I had been thinking of trading. However, watching the markets swirl around the toilet, buying up MCO has become very affordable. I keep buying some at what I think is the bottom. Then it drops some more.
As I mentioned in a previous post, I'll be stopping at 500 MCO so that I can stake it and qualify for higher interest rates on staked crypto, which includes stablecoins.
The financial markets offer stocks and bonds. I'm seeing the same dynamic in the crypto market. Some of the stablecoins aren't sexy; but, they can put out steady income. I think in this volatile market, I would like a stable place to park money.
Posted via Steemleo