The Covesting community had its most competitive first quarter in a year yet, with the month of March bringing volatility across global markets. Many top cryptocurrencies continued a recovery started earlier in the year, while stock indices and precious metals strengthened amid a weakening dollar narrative.
The sudden volatility across the crypto market and elsewhere has given Covesting strategy managers many ways to profit and prove their risk management tactics to be effective. The result is a huge shakeup in the Covesting leaderboards, with newcomers eyeing the throne of a legendary trader who has achieved 5,100% ROI.
Check out the full March 2023 Covesting copy trading report below!
Note: The Monthly Trader Report is only a statistical display of data and should NOT be considered investment advice. Please exercise caution, and do not trade beyond your limits when deciding how much risk to take on.
The Covesting team collects the data on the most profitable strategies of all time.
Citadel Two is once again on top, defending their throne with a staggering 5194.87% since its inception. This strategy has been active for 267 days and has managed to accumulate 92 followers who have invested a total of 1.15 BTC. The strategy has earned 28.97% in monthly profits, and has received a rating of 4 stars, indicating that it has performed well over time.
SLOWW BUT SUREE strategy has been active for 103 days and has managed to gain 1082.11% in all-time profit, with 25.87% monthly profit. This strategy has shown consistent profitability over the past few months.
HALVING EFFECT has an impressive all-time profit gain of 790.5%, with a monthly profit of 162.48%. The strategy has been active for 85 days and has a total equity of 7924 USDT. With such a strong all-time performance, it may only be a matter of time before this strategy gains more traction among the community.
In fourth,
RUNNING BITCOIN now boasts an all-time profit of 788.20% and monthly profit of 90.35%. Finally,
Ethlongerst strategy has been active for 134 days, and has generated an all-time profit of 694.94%, with a monthly profit of 46.70%. It currently has 18 followers and a total equity of 16.66 ETH. This strategy has shown consistent profitability over time and has a relatively large following compared to other strategies on the platform.
The Covesting team collects the data of the most profitable strategies in March 2023 alone.
HALVING EFFECT has continued its impressive run, with a monthly ROI of 162.51%. This strategy has been consistently profitable and has now generated a remarkable all-time profit of 837.84%.
Another strategy with substantial growth this month is
Precious, which had a monthly profit of 131.42%. While it has a lower all-time profit compared to our top trader, it has still managed to earn a respectable 68.80% ROI.
CVC Member has also performed well with a monthly profit of 125.49%, bringing its all-time profit to 205.89%.
Meanwhile,
RUNNING BITCOIN continues to be profitable, with an all-time profit of 788.20%. The strategy had a strong month, adding 90.37% ROI in March. Lastly,
HannibalRekter has shown considerable growth this month with a monthly profit of 90.43% and a 104.07% all-time ROI in just 127 days active.
The Covesting team collects the data on the most profitable strategies created in March 2023.
One standout newcomer in the report is
SundanceETH, which has delivered a monthly profit of 464.1%in March. With 21 active days and 7 followers, this strategy has already become an attractive option for investors looking to benefit from the cryptocurrency market. Another strategy that has been performing well is
SundanceBITCOIN, with a monthly profit of 235.07%.
Wotan Trading, despite only having 5 active days, has generated an all-time profit of 184.64%.
Marcino is another strategy that has performed well in the latest report. Despite having only 13 active days, it has managed to generate an all-time profit of 106.37%.
For those looking for a high risk/high reward option,
SCALPERMEN could be the right choice. With an all-time profit of 81.26% and only 28 active days, this strategy is one to watch.
The Covesting team collects the data of the strategies filtered by maximum win ratio in March 2023. Traders are listed in ascending order by win ratio.
A hallmark of a talented and skilled trader is a high win ratio. A perfect win ratio is rare, yet once again the Covesting community has produced five elite traders with the achievement. Among the top performers,
DIPBUYER stands out with a perfect 100% win ratio over 30 orders. This remarkable feat has earned the strategy a reputation as one of the most reliable and profitable options on the market.
Another top performer with a perfect win ratio is
ETHGRIDSTOP. With 39 orders executed, this strategy has proven its ability to navigate the volatile crypto markets with great success. Its monthly profit of 5.32% and all-time ROI of 40.75% are impressive results, further indicating the strategy's effectiveness in generating profits over the long term.
One strategy that has been highly successful in a short period of time is
Lion King, which boasts a 100% win ratio over 11 orders. While this strategy has only been active for nine days, its ability to generate a profit with every trade is remarkable. As the strategy continues to perform well, it may attract an even larger following of traders eager to take advantage of its consistent profitability.
The highly regarded
RUNNING BITCOIN strategy has a perfect win ratio over 18 orders, with a monthly ROI of 90.35% and an all-time profit of 812.01%. Lastly,
UNKNOWN is another strategy that boasts a 100% win ratio over 11 orders, with a monthly profit of 28.78% and an all-time profit of 684.75%.
The latest monthly report for the Covesting module on PrimeXBT has revealed impressive results for several trading strategies. Investors who follow these strategy managers can benefit from the high levels of proven profitability of these strategies, as well as the experience and expertise of the traders behind them.
The Covesting copy trading community continues to serve as home to some of the most competitive and skilled traders globally. Combined with the transparency of the Covesting leaderboards and a spotlight on copy traders through monthly reports and more, followers can make informed decisions about who to follow, and how to generate the most reliable returns.
Check back next month for the shocking results!
Click here to see last month’s performance.
