Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
Though Bitcoin is a good investment plan right now, but you shouldn't make it look like a mus do thing for some people.i don't think you should involve yourself in situations like this as it might not end up well. Even though Bitcoin is a good investment, some people would really don't understand how it works might take it as scam ones the price begins to dip. I would advice your to say off from his decision on what to invest with his families money. You can just give him some tips but dont get too involved in it. If he decides to invest that's his choice so that he will b the one to bear any risk that come with it