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Why does cryptocurrency always crash on weekends?

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Why does cryptocurrency always crash on weekends

Introduction

You might have noticed over the past few weeks certainly if you’ve gotten into crypto for the first time, why do weekends always suck for crypto? What is going on? Why the weekend? You know stock market guys get to go home on a Friday night they go to the bar and they’re done for the weekend. The markets are closed, and they get to enjoy their families. But crypto traders are always writing crazy anxious weekends over the past couple of years. That’s how it’s been.

Well, there are a couple of reasons for this. Like why exactly does crypto go crazy during the weekends? There’s a number of reasons I’m going to go through them right now. 

The reasons for weekend crypto volatility are:

1. There just are fewer trades happening.

Basically, when the volume is low, the same trade size can move prices a lot more so people aren’t trading much and then when you have a whale that comes in and makes a big purchase on the weekend or dumps a lot of coins on the weekend that moves the price and that also moves the market, and also we should remember that crypto Bitcoin is only 12 years old.

It’s a very young property, currency, whatever you want to call it, I call it property, some call it currency, and remember; not all of these coins have been minted yet. So price fluctuations like that can move markets substantially. That’s when somebody like Elon Musk can get on the microphone and say something on Saturday and move the market about Dogecoin or he can get on Twitter and make a comment and it moves the entire markets.

Related  How to find new altcoins before they explode

That’s way more difficult to do when you have the massive amounts of volume that you have with the stock market.

Biggest Price Swings Happen on Weekends

2. Banks are closed.

If you want to get money into your crypto wallets and start doing some trades, you’re just not going to be able to if you want to send a wire you’re probably not going to be able to do it until Monday morning.

So overall, there’s just less trade happening on the weekend. You’ll also notice something interesting happening on Sunday nights, that’s when a lot of the volume starts to come into the market. So around 8:30 am or so at night is when you start to notice some real volume happening.

That’s because Asia is just starting to wake up and they’re just starting to kick start their week. So it’s Monday in Asia. So typically on Sunday night you get to see a rebound things start to get back to normal a little bit on Sunday nights. That’s usually when we’ve seen Bitcoin settle down, that’s when we’ve seen some of those or all coins settled down  on Sunday night once Asia wakes up and some of that money starts pouring back into the system. 

3. Trading on margin.

A lot of investors when you know you have digital currency prices dipping below a certain level traders often re have to repay the loan that they took out. If they’re doing margin trades. Well, guess what, If they don’t have the money in their accounts, they can’t cover it because their banks are closed.

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Then you have investors not covering loans and you have exchanges, maybe selling off the digital currency in order to cover that borrowed money that they didn’t get back just yet. Some traders are struggling to be able to pay off borrowed loans that they have, if they’re doing some of these margin trades when you’re borrowing money from these exchanges. I mean, you’ve got some exchanges like Bybit, Binance and others that will let you do you know 10x leverage, 100x leverage that you’re able to do on some of these margin trades.

That’s why we get these crazy undulations over the weekend. Could we see a time when regulators step in and say no trading on the weekends? Is it possible that the government would step in and say halt trading? If you want to do business in this country, if you want to set up an exchange like Coinbase or Bybit or one of those, you are not allowed to work after 5:30 pm on a Friday night and you can open up again on Monday morning. Could we be moving to a market that’s similar to the stock market.

4. Market manipulation.

Study in 2019 shows how Tether which was a digital currency tied to the US dollar may have artificially inflated Bitcoin and other cryptocurrencies during the 2017 boom, but they don’t know exactly to the extent to which it happens. There are a lot of studies that show that there is market manipulation.

Related  Free guide on how to create NFT and sell them on opensea.

We see a lot of FUD coming out of China that’s moved the markets, there definitely has been market manipulation. I think there’s suffice it to say there’s been enough evidence now of market manipulation and that has definitely moved the markets specifically over the weekend. One big problem though, is going to be these crypto ETFs, these exchanges traded funds now if you’ve ever owned an ETF, you know, you do it on Wall Street and you do it during trading hours.

Well, how is that going to work as a crypto ETF when you can’t do any of those trades, but crypto is still open on Saturday and Sunday, but the market for the ETF is actually closed? What if you want to sell your ETF because there’s so much volatility and you’re nervous about it? You can’t do anything. You can’t touch it until Monday. You know what happens if suddenly the market in crypto dumps like 20% and you want out but you can’t because you’re in an ETF, an exchange traded fund that doesn’t open until Monday on Wall Street.

That’s a problem and that why the Securities and Exchange Commission is considering more tighter regulations standards for cryptocurrency trades.

