– If you haven't heard by now, there's a project called TIME Wonderland that's offering its
investors a 71,000% APY through auto-staking that cryptocurrency. Today, I'm going to be starting
a three-part tutorial series on how to buy and stake a project. And today we are covering TIME Wonderland. And I'm not only going to show you exactly how to buy and stake this project, but I'm going to show you how much I made in two weeks as well.
And you're going to want to
make sure that you stick around to the end of the video on this one, because I have a bonus method that shows us how to get extra interest on our TIME that we already have stakes. Let's dive in. (upbeat music) What's up, guys, my name is Kris. And on this channel, I cover
all things online money. And my goal is to document my journey of creating passive income
streams to share it with you, so we can all spend our time
living more meaningful lives. Now, since I shared in a video, my cryptocurrency investments, in which projects I'm currently
staking for passive income, I've gotten so many of you
asking me to do tutorials. So I plan on doing a
staking series tutorial where I show each one. And if you didn't see that video, I still recommend checking it out. But to give you an update
of what staking is, if you aren't familiar with it, all we're doing is we're
purchasing particular tokens of a cryptocurrency, and they're being held on that
blockchain, and in return, we're receiving rewards, and
this is auto-compounding.
So it's a little different. So those rewards get
compounded three times a day, and they get stacked on top of each other, which is why the APY, annual
yield percentage, is so high. Now, as always, I'm not
a financial advisor, please do your own
research, Twitter, Discord, and the company's website
are amazing places to start. And if you do find any
value in this video, consider liking,
subscribing for more videos coming out like this every single week on creating passive income. If you invest $100 today, does it necessarily translate out to $71,000 in a year's timeframe? And the answer is no. And there's going to be three main factors that will change that APY in
the grand scheme of things. And the first one, and
this is the easiest one, is if the price of the
cryptocurrency goes down.
If the price goes down, the APY might actually go up a little bit, but it's probably not
going to offset the loss in the grand scheme of things, and you probably won't
achieve that 71,000% APY. Now, the second reason you may not see that APY come to fruition is if they don't meet enough bond sales. So they have to sell bonds in
order for this APY to be met. And if they don't sell enough,
that APY is going to go down. And the last reason is simply inflation. So when the price of Wonderland
ticker symbol TIME goes up, that means more TIME has to be printed. And when the price of TIME
goes down, more TIME is burned. Which means that whenever
we purchase TIME now, there's probably not going
to be the same amount of TIME left in circulation in the future.
So I just wanted you guys to know that before getting into this. Now this tutorial is going to
be broken up into nine steps. And the timestamps will be
in the description below, because I know how convenient those are as I watched so many tutorials on YouTube. So I'm going to go ahead
and put these steps on the screen now, and you can use these, you can screenshot it if
it makes it easier for you, and feel free to jump
around if all of these steps may not apply for you. Let's get to it. Okay, so the first step is
you have to get your money from your bank account into the exchange, and a lot of people use Coinbase. I use Gemini because the
fees on it are the lowest. I think it might be the one of the lowest exchange fees out there. And what we're going to do is, you have two options in order to do this.
You can either do an ACH
transfer, which is free, but it's going to take five
business days for that to clear. Once the funds are on Gemini, but those funds won't
be able to leave Gemini. Or you can wire the money in
which is what I usually do. And it's a $25 fee. So just go into it knowing that. Now I wanna make one quick
correction on my last video. I said that the founder
of TIME was anonymous, it's actually Daniel Sestagali, and he has a really great track record. So I'll leave a link to his
Twitter as well down below. So you guys can have an easy
place to start your research. Now let's go ahead and buy
something with our money in Gemini. Once you have money in the exchange, the first step is going to be
actually purchasing Ethereum. And I'm going to go at, and I've already purchased the Ethereum. So just for the sake of
showing you guys this. Looks like I need to buy a
minimum amount here of 10. And we're gonna go
ahead and click Confirm.
Make sure it's coming out of
the USD balance that you have not from your bank account. Okay, the order has been placed. So once we have an order for Ethereum, now we can go ahead and make
that transfer out of Gemini. So what are you going to need to do next is you need to create a KuCoin account. And the way I know how to do this is because we need to buy Avalanche. And it's going to ask
to have a security code. And this code is just
an app that you download once you get the KuCoin exchange. It's the 2FA app. And that's going to, it's
just for extra security. And so once your KuCoin account is made, we need to deposit the Ether
into the KuCoin account. And so what we're gonna do is we're gonna go over to
our main account over here inside of KuCoin to make sure
you're in the main account.
