Boredom set in across the Crypto market in May, with very little movement in Bitcoin and altcoins. Not even the approval of spot Ethereum ETFs were able to reignite interest in digital assets.
However, it is during these moments where Copy Trading shows the most promise, especially for those struggling with the lack of volatility. For example, the monthly profits list is filled with five Strategies each with over 100% ROI during May. These Strategies massively outperformed the market.
Let’s take a deeper look at the results for May 2024.
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.
Angry stacks led the way in May 2024 with an incredible all-time profit of 1692.99%, establishing itself as a top performer in the Copy Trading leaderboards. This Strategy’s impressive returns have attracted a substantial following of 158 users, who collectively have invested over $126,000 USDT. Its five-star rating and consistent performance over 291 active days highlight its exceptional reliability and potential.
SBS Covestingg shines with an outstanding all-time profit of 1455.02%, making it a highly attractive option for Followers. With a strong monthly profit of 39.51% and 132 active days, this Strategy has garnered the trust of 15 Followers, amassing a total equity of $15,785.31 USDT. Its four-star rating underscores its impressive track record and potential for growth.
Next up, Cinnamon boasts a remarkable all-time profit of 1306.82%, demonstrating its robust long-term performance. Over 500 active days, it has accumulated a loyal base of 202 Followers, with a total equity of over $111,000 USDT. The Strategy’s five-star rating reflects its consistent reliability and investor satisfaction.
BTC to 100k excels with an all-time profit of 1226.30%, showcasing its impressive returns in the Crypto market. With a substantial following of 226 users and a total equity of 4.12 BTC, this Strategy has proven its worth over 569 active days. Its five-star rating further cements its status as a top-performing Strategy.
ETH ELITE delivers a strong all-time profit of 914.90%, making it a notable contender in the Copy Trading space. With a staggering monthly profit of 864.75% and 25 active days, this newcomer has quickly made a mark. Its three-star rating and promising performance suggest a bright future ahead.
Monthly profit
We collect data on the most profitable Strategies in May 2024.
Angry stacks continues to impress with a remarkable monthly profit of 160.60%. Already featured in the all-time profits section for its incredible returns, this Strategy maintains its top-tier status with consistent high performance. With 291 active days and a five-star rating, Angry stacks has attracted 205 Followers, who have collectively invested over $126,000 USDT, underscoring its reliability and appeal.
BTC to 100k also stands out with an impressive monthly profit of 137.01%. Known for its substantial all-time profit, this Strategy has been a favourite among investors. With a five-star rating and 569 active days, BTC to 100k has amassed a following of 266 users and a total equity of 4.12 BTC, demonstrating its sustained success in the market.
In third, Copysmore showcased significant monthly growth with a profit of 130.58%. With over 157 active days, its three-star rating indicates steady performance and potential for future growth.
BobbyJay delivered a strong monthly profit of 128.18%. This Strategy has shown promising results over its 84 active days. Recent performance suggests potential for further development and a growing opportunity for potential Followers.
Finally, FutureGarden achieved a notable monthly profit of 106.65%. With 86 active days, its performance indicates a Strategy worth watching for future opportunities.
Monthly profit among newcomers (less than 30 days)
We collect data on the most profitable Strategies created in May 2024.
Among the newcomers, ETH ELITE takes the lead with an astounding monthly profit of 865.72% in just 25 active days. With an all-time profit of 914.90% and a three-star rating, ETH ELITE is quickly establishing itself as a formidable contender in the Copy Trading landscape.
The aptly named ETF also makes a strong impression with a monthly profit of 585.69%. Its performance over 25 active days and an all-time profit of 625.38% highlight its potential, while its two-star rating suggests room for growth and increased Follower interest.
BTC55 delivered its Followers an impressive monthly profit of 493.48%, marking it as a promising newcomer. With 11 active days, this Strategy has attracted 4 Followers and a total equity of 0.03 BTC. Its all-time profit of 458.06% and one-star rating indicate a solid start and potential for future development.
Appropriately in fourth place, 4SL showcases notable growth with a monthly profit of 148.22%. Over just 8 active days, this Strategy has drawn 6 Followers and amassed an equity of $1759.51 USDT. Its all-time profit of 83.54% and two-star rating reflect a strong beginning and potential for continued success.
Dogo rounds out the newcomer’s list with a monthly profit of 134.79%. Despite only 6 active days, this Strategy has attracted 3 Followers and built an equity of $375.56 USDT. With an all-time profit of 149.58%, Dogo, currently unrated, demonstrates significant promise among the newcomers.
Maximum win ratio
We collect data on Strategies filtered by maximum win ratio in May 2024. Traders are listed in ascending order by win ratio.
The Strategies with the highest win ratios demonstrate exceptional precision and reliability. Leading the pack, LaconicTrader maintains a flawless 100% win ratio across 74 orders. Despite a modest monthly profit of 13.70% and an all-time profit of -16.19%, this Strategy shows potential for future growth over its 149 active days, backed by a Followers’ equity of $42.73 USDT.
wesfin1 stands out with a perfect 100% win ratio and impressive financial returns. With a monthly profit of 56.33% and an outstanding all-time profit of 768.53%, this Strategy has attracted considerable attention. Over 231 active days, wesfin1 has built a strong following, amassing an equity of $4736.82 USDT.
Line of credit also boasts a 100% win ratio with 28 orders, complemented by a robust monthly profit of 45.64% and an all-time profit of 89.47%. In just 51 active days, this Strategy has garnered a total equity of 0.48 BTC, showcasing its potential for sustained success.
Magicoil impressed with a perfect 100% win ratio and the highest monthly profit among the top Strategies, achieving 101.18%. With an all-time profit of 103.53% over 33 active days, Magicoil has demonstrated its reliability and potential.
Last but not least, USDT winner maintained a flawless 100% win ratio over 22 orders, achieving a monthly profit of 27.09% and an all-time profit of 32.76%. Over 77 active days, this Strategy has shown consistent performance.
May 2024 PrimeXBT Copy Trading summary
With an Ethereum ETF now approved, the Crypto market could see a similar boost as it did when Bitcoin’s spot ETFs were approved. In addition, Bitcoin has been consolidating around former all-time highs, keeping hope alive and strong. Considering the strong performance from Copy Trading Strategies in May, if the Crypto market cooperates June’s performance could be even more substantial. Make sure to check back next month for June’s results and the summer months – and the competition amongst copy traders – heat up.
Risk DisclaimerRisk warning: Our products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. If you do not understand the risks involved, or if you have any questions regarding our products, you should seek independent financial and/or legal advice if necessary. Past performance of a financial product does not prejudge in any way their future performance.
