If you want to see if your crypto wallet is doing good, look at key pointers like ROI, realized and unrealized gains, and your win rate. These numbers help you keep track of money made, spot trends, and make better trade choices. Tools like Wallet Finder.ai make this easy by checking how your wallet is doing, following your trades, and giving you updates right away. Here's what you should know:

• ROI (Return on Investment): Shows how much your money has grown or gone down.
• Realized vs. Unrealized Gains: Realized gains are money made from trades you've finished, while unrealized gains are what you could make from things you still have.
• Win Rate: Shows how many of your trades make money.
• Trading Habits: Look at trade size, how often, and when to see patterns and better your ways.

Wallet Finder.ai lets you link your wallet, look at old performance, and see how you stack up to the best wallets. It also has tools like data sending out and alerts to help you move fast when the market shifts. Whether you're new or know a lot about crypto, knowing these metrics is key to doing well in the quick-moving world of DeFi.

Track Wallet Profit & Loss in Just 1 API Call - Full Tutorial

Main Wallet Money Measures

To trade better, you must know the main ways to check how well your wallet is doing. Let's talk about a few key points, starting with ROI.

Return on Investment (ROI)

ROI shows you the gain or loss you have made from your first investment. The way to find it is simple: ROI (%) = (Current Value - First Cost) / First Cost x 100.

If ROI is up, you are making money. If it's down, you are losing money. To match different plans well, use annualized ROI. This changes the ROI to show the amount of time the money was used.

"Return on Investment (ROI) compares the current value of an asset to its original value to determine its performance." – crypto.com

Let's look at an easy case: Say you bought 300 Tesla stocks on August 26, 2016, paying $14.67 each. By August 26, 2022, each was worth $288.09. This means your money grew by 1,860.83% in six years, or 64.21% each year. This way works for normal stocks as well as for crypto money.

But, remember ROI isn't perfect. It doesn't think about how money's worth changes over time or how risky an investment is, unlike more full ways like Net Present Value (NPV) or Internal Rate of Return (IRR). Yet, it's a good first step to see how well your money is doing.

Money Made vs. Money You Could Make

Knowing the difference between money made (realized) and money you could make (unrealized) is key for taxes and knowing your trading results.

• Realized gains: These come from trades you've finished - when you've really sold the thing. This makes tax needs.
• Unrealized gains: These are what you could make from things you still own. They stay just an idea until you sell.

Market ups and downs can make unrealized gains drop fast, so watch both types. Unrealized gains show what your stuff is worth now, while realized gains show what you've really made. For crypto fans, tools like tax-loss harvesting can balance out gains. Many use software to handle lots of trades, since crypto prices change all the time.

Winning and Keeping Good Trade Habits

Your win rate is how many trades make money. The math is easy: Win Rate (%) = (Number of Winning Trades / Total Trades) × 100.

A high win rate keeps bad mood-driven moves low and cuts down big money losses. But just winning a lot isn't enough. Being steady in trade is just as key. A trader who does well over time is more solid than one who just got lucky a few times. Steady traders handle their Risk-Reward Ratio (RR), found by Potential Profit / Potential Loss, and their Risk Percentage, which is (Amount at Risk / Total Trading Capital) × 100.

"The greatest enemy of a good trading strategy is the dream of a perfect strategy. Stick to the good trading strategy." – John Bogle

Trade Amounts and Past Trades

Trade amounts and past trades show how busy the market is and can point out new trends. High trade amounts often mean a lot of people are interested in a certain crypto asset, which may make its price go up.

Looking at your past trades can also help you see odd moves that might tell you where the market will go next. For instance, in early 2021, a Bitcoin whale moved 10,000 BTC to an exchange wallet. Not long after, Bitcoin's price fell nearly 15%, showing a big sell.

When you check how your own wallet is doing, think about these things:

• How often you trade: Does trading more change your outcomes?
• When you trade: Are there special times or market situations where your trades work better?
• Size of trades: Do big trades work out differently than small ones?

Checking How Much Wallets Make Money

Wallet Finder.ai grabs info about digital money from Ethereum, Solana, and Base and puts it in one easy tool. This place makes it simple to look at how wallets do on many money chains by giving smart tools and one main screen.

Looking for Money-Making Wallets

The find tool lets you look through lots of wallets by how much money they make, how often they win, and if they keep doing well. Wallet Finder.ai checks all past moves of wallets, showing plans that make a mean gain of 340%. You can pick from many filters by time and how they did to match how you trade and how much risk you take.

"I've tried the beta version of Walletfinder.ai extensively and I was blown away by how you can filter through the data, and the massive profitable wallets available in the filter presets, unbelievably valuable for any trader or copy trader. This is unfair advantage." - Pablo Massa, Experienced DeFi Trader

Keeping Track of Wallet Results Over Time

Once you find wallets that make money, Wallet Finder.ai lets you see their old results with easy visuals like graphs and charts. You can link your own crypto wallet too, to watch how it does in DeFi trades and see how it stacks up to the best wallets. These past insights show patterns, guiding you on when to use new plans.

