PrimeXBT August 2023 copy trading report: 1,700% ROI trader rises to the top

August brought with it plenty of volatility across the Crypto market after a prolonged period of sideways price action. The shake up in Cryptocurrency prices has resulted in a massive corresponding shake up in the PrimeXBT Copy Trading Leaderboards, with a new trader topping the all-time profits list.

Will this skilled trader live up to their legendary namesake? What other traders made the list? Find out this and more in the PrimeXBT August Copy Trading Report.

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 

The PrimeXBT Team collects the data on the most profitable strategies of all time. 

Blowing all competition out of the water is StoneHedge, accumulating a monumental 1731.94% in lifetime returns in just 73 days. This young talent’s meteoric rise shows no signs of slowing down.

In second place, we have the seasoned veteran SLOWW BUT SUREE, steadily amassing 701.57% over 287 days. With over 100 loyal followers, this consistent strategy is a pillar of stability.

Coming in third is Cinnamon at 679.67%, adeptly leveraging volatility to churn out reliable returns for 10 disciples. Not far behind in fourth is HALVING EFFECT, with 619.85% in total profits. By strategically timing market cycles, this method has generated juicy returns for its devoted following.

Rounding out the top five is RUNNING BITCOIN, collecting 515.81% in gains by adeptly riding Crypto’s waves and troughs. With over 16K USDT in followers’ equity, this leading strategy clearly has tapped into something special.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
StoneHedge
1731.94%
204.45%
73
325 USDT
1
2
SLOWW BUT SUREE
701.57%
-32.10%
287
15 BTC
101
4
Cinnamon
679.67%
9.12%
227
 9882 USDT
10
3
HALVING EFFECT
619.85%
-22.79%
238
2906 USDT
8
2
RUNNING BITCOIN
515.81%
-37.10%
244
16859 USDT
32
1

Monthly profit

The PrimeXBT Team collects the data of the most profitable strategies in August 2023 alone. 

The undisputed monthly profit champion is MG Trading, generating an astonishing 209.43% in returns. A close second is our all-time top trader StoneHedge, adding 204.45% in monthly gains to their total. 

In third is upstart Bitenergy2, racking up 145.01% in monthly returns. By aggressively capitalising on crypto volatility, this ambitious newcomer aims to catch up to the leaders. Quietly climbing is pc426, at 76.14% in monthly gains. With a slow and steady approach, this method incrementally compounds profits month after month.

Last but not least is Price action007, generating 63.29% in monthly returns through adept technical analysis. With continued consistency, this strategy could keep ascending the monthly profit rankings.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
MG Trading
370.33%
209.43%
53
167 USDT
3
3
StoneHedge
1731.94%
204.45%
73
325 USDT
3
2
Bitenergy2
65.46%
145.01%
78
0.012 BTC
6
4
pc426
1.94%
76.14%
176
0.117 BTC
2
5
Price action007
79.83%
63.29%
78
6994 USDT
41
5

Monthly profit among newcomers (less than 30 days)

The PrimeXBT Team collects the data on the most profitable strategies created in August 2023. 

The buzz of the month is undoubtedly MOONINCOMING V, who has amassed a staggering 311.40% in returns in a mere 17 days. This young talent has come out of nowhere to dominate the monthly profit among newcomer charts.

Chasing closely behind is BTC up up, accumulating an astounding 220.15% in gains after just 5 days in action. Practically overnight, this fledgling strategy has generated returns some veterans would envy.

In third place is newcomer X Whaling, at 88.48% in monthly profits. By harpooning Crypto volatility, this rookie has made a whale-sized impact right off the bat. Also turning heads is newcomer Breadmaker BTC, reliably churning out 66.13% in monthly gains. With machine-like consistency in its first 14 days, this method shows serious potential.

The final top performing newcomer ETH MASTERS racked up 60.22% returns in their debut week. This instant success story has hit the ground running.

Strategy Name
All-time Profit
Monthly Profit
Active Days
Followers' Equity
Followers
Stars
MOONINCOMING V
321.54%
311.40%
17
87 USDT
1
3
BTC up up
236.33%
220.15%
5
0
0
1
X Whaling
87.93%
88.48%
21
0.004 BTC
4
2
Breadmaker BTC
68.32%
66.13%
14
292 USDT
2
4
ETH Masters
63.93%
60.22%
7
0
0
1

Maximum win ratio

The PrimeXBT Team collects the data of the strategies filtered by maximum win ratio in August 2023. Traders are listed in ascending order by win ratio.

At the top of the max win ratio rankings is newcomer Laconic, achieving a flawless 100% win rate over 23 orders. Despite negative returns so far, this strategy’s perfect entry and exit execution shows immense promise.

Tied for first is veteran Phoenix Anahera, with a spotless 100% win rate across 48 trades. With nearly 30K in followers’ equity, this seasoned expert clearly knows how to profitably pick every winner.

Also hitting perfection is Redmoon, at 100% wins on 81 orders, generating steady returns for followers even amidst monthly losses. Masterful risk management allows this strategy to rarely pick wrong. 

Joining the elite 100% club is novice SalahForex2004. With a pristine win rate over 29 orders in just 8 days, this rising star’s disciplined approach delivers wins from the start. Finishing out the list is White Trading, going 25 for 25 in its first 13 days. This new strategy’s flawless entry and exit execution foreshadows a bright future.

Strategy Name
Win Ratio
# of Orders
Monthly Profit
All-time Profit
Active Days
Followers' Equity
Laconic
100.00%
23
-3.14%
-10.99%
18
0
Phoenix Anahera
100.00%
48
34.20%
-42.48%
326
28980 USDT
Redmoon
100.00%
81
-6.49%
14.55%
150
0.10 BTC
SalahForex2004
100.00%
29
9.81%
9.81%
8
0
White Trading
100.00%
25
36.29%
-29.64%
13
0

August 2023 PrimeXBT Copy Trading summary

August ended a long period of tranquility with a bang, only kickstarting the volatility that the Crypto market is likely to experience up until the end of the year. Will Bitcoin recover from this latest correction? Will altcoins continue to suffer? And more importantly, which copy traders will survive September?

Check back next month for the latest results! Click here to see last month’s performance.

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.

Other news

Risk Warning:

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