I guess he is too excited by the potential of Bitcoin that's why he feels like their is no risk attached to it, but in reality he is wrong and if he is saying it to someone, then he is misinforming others about Bitcoin because no investment that is risk free, and because we live in a world where no body knows what may happen tomorrow, so you can't be 100% certain of what tomorrow may bring, that's why we are advice not to go all in on our investment in Bitcoin, so that if it doesn't goes as planned we wouldn't be contemplating suicide or any bodily harm to ourselves.
0% guarantee of it succeeding in the future.
With the way it has always been in Bitcoin from year to year going from one price to another higher price, we can use because of this yearly different prices increase to remove the misleading you are actually saying because even if he did not informed the person about any risk doesn't determine much of there assets because they will not be doing anything other than holding so actually anything outside Bitcoin is what could be misleading of not informing the risk ahead because even it they want to hold it another factor he doesn't understand might still liquidate all there investment. Although I also advised to educate people about the risk before investing but just as they say time teaches people to think different from before so that is why I'm using what I said above considering the yearly prices Bitcoin usual creat to correct the extensive failure some are thinking it will be on someone who doesn't no the risk of Bitcoin before investing.