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?
The market right now is bad, there is no crypto you will invest in right now that will give you a short-term profit, to be honest, but if your friend is willing to risk it, now is the time to buy bitcoin, the market is down with an opportunity to buy at low price.
I'm concerned about your friend about invest in bitcoin and expecting to have profits to meet daily needs, bitcoin doesnt work that way, you should do more research and teach him the basics though there are people who invest in Alts coin and stake them and have them withdraws the reward, of course, your capital have to be huge, the more you stake, the more reward you have as passive income but I don't like Altcoins because highly volatile, the teams can rug pull and runaway and possible hack attempt.