---
title: 'Why Smart Money Doesn''t Work on Altcoins'
source: 'https://youtube.com/watch?v=uULf1XPSH5M'
video_id: 'uULf1XPSH5M'
date: 2026-07-23
duration_sec: 64
channel: 'Дмитрий Щукин | Crypto Trading'
---

# Why Smart Money Doesn't Work on Altcoins

> Source: [Why Smart Money Doesn't Work on Altcoins](https://youtube.com/watch?v=uULf1XPSH5M)

## Summary

The video argues that the concept of 'smart money' — typically referring to central banks and major financial institutions — does not apply to altcoin trading. The speaker contends that altcoins are low-liquidity, pump-and-dump markets, making them irrelevant to large capital, and that applying traditional forex smart money concepts to crypto is misguided.

### Key Points

- **No Smart Money in Altcoins** [00:02] — The speaker asserts that there is no smart money in the altcoins most traders deal with, as they are low-liquidity markets uninteresting to large capital.
- **Altcoin Market Characteristics** [00:16] — Altcoins are described as pump-and-dump markets where coins can shoot up 50% in an hour and then fall by the same percentage, lacking structure breakdowns.
- **Who Smart Money Really Is** [00:30] — Smart money refers to central banks and the interbank sector, including Deutsche Bank, Citi Group, Bank of America, and Goldman Sachs, who manage trillions of dollars.
- **Crypto is Insignificant to Big Players** [00:46] — The speaker claims that large financial institutions do not care about crypto assets with low liquidity (millions), considering them dust.
- **Applying Forex Concepts to Crypto is Ridiculous** [01:00] — Applying central bank currency trading concepts to crypto is described as ridiculous, given the vast difference in scale and liquidity.

### Conclusion

The video concludes that smart money concepts from traditional forex markets are irrelevant to altcoin trading due to the vast difference in liquidity and market structure.

## Transcript

those who will start to prove from the top that this is not so.  But let's face it .  There is no smart money in the altcoins that most of us trade .  Altcoins are a low-liquidity market, meaning they are completely
uninteresting to large capital in the pump-and-dump market.  Here, coins shoot up by 50% in an hour, and then fall by the same percentage the next.  What structure breakdowns, etc. are there?  Do you know who cartononey or smart money is?
For real, not what they told you on YouTube .  These are central banks and the entire interbank sector.  These are Deutsche BH, CG Group, Bank of America, Hohmann Sachs - these are the guys who manage and own all the money and finances in the world.  I'm
talking about trillions, trillions of dollars.  They don't care about our crypto-toothbrushes with liquidity of several million.  It's dust, it's nothing to them.  Therefore, applying the concept of central bank currency trading to crypto
the concept of central bank currency trading to crypto is simply ridiculous, to say the least.