Conclusion

Could we be seeing crypto trades halted all over the weekend and only allowed again on Friday? Is there a closing bell on Friday and starting bell at 9:30 am on Monday morning. At the opening bell will we see tighter regulation that mirrors the stock market? 

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Cryptocurrency

How to find new altcoins before they explode

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How to find new altcoins before they explode

In this article, I’m going to show you step by step how you can find new altcoins before they explode and actually get an edge that most people don’t have.

The two things to keep in mind are (1) investing in cryptocurrency can be very risky. (2) It’s a very volatile market, do not invest more than you can afford to lose. 

Let’s head straight to answer the questions below:

  • What is the trust swap Launchpad?
  • How can I participate in a launchpad project? 
  • Token lock features of Trust swap Launchpad

Read: How to find NFTs before they blow up? – A Comprehensive guide

What is the Trustswap Launchpad?

Trustswap Launchpad is a full-service launch platform where stakeholders can gain early access and participate in the most promising blockchain projects. And the whole goal here with trust swap is to add as much transparency as much trust to the launchpad process as possible.

The Launchpad toolkit uses trust swaps advanced smart locks technology, therefore their technology provides customizable and fully audited services that can securely lock tokens for teams developers and slash or early stakes. But all of these things combined is the reason we’re seeing more and more projects choose to launch their token off of trust swap. Smart locks technology ensures the integrity and trustworthiness of Launchpad projects towards the goal which is achieved by enabling the locking of liquidity, which makes it convenient for projects to avoid rug pools as well as token dose.

Trustswap Launchpad

Trust swap is the only Launchpad that offers guaranteed allocations and operates on every single blockchain if you’re staking a swap and anybody staking at least 4000 swapped tokens gets a full 24 hours to fill out their allocation form. Obviously, the more you stake, the higher your allocation will be. Trust swap does have a guaranteed allocation, and also a vetting team consisting of a panel of blockchain experts, which spends weeks evaluating each Launchpad project before approving the launch. So based on their discretion, only the most quality projects get in and those projects disclose their vesting schedule of their token allocations, consequently enhancing trust and integrity.

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These features are powered by trust swap proprietary smart Lock technology. with this launch bed, there is no gas wars, which cannot be said for the other launch pads out there. And gas Wars is when you pay more fees to have your transaction go through first, maybe you will try and get your allocation first, which in essence pushes out the poor people who can’t afford it and only makes the rich get richer with trust swaps Launchpad that’s not possible.

How can I participate in a launchpad project? 

  1. Make sure you own a wallet that is interacting with the Ethereum blockchain, i.e Metamask. In addition, your wallet should hold some Eth and swap tokens to start.
  2. Navigate through our launch pad dashboard and connect your wallet we recommend Metamask.
  3. Select stake. Then just follow the steps outlined in the staking portal. And once the next project chooses to launch, be sure to fill out the application form within the 24-hour launch window and wait for a confirmation email, which you should receive within 72 hours and includes payment details.  And anybody committing the minimum amount for guaranteed allocations and passing the KYC verification is able to participate in the Launchpad; the more swap tokens staker stakes, the higher the allocation received for a launchpad project.

This is not for just Ethereum This is multi chain B trust swap Launchpad allows the launch of tokens into multiple chains Ethereum, finance, marching, avalanche, etc. As a result, it enables easy integration into crypto exchanges, and the wider Defi ecosystem.

Check out some of the past projects that launched off trust swap. We can see most recently Oculus, the initial price was five cents, all-time high was at $1.93. And right now it’s sitting at $1.91. obviously, that might level off in the future, but it’s a big success. 

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We also have Moby pay, which went up at most to its all-time high a 2,900% increase leveled off to a very humble 1,800% increase. And we can go down the list we also have chain games, glitch, finance, sell frame, etc.

Well nowadays almost everybody can create a token and launch it on a decentralized exchange like UNISWAP. Such tokens are often risky because of liquidity pools, poor contract code, exit scams, and mass token dumps by external investors due to unfavorable or nonexisting vesting schedules.

Trust swap wanted to create a solution that is able to tackle these fundamental issues in the crypto space. And smart launch is the name of that solution.

The smart launch is a security ecosystem that is provided for free to the community and consists of four key surfaces, token locks liquidity locks, lasting as a service and meant for the first three. The three locking services run based on trust swaps proprietary time-locked smart contract, designed to set customized token lock parameters. No longer would an individual have to guess you can verify you can know exactly what’s happening. Right now there’s over $3 billion in total locked token value in team finance over 160 million liquidity locked, and over 11,400 projects are locked with trust swap. just perusing the list here. We can see how many tokens in this case it’s 50% of the team’s allocation.

