Firstly, he might want to revisit the initial reasons behind his Bitcoin purchase. What motivated him to enter the crypto space in the first place?
Secondly, encourage him to reflect on his life goals. What does he truly desire? Aligning investments with personal objectives can provide clarity.
Lastly, investing is a business endeavor. Remind him to approach it with a strategic mindset—analyze risks, set goals, and make decisions based on a sound business strategy.
If you want to be successful, act as a successful person.