Crypto-trading hamster walks past Bitcoin, S&P 500 and Warren Buffett

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German hamster Mr. Goxx is circling around the cryptocurrency competition.

The rodent started with the euro equivalent of $ 390 on June 12 in its exchange account, which was opened by its anonymous owner. Three months later, the hamster managed to increase its overall asset portfolio to $ 498. The increase gives Mr Goxx a lead of almost 30%, outperforming Bitcoin, the S&P 500 and even Warren Buffetts’ Berkshire Hathaway company, according to Protos.

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Mr Goxx is happy to see that some of his investments are finally paying off, the hamster owner told the store.

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Mr. Goxx conducts his crypto-trading sessions from a high-tech cage in Germany, where his owner streams the hamster live on Twitch. The hamster runs on an “intention wheel” on which it selects one of about 30 cryptocurrencies, then goes through one of the two decision tunnels. Its buy tunnel buys 20 euros ($ 23.60) of the selected crypto, while the sell tunnel liquidates the entire position, the outlet reported.

The hamster has seen some success over the past month. In July, the hamster bought $ 23.79 of Dogecoin and sold it for $ 34.80 on Thursday, making a profit of 46%. Other times, Mr. Goxx will buy a cryptocurrency and then sell it immediately, dropping pennies in the process, per point of sale.

Hamster’s Twitch, Reddit, and Twitter accounts insist that investments are for entertainment purposes only and should in no way be taken as serious investment advice.

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The owner also announced a new set of Mr. Goxx-based collectible cards on Monday that can now be purchased, joking that the cards could become valuable one day.

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Tags: News, Germany, Animals, Cryptocurrency, Bitcoin

Original author: Asher Notheis

Original location: Crypto-trading hamster walks past Bitcoin, S&P 500, and Warren Buffett

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