For those that do crypto, how do stable coins fit into your strategy?
I know you can stake them and beat the stock market with very low risk. However, I have not had the discipline to allocate a monthly amount to put into them because I am always wanting to increase my holdings in other blue chip coins that have more risk, but more potential reward long term.
I was considering moving to a 50% (or some %) allocation to stable coins to lower risk and diversify my crypto portfolio, and then beginning to stake them. But I wondered what other people in this space did for themselves.
I know a lot of swing traders use them to temporarily secure their profits, but I don't do much swing trading so I am only looking at them as an investment. You can get 10-20% APY on them which is nothing to ignore verses other lower risk assets like bonds or even worse, a saving account.
Thanks
I know you can stake them and beat the stock market with very low risk. However, I have not had the discipline to allocate a monthly amount to put into them because I am always wanting to increase my holdings in other blue chip coins that have more risk, but more potential reward long term.
I was considering moving to a 50% (or some %) allocation to stable coins to lower risk and diversify my crypto portfolio, and then beginning to stake them. But I wondered what other people in this space did for themselves.
I know a lot of swing traders use them to temporarily secure their profits, but I don't do much swing trading so I am only looking at them as an investment. You can get 10-20% APY on them which is nothing to ignore verses other lower risk assets like bonds or even worse, a saving account.
Thanks
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