Its a very good response with lots of information. You covered all the important points.

I wonder whether it's abit too much information in one go? Might be abit overwhelming for newbies.

Consider taking out bits, try to prioritise. Objective is to get your friend to the next step. The temptation to try and teach it all in one go, we've all done it.

Your reply is so well written, and put together, I'm not sure how to reduce / prioritise.

Eventually your friend will needs to learn everything in your response.

You've written a book on Bitcoin, so your a Bitcoin expert and knows what you talking about. If he is really interested he will bite.

Yeah I agree, research more important than showing how to buy. Once they know enough, encourage your friend to buy small amount. Once invested more likely to explore more.

Out of curiosity what is your rough % success rate to orange pill?

My record isn't great 1-2% at most, I really tried orange pill last bull run, the negative responses and lack of enthusiasm was so frustrating. I dont actively talk Bitcoin any more. If someone expresses interest I spring into orange pill mode. But its not very often. Maybe I will try again.

Although this is the time when most people are receptive to listening when price goes up and air time on news, whoever we onboard, we should definitely prepare them for a crash. It always happens. My first bullrun i fell for the hype and thought it would go up forever. But I don't think it should be the first thing we emphasise. If we are surprised by a supercycle well that's a bonus.

Hopefully you will find my feedback helpful.