This tool also sends you fast alerts on Telegram, telling you right away when your picked wallets buy, swap, or sell tokens. This is great for copying trades. Plus, strong save choices let you keep and look at info on your own, helping you get better at making plans.

Sorting and Saving Data

Wallet Finder.ai has tools to pick data by set points like smallest ROI, trade size, and win rate. You can save key numbers, trade pasts, and own graphs as CSV, Excel, or PNG files for use away from the net or in talks.

The tool has two pay plans:

• Basic Plan: $26 each month (paid each year), gives you top wallet finds, wallet looks, and lets you see up to 50 wallet addresses.
• Premium Plan: $34 each month (paid each year), includes good trade finds, save options, deep stats, and lets you see lots of wallet addresses.

With user scores of 4.5/5, Wallet Finder.ai is well-liked for how right it is (4.8/5) and how it works (4.7/5). Its live data, sorting tools, and save skills make it a key tool for anyone serious about analyzing wallets.

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How to Check if Your Wallet is Making Money

Plug in your wallet, run the numbers, and find out how well you are doing in the fast-changing crypto world.

How to Link a Wallet and Set It Up

Your first step in checking your wallet's money-making is to link it safely to Wallet Finder.ai. This opens up features to keep an eye on and check how well you are doing.

Sign in to your Wallet Finder.ai page and go to the Account spot on your board. Press Connect Wallet to start. You will see choices like WalletConnect, OKX, Coinbase, Phantom, and Solflare. Pick the one that fits your setup.

Now, let the link happen. This may mean you scan a QR code with your phone wallet app or type in a key for desktop wallets. Be sure your wallet is on the right chain (Ethereum, Solana, or Base) so tracking and checks work right.

Once linked, make sure all is in sync. Your wallet will show under External Wallets, letting the platform watch your deals. Set your check time with the MM/DD/YYYY style. Start with 30 days to look at new moves, then try 90 days or more to see patterns.

With your wallet linked and set up, you're ready to work out key measures.

Finding ROI, Gains, and Win Rate

To see how your wallet is doing, start with the ROI rule. For instance, if money grows from $1,000 to $1,500, the ROI is 50%. For long-term spots, say you put $5,000 in crypto that grows to $10,000 in a year, the ROI would be (($10,000 - $5,000) / $5,000) × 100 = 100%.

Real gains are about what you really buy and sell. Take out the buy cost (cost base) from the sell price to find your win or loss. For example, buy a token for $15 and sell it for $25 to get a $10 win. Wallet Finder.ai keeps your cost base fresh with each deal.

The win rate looks at how often you win, turning the number of good trades into the percent of all trades. This shows if your wins are from big hits or many small ones. Be sure all deals are logged for sure results.

After working these measures out, see how they fit with big market moves.

Match Your Numbers with Market Moves

Making money info alone isn't the full picture. Crypto markets shift a lot, so it's key to match how you do against market shifts. Wallet Finder.ai has tools to link your info with the wider view.

Look at how your wallet did in different market times. Did you get more ROI when markets were up, or did you keep gains when they were down? This can show if your wins rely on good market times or show strong trade moves.

Volatility counts too. A 50% gain on a firm asset like Ethereum is not the same as the same gain on a risky meme coin. Use Wallet Finder.ai's tools to sort your holdings into groups like DeFi tokens, strong stocks, or risky bets. This will show top winners and show spots that need work.

Set price and amount alerts to move fast when the market shifts. Over 70% of busy traders use alerts to keep up with big price changes. Watching big traders and big holder moves can give hints on market ups and downs that might change your results.

Also, think about risk-adjusted gains when you size up your scores to market marks. For example, a wallet with a 200% gain during a good market run might be doing worse if the market rose 300%. On the other side, keeping gains in a bad market shows smart risk care.

Wallet Finder.ai's smart tools can help you guess market moves and give tips right for how you trade. By 2023, over 58% of fast crypto traders used high-tech boards with auto setups. Use these looks to shape your plan and find the best times to buy or sell. When your wallet's scores keep beating the market, you'll know you're on the right path.

Making Use of Profit Data

After you look at your wallet numbers, your next move is to use that info. Wallet Finder.ai makes it easy to pull out what you've found and set up smart alerts. This keeps you on top of market shifts and helps you make better trading calls by watching closely.

Taking Out Data for Offline Use

You can pull your wallet data out as CSV or Excel files right from any analytics page. Just hit the export icon, and you'll get detailed analytics and trade data ready to look at offline or report on. This data works well with tools like Excel, Google Sheets, or any spreadsheet program you like.

