Glossary
Smart money
Also written or said as: smart wallets, smart wallet, smart traders
Wallets with a record of profitable trades, which other traders watch and copy.
Trading tools label wallets 'smart money' when they have made money over many trades, and seeing several of them buy a coin can be a useful signal. The labels are based on past results, some smart wallets were simply insiders, and by the time you copy a buy you are paying more than they did.
Learn it properly inCopy trading and following KOLsThe trading playbook · 3 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.