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.
I don't think this is the best time for your cousin to invest in bitcoin after he has lost his job. He really needs to have a source of income if he really wants to be successful in bitcoin investments. Bitcoin investment will not give him profits weekly or monthly; it can be a long period of time before it may even see an opportunity to take profit in bitcoin, so I am just wondering how he is going to survive for the long term after he has invested part of his money in bitcoin investment, as you mentioned that it is not currently easy for him now.
Due to the volatility of Bitcoin, we are always advised to always invest what we can afford to lose, but the way this story came up, I don't think he can really have the amount of money he can afford to lose. Currently, it has been tough for him, so if this kind of person should invest in Bitcoin and the Bitcoin market is down after he has invested for some time, I doubt this type of person will not sell their Bitcoin investment when they need the money, which they may even lose.