Covesting

The month of April saw setbacks in the Crypto market and in the performance of many top traders. But their long-term resilience still vastly outshines the minimal drawdowns seen in April. The monthly profit category is the highlight this month, with several traders able to close out the month with 200% ROI or higher. One monthly profit leader managed a staggering 606% ROI. Check out this month’s highlights below.Note: The Monthly Copy Trading Report is 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 data on the most profitable strategies of all time.<a href="https://primexbt.com/covesting/strategy/19383" rel="noopener noreferrer nofollow">Cinnamon</a> stands out as the undisputed leader among these top-tier Copy Trading strategies, boasting an incredible all-time profit of 1126.30%. This impressive feat showcases its ability to generate substantial returns over an extended period of 468 active days. Despite a recent monthly dip of -7.07%, Cinnamon&#39;s performance remains unrivalled, attracting a loyal base of 183 followers who have collectively entrusted over $65,000 USDT. The strategy&#39;s four-star rating further solidifies its position as a reliable and profitable choice for investors.Following closely behind is <a href="https://primexbt.com/covesting/strategy/21273" rel="noopener noreferrer nofollow">SBS Covestingg</a>, which has achieved a remarkable all-time profit of 902.78% over its 100 days of activity. Although the strategy has faced challenges in the recent month, with a -62.28% loss, its long-term performance remains impressive. SBS Covestingg has garnered the trust of 11 followers, managing a total equity of approximately $11,000 USDT. Its four-star rating underscores its potential for high returns and resilience in the face of market fluctuations.<a href="https://primexbt.com/covesting/strategy/19252" rel="noopener noreferrer nofollow">HALVING EFFECT</a> and <a href="https://primexbt.com/covesting/strategy/19215" rel="noopener noreferrer nofollow">RUNNING BITCOIN</a> have also demonstrated strong all-time profits, at 847.34% and 833.32%, respectively. Both strategies have weathered significant monthly losses (-55.54% and -50.01%), yet their long-term performance remains notable. HALVING EFFECT maintains a stable foundation with $5,009 USDT over 479 active days, while RUNNING BITCOIN has sustained the interest of 28 followers and manages over $17,000 USDT across 485 active days. Their three-star ratings suggest a credible track record in navigating the dynamic crypto market.Lastly, <a href="https://primexbt.com/covesting/strategy/18590" rel="noopener noreferrer nofollow">MOON CRYPTO</a> has recorded a commendable all-time profit of 594.62%, despite facing a steep monthly loss of -61.50%. Its three-star rating over an extensive period of 536 days indicates a solid performance amidst challenging market conditions, showcasing its ability to generate significant returns over the long term.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ea318c33e26c4dd9b9b171c0c4a60635.png" /><h2 id="header-1">Monthly profit</h2>The Covesting team collects data on the most profitable strategies in April 2024.<a href="https://primexbt.com/covesting/strategy/21378" rel="noopener noreferrer nofollow">Arham</a> has demonstrated an extraordinary surge in the short term, boasting a monthly profit of 606.76%, despite a negligible all-time loss of -0.55%. This striking growth in just 57 days of activity suggests a high potential for quick gains.<a href="https://primexbt.com/covesting/strategy/20412" rel="noopener noreferrer nofollow">Bitenergy2</a> shows a notable recovery with a monthly profit of 264.99%, even though its all-time profit stands at a steep -87.23%. This strategy has persisted through 319 days, indicating resilience and a potential turnaround that could interest risk-tolerant investors.<a href="https://primexbt.com/covesting/strategy/21444" rel="noopener noreferrer nofollow">SOL Short</a> has rapidly gained attention with a robust monthly profit of 245.11%, compared to its moderate all-time profit of 69.63%. Operating for just 44 days, this strategy has managed to earn a two-star rating, suggesting there is confidence in its recent performance.<a href="https://primexbt.com/covesting/strategy/21440" rel="noopener noreferrer nofollow">ETH Sell</a> closely follows, delivering a substantial monthly profit of 216.00%, aligned with a solid all-time gain of 64.17%. Like SOL Short, this strategy has been active for 44 days, yet it has secured a two-star rating, indicating recognition of its potential.Lastly, <a href="https://primexbt.com/covesting/strategy/21449" rel="noopener noreferrer nofollow">MEMECOINS Short</a> presents a compelling case with a monthly profit of 180.57% and a relatively modest all-time profit of 32.20%. With 43 days of activity, it also holds a two-star rating, suggesting that while it&#39;s early in its deployment, there might be emerging confidence among observers.