Type in ETH, and click on Deposit. And then what we're going to
do is click on Main Accounts. Copy that address, do not
manually type this in, copy it. Because if you type in the wrong one, and try and transfer it out,
you will lose all your money. Go ahead and go to transfer,
withdraw from Gemini. And then you're just
going to go ahead and, put this, paste this in, continue. I'm going to go ahead and let's do .13. Request withdrawal. So now what we're going to do is we're going to wait for that Ethereum to get into the main account. That should be here momentarily. And while that's happening, what we can do now is we
can download Metamask.
You're going to need Metamask for this. So while that's happening, you can go ahead and get
Metamask, download that. Once you download Metamask, and all of these links will
be in the description below for everyone. So once you download Metamask, you can see a little Chrome
extension right here. And if you just click on it,
that's going to be your wallet. We'll get to that in a minute. So once you get the Metamask extension, now you need to add the Avalanche network.
And what we're going to do is
we're just going to go ahead, and click on this little
mainnet button up here. You can see, I already have mine added. It should always say C-Chain. But how you guys are gonna do it. Just come down to custom
RPC, click Custom. Network name. And I'm going to just type these in. And then you can paste in the URL. And see, it already shows that I have it, but I'm just going through
this for the sake of the video. 86A. Symbol, AVAX. And then you can paste in
the explorer one if you want. And then when it gets added,
make sure it says C-Chain. So once that's added, now
let's go back to KuCoin, and see if our Ethereum is in here.
Okay, so now that the Ethereum
is in our KuCoin account, now what we're gonna do is we're going to switch this to our trading account, so you can see it right
here, just type in ETH. Click Transfer. Then transfer over to our
trading account, max amounts. Confirm. And now what we're going to do is go over to our trading account. And we can see, so click on Trade. ETH/USD. Let's see what the
pairing is of Avalanche. So we're trying to buy Avalanche. And if you go over to
AVAX, you can see trade. The pairing is USDT. So we need to basically
sell this into USDT, and we click on Trade, USDT. It's going to ask for
your trading passcode. And then what we're gonna do is we're just going to
sell all of our ETH.
So just click on a
hundred percent down here. And then for the buy orders, I'm just gonna go ahead
and click on one of these. It's moving pretty quick. So, sell all my ETH. And you could see if it
fills, because it's going to, it'll show up down here,
if you didn't fill. And make sure that
you're actually clicking on these numbers, because
if you type them in, you could sell all your
stuff for way too cheap, or you could buy it way too expensive. You definitely don't wanna do that. So I always like to click on these. And then what we'll do is
we're going to go ahead, and go to Avalanche/USDT. So what we'll do is go back
to the trading account. Click on trade Avalanche, and it's gonna take us right there.
Okay, so once we're in
the Avalanche account, we'll just go ahead and click on Trade. Click that USDT pairing. And as you guys can see, there's more than one
way to the finish line. There's so many different
pairing and things you can buy. This is the route I'm going. You don't have to go this route, but for the sake of the video,
that's what's gonna happen. And then now we have it over here. We're gonna buy 100% Avalanche. So we need to click the
price we wanna buy at. So we have USDT. And I'm just gonna go ahead
and click a price down here. 100%. Buy some AVAX. And it looks like it's not filled yet. So you can see it right
here, it is not filled. We're just gonna wait
on that to get filled. Okay, it looks like it got filled. And you can see if it
got filled really quick, 'cause you can see right
here, order filled AVAX/USDT. It looks like we picked up 0.66 AVAX.
So now what we'll do is now we need to get
our AVAX off of KuCoin . And we're going to send it to Trader Joe. So now what I want you to do is I want you to go to CoinMarketCap, and we're going to type in Wonderland. Now, the reason why you
don't wanna just type in TIME is because there are a
couple of TIME right here that you can see, but we
want the Wonderland one. And once we have Wonderland pulled up, what we'll do is you go
down to the market tab. Click on Market. And then what we'll see is all
of these different pairings. This is where we can buy our AVAX.
So what we need to do. So this is where we can send our AVAX. Okay, so now that we've
purchased the AVAX, now we need to get it back
into our main account. And so what we'll do is we're
just gonna go to our Assets. Go to Trading Account. We're gonna click on Transfer, and we're going to transfer
this back to our main account. Just click this little
button right here, confirm. Now it's in our main account. Just go to the main account tab. And now we need to get our
Avalanche off of the exchange. And so what we'll do here is we'll go ahead and click Withdraw.
