The market has been looking very good lately, and traders likely have made some profits. Many of them are probably holding stablecoins right now.
I'm holding stablecoins and monitoring the next market move. Hopefully, the direction will be clearer by Monday.
I would appreciate any insight on the current crypto market situation. Also, I'm curious if there's any way to trade or hold stablecoins and enjoy passive income instead of just holding as I am now.
I think you’re more of a trader than a holder. If you are an investor in bitcoin, you should by now invested in it and some other coins you find worthy of been investing into. The stable coin you’re holding and watching the market signifies to me that you’re waiting for a good market analysis breakdown on the coin you’re going to trade. This is a good time to trade a long market as the market are doing good and are all uprising, but one things you should know is that the market can be tricky too, so use proper risk management when going into any trade. I cannot say you shouldn’t invest, if you’re to invest, you should go all into bitcoin or some other few cryptocurrencies as it is less risky than any other coin you can think of now.