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?
Investing in bitcoin for short term is not really a good idea, because your profit is not guaranteed, Bitcoin is not what you will invest in and after few month's you think you will be in good profit, if you really want to make good money, then you should be able to hold for long term.
I don't know what your friend means by meeting daily needs, do you mean your friend want to be trading bitcoin and he will be taking profit to take care of his daily needs? If yes, then your friend should know more about trading, or he might endup losing money. If he really wants to make good money, then he should hold for long term.