when you have explained about the risks, and he accepts it, then you are beyond that responsibility. if you still feel bad about it, then stop giving information about trading to him, and tell him to find out the information himself. tell him that when you have started, then come to yourself and share about his experience. However, if you still want to guide him, then try to minimize risk by using a minimum deposit on an exchange to do a trial error in trading. maybe $10 is enough. I'm pretty sure that he will get an idea of what trading really is and the risks involved. However, it's all beyond your responsibility, and you don't need to feel bad about this, in fact, you are giving new knowledge to your friend.

Usually, I trade before a bull run market or maybe the market is recovering like it is right now. if I feel that the amount of crypto I hold is sufficient, then I will wait for the bull run to occur. it can give me a sizable advantage.
Besides that, in my opinion trading when the bull run occurs is quite risky. like people who trade bitcoin at ATH, it is quite dangerous, because when the price goes down, he needs to hold for a very long time to get their assets back. however, it seems to do a short is not a problem. it's just that, I prefer to hold when the bull run occurs and wait for a price that makes me happy to sell.

well, if we talk about the problem of inflation, then the way to save it is by investing, and the OP only gives gold options, so gold is an option to survive temporary inflation. however, if there was another option, many people would occasionally invest in crypto, particularly bitcoin.
Personally, generally, if economic conditions are normal, I choose to deposit, that is the safest way to save money, but when it comes to investment issues, then I will choose gold. however, if conditions are inflationary, the safest option is to choose gold to normalize.

well, that is the advantage of bitcoin, that you don't have to worry about your investment. I also often do this. however, I thought the same thing for popular altcoins, not to mention that they are cheaper than bitcoin. so, I sometimes combine my investment with several altcoins. however, personally, I only use altcoins for the short term, and bitcoin for the long term. However, the risk of bitcoin is smaller than that of altcoins, but I feel that with a small capital, the profit is not too big.

All this time, I've stopped looking for airdrops from altcoins, so for 2023 I still haven't gotten anything. However, it looks like I'm finally interested in taking part in airdrops again, especially now that there are quite a lot of pretty good airdrops just by doing a test net. ARB and SUI are examples of that. quite a lot of people get benefits there, even some of my friends also get it, although not too many. but it's still quite worth it.

In several African states, I've seen a country with the lowest income. I simply think that they work very hard to earn money. they walk several tens of kilometers every day just to earn a few bucks. I think, it's not just a matter of hard work. I think they just haven't got enough education to make a lot of money from anywhere else. In addition, the government also plays an important role in this matter. However, education is very important to start economic improvement. there are so many reasons why people are stuck in poverty.

in some cases, in my country, especially in my place, there are quite a lot of educated people, even about finances, they are very educated. However, they can't even make that much money, and quite a few are working with the government, on a steady, meager salary. on the other hand, there are people who don't even have basic financial knowledge, but they do business, and finally have quite a lot of money from the development of the business they make.
what I'm trying to explain is, sometimes we learn as we do, and that costs money. Personally, I'd go for $1 million, that's because I can make a small business out of it, and while learning. Well, you can even get a good education if you have $1 million in your pocket, and that's not even that much. In fact, currently there are so many places to study online or offline. if he has knowledge of technology, even a little, I think with his knowledge they can learn on their own. for $1 million, you can even buy a house unaware that it can be a place to live and an asset. Well, everyone has their own thoughts on this.

I am pretty sure that he has finished school and is working, but I think it is a bad idea to quit his current job, especially since he is just about to start focusing on trading.
Personally, I might be inclined to work and trade on the side. it could be my only source of income if I maybe have nothing else to do at the moment, and am still looking for a job, or still growing a business. however, if I had a job, I would be trading on the side. it is because trading does not require 24 hours to be noticed. besides that, trading can also be accessed via smartphone, which means you can even do it while working, or taking a break.

if we still have other options, it would be great to take that option. however, personally, I don't really like NFTs, and they tend to be less expensive than MEMES. if between these two choices, I tend to choose memes. however, I currently have neither and choose to hold bitcoin and popular altcoins. quite a few NFTs and MEMES have crashed and become worthless to date.

