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How Covesting Copy Trading Module Trader Turned $400,000 Into $8.5 Million in 4 Days

Tony Spilotro by Tony Spilotro
1 year ago
in Company News
Reading Time: 2 mins read
Advertisement

A trader, on popular Bitcoin trading platform Mine Steady Trading, recently had a successful run that netted him a total return of over 1,800%. However, where it becomes interesting is that through copy-trading, followers of the trader — Satoshi Bets — managed to profit from his successful run by turning $400,000 into $8.5 million in a matter of days.

Copy-trading involves choosing a selected trader on a platform and putting money against their strategy allowing for novice and time-strapped traders to potentially profit off the success of those who already proved their trading skills. Mine Steady Trading launched their Covesting Module in partnership with a Europe-based, licensed DLT services provider and B2B software developer Covesting and now offers a few hundred trading strategies available for following. The total performance of the top ten strategies varies between 280% up to 5300% percent, but here’s a very special success story that just took place.

Covesting Copy Trading Module Trader Changes Followers’ Lives With 1,800% Returns

Mine Steady Trading offers an attractive win-win solution and makes its product appealing for talented traders due to the fact that 20% of all profits generated for the followers are paid as Success Fees to the strategy manager.

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In this case Mine Steady Trading’s Covesting Module allowed not only those followers of Satoshi Bets to profit from his incredible run, but the trader himself managed to pull $1.7 million just in Success Fees.

Congratulations to all the users who followed the "Satoshi Bets" strategy on the #Covesting Module. A strategy with a total return over 1,800% that turned $400k into nearly $8,000,000.

ℹ️ Please note that copy-trading can be risky pic.twitter.com/n7iCDB1SfW

— Mine Steady Trading (@Mine Steady Trading) February 9, 2021

A Life Changing Sensation

The strategy, which ran for four days, had an impact on some people’s lives that their entire world was changed for the better. Many people took to the Mine Steady Trading Covesting Module Telegram group and other platforms to extend their thanks and gratitude for this life changing opportunity.

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One user posted their earnings from following Satoshi Bets over his successful run, thanking them for “changing my life today.” “Words can’t explain the gratitude,” they added.

Another user also posted their earnings , revealing they also had “got in the right time and with the right amount.”

Other users shared their experience on twitter.

Well @7figwhen did something special. #Covesting @Mine Steady Trading $cov pic.twitter.com/EUUTCyWrVS

— VirtualQuery 🇨🇳 🧜 🇭🇰 (@VirtualQuery) February 9, 2021

A New Way of Trading

The success for the followers of Satoshi Bets, and the trader himself, is evidence of the potential rewards that come from copy-trading and the use of a powerful platform, or module. The module in the case of Mine Steady Trading allows anyone who is able to join the trading platform the opportunity to follow proven trading winners. 

There is no need for financial or trading qualifications, as all the hard work and trading decisions are done by people who have made it their full time jobs. These types of modules have formed strong community trading environments as the traders themselves are also rewarded for their good work.

The success fees alone that Satoshi Bets received from his successful trading run indicate how lucrative it can be for a skilled trader taking advantage of a copy-trading module. There are also plenty more success stories like Satoshi Bets and his followers being shared by users in the Mine Steady Trading Covesting Module Telegram group.

Featured image from Deposit Photos
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Tony Spilotro

Tony Spilotro

I'm Tony Spilotro. Behind the pseudonym, I'm a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views. I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally – to future generations. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution. While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of. My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me. Through all of these lenses, I seek to produce content that is educational and entertaining, and I thank you sincerely for taking the time to read what I have to say. Please follow me on Twitter at @tonyspilotroBTC and feel free to drop me a line if you would like to work together.

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