Can you make money with Monero?

Could you elaborate on the potential financial gains associated with Monero? I'm curious to understand if investing in this cryptocurrency offers viable opportunities for profit? Additionally, are there any specific strategies or considerations one should take into account when attempting to generate income through Monero? Would it be advisable to hold it as a long-term investment or is it more suitable for short-term trading? I'd appreciate any insights you could provide on this matter.