It's fast, it's risky, it's bonkers, but I love it. 

Becauae of my pleasant surprise of FORTH earnings, I was able to get quite a bit of USDT within KuCoin. I know it's not the best stablecoin to be playing with, but for my purposes on KuCoin it's great to have right now. 

I have been lending out my USDT at priority rates and for any size of loan possible for the past two weeks. Seeing the juicy APY, I just couldn't look away! It's a risk I am willing to take. 

I had about $9800 USDT to start lending out. Since I have the auto lend feature on, it sends out whatever amount of idle USDT I have in my main portfolio. Sometimes it's $10 sometimes it's $500. Either way the interest will still apply. 

There are realized gains and accrued interest. The accrued just means that it is still out being used and the borrower hasn't paid back any interest. Not something I worry about too much because this is a pretty easy crypto to play with. 

It's wild to think I have earned ~$60 in two weeks off assets that I earned online. There is certainly a snowball that could happen from this for me. This sizeable chunk of tether could swing a life style, without a doubt. Especially if $9800 makes up a large chunk of your annual salary. 💰

This post is more to show and share what I am doing and for anyone to spot any red flags that they see. You all know I am still super new and naive to this, so I'm likely not doing ALL my DD when it comes to gathering information. 

But just think how nice it would be to snowball this USDT for just a bit longer... A few months... Years... 😍🥵

What do you think? Am I crazy for even playing with such risky investing platforms? Isn't that what half the fun of crypto is about? Let me know in the comments below how silly I am. 😂