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Smart Money

5000% ROI in 2023: The smart money turns volatility into profits

Updated: Aug 31, 2024
Published: Aug 21, 2023
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Any trader can book profits in a bull market.

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However, you’ll most likely lose money during the flat and bear markets if you don’t know what you are doing. 

Yet, in these ever-shifting market conditions, a group of traders stand out for their ability to harness the momentum of market highs and lows for big profits. 

Today, we handpick three of the most exceptional swing traders in the market – their portfolios have scored a combined 5000% in ROI in 2023.

What do these smart money wallets know that the rest of us don’t know? 

What do they do differently than the rest of us?

Let’s go!!!

TLDR 📃

  • Elite swing traders are thriving in volatile markets, turning uncertainty into profits.
  • Trader 1 has a net worth of $1,691,855 and achieved an ROI of +2,950.77% with a focus on assets like RLB and UNIBOT.
  • Trader 2 boasts a net worth of $1,954,711, an ROI of +1,815.54%, powered by RFD and UNIBOT.
  • Trader 3, despite a smaller capital base, achieved an ROI of +347.86%, with a focus on PENDLE and DMT
Disclaimer: Not financial or investment advice. Any capital-related decisions you make are your full responsibility.

Smart money overview🔎 

Even with the market feeling gloomy, it's intriguing to see smart money wallets embracing volatility. 

Today’s smart money wallets aren't holding back. They're cutting back on their stash of stablecoins, dropping to the lowest point in a year – just a paltry 12% of their overall holdings.

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So, here is the question. If the smart money wallets are ditching stablecoins, what are they buying instead? 

Trader 1 

Trader 1 is like a British shorthair – they have an easygoing and sweet demeanour that hides a keen eye for strategic and opportunistic trades. 

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Just look at their success with RLB and UNIBOT: this trader is not anyone’s mate when it comes to swinging for the big leagues.

  • Net worth: $1,691,855
  • 2023 ROI: +2,950.77%
  • Style: Swing trader 
  • Wallet address: 0x6af2342535ae6adf918354c1ca94ca7b638ae38
  • Top pick(s):  RLB 

Portfolio

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Big wins

  • The trader bought $298,741 worth of RLB at an average price of $0.0659. They then sold some of this position for $495,665 to score a PNL of 165.73%. Furthermore, the trader continues to hold their RLB position to this day.
  • He also invested $282,998 in UNIBOT at an average price of $80, resulting in a profit of $607,800 when they later exited the position.

Strategy

The strategy here is straightforward. This trader makes strategic bets with their capital, then rinse and repeat with the winners. While they might not have achieved a 10X return on any single investment, they have consistently doubled their money through various bets.

They also don’t stay married to their bags and don’t hesitate to take profits, as evidenced by their decision to swap DIGITS into RLB and UNIBOT at the right moment for a hefty profit.

We also see this trader embracing the GambleFi and trading bot narrative, with RLB, UNIBOT, and DMT aligning with the gambling theme. 

Trader 2 

Trader 2 is like a Bengal – they are physically active and very vocal, and they don’t hesitate to lunge out to snag profit from unexpected places.

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  • Net worth: $1,954,711
  • 2023 ROI: +1,815.54%
  • Style: Swing trader
  • Wallet address: 0xa207e7fc9ea6ab628115fdb64b50a298fb046ebd  
  • Top pick(s): UNIBOT 

Portfolio

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Big wins

  • The trader invested $20,133 in RFD on May 20, selling this position fully between May 25 and May 28, which resulted in a profit of $201,933 and a PNL of 1000.32%, making it one of his best trades.
  • The trader invested $34,493 in UNIBOT at an average price of $32, resulting in a profit of $168,406, which corresponds to a PNL of 388.19%

Strategy

This trader demonstrates a deep understanding of making quick dashes for profit. Despite RFD being considered a low-value or 'shitcoin' by many, this trader entered the market early and sold at the peak of its popularity.

The rest of his portfolio mostly consists of good old BITCOIN and meme coins like PEPE. Interestingly, he has also ventured into GambleFi with RLB and placed a bet on the continued trend of Telegram trading bots, holding UNIBOT. 

Most surprisingly, he has a position in 0X. We are not sure why he holds that position, but again, this trader has a knack for scoring big wins from unexpected places.

Trader 3 

Trader 3 is like a Mainecoon– they are like a lion hiding inside the meekness of a lamb.

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Despite having a smaller capital base, their skill and smart trading choices set them apart.

  • Net worth: $82,058
  • 2023 ROI: +347.86%
  • Style: Swing trader 
  • Wallet address 0xb1636b8336e98cd896e9bc6f91ca6ebb3c81bb00
  • Top Pick(s): PENDLE 

Portfolio 

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Big wins 

  • This trader bought $15,300 worth of PENDLE at an average price of $0.17, then sold 50,000 PENDLE for $35,500 at about $0.71, and they still hold 40,000 PENDLE worth approximately $21,951.21. So, total profits stand at about $42,151 and a PNL of 275.16%
  • He initially bought 729 DMT for about $ 4,738.50 at an average price of $6.5. He then sold 639 of the DMT tokens at an average price of $35, resulting in a profit of $18,238.50 and a PNL of 384%. 

Strategy

This trader is still early in his trading career, but he can identify trends early. In February, he jumped on the PENDLE bandwagon and discovered DMT as a GambleFi play early on, investing at $6. 

This shows that, while this trader may not have as much capital as others, he is just as skilled, and he’s even demonstrated incredible brilliance in taking profits from PENDLE and DMT. 

Currently, his primary investments continue to be in PENDLE and DMT – a composition showing that he is also betting on the LSD & GambleFi narrative.

Cryptonary’s take 🧠

Despite the recent market downturn, it seems that smart money investors and our swing traders aren’t afraid of the volatility as they’ve decreased their exposure to stablecoins. 

Examining their holdings reveals a clear trend - a strong bullish sentiment toward the decentralised gambling sector (GambleFi), with assets like Rollbit (RLB) and DMT present in every portfolio. Our recent free report agrees, highlighting two significant opportunities in this sector. 

UNIBOT also prominently features in their portfolios, signifying their confidence in Telegram trading bots maintaining market dominance.

While the market has been mostly flat and heading deeper into bear territory, today’s smart money wallets show that the right skillset, toolset, and mindset can help you navigate the peaks and troughs in the market with finesse.

The key is spotting emerging narratives, not hesitating to take action and deftly riding the waves of crucial narratives for profit.

As always, thanks for reading.🙏

Cryptonary out!

 

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