If you haven't made any money from memes, don't be sad
Even a whale wallet with a large capital can lose heavily.
For example, this whale wallet lost more than 1M$ in just 30 days, even though the market is in an uptrend. This proves that having a lot of money doesn't mean you will make a profit from the market.
Lesson learned: Strategy and discipline are more important than capital.
+This whale's biggest mistake was trading too much without good risk management.
+No clear stop loss and only 10% win rate, showing that the trading system is ineffective.
Even if you have a large capital, if you don't have a clear plan and discipline, you can still lose heavily like this whale wallet.
What about you?
Comment below, I will give you 10 friends soonest the document "How to analyze whale wallets and choose the most suitable strategy to optimize trading on DEX"