And so now it needs to go
into our Metamask, okay? So we're just gonna go ahead and click on our Metamask wallet. Make sure that your Avalanche
network is selected. We're gonna go ahead and
click that wallet address. Remember, do not try and type it out. Make sure it's the same. It's going to be Avalanche C-Chain. So make sure you click the C-Chain. And then just click on the max amount that you want to transfer. And then we're gonna go
ahead and click on Confirm. Confirm withdrawal. And KuCoin does a really good job about their password system, I think. So we'll go ahead and get it. Okay, it says it's successful. So now it is headed to
our Metamask wallet. And now what we need to do
is we need to figure out where can we buy Wonderland TIME? And so what I like to do,
I know it's on Trader Joe. You're going to go into CoinMarketCap, and you're going to type in Wonderland.
The reason why I say type in Wonderland, because if you type in
the ticker symbol TIME, it's gonna pop up some
multiple TIMEs here. Just make sure you have the right one. It's going to be Wonderland. It'll bring this up. You're gonna go over to the market tab. Once you have the market
tab, it'll show you. These are all the places
and all the pairings, you can buy these. I wanna go ahead and use
the AVAX/TIME pairing. So if you just click on this right here, it'll take you directly to it. And then you can just buy it immediately. We're going to go ahead and click on. I accept token update, go
ahead and click on Trade. And once that Avalanche
gets into your wallet, all we're going to do is, and now what we can do is
we're going to purchase TIME. And we'll go over here to trade. And make sure it's the AVAX/TIME pairing. So we'll go ahead and click on TIME.
And you don't wanna ever do max AVAX, because you wanna leave some for fees. And you wanna make sure that the Avalanche mainnet is selected, not any of these other networks. So make sure you're on the right network. And then what we'll do is
let's say I want .2 AVAX. And then, and right here, we can see, okay, 113 AVAX per TIME. Go ahead and click on Swap. Looks like there's going to be
an Avalanche fee right here. Go ahead and click on Confirm. It's going to probably ask you to add the token to your Metamask, if you don't have it already.
Go ahead and click Confirm here. And now we have TIME, okay? So now what we need to do is
we need to stake our TIME. And what we're going to
do here is once again, I want you to go back to
the TIME on CoinMarketCap. The reason why I use these
websites and just not Google is because there are so many
scam websites out there, guys. And the crypto space is filled with it. You just wanna make sure that you're going to the right website.
I'll leave links in the
description below as well if you wanna use those. And then just go ahead
and click on this website, wonderland.money. And we're going to go ahead
and click on Enter the App. Okay, we're about to get to the fun part on how much have I made or lost, and it's looking pretty good. So I'm going to go ahead. First, let me show you how to
stake, and then I'll show you. So right here, you can see
that I have 2.37 TIME staked. And when you stake your TIME,
it turns into MEMO, okay? So MEMO is, think of it as your TIME.
It's just a little different. So on staking for TIME
is a little different. I don't wanna unstake any of my TIME. But it's a little different than all of the other projects out there. And right here, it's saying,
okay, you can stake .0155 TIME. I'm going to go ahead and click Stake. It's going to charge us another
Avalanche fee right here. Click on Confirm. Now it's pending. And then once it goes through, it'll say that our balance is staked. So let's go in and pull
up this spreadsheet, and see how much I've made or lost. So I only have the TIME column showing, everything else is blurred out, because I'll be showing those
in later tutorial videos. Got to keep the suspense building, right? And once again, this is
available for download.
And so what we'll do is
we're just going to go ahead and plug in the price of TIME. Now I do want to say here that my numbers are going
to be a little bit higher than the YouTube video I did. I think my totals were right, but I didn't have the
right coins for starting, because what I noticed
was on my YouTube video, it was the totals in the coin start column were not exactly right. I actually ended up on the 24th. So a day later I ended up
making my final positions. And so it was 1.86 to start. And then coins now, we're gonna
go ahead and plug that in. Well I just put in some more TIME. So, 2.35. So it'll be 2.35. And then this is what I've made so far in the current price of
TIME is I believe 97, we'll call it 9,700. So the way I have this
set up guys is where it will show you what your
current value is worth.
So right now I have made
$8,016 in two weeks. This is absolutely insane. If I were to cash out right
now, it would be $22,800. And I'm projected to
make this month another, basically in total $12,575
based on the calculations. And if you miss that first video, all these calculations are, is what you're going to do,
is you're gonna take this net reward yield. You're gonna take that. It's going to be 1.006032 to the 90th power. And then you take that, times, and I've got this all filled
out for you guys on the sheet. Times this column right
here with what you started. Then you have to minus what you started, because that's the profit plus principal, minus the principal. And then you get what's left over, what's the meat on the bone. And that's a lot, a lot of meat, guys.
