I was so overwhelmed he that has aided to save me longer time in educating him
Bitcoin was around $26K when he came into the industry and Bitcoin market values today is impressively varying in-between $34K and $35K plus.
So he had engaged on diversifying his portfolio having his first investment for a long-term investment on ageing plans ahead the future while he has also invested a short-term for his up closed bills.
Your friend shouldn't be deceived by the quick profit he made within a few months, he is just fortunate to buy at the right time. It took some investors several years to make a profit from their Bitcoin investment. To be a long-term holder, he should be exposed to open-sourced decentralized wallets and he also needs to learn how to keep his coins safe. He needs to learn more about trading if he is also targeting to make a short-term profit because trading is more complicated than holding.
From demo trading to actual trading, big difference.
With demo trading, you don't lose anything and you don't have to care about market movement, loss in demo trading is not actual loss and don't make you stressful. Profit in demo trading is not actual profit and you don't feel greed with it.
Demo trading doesn't come with the pressure and anxiety that real trading causes. In demo trading, you already know that you have nothing to lose so it's just like play. But it is a good platform to learn trading and demo trading shouldn't be the end of learning, one needs to keep reading. But after learning, starters should start with little funds until they have mastered the process.