a friend of mine came to me and he asked, is it possible to invest in bitcoin and crypto for the short term,? which is to meet daily needs, and I am confused to answer because I am still a beginner in bitcoin and crypto. and I want to ask everyone about it?
if for daily it seems to be difficult, especially if the capital used is not too much, surely the level of profit is also not much.
but if you use a fairly large capital, it might be possible, but I suggest just bitcoin, not other cryptos.
No, it is not just about the capital or money you'll be investing. No matter how much or how little you invest, without proper knowledge, it won't work at all, and you will lose all that money. Bitcoin is not like other simple businesses where you set up shop, hire a manager, and then your business is up and running. In this field, you need first to have knowledge and also to know what kind of investment you'll be doing, such as trading or just holding your coin. Without any knowledge, you'll just be basing your decisions on your gut, which could lead to losses.