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Since June, a hamster named Mr. Goxx has been running an independent investment portfolio, trading cryptocurrencies from a high-tech cage named Goxx Box.His portfolio has a A wide range of
Cryptocurrencies, including TRON, Ethereum and Bitcoin.
Mr. Goxx’s trading hours are Live on Twitch
. First, the hamster runs on the “intent wheel”, it will spin and choose a cryptocurrency. Then, it goes through a “buy” tunnel or a “sell” tunnel, triggering the buying and selling of cryptocurrencies worth about 20 euros.
Mr. Goxx’s human business partner, probably the one who executed the transaction, prefers to remain anonymous, but posts the purchase order on Twitter
And Reddit.Hamster’s “office hours” and encryption updates are available on its Twitch and Reddit
In the interview Encrypted website Protos
, The people behind Mr. Goxx said that the cryptocurrency choice was not enough to pay for Mr. Goxx’s high-tech mining costs, including a table with a wooden computer monitor.
As of Saturday, the performance of hamsters has risen Over 16%
According to reports, since trading started in June Raw data
-An impressive feat for anyone, let alone rodents.Its returns are better than those of Bitcoin, S&P 500 and Warren Buffett Berkshire Hathaway (BRKB)
During the same period, Bitcoin and the S&P 500 index rose by approximately 14% and 5%, respectively. At the same time, Berkshire Hathaway B shares fell 2%. Mr. Buffett may want to invest in an intention round.
“Mr. Goxx is very happy to see some of his investment finally paid off,” Mr. Goxx’s human partner told Protos.
After an initial investment of more than 300 euros (about 390 US dollars), Mr. Goxx made a profit of 54 euros, or about 63 US dollars, on Sunday.
However, this is down from the high point in mid-September, when Raw data
It shows that the investment portfolio has risen by nearly 50%, reaching nearly 500 euros. Bitcoin is the most actively traded cryptocurrency in the world, rising only 41% during the same period.
Financial advisers tout a wide-ranging buy-and-hold investment strategy, believing that even the highly regarded asset selection portfolio manager will eventually lose out to the monkey who picks stocks by throwing darts at the board. Or, in this case, the hamster in the maze.
Even if Mr. Goxx continues to outperform the S&P 500, investing based on the random movement of hamsters is not a reasonable investment strategy. Hamster’s Twitch and Reddit accounts make it clear that these investments are for entertainment purposes only.