A hamster in Germany trading cryptocurrency has so far outpaced Bitcoin, the S&P 500, Cathie Wood, and Warren Buffett.
The livestreamed pet, AKA “Mr. Goxx,” independently trades crypto through a rigged cage configured with different options. First, the hamster runs on an “intention wheel” which selects one of roughly 30 cryptocurrencies to trade (including Ether, Cardano, Tron, and XRP). Once the crypto is selected, Mr. Goxx scurries through one of two “decision tunnels” triggering a buy or sell option.
Since the hamster began trading cryptocurrency on June 12, his portfolio has risen 24%, according to his Twitter account which tracks his every trade and daily performance.
By contrast, the S&P 500 rose roughly 4% during the same time period. Wood’s flagship ARK Innovation is up less than 5% since Mr. Goxx started trading.
Mr. Goxx has concluded his office hours for tonight with 4 order(s) placed.
Career Performance: +123.97 EUR (+38.03 %)
This content is for entertainment purposes only. Investments shown here are not financial advice.
— mrgoxx (@mrgoxx) September 15, 2021
The hamster is free to enter the “office” any time he wants, and all sessions are streamed via Twitch.
According to Protos, the hamster’s unidentified caretaker and business partner funded his portfolio with the euro equivalent of $390, with each trade set to 20 euro increments.
“There are plans to give Mr. Goxx more control and let him intentionally pick his buy amount if the interest in his channel keeps growing,” Mr. Goxx’s owner told Protos.
“Mr. Goxx is happy to see that some of his investments finally pay off.”