The next unlock for that team is 10 months away. It’s not only the Eth blockchain, but binance smart chain as well. You set the parameters you customize, or the team customizes the experience. And by the way, not all of these are businesses. 

Token lock features

Token locks allow project team members such as founders and token developers to set up token lock parameters. Projects can lock a percentage of their pre mined token supply, or team owned tokens into our time locked, decentralized, smart contract vault. tokens cannot be accessed by the project until the end of the locked periods. This way the community and the investors are assured that the team will not mass dump tokens during the contract period causing a so-called Exit scam.

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These projects cannot pull the liquidity from the indexes and dump those tokens on the HODLERS causing the token price to drop to near zero. And these vesting schedules are public and include a transparent view of release dates and amounts to investors as proof of trust insecurity. 

Investing: This is when either teams or early investors can get their allocation little by little over time instead of all at once.  This will assist in preventing mass token dumps by investors by ICO  ideal participants as well.

Mint: This is where individuals or companies can literally mint to their own tokens. Create your own coin on BSC, Ethereum, and on Polygon with no coding required and you can literally make any type of token you want;  an inflationary one, a deflationary one, rebase staking more, and this all fits into the launchpad ecosystem.

From idea phase to launch, a team would go through their token locks and liquidity locks, they would smart mint their own token and a launch on the launch pad with mint because the code is audited. Projects can significantly decrease development and audit costs and remove code-based risks such as secret minting features,  backdoors code vulnerabilities, attack vectors, and bad actor developers. You add all these things together, and the integration of these four Services offers a secure and safe environment to investors community HODLER stakers and team members by preventing team token dumps liquidity pools, and Rogue and risky minting. 

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How to find NFTs before they blow up? – A Comprehensive guide

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How to find NFTs before they blow up

People are making tons of money flipping NFTs, it’s one of the hottest attracting people in the crypto space right now.

Opensea trading volume has absolutely exploded and some users are making insane amounts overnight by getting in projects early before they blow up and trading them on secondary markets, but how do you do this?

In this article, I’m going to show you step by step how you can find NFTs before they blow up and actually get an edge that most people don’t have.

Find NFT projects before other people

Table of Contents

Introduction

NFTs are absolutely blowing up and people are making tons of money off this trend right now but how exactly are they doing it and what can you do step by step to try to follow this? Well, the strategy is basically this: you find new NFTs projects before other people, and then get on them before they blow up.

Of course, not every NFT is going to blow up overnight some of them go to zero but part of it is finding the project and then filtering through them and spreading your bets accordingly and getting in on these projects early, and then the price appreciates on secondary markets and then be able to sell the NFTs on a secondary market like opensea.io.

If you don’t know how to create and sell an NFT, refer back to our article: Free guide on how to create NFT and sell them on opensea.

How to get NFT projects?

There are two different ways to do this; you can get in on NFTs whenever they mint, so one really common way is that whenever new products launch, they have a website where they have some smart contracts, and they let you get a metamask wallet and go mint NFTs right at the start or you know if you miss the mint then you can find entities that are trading; you know early on opensea or a similar NFT market place and buy them before the price goes up.

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But how do you do that, like how do you even find new projects? Well, a lot of people actually do this the wrong way, they spend all day on Discord servers or they look at Twitter all day they try to find new stuff but there are a bunch of problems with this:

  1. It takes too much time, you have to look at all this stuff, there’s way too much noise in these Discord groups and on social media. This massive problem of influencers often times getting opportunities before other people and then talking about them so they’re getting in a way before you, and then if you are following social media you’re late.
  2. There’s also this problem of you not necessarily knowing what they are holding, they might just say they bought something but you don’t know if they actually did and sometimes they’ll just buy stuff and never tell you about it.

So anyway, all this is what most people do and frankly, it’s the wrong way, let me tell you the right way to do this and how you can get an edge in this entire process of getting into NFT projects early.

Step 1

One of the coolest things about NFTs is that they trade on a blockchain and all the information for blockchains is totally public, you can know about every NFT that is out there, you can know about every single wallet that trades NFTs anytime an NFT moves on an exchange like opensea.io.

But there’s also this massive problem which is; there are millions of transactions per day on the Ethereum blockchain alone, this is the primary chain where people are trading high-value NFTs and doing mints and even that’s like way too much noise but you can actually get an edge on this because you can take all this information and generate actionable insights in real-time about the wallets they are buying, holding and selling anytime new NFT drops are happening.

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There’s an application that will alert you not only for NFTs but also for cryptocurrency tokens and anything you can find on blockchain. It’s a massive game-changer.

