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?
Fix your title first. And the answer is a simple No. You can't invest in bitcoin for short term and expect to meet daily needs. Very risky and highly likely he will end up losing money and won't be able to pay his bills. Show him the bitcoin chart, and he will see that the short term price is very volatile. Zoom it out for him and he will notice that the price in the long term always has been giving profits.