Last night, he reached out to me again to buy ETH for his second Axie team, but this time I said no.
I don't understand you clear here. Why did you stop your friend to buy ETH when he needed ETH to buy the Axie game ? The price of ethereum is still undervalued and think that your friend will play Axie and generate a lot of income. I think you should again advice your friend to go for it and try his luck in the Axie game.
If I could have sold it to him again, I may end up regretting the same thing. I’m so dumb not thinking about selling my short term coins to ETH first instead of using my then-current ETH holdings I have. Like I have mentioned in the thread, the first time I’ve sold my ETH to him, the coin skyrocketed a few days later from $2k to $3k+, and I have regretted selling it to him, in which I could have gained more profits by holding more ETH.