Six months from now I'd like you to tell us about the "close relative" who bought Bitcoin at $57,000.
Sorry, you are off by a mile. The close relative is a computer and math genius, and did not buy Bitcoin as an investment.
He was hired by a major international IT company because of his expertise in blockchain technology. It is blockchain that is the future - crypto is just a part of that.
And that’s why he bought BC and other cryptos. He made his own Litecoin mining computers and at one time was making a killing mining Litecoin. He quit when his electricity bill exceeded his LC income of course.
He has 4 degrees obtained simultaneously, Summa Cum Laude. His “investments” have been very rewarding.
Neither he nor I am suggesting anyone buy Bitcoin presently. There are other crypto currencies with a lot greater potential.
Six months from now we’ll find out if he and I should have sold our Bitcoin at today’s prices, when we got in early for almost nothing.........