Covesting

Volatility has returned to the Cryptocurrency market in August, helping propel a new trader to the top of the all-time profits list. This month, the list itself features five total copy traders with more than 500% ROI each.Check out the full August 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.<h2 id="header-0">Total profits</h2>The Covesting team collects the data on the most profitable strategies of all time.A highly skilled strategy by the name of <a href="https://primexbt.com/covesting/strategy/20465" rel="noopener noreferrer nofollow">StoneHedge</a> shocked the Covesting world in August, reaching a mammoth 1731.94% lifetime ROI over a mere 73 days of trading.The seasoned veteran <a href="https://primexbt.com/covesting/strategy/18712" rel="noopener noreferrer nofollow">SLOWW BUT SUREE</a> maintains a steady course in second place, having reeled in 701.57% gains over 287 days for over 100 faithful followers. This consistent performer&#39;s stability continues to attract copiers.Rounding out the top gainers is the volatility virtuoso <a href="https://primexbt.com/covesting/strategy/19383" rel="noopener noreferrer nofollow">Cinnamon</a> at 679.67%, the cycle-timer <a href="https://primexbt.com/covesting/strategy/19252" rel="noopener noreferrer nofollow">HALVING EFFECT</a> at 619.85%, and the wave-rider <a href="https://primexbt.com/covesting/strategy/19215" rel="noopener noreferrer nofollow">RUNNING BITCOIN</a> at 515.81%. This talented trio has combined savvy and strategy to deliver ample returns for their disciples.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e1b8b4d2ed124a7c81be50fcd536289f.png" /><h2 id="header-1">Monthly profit</h2>The Covesting team collects the data of the most profitable strategies in August 2023 alone.August&#39;s monthly profit crown belongs to <a href="https://primexbt.com/covesting/strategy/20620" rel="noopener noreferrer nofollow">MG Trading</a> after netting an eye-watering 209.43% ROI. Hot on their heels is our lifetime leader <a href="https://primexbt.com/covesting/strategy/20465" rel="noopener noreferrer nofollow">StoneHedge</a> at 204.45%.The ambitious upstart <a href="https://primexbt.com/covesting/strategy/20412" rel="noopener noreferrer nofollow">Bitenergy2</a> captured 145.01% monthly gains by aggressively capitalizing on crypto volatility. In contrast, the slow-and-steady <a href="https://primexbt.com/covesting/strategy/19842" rel="noopener noreferrer nofollow">pc426</a> tactically compounded 76.14% gains through a patient approach.Rounding out the monthly top performers is <a href="https://primexbt.com/covesting/strategy/20415" rel="noopener noreferrer nofollow">Price action007</a>, having reaped 63.29% returns through adept chart analysis. Consistency could propel them up the monthly rankings.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c3ce769e1aa44ba39eaa5db0f91d2887.png" /><h2 id="header-2">Monthly profit among newcomers (less than 30 days)</h2>The Covesting team collects the data on the most profitable strategies created in August 2023.The clear standout was <a href="https://primexbt.com/covesting/strategy/20735" rel="noopener noreferrer nofollow">MOONINCOMING V</a>, accumulating an astonishing 311.40% profit in just 17 days of trading. This new gunslinger came out of nowhere to completely dominate the monthly newcomer charts.Close behind was the 5-day-old phenom <a href="https://primexbt.com/covesting/strategy/20789" rel="noopener noreferrer nofollow">BTC up up</a> at 220.15%, delivering veteran-like returns right off the bat. Practically overnight, this rookie strategy generated gains more established traders would envy.Coming in third was <a href="https://primexbt.com/covesting/strategy/20709" rel="noopener noreferrer nofollow">X Whaling</a> at 88.48%, who in 21 short days made a massive impact by strategically targeting crypto volatility. Also raising eyebrows was <a href="https://primexbt.com/covesting/strategy/20749" rel="noopener noreferrer nofollow">Breadmaker BTC</a>, who churned out machine-like 66.13% gains over a 14-day debut.Finally, the last among the top newbies was <a href="https://primexbt.com/covesting/strategy/20772" rel="noopener noreferrer nofollow">ETH MASTERS</a>, who got off to a blazing start by netting 60.22% in their first week of trading. This instant success story wasted no time in making a name for themselves right from the get-go.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c57e7bb7bbc94ee7bdd16145d547b116.png" /><h2 id="header-3">Maximum win ratio</h2>The Covesting team collects the data of the strategies filtered by maximum win ratio in August 2023. Traders are listed in ascending order by win ratio.A handful of traders achieved an immaculate 100% win ratio in August. <a href="https://primexbt.com/covesting/strategy/20729" rel="noopener noreferrer nofollow">Laconic</a> went 23 for 23 over 18 days, displaying flawless execution despite negative returns.Seasoned expert <a href="https://primexbt.com/covesting/strategy/17936" rel="noopener noreferrer nofollow">Phoenix Anahera</a> also hit perfection across 48 trades for nearly 30K in follower equity. <a href="https://primexbt.com/covesting/strategy/19992" rel="noopener noreferrer nofollow">Redmoon</a> notched 81 consecutive wins amidst monthly losses thanks to savvy risk management.Rounding out the elite 100% club is the rookie <a href="https://primexbt.com/covesting/strategy/20766" rel="noopener noreferrer nofollow">SalahForex2004</a> at 29 straight wins in 8 days and <a href="https://primexbt.com/covesting/strategy/20750" rel="noopener noreferrer nofollow">White Trading</a> at a perfect 25 for 25 in its first 13 days. Their disciplined approaches generate consistent wins.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f50b12c025bf4d59937b0b43e3435343.png" /><h2 id="header-4">August 2023 Covesting copy trading summary</h2>The dog days of summer are drawing to a close, but the fierce competition within the Covesting copy trading module on PrimeXBT rages on. Followers of the top-tier strategies spotlighted were able to stay profitable through August&#39;s turbulence, all while soaking up the summer sun&#39;s rays.Now another sweltering month is ahead. Will the current crop of copy trading heavyweights be able to maintain their dominance amid September&#39;s expected volatility? Or will an ambitious roster of newcomers overhaul the establishment to stake their own claim atop the leaderboards?Whether you&#39;re a seasoned trading salt or just dipping your toes into the markets, you can become part of this rapidly growing peer-to-peer community. Follow the trades of successful strategies outlined in this report to take your investing game to the next level.

Covesting August 2023 copy trading report: Five top copy traders over 500%

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Covesting

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