He had aslo told me that he's contented with his monthly salaries at then but now he has fall back to me that he's ready to invest because he has lost his job and it's becoming tough for him to meet up with his financial requirements.
Actually, in a situation like that, what will your cousin invest when he has no income?
investing is not really about having an alternative income. but those who do should have enough to meet their needs and have more funds to invest.
This means that whatever your income is, when you have some leftover and when you invest it doesn't affect your finances then you feel ready enough to carry out your investment.
but with your cousin's thoughts, that's ridiculous. although he may still have savings that can be invested. but when he doesn't get income to meet his needs, the investment he makes will only fail when he needs money and there is no more money in his pocket.
I know what your cousin thinks, he thinks investing in Bitcoin is a get rich quick scheme.