Let’s jump into it, let’s talk about how to get an edge on NFT projects early, one of the easiest ways to do this is to look at what other people are doing as a starting point for filtering through all the opportunities on chain.

 Opensea.io NFT projects

Like I was saying before, there are tons of NFT influencers out there who are buying new collections, they’re minting them and selling them on opensea. Let’s start up with the first thing like what if you could find about anytime one of these influencers mints an NFT or trades an NFT? Well, I think you get an alert about it that in real-time.

Step 2

You can create an alert inside the application that lets you put an arbitrary name and you can put the addresses of the people you want to track even multiple people and you can set minimum amount of dollar you want for that transfer and once you save the alert you’ll find out about this stuff in real-time. You’ll see a digest of all the transactions that they get and then you can click on any of the links on display and start looking into those projects to see if that’s something you want to take action on.

Whenever you get one of these alerts you can just look at it on chain, you can actually look at the transaction here and see what it was. You’ll see if it is basically minting of a new NFT.

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This one way you can discover new projects by tracking what other people are doing in real-time and get notified about them.

Link to the Track application: https://nft.onchained.com

Step 3

You can also look at projects that are trending like new projects that hit the chain, that starts saying a significant amount of activity and know about those as well, that’s another way to find NFT projects basically as soon as they launch.

I am going to show you the way to do that inside the application.

Track NFT transactions

As you can see in the image above, there are tons of transactions like millions of transactions. I will look at their website and see who else is getting in on this project that I wanted to do so right now based on this I can look at the other tools because we track significant actors in the space and see what are they doing and currently I don’t see that anybody from that segment is actually depositing, maybe this project would pass on for the time being.

I can also look at other trending projects and see that we have one where a significant number of people from our segments are interacting with it and I can see what token it is.

Conclusion

Most people are going about this the wrong way they’re spending all this time on Discord, they’re are spending all this time on Twitter and still can’t cut through the noise, that is why this article is very important.

Thank you for reading, kindly share with friends, thanks!

Notice: We put a lot of hard work and research before writing this article, if you must copy make sure you link back with a do-follow link.
You will be reported to DMCA and other relevant authorities if you copy this article and ignore to link back to the original source.

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Metafi Yielders.com Review – Don’t join until you read this!

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Metafi Yielders.com Review

Is Metafiyielders.com a scam or the best that will make you an absolute fortune, let’s jump in and find out.

You are wanting to know if Metafi Yielders is a safe safe place to put your money or not. Let me give you a little bit of background, for four years now I’ve been involved in investing with stock market with private companies, with cryptocurrencies and so on.

Introduction

I’m not coming here from an affiliate perspective with Metafi Yielders. I’m coming here independently to give you some solid information that you can evaluate for yourself whether Metafi Yielders is a safe place to put your money.

If you are in a rush, jump through to the Red flag section using the table of content because I started with the soft warning flags first of all through to the seventh which is be a no-brainer for you to realize that Metafi Yielders is actually ponzi scheme and therefore a fraudulent scheme and the most likely scenario is that you are going to lose your entire money that you put into Metafi yielders.

What is Metafi Yielders?

Metafi Yielders is a cryptocurrency lending platform that you want to use to make money. Simply put, you deposit your cryptocurrency on the platform, choose a plan, and the company pays you a daily return of 1% to 3.3% on your investment.

Metafi Yielders website

“Profits Without Risk on the Crypto you Invest, stake, or transfer”.

“Investment team and a simple and secure platform to give you the most reliable returns on your investment.”

How does metafi Yielders work?

Metafi Yielders claim to pay investors from 1% to 3.3% every 30 business days. I claims to make you money by investing, staking and transferring, you are required to choose a plan and get started.

Metafi Yielders contact

Metafi Yielders provided the following contact details:

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Physical Office Address: 16 Jones Street, BLACKTOWN NSW 2148

Email: admin@metafiyielders.com

Facebook group: facebook.com/groups/metafiyielders

Discord group: discord.com/invite/9PsRuKaD8X

Telegram group: https://t.me/metafiyielders

Are these details true? Keep reading we will find out soonest.

Metafi Yielders Who.is Domain information

Metafi Yielders is registered on GoDaddy server, the domain was registered on the 16th of March, 2022 and it will expire on the 16th of March, 2027.

Metafi Yielders who.is details

The details of the domain registrar were hidden by DomainsByProxy.com.

Who is the owner of Metafi Yielders?

According to Metafi Yielders official youtube channel, the owner goes by the name Mr. Michael Daher. We will find out below.

7 Red flags of Metafi Yielders

Read this article carefully to educate yourself on how these scams work, I will run you through the seven warning signs (red flags) in Metafi Yielders that you should be aware of to keep your money safe.

