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2. Once I take the profits in stablecoins, is putting them on something like Blockfi to gain interest the best thing to do while I wait for another dip to possibly reinvest them?
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if you want passive profits like this, it's better to choose staking or farming on a trusted platform or exchange, that's a pretty good strategy to get passive income. while waiting for the next bullrun. and don't forget to enjoy your profit by making yourself happy, going for a walk, having a picnic, or doing whatever you want.
well, the cryptocurrency market is hard to predict, we never know when the market will bounce back with a beautiful bullrun. while waiting, make sure our lives are fulfilled, have enough expectations, and manage risks as well as possible.