I had a buddy that finally bought in at $40K. I wanted to tell him he waited too long, but at this point it doesn't really matter. He is still up right now, so no harm I figured. I have another friend who gave me some money to invest a while ago. I was quite clear with him that it would probably all go to zero and he was fine with that. He and I went to dinner the other night and it was nice being able to tell him the money I put into BTC several years ago is doing quite well! It's definitely not for the faint of heart and you absolutely should keep your day job!
I hear you I will not invest money for anyone. There's too much legal stuff I don't want to deal with if things go south. I think of you go in with a mentally that it could all go to zero you have established a baseline of what you are willing to loose which is a major first step.
I'm with you. I was hesitant to do this, but he is probably my best friend and we had a pretty good understanding about how this was going to go. I haven't pulled punches with him in thirty years, so I wasn't about to start now.
That’s good that you have that trust