I converted most of my portfolio to usdc back in early 2024 when everything was crashing. I wanted to preserve what I had left and wait for better opportunities.
That was almost 2 years ago and i'm still mostly in stables, which is fine I avoided more losses but now I have like 30k in usdc just sitting in my coinbase account earning basically nothing. It feels weird to have money in crypto but not participating in any of the upside (or downside ig), but I'm also not ready to go back into volatile assets yet. I still have ptsd from watching my portfolio drop 70%.
What are people doing with their stablecoins? just holding? I know there are defi protocols but every time i think about using them I remember all the hacks and exploits and I chicken out.
Is there a middle ground between earning 0% on an exchange and risking everything in some sketchy protocol?