I have a total of $100 and I quickly used it to invest in bitcoin, the money is amicabily disappearing.
Even considering the current price of Bitcoin, buying a hundred dollars worth of Bitcoin is not a good decision. There is no apparent benefit of investing a 100 dollar in Bitcoin.Because investment in Bitcoin requires huge capital and you have less capital. It would have been nice if you had bought a small altcoin that was worth less than a dollar instead of investing in bitcoin. you would have received hundred of tokens for a hundred dollars that you could have profited from in the future. Because there are many good projects in the market that are currently priced at less than a dollar, And when the market goes up, there is a high chance that those small Altcoins can give you great profits. But for this it is important that you choose the best and top Altcoins.
This is bad advice, and you make me think you have no knowledge of crypto investing. First: how much initial capital does not matter because you can accumulate bitcoin every time you have money. Let's say you buy $100 per week and DCA every week, and after a year, you will have a huge amount of bitcoins to hold. Second, investing in altcoins is not just about picking coins worth less than 1 dollar, they will have the potential to give you huge returns. There are many factors to evaluate an altcoin before investing, its price does not mean anything if its supply is limitless. Since you gave him investment advice on alt-money, do you have any advice on which altcoins could make him rich?