Hamster crypto trader beats Bitcoin (BTC) and humans

Mon 27 Sep 2021 ▪ 14h29 ▪ 4 min de lecture - par Hugh Renolds

Crypto traders continue to amaze the world with various ways to trade. One hamster owner built a special cage for his pet, bearing the name Mr Goxx, equipping it with optical sensors. The invention allows the rodent bearing the name Mr Goxx to ‘trade’ digital assets. During his small trading career, the hamster has bought ten types of cryptocurrency, including Bitcoin (BTC) and Ethereum (ETH).

Enter Goxx Box

In June 2021, the owner of Mr Goxx built a special cage with sensors connected to the Arduino Nano. Inside, the hamster chooses a specific cