My cousin who in time i asked to investment on bitcoin but has always had excuses that he'll invest later, sometimes he tells me that he's afraid to invest his money on the bitcoin due to the potential losses.
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.
He's messing up Big time.. tell him that if he doesn't wanna blame you at the end for introducing him to something as unproductive as Bitcoin is (ofcourse that'll be his fate since he's out there, hoping that his investment appreciates in a space of no time) he better get his ass a Job to sustain himself. Investing in Bitcoin with your savings, without doing anything else to keep life going smoothly, until it gets to a good selling period is as good as wagering on casino games with borrowed funds - both will lead you to unending problems.
The process of HODLing takes and time and requires patience; there's no way he's gonna be patient enough for, let's say, 2 year or so, to be able to get an ATH price tag regardless of how much it'd be.
Edit;
P/s: This is not even a good time to buy, especially for little capital base since the market is bullish.
Waiting will only be worth it if you have other income-generating activities on the other side. But if you are just waiting for your assets to grow, it would be like waiting in vain as you don't know if you will be earning profit or not. At least, if you have other side jobs, you are not totally depending on your assets. Life goes on while waiting for your assets. It means, you have other expenses to pay for or monthly bills you need to pay.