the fact is that it is a very good decision, but people are sometimes willing to take risks to get big and instant profits. they are willing to use their main money in investing, some even dare to seek loans for it.
Well, it's not wrong if they really want to take the risk, because there's so much evidence that it's also a good decision. however, quite a lot of people fail because of it. Therefore, it is highly recommended to use money that doesn't make you hypertensive or maybe special money to invest so that when you find a risk, you don't think about it too much because you are ready for it.

well, we don't know if someone will be more inclined to investing or trading, but both ways are proven to be good at increasing income. Apart from that, from investing and trading, both of them also have examples of successful people, so it depends on our choice.
Besides that, instead of being confused about investing or trading, it would be better if we could combine the two. we don't know where the best potential is when we only choose one of them. each person will give different results depending on their respective techniques and strategies.

besides bitcoin and ethereum, I would probably go with Matic. $40k is a great value for me. if I may be required to invest in one crypto, then I will choose bitcoin, or ethereum depending on the circumstances. however, if possible, I would split that up into percentages. bitcoin, ethereum, and Matic look quite promising to me, but in the short term, maybe Doge and Shiba might be worth considering given that they are very risky investments that can give you quite a bit of profit.

it is a good share, sadly, it is a very big income in the country that I have. some countries have an average income of under $1k, or even around $300-$500 per month. with income like that, it will be difficult to save 30% of your salary, let alone large basic needs. In addition, some countries have people's incomes that are even lower than that. So, it might be a hard thing to save.
However, saving can still be done and adjusted to the income we get. the more income we generate, the greater the potential to save, even to build a new business. it's just, it's a really good idea. it would be great if we try to increase the income we have at a certain target, for example, $ 1k before we do this saving method.

even for people who have been trading for a long time it will take time to make $100 from $10. sometimes, people will give advice to learn to trade with $10, and once he really understands, then he might be able to make the most minimal investment to take trading seriously.
Also, based on the story the OP gave, instead of borrowing $100, he would have raised $100 in 1 month. I saw that he could pay it off in a month's time, so it would be better if he waited, and used the $10 to study while waiting for the $100 he would earn in a month's time.

the choice of ADA and XRP is pretty good. if you are confident in your altcoin selection then dividing your assets into 50% ADA and 50% XRP would be a good strategy. however, if you have doubts about both, then Bitcoin and Ethereum are the best options for investing. or you can add BTC and ETH to your investment and divide it to 25% on each coin you choose. However, personally, if I had $10k, and had to invest in crypto, my top choices would be bitcoin and Ethereum.

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.

well, i also thought the same thing. Online earning is now more attractive than offline. very many business people use their social media to increase their assets. that's probably because jobs in the real world have a standard salary and may increase slightly. while online has great potential and is not limited. many people are still trying to make money from their online work until now. after all, online and offline is actually a good job. You can do both, or choose the one that really interests and excites you.

Well, I can't say that I don't like investing in meme coin, however, I think if investing for $10 to $20, then I think it's ok. i've done that a few times.
We need to realize that investing in meme coins is a very risky thing, and some people say that investing in meme coins will risk losing all your money. however, we also know that the price increase potential is really good, and can even be many times over. So, I feel that $10 to $20 is a good value, or even under $100 if you have a lot of cash. If you like it, then use the money you are willing to lose.

Well, basically the purpose of using bitcoin is to increase the finances that we have, so it's obvious that it will increase the economy that we have. In fact, some people have become rich people or a businessman by utilizing Bitcoin. so far, I still use Bitcoin because it really affects my economy and finances. I think a lot of people feel the same way I do here.

if you target it monthly, like making $600 a month with $2000, then it's possible. in fact, some cases I get that they can make more than $ 1k or $ 2k when they are really good at doing analysis and speculation. However, it all depends on how skilled you are in trading. There is also a risk of getting a loss, but I suggest not targeting daily income, but monthly. targets like that will be easier to manage than every day. it will confuse you later.