You should give him an advice if you are true friend of him, just tell him the chances that his money possible to lost if the bitcoin decrease the value. But in the end it depends on him if he continue to invest in bitcoin or better if he going to learn more about it so that he have knowledge and he can use it in investing when o here to invest.

We all know investing in bitcoin is really good and gives  a good profit but also it is very risky because of the price of it is increasing and decreasing that possible for the investors to earn money or losing his investment.

We have different aspects in investing coins, most of ask are want a high profit so that we are investing to the coins that depends on are speculation that are possible to invest.

about the coin that you invested only the dogecoin is I know and the price is still low but might be in the future it will increase the price and earning a huge profit but I encourgae you to invest more money in crypto but doing research first that are coins who are possible to increase the value in the future.

People stay poor because once  they get a salary from their job they buy their wants instead of investing it to the crypto or any opportunity that generate a money.

Being poor is defends on you on how you financially free just remember that once you have money or opportunity use it in a good way and be wise  because once you not use it you will still poor.

But there is some people who are poor before become rich because of their mindset and also a hardwork.

There is a lot of for us to know when the us the right time to buy a cryptocurrency , many people have list to be considered that they need to see first because they buy a coin and for me Im waiting to the good news of the project of the coin so I can buy because news is powerful and for sure it will have effect on the price of the coins but if it's bad news the result is not good also if the news is legit.

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Trying my luck 😁

Reserved

Bitcoin now is more than 12k dollars and I don't see for the price of the bitcoin to become lower the 5k dollars because the movement is good  and I think it have a chance to rise it in the next few weeks and we will see again the bull run if the bitcoin hits the 20k dollars per bitcoin. It's hard to find a legit and successful project because there is a lot of scammer now.

So what now what do you think about the market? I guess you believe to the ATH now because you saw the market there is a lot of coins improving the price and still continue to rise.  Ethereum is a good choice now because you will earn more money to this coin than the others coin. Market dumping value is a part of process and look the outcome now it is near to the bullish market.

When my first day in trading I did not all what should I do what to avoid or prevenr , but in the next few days and weeks that's the time that I was learned . Beginners not need to know that before doing trading because they can follow or researching it while doing trading becauss it's takes a lot of time before they fully understand that as long as you know the basic in trading you can start while gaininh knowledge about trading.

There is no coin without any losses because every coin you will lose money, mining is good and high profit if it's your country have cheap electricity usually those country who experienced winter have cheaper electriciity cost . But for me instead of mining Km going to use my capital in buying coin or trading because it is not suitable to my country it can result to me to bankrupt or lose my capital .

For sure both of this coin are trusted and every each coin have different supporters and investors they have investors that have both coins and the rest is only one. Im not a trader who are putting all my money in one coins it is very risky to lose it so I have different coins. About trusting between the two I must choose the ethereum because I invested to this coin 4 to 5 years ago when I was remember and I know it is good coin but BNB also because of the Binance exchanges who is trusted also .

I believe it will become higher the value of the bitcoin not only 13k dollars is possible for this year but the the highest value of the bitcoin which is 20k dollars is chance to see again this 2020 or when end this year if not lets still have 2021 or enxt year to achieve that value but now I believe it will increase more the highest price of the bitcoin of this year and it is really possible  to happen.

Don't worry about Ripple because the future of this coin is good it will rise the value for sure. Yes many people are using the XRP because of the fast confirmation and the fees is very affordable so many people choose this. I believe more project will use Ripple for the payment method. Im holding more Riplle now because I believe I get more money on this coin.

We have different dreams and many people want to become rich and to earn big profit so that's why until they holding their coins
Im not against to them because maybe they have purposes why they hold it and even me Im holding my coin right now because I believe to my own research every people have different thinking but you have also a point on your statement but for sure others will also explanation why they still holding.

I think now there's have best altcoins to invest for me is ethereum as far as I know and I think many people it is more powrful and portential coins in the crypto world as of now. But they have altcoins who is also good to invest don't look only to the best altcoins but also to the potential as many as altcoins you invest the more chances that you will get a good profit.

The more volatile is the coin the more chances that you will get a good profit but the risk is their to lose your profit.
Actually I want being volatile of the bitcoin because I can do shorterm witht that but for the beginners it is very risky if they don't have enough experience on how to do it. Every Crypto coins the price is undpredictable anytime anything is possible and we don't know if price is high or down so even you investing to coin there's still risk.

If you want to sell your neo is depends to you and you can do it if you want but you cannot dectate peopel what they are doing to their Neo because for me having neo is good choice maybe this year this coin is silent and no some improvements but maybe next year it will bloom and I hope once it happen you realize of what you are said before and you support again NEO.

The king of all crypto coins which is the bitcoin and the ethereum the king of all altcoins that possible for us to earn more money.
I saw the movement of thse coins and I would say it is a good sign already of the bull run of the market of the cryptocurrency.
It is slowly increasing in the past few days but still good because we can see the value to rise not to decrease.

More ways now that you can use in teaching the ederly about  the bitcoin if they really want to learn and start earning.
 A crypto user once their relatives who are ederly they can teach them one by one or personally they can use visual for easily understand the bitcoin but they have ederly who still easily understand when they see some information about of what they study.

My country is allowing crypto so  I can trade where ever I want and we have own wallet and crypto ATM and it is good news for the people here in my country because there is no strict about using and trading the crypto coins. I don't know if the VPN will works if the Country ban all related to the crypto such as wallet, trading sites ,investment and I don't know if they have other ways to unblock it.