The pulled data isn’t just numbers - it’s made clear. You'll see dates in MM/DD/YYYY, money in regular USD style (like $1,234.56), and percent gains set to U.S. norms. This lets you sort by dates, pick out certain tokens, or zoom in on specific tactics. Many traders dig into this data to find timing trends, figure tax costs, or check how their crypto values stack against their starting costs to spot losses.

For taxes, this data is a big deal. You can load these files straight into crypto tax programs, making it easier to spot weak assets. The full transaction history also helps in making choices about tax-loss selling or moving assets in a smart way.

Once your data is out and sorted, you can go further by setting alerts to quickly react to market shifts.

Setting Alerts for Wallet Moves

Real-time alerts turn your profit checks into an active trading plan. With Wallet Finder.ai, you can set up alerts to quickly know about key on-chain moves. Be it big token moves or smart contract plays, these alerts can show you new chances as they come.

For instance, you can get alerts for Smart Money wallets - those known for steady profits. If one trades, you'll know fast, letting you think about copying their moves.

Another important alert is watching exchange flows. By keeping an eye on big token moves in, you can guess coming sell-offs, which might mean you need to tweak your holds.

Active traders can also get alerts for trending contracts. Whether it’s decentralized exchange plays, NFT mints, or yield farming chances, these heads-ups help you catch new trends early. This puts you on par with top wallets.

You choose how to get these alerts - via Telegram, Discord, Slack, or email. Many traders like Telegram for quick news and email for bigger daily summaries.

Focus on the numbers that fit your plan. Whether you watch wallets with good win rates, check tokens with fast volume jumps, or keep an eye on specific price moves, these alerts let you use live data. Often looking over your portfolio and checking each asset's game can lead you to wise choices.

"The exceptional volatility presents both risks and opportunities for investors." - ScienceDirect

This ups and downs are the main reason why mixing old data with live alerts works so well. As your data shows past wins, alerts let you grab these chances as they come. Both of them make a strong tool to move through the changing crypto market.

In Short

Knowing how wallets make money is key in the quick world of crypto trade now. With crypto markets set to go over $3 trillion by 2025, making smart, data-based choices is what makes good traders stand out from those just guessing.

Research says that groups using data are 23 times more likely to win new users, and about 20 times more money-making than rivals. In the unsure space of DeFi, having the latest data on how wallets do helps traders gain an important edge.

"Big data is already being used to improve operational efficiency, and the ability to make decisions using real-time data is rapidly becoming the mainstream norm." - Randy Bean, CEO of consultancy firm NewVantage Partners

Here is where Wallet Finder.ai comes in. The site makes it easy to look at wallets, giving a clear setup and a strong data board that works for new and old traders. With things like live wallet scans, watchlists you set, and many ways to share data, traders can focus on what's key - making money.

The DeFi market is on the rise, fast. By 2028, it's thought there will be 22.09 million users. By 2024, it might make $26.17 billion. As the market grows, the traders who do well will be those who see wallets that pay off fast, know trade moves, and can shift with the market fast and right.

Yet, doing well in DeFi trading takes more than just top tools. It needs deep study, clear plans, and solid risk control. By mixing Wallet Finder.ai’s live data with good trading habits, traders can stay ahead of the market and grab chances in this always changing area.

Traders who get good at seeing wallet gains today are making their way to be leaders in future crypto trading.

FAQs

How can Wallet Finder.ai help my crypto trading plans?

Wallet Finder.ai pushes your crypto trading ahead with its DeFi wallet checks and trade tips. It lets you see winning wallets and deals, get the flow of the market, and make smart, data-helped choices.

By giving out live stats and past performance info, the tool cuts out the need for long, slow research. This lets you use more time to sharpen your plans and stay quick in the fast-moving crypto world.

What's the gap between gains you've made and not made, and how do they hit your taxes?

When you sell something for more than you paid, this is a realized gain and it is taxable. But, if the worth of something you own goes up but you don't sell it, that's an unrealized gain and it's not taxed yet.

You pay taxes only when gains are made real. For example, if your stocks or crypto value goes up but you keep them, you pay no taxes on these unrealized gains. Yet, when you sell, that profit shifts to taxable income as per U.S. tax rules. Keeping good records of these sales helps make sure your tax files are correct.

How do I use Wallet Finder.ai to keep an eye on my wallet's work and see how it does next to top wallets?

Using Wallet Finder.ai lets you track how your wallet is doing and see how it stands with the best. This site has tools to sort wallets by how much they make, how much they trade, and other key signs. Look back at past trends and find trading ways to see clearer market chances.

Also, Wallet Finder.ai gives live updates and full wallet looks, helping you get the info you need to make better matches and tweak your plans.