The reason why people are still investing in shitcoins instead of Bitcoin is because they feel shitcoins are more fast in growth than Bitcoin and they have may be seen one or two people that has made money from some shitcoins,
Shirtcoins are more fast to growth and more fast to die, just as simple as that. Show me one person that have made money from shitcoins and I will show you one thousand persons that have lost money to shitcoins that leaves it at a ratio of 1:1000 which is an unnecessary risk to take with my hard-earned money. Irrespective of how great they paint shitcoins, it is not a risk I will encourage anyone who value his money to take. The funny part is that some persons attempt to hold shirtcoins after being convinced to do so by the founders who are all out to make money and not create anything serious. The even device means such as staking, yield farming and others just to convince their victim that they will make money but at the end it always end in tears because before the maturity, most of the shitcoins would have died and return to nothing.
I no of a guy who made huge profit by investing in a shitcoins and was very lucky in withdraw fast, after that one success he tried other coins which failed him, the last time I saw him he was advising me not to engage in shitcoins.
That means your friend succeeded in wasting his time. Making money from one shitcoins and losing it in another is just moving round the same cycle and it might even be that he lost all the money he made and added more money due to greed that usually come with the quest for quick profit. It is very difficult to see anyone following shitcoins that is not greedy because the whole essence of investing in something that risky is greed.