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.
Yes many traders have been making profits lately most especially those that took long position they were also some short positions that actually made some traders money.
Except you’re not looking at any profit there is no need to hodl stablecoin except you’re staking on a centralized exchange which is a very risky move too rather I will say go for investing into bitcoin because the charts currently look great for an upward movement.
Right now I will say don’t be carried away with the market been green if you’re a trader stick to your strategy, but if you’re not one don’t jump in because you see traders earning now. Stick to your strategy is my advice on this