PrimeXBT January 2024 Copy Trading Report: newcomer nabs 200% ROI in debut

January kicked off the new year of 2024 with a highly volatile month in financial markets, but none more so than Cryptocurrencies. With the big spot Bitcoin ETF approval leading to a selloff, it reminded traders to expect the unexpected. However, PrimeXBT copy traders once again demonstrate the skill and experience necessary to thrive.

In a shocking debut, one newcomer was able to gain over 200% in profits. Could this trader end up in the all-time profits list in the coming months as 2024 – and the Crypto market – heats up?

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.

Total profits 

We collect the data of the most profitable strategies of all time. 

Leading the pack, Collector astounds with an unparalleled all-time profit of 2827.29%, coupled with a monthly profit surge of 66.10%. This strategy’s prowess over a mere 83 active days, supported by a robust following and a perfect five-star rating, signals a new benchmark in trading excellence.

Not far behind, AltLong presents a compelling narrative with a solid 1262.22% all-time profit. Despite a recent dip of -4.97% in monthly profit, its 430-day tenure speaks volumes about its resilience and long-term value to its followers.

StoneHedge, despite its currently modest position, tells a story of grit with an all-time profit of 1193.18%. The strategy’s challenging journey, marked by a significant -78.49% monthly profit dip, underscores the volatile nature of trading but does not eclipse its overall achievements.

BTCInvest0r and Ethlongerst round off our analysis with all-time profits of 944.80% and 893.52%, respectively. These strategies highlight the diversified nature of trading strategies, showcasing the varied avenues for trader success.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
Collector
2827.29%
66.10%
83
143957 USDT
5
5
AltLong
1262.22%
-4.97%
430
49486 USDT
14
3
StoneHedge
1193.18%
-78.49%
223
 3790 USDT
28
1
BTCInvest0r
944.80%
-1.65%
404
0.5367 BTC
61
3
Ethlongerst
893.52%
-7.38%
406
3422 USDT
17
3

Monthly profit

We collect the data of the most profitable strategies in January 2024 alone. 

This month, Bitenergy2 captured attention with a staggering 98.89% monthly profit. This surprising upturn, against a backdrop of a negative all-time profit, signals a potentially lucrative investment avenue for the daring trader.

Collector’s performance remains robust, with a monthly profit of 66.10% reinforcing its position as a powerhouse in trading. Its blend of explosive short-term gains with unmatched all-time profitability makes it a cornerstone strategy for any investor’s portfolio.

Angry Stacks, with a monthly profit of 46.11%, continues to build on its solid foundation, offering a compelling choice for those prioritising strategies that balance immediate returns with sustainable growth.

Meanwhile, Indiceplusoil and commoditytrade, despite their struggles in overall profitability, have emerged as dark horses this month, with monthly profits of 31.75% and 30.48% respectively. These strategies could represent unique opportunities for investors looking to diversify with strategies showing recent improvements or adjustments capable of capturing value in the current market dynamics.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
Bitenergy2
-33.62%
98.89%
228
0.0073 BTC
7
0
Collector
2827.29
66.10%
83
143957 USDT
38
5
Angry stacks
417.60%
46.11%
168
20428 USDT
84
5
Indiceplusoil
-81.29%
31.75%
819
0.1277 BTC
12
0
commoditytrade
-76.25%
30.48%
97
12 USDT
1
0

Monthly profit among newcomers (less than 30 days)

We collect the data on the most profitable strategies created in January 2024. 

Topping our list of trailblazers is SBS Covestingg, a dazzling newcomer that has already carved out a monumental monthly profit of 236.39% in just 9 days. This explosive entrance into the trading arena underscores a strategy not only poised for rapid growth but also showcasing an unparalleled knack for capitalising on market movements from the get-go.

Close on its heels, COVhodlers emerged as a formidable contender, boasting an impressive 196.42% monthly profit in its first 25 days. With a solid foundation and a growing base of supporters, this strategy demonstrates both resilience and a magnetic appeal to investors looking for groundbreaking opportunities.

Master Marcin, with a commendable 93.03% monthly profit over a mere 10 days, signals a promising journey ahead. This strategy’s robust performance, albeit in its infancy, suggests a keen insight into market dynamics and a potential for sustained success.

NFTflights, soared with a 69.34% monthly profit within 32 days. This strategy, though still in its early stages, hints at the innovative approaches new players are bringing to the table.

FollowBulls, rounding out our list, captures the essence of emerging talent with a 61.92% monthly profit over 32 days. Its early adoption of strategic moves in the market showcases a promising path forward for investors keen on backing new strategies with solid early performance.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
SBS Covestingg
241.65%
236.39%
9
0 USDT
0
0
COVhodlers
198.86%
196.42%
25
773 USDT
2
2
Master Marcin
94.48%
93.03%
10
0.0019 BTC
1
0
NFTflights
70.34%
69.34%
32
0 USDT
0
2
FollowBulls
67.50%
61.92%
32
0.0017 BTC
1
2

Maximum win ratio

We collect the data of the strategies filtered by maximum win ratio in January 2024. Traders are listed in ascending order by win ratio.

Among these elite strategists, wesfin1 stands out with an astonishing 100% win ratio across 131 orders, coupled with a 28.01% monthly profit. This strategy’s stunning 594.98% all-time profit over just 108 active days not only showcases an unmatched level of precision but also a profound understanding of market dynamics, making it a beacon for sophisticated investors.

Mad mad stacks, with a similarly flawless win ratio over 27 orders, elevates the benchmark with a 30.04% monthly profit. This strategy’s remarkable 341.00% all-time profit over 169 days reflects a harmonious blend of aggressive tactics and meticulous market analysis, appealing to investors with an appetite for high-octane trading strategies.

Bitwise, although newer to the scene with only 6 active days, has already demonstrated its prowess with a 100% win ratio across 103 orders. This rapid achievement, paired with a 29.88% monthly profit, suggests a strategy with both immediate impact and the potential for sustained success, resonating with investors eager for rapid gains.

Elliot Wave II and ETH long term, each boasting a 100% win ratio, highlight the diversity and potential within this elite group. Elliot Wave II’s focus on leveraging market patterns has resulted in a 213.95% all-time profit, while ETH long term’s resilience, despite a negative all-time profit, underscores the importance of strategic adaptability in volatile markets.

Strategy Name
Win Ratio
# of Orders
Monthly Profit
All-time Profit
Active Days
Followers' Equity
Bitwise
100.00%
103
29.88%
31.44%
6
0 BTC
Elliot Wave II
100.00%
23
15.22%
213.95%
159
0.2400 BTC
ETH long term
100.00%
34
27.94%
-74.33%
448
0.4500 BTC
Mad mad stacks
100.00%
27
30.04%
341.00%
169
0.7132 BTC
wesfin1
100.00%
131
28.01%
594.98%
108
5658 USDT

January 2024 PrimeXBT Copy Trading summary

After an explosive start to the year, February 2024 holds the promise of continued excitement and opportunities in PrimeXBT Copy Trading. With the Crypto market’s volatility showing no signs of slowing down, traders can expect more surprises and potential gains. Newcomers are making waves, seasoned traders are adapting, and strategies are evolving to navigate the dynamic market. 

Stay tuned for our upcoming report, where we’ll uncover the strategies and trends that define February’s trading landscape.

Risk Disclaimer
Investing in or trading gold or other metals can be risky and lead to a complete loss of capital. This guide should not be considered investment advice, and investing in gold CFDs is done at your own risk.
The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities, and similar products. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. They require a good level of financial knowledge and experience. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued.

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Risk Warning:

Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.