You did well man to have told your cousin that there was no guarantee to his investment. He might not really be happy to see that, if he his still new to crypto world. But cool, you can always put him on.
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Well, this is the way. Dips will come and yes, he knows it's not guaranteed to make profit in the short run, but perhaps in a few months time
That's great! I made analysis on that on inleo community. The good thing is, if we are down, and the price reaches the market floor, we have the opportunity to buy at a discount.