And that is why compounding
is so effective. Okay, so now I'm going to show
you how to earn an extra 20% on your MEMO that you're earning. So I'm going to be doing
this with about .15 of my MEMO today. I suggest that you
research this a little bit, and understand what is going on here. But I'm just gonna walk you through it. I think it's a great way to earn some APR on top of what we're already earning to enhance those results. And this is my actually
second time doing this. So I don't really know
how this works long-term, but I definitely plan on
revisiting this in the future to see if it's something
else I wanna keep adding to.
So what we need to do is first, we need to add the Fantom
network to our Metamask. And so what we're gonna do is similar to how we added
the Avalanche network. We're gonna go down to
our networks, custom RPC, and then you're gonna add
this information right here. And once this information is added, you will then see the
Fantom Opera network. Then what we need to do
is we need to buy Fantom, and we need to buy
Fantom inside of KuCoin . Now the thing is with Fantom,
is that there's a $50 fee, and you have to transfer
out at least 50 Fantom. So you're gonna need a
couple of hundred bucks. There used to be
something in their Discord where they would give you free Fantom, but that's not the case
anymore, I just checked. So I'm now going to go
ahead and buy some Fantom.
I already have some Fantom in my wallet, and I ran across those fee issues. So now that I have the Fantom,
I'm gonna go back to KuCoin . Once you get back to your trading account, you can go ahead and
then just transfer that to your main account, just as
we did to Avalanche before. Now it's all on our main account. And now what we can do,
withdrawal to our Metamask. And so I'm gonna go ahead
and select Metamask. And make sure that you
have your Fantom Opera. Once selected, click the address here. It's the Fantom network, FTM. And then max, 72. Confirm. Confirm withdrawal. And I'm gonna go ahead and send the code. And now that's withdrawn. So then what we're going to do, we are going to go to abracadabra.money. We're gonna go ahead and click on Borrow. Then we're going to go
ahead, connect your wallet. You're going to have to make sure that your Metamask is used
in the Avalanche network.
Otherwise it's not going to register. So, connects. We're going to click on Wrapped MEMO. Click on Borrow. And then we're gonna click on Wrap. I'm gonna put in .15, and
then it's going to wrap. I'm gonna go ahead and click on Confirm. Wrap, confirm. So then what I'm going to do
is I'm going to click on wMEMO, because I need to wrap,
get my MEMO over to Fantom. And I just clicked on
my balance right here to get that max amount. Now I'm going to click Approve wMEMO. Click on Confirm. Looks like there's 11 cents in fees. Transaction is pending. Now that that's approved. Now it's inside of our Fantom wallet, but we're not going to be able to see it unless we have the MEMO. So then we need to add the
Wrapped MEMO into our Fantom, so that we can see it.
We'll click on Assets, import token, and here's the token address. And that will be in the description below. So you won't have to
worry about finding that. And then what we'll do. Okay, so when you're doing this, what we need to do is make
sure you're on the Router side. We're gonna go ahead
and select Wrapped MEMO. And we have our AVAX,
Wrapped MEMO, Fantom mainnet. We'll just go out and
click on our balance. That's our max balance. Then we're gonna go ahead, and make sure that the MEMO
is added to your wallet. That link will be added below. And the way you have to do this is if you just go into your Fantom wallet.
And you go down to your import tokens, and you input this token
address that I have below. That will be your Wrapped MEMO. So we don't even have to worry about that. Let's see here. So I'm gonna go ahead
and I need Wrapped MEMO. And we're gonna go ahead and click on Max. So make sure you're in the
Avalanche part of your wallet. We're gonna go ahead and click on, let's see how much MEMO we have.
We have .0104. 0104. And then we're gonna go ahead and swap. Confirm. Confirm. Transaction's pending. Okay, so it says it's confirmed. You can see that the MEMO balance is down. Then we're gonna go ahead, and go into the Fantom Opera network. And it will may take a
minute for this to load. And now the Wrapped MEMO is there. So now what we're gonna do is we're gonna complete the final step.
Okay, so now we just
complete the last step, which is Morpheus Swap. We're gonna go over to Pools. Make sure to unlock your wallet. Click Next to connect. And now it's connecting
our Morpheus, enable. Confirm. We're gonna go ahead and stake our MEMO. We're gonna max stake
our MEMO, click Confirm. Confirm. Pending confirmation. Anytime you see pending confirmation, it's just good to pull up your wallet. And it looks like MEMO is staked. We have staked $1,195. So that's it guys. That's the bonus step. And I hope you guys enjoyed this one, and I will see you next time. (upbeat music).