8 min readApril was a tough month in the Cryptocurrency market, reversing much of the gains from the previous month. Market conditions were brutal enough to leave some of the best copy traders with monthly losses. However, one newcomer was able to post 819% ROI in their first month on the leaderboards. Keep reading to find out who the rising star is.
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.
Total profits
We collect data on the most profitable strategies of all time.
Cinnamon stands out with an astounding all-time profit of 1126.30%, positioning it as a leader in financial returns within top tier Copy Trading strategies. Despite a recent monthly dip of -7.07%, its long-term performance remains remarkable, maintaining a solid base of 183 followers who have collectively entrusted over $65,000 USDT. Its four-star rating attests to its consistent reliability and investor satisfaction over 468 active days.
SBS Covestingg, despite a challenging recent monthly performance with a -62.28% loss, has managed an impressive all-time profit of 902.78%. This strategy has attracted a modest group of 11 followers and a total equity of about $11,000 USDT. Its resilience and high-profit potential are evident, reflected in its four-star rating, over its 100 days of activity.
HALVING EFFECT showcases its robustness with an all-time profit of 847.34%. Though it faced significant recent setbacks (-55.54% monthly profit), it maintains a stable foundation with $5,009 USDT. Its two-star rating might hint at greater volatility, yet its performance over 479 active days speaks to its enduring appeal.
RUNNING BITCOIN has secured a strong position with an all-time profit of 833.32%. Despite experiencing a considerable monthly loss of -50.01%, it has sustained the interest of 28 followers and manages over $17,000 USDT. Its three-star rating and 485 active days demonstrate a credible track record in navigating the fluctuating crypto market.
Finally, MOON CRYPTO has recorded a significant all-time profit of 594.62%, enduring 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.
Monthly profit
We collect data on the most profitable strategies in April 2024.
Arham 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.
Bitenergy2 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.
SOL Short 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.
ETH Sell 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, MEMECOINS Short 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’s early in its deployment, there might be emerging confidence among observers.
Monthly profit among newcomers (less than 30 days)
We collect data on the most profitable strategies created in April 2024.
SHX has emerged as a standout performer among the new entrants with a staggering monthly profit of 819.41%, despite only being active for 23 days. Its impressive early performance is further supported by $1,738.49 USDT in followers’ equity and 12 followers, indicating a strong initial trust in its potential.
ETHEREUM TRUST also marks a strong entry in the Copy Trading landscape, recording a monthly profit of 154.79% after only 17 days active. Its three-star rating, despite being a newcomer, suggests a promising start and potential reliability in its approach to trading Ethereum.
ALL IN ETHER reflects a perfectly aligned monthly and all-time profit of 105.86%, indicating a robust start since its inception 15 days ago. Its two-star rating could draw attention as it builds its market presence.
ByeTheDip presents a moderate monthly profit of 62.61% over 20 days of trading. The strategy also carries a two-star rating, suggesting potential that could attract investor interest as it further proves its merit.
Lastly, ETH BULLL shows a positive trajectory with a monthly profit of 54.46% within its first 14 days. Like some of its peers, its two-star rating indicates that it might be one to watch as it continues to develop its strategy and performance.
Maximum win ratio
We collect data on strategies filtered by maximum win ratio in April 2024. Traders are listed in ascending order by win ratio.
Kicking off the list, BTC to 100k has achieved a perfect win ratio of 100% across 21 orders, a testament to its flawless operational accuracy. However, despite this impeccable record, the strategy has encountered a monthly loss of -49.15%, contrasting with its considerable all-time profit of 164.74%. Active for 537 days, it manages 1.872 BTC in followers’ equity, indicating sustained trust and investment despite recent setbacks.
Line of credit also boasts a 100% win ratio, with 22 successful trades. This strategy combines a solid monthly profit of 27.47% with a moderate all-time profit of 35.96%. Being relatively new with only 19 active days, it has a small amount of 0.0278 BTC in followers’ equity, showcasing early potential for growth and profitability.
USDT winner maintains a 100% win ratio from 44 orders, demonstrating consistent trading success. Despite this, it shows a slight monthly loss of -5.59% and a minimal all-time profit of 5.90%.
wesfin1 mirrors the 100% win ratio trend with 58 orders, underlining its strategic precision. It faces a monthly loss of -26.01% but boasts an impressive all-time profit of 475.85%, suggesting significant past successes. With 3047.86 USDT in followers’ equity over 199 active days, this strategy shows robust engagement and enduring trust among its followers.
Lastly, ETHdevelopment exhibits a slightly lower yet impressive win ratio of 96.55% across 58 orders. This strategy has experienced a monthly loss of -22.44% and a negative all-time profit of -20.94%, indicating challenges despite high win accuracy.
April 2023 PrimeXBT Copy Trading summary
With the uptrend in Crypto now in jeopardy, the month of May is extremely important for both the market and Copy Trading performance. Can the top traders overcome the volatility and add to outstanding all-time profits once again via strong monthly performance? Stay tuned to the PrimeXBT blog to find out.
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