As a novice in crypto, I want to take enough time to learn more on how the market works before investing. But I'm really concerned on how to keep my money safe as I await the right time to invest.
Do you think it's better to save in stable coin like usdt or I should just keep the money in the bank?
If you are trading then you have to keep money in stable con and trade with them then you can calculate your profit. However, if you want to hold your personal money through stablecoins, it may not give you a good experience and there are a lot of risks involved, so in this case, keeping money in a bank would be a logical thing to do. The price of Stable Coin is stable and if you exchange less dollars here then you will not find the difference here but if you keep more dollars then you will find some difference during the exchange because the price of USDT will drop to 0.99-0.98 many times. As can be seen, it does not stay that way for long. Also a popular StableCoin like UST has been seen to crash. So in my opinion it is better to keep money in bank if you don't intend to invest