Covesting Module Month In Review: November 2021
November 18 2021 - 12:32PM
NEWSBTC
The month of November has been a volatile one, leading to new highs
in both Bitcoin and top cryptocurrencies, as well as the stock
market, but then almost immediately a shakeout. Now, the market is
confused as to where things might turn next. Regardless of the
direction, Covesting copy traders enjoyed another successful month
in November. With the proper tools to take full advantage of the
recent volatility, while most of the market suffered losses,
Covesting strategy managers instead were able to pull in a few
thousand percent in gains. At the same time, their followers made a
share of that good fortune. Here is a closer look at the
fully transparent Covesting global leaderboards, the current
standings, and a spotlight on the top five traders of the month.
Recapping The Reasons Why Covesting Matters To recap, the Covesting
copy trading module is a massive peer-to-peer trading community
with pages full of hundreds of strategy managers who have their
trading performance tracked for the world to see. Followers can
pick from the always growing list who to follow based on what the
metrics in the leaderboards are saying. There is also a five-star
rating system that puts an extra spotlight on safety and skills,
but as the top of the list has shown now and in the past, you can
still rise to the top of the ranks of total profits without any
stars at all. Top Five Strategy Manager Spotlight The current
standings in the top five are led by a trader with more than 3,500%
profits. The strategy manager by the name of Natilos currently is
the reigning champion of the Covesting leaderboards, with an almost
2,200% lead over the next best contender, Kuiper. Both traders have
been active around two months total, but already have so much
profit to show for it. BeastBTC has activated beast mode, with a
1,100% total profit and a third-place ranking. 7goners, who has
bounced around the top five over recent weeks, holds on with just
under 1,000% total profits. Rounding out the top five is Winning
Traders, which is what the strategy manager’s followers could be
referred to as, as well, having over 900% profits to roar about.
Top Ranked Trader Speculated To Have Shorted Bitcoin Diving deeper
into the top strategy manager’s performance, we can see that most
of the returns have been made over the last 30 days or so. The
performance really kicked into high gear around the second week
into November, which suggests that the trader might have gone short
on Bitcoin at the recent all-time highs. Strategy managers
don’t just have a keen eye for spotting reversals, but they have
years of experience and the advanced trading tools offered by
PrimeXBT at their disposal. Covesting copy trading is available
exclusively at PrimeXBT, an award-winning margin trading platform.
The platform offers everything from long and short positions, to
built-in charting tools, and more than 50 different trading
instruments all from a single account. How Will The Year End For
Covesting Copy Traders? With the month of November about to close
out, all eyes will be on December to see which Covesting trader is
able to make the most money to close out the year. The Covesting
yearly review will be one to remember, because the year recap will
include stories of a Covesting trader who was able to make as much
as 100,000% in total profits before booking their profits and
retiring as a legend. The Covesting copy trading module has since
earned itself a reputation for minting a new generation of iconic
traders. Anyone can become a strategy manager with a low starting
deposit – do you have what it takes to be the next Covesting copy
trader in the top five?
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