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4e23b24546ae4e7a85b6d7a37c2c6a24.png" /><h2 id="header-2">Monthly profit among newcomers (less than 30 days)</h2>The Covesting team collects data on the most profitable strategies created in April 2024.When it comes to monthly profits among newcomers in the Copy Trading scene, <a href="https://primexbt.com/covesting/strategy/21550" rel="noopener noreferrer nofollow">SHX</a> has made an explosive entrance. With an astounding 819.41% monthly profit and an impressive 140.19% all-time profit, SHX has quickly established itself as a force to be reckoned with. In just 23 active days, this strategy has attracted 12 followers and manages a substantial equity of $1,738.49 USDT.Another newcomer, <a href="https://primexbt.com/covesting/strategy/21596" rel="noopener noreferrer nofollow">ETHEREUM TRUST</a>, has also made a strong debut with a monthly profit of 154.79% and an all-time profit of 153.20%. Despite being active for only 17 days, this strategy has already earned a three-star rating. ETHEREUM TRUST&#39;s focus on the popular cryptocurrency Ethereum may appeal to investors seeking exposure to this market segment.<a href="https://primexbt.com/covesting/strategy/21614" rel="noopener noreferrer nofollow">ALL IN ETHER</a>, as its name suggests, is another Ethereum-focused strategy that has burst onto the scene with a monthly and all-time profit of 105.86%. Its two-star rating and 15 active days indicate that it has the potential to attract investors looking for high returns in the Ethereum market.<a href="https://primexbt.com/covesting/strategy/21567" rel="noopener noreferrer nofollow">ByeTheDip</a> and <a href="https://primexbt.com/covesting/strategy/21616" rel="noopener noreferrer nofollow">ETH BULLL</a> are two more newcomers that have posted impressive monthly profits of 62.61% and 54.46%, respectively. Both strategies have been active for less than three weeks and have earned two-star ratings, suggesting that they have adapted quickly to current market conditions.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/63a9b446c5fd4c30bb9a7fa9fc090677.png" /><h2 id="header-3">Maximum win ratio</h2>The Covesting team collects data on strategies filtered by maximum win ratio in April 2024. Traders are listed in ascending order by win ratio.Among the top performers in the max win ratio category, <a href="https://primexbt.com/covesting/strategy/18588" rel="noopener noreferrer nofollow">BTC to 100k</a> boasts the longest track record, with 537 active days and an all-time profit of 164.74%. Despite a recent monthly loss of -49.15%, the strategy has attracted a significant followers&#39; equity of 1.872 BTC, indicating strong investor confidence in its long-term potential.<a href="https://primexbt.com/covesting/strategy/21569" rel="noopener noreferrer nofollow">Line of credit</a>, despite being a relatively new strategy with only 19 active days, has achieved a 100% win ratio and a monthly profit of 27.47%. Its all-time profit of 35.96% and followers&#39; equity of 0.0278 BTC indicate that it has quickly gained traction among investors seeking consistent performance.<a href="https://primexbt.com/covesting/strategy/21430" rel="noopener noreferrer nofollow">USDT winner</a> is another standout strategy, maintaining a perfect record over 44 orders. Although it has experienced a slight monthly loss of -5.59%, its all-time profit of 5.90% suggests that it has the potential to deliver positive returns over time.<a href="https://primexbt.com/covesting/strategy/20913" rel="noopener noreferrer nofollow">wesfin1</a> rounds out the group of strategies with a 100% win ratio, with over 199 active days and an all-time profit of 475.85%. Although it has experienced a monthly loss of -26.01%, wesfin1 manages an impressive followers&#39; equity of 3047.86 USDT, suggesting that investors remain confident in its ability to deliver strong returns.While <a href="https://primexbt.com/covesting/strategy/21495" rel="noopener noreferrer nofollow">ETHdevelopment</a> narrowly misses out on a perfect win ratio, its 96.55% success rate over 58 orders is still highly impressive. Despite facing monthly and all-time losses, the strategy&#39;s high win ratio may attract investors who prioritise consistency over short-term gains.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8beba75f74744025855b998ad9a21fdf.png" /><h2 id="header-4">April 2024 Covesting Copy Trading summary</h2>The Bitcoin halving came and went, leaving the Crypto market in the red after a jarring selloff. This downside price action might have caught some Covesting traders off guard. The month of May will set the record straight and allow these traders to recover. Traders that were able to capitalise on the volatility have an opportunity to add to their record performance. What will the month of May ultimately bring to the Covesting leaderboards?

Covesting April 2024 Copy Trading Report: 4 elite traders boast over 200% monthly ROI

Table of Contents

Covesting

Other articles published on May 10, 2024

Solana Surpasses Ethereum in Decentralized Exchange Volume

Bitcoin Price Trends and Market Analysis

A sluggish crypto market: Exchange volumes in free fall

Crypto insider turns $600 into $2.5 million of unrealized profits

Altcoins will bottom in early summer before bull run — Analyst

Jupiter Mobile App Set for Release in May or June

Join our free newsletter for daily crypto updates!