My friend is a serious guy, he will likely ask various others and move slowly. (I am not all that serious, but do move slowly.) I did tell him to edge into any purchases, I should have mentioned JJG's Dollar Cost Averaging thoughts in regards to his budget, goals and financial means. He DID tell me he is OK with volatility and thinking long term, and I believe that.
I hope that he does not get suckered into ALTS, but that is his decision.
He's not a programmer either -- I hardly know any of them, looks like I come from a different space than most here..
For sure, DCA and incrementalism is a practice that goes way beyond my thinking - even though I do harp on it quite a bit regarding the main part of any common practice that someone just getting into bitcoin should consider.
I share a lot of your frustration with your friend because a lot of people might already know about DCA and they are receptive to the idea of DCA - yet when they are into not seeming to sufficiently understand the difference between shitcoins and bitcoin, they also end up applying DCA to shitcoins.
I frequently seem to be throwing out the idea that DCA works as a method for long term investing because there has already been a determination that either fundamentals are strong in the underlying asset or that there is reason to believe that a determination can possibly later be made that fundamentals are strong in the underlying asset - which for bitcoin has largely come to mean that there are pretty decent odds that no matter what period that anyone starts investing into bitcoin, the price has quite likely strong chances of being higher 4-10 years later in real terms than it was at the time of the purchase, and the odds of the DCA investor to continue to bring down cost per BTC in the event that the price ends up turning against him/her and going down. So in some sense DCA works best when the BTC price is waffling all over the place including getting stuck in a spiraling downtrend, but DCA does not work as well when the BTC price gets on one of its decently long term UP trends. Lump sum investing would work better in those instances - but still lump sum investing takes way more knowledge regarding market dynamics than a DCA approach.
So for sure what I am saying is that people tend to get quite confused (I did as well, and probably quite few other people got confused early in their coming to bitcoin), and then we end up wanting to diversify into some various shitcoin projects and attempt to pick the "best of the shitcoins" or the "better of the shitcoins" which does not tend to be a great approach rather than just picking the sector leader, which is quite obviously bitcoin. It seems that people have to learn that bitcoin is the sector leader on their own and probably takes some time - and maybe having them watch around 30-50 Michael Saylor videos might help them out in terms of coming to the conclusion that it makes little to no sense to diversify into shitcoins once the sector leader has been identified....
For starts on a great Saylor clip, go back to that Saylor clip that AlcoHoDL had provided from 2021 and click on the youtube link therein.... it took me a while to find that post.