Red flag 1

The first red flag we will look at is the video of the CEO below on an official Metafi Yielders Youtube video he stated at exactly 4:28 that Metafi Yielders has been working for 10 years.

Yet, their website metafiyielders.com was only registered on the 16th of March, 2022. This website is very new, either Michael is lying that they’ve not been doing it for 10 years or they decided that even with this incredible technology they wouldn’t bother registering a domain name until the 16th of March, 2022.

Red flag 2

Below is a youtube video where Mr. Michael is being interviewed and he explains that how many team members now have, again remember we’ve just seen that he said that they were going for 10 years and making potentially 3.3% per day on their yield farming, well if that is the case I guess you would expect to have quite a number of staff but let’s just see how many people they’ve got.

I’m shocked for real, did you just hear that? They are 7 people in the company including Mr. Michael.

Red flag 3

Look at where the actual hosting is located for the website, check the image below from hypestat.com.

Where is Metafi Yielders located

We asked where Metafi Yielders is located and it’s actually in Belize City, now this isn’t a massive red flag but it is still a warning sign because Belize is one of those areas of the world where it’s very difficult if regulators want to step in close down a website, tax elites also go there all sorts of problems so Belize is a warning sign.

Related  Free guide on how to create NFT and sell them on opensea.

Any company that is hosting in Belize, there are some pretty strong reasons to why they’ve chosen that location and usually those reasons would tend suggest that perharps they are operating illegally or outside the law and that’s why they want to remain difficult to close down when they host in a country like Belize.

Red flag 4

We’ve seen a lot of Videos from Mr. Michael The CEO or the self-proclaimed CEO and we’ve seen a long-term resident of Western Australia and yet they’ve chosen the company as 16 Jonesstreet blacktown, new southwales 2138.

That is the address on the official company website, if we do a simple google search on that website address we would see that this actually is a residential address not something you would expect. The image below is a bungalow Chalet type building not the sort of address you would expect for a legitimate corporate company that is going to be handling hundreds of millions of funds in cryptocurrency.

Metafi Yielders physical address

That address is nowhere near Perth Australia, it’s actually over in Sydney Australia and that gap between Perth and Sydney is huge and makes no logical sense whatsoever.

Red flag 5

Another red flag is that Metafi Yielders is already being promoted by people who are known to have promoted lots of scams in the past, you can make a search on youtube and see for yourself, look at these promoters past videos.

Red flag 6

Red flag number 6 is a major redflag, there are financial regulators around the world who are there to protect the consumers from scams, they’re not registered to be regulated with the SEC. We can tell from the traffic they’re receiving to their website. They’re are attracting huge American audience and anyone who is offering a financial investment scheme which would be securities in America, they are very strong.

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The CEO Michael openly admited that they don’t have any regulations and they wouldn’t get it either even though it is clearly an investment scheme. We can all see clearly that this is a ponzi scheme and nothing more than that.

Red flag 7

This is a logical red flag, the interest which Metafi Yielders offer does not stack up at all, let’s go to a compound calculator and actually run through some numbers, numbers which are realistic according to Metafi Yielders. Check the image below.

Compound calculation for Metafi Yielders

You can do this yourself by visiting thecalculatorsite.com and I’ve said we are going to start with an initial balance of 3.50. Now, that’s actually less tha you can put in with Metafi Yielders but I’ve chosen this number just to demonstrate the ludicrousy of what is going on here. So, if you could start with just 3.50 dollars and you have a daily interest rate of 3.3% you could compound that for 36 months that’s just 3 years and remember Metaphy had said they’ve been going on for 10 years now.

The compund calculation for 3.50 initial investment for 36 months is $257,297,352,437.72. That’s insane. This is actually the networth for the richest man on earth.

Conclusion

Protect your money from scammers like these at all cost, find legitimate platforms and processes where you can make perfect chance of good returns of your money.

Average Trust score

  • FINANCIAL SECURITY: 1%
  • WEBSITE QUALITY: 30%
  • CUSTOMER SERVICE: 5%
  • SOCIAL STATUS: 1%

Average weighted score: 37%

CURRENT STATE: PARTIALLY PAYING

Is Metafi Yielders legit?

Metafi Yielders is not a legitimate platform, stay away from this poor scam, you have to be very careful with it.

Is Metafi Yielders a scam?

Due to the obvious Red flags, we’ve exposed in Metafi Yielders, we have no option but to conclude that it is a scam, do not invest in it.

Thank you for reading our honest review on Metafi Yielders, If you have any questions or comments, you can leave them below in the comment section.

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