying on peak? thats suicide but if you do go for long term then entering on any price wont really be an issue.
When it comes to suggestion for investing on bitcoin. then it would be the basics;
-Dont be greedy
-This isnt a one day quick rich scheme
-Dont fall in fud or fomo
-Always set profit taking measures
-Invest on the amount you can afford to lose.
Very basic but actually hard to be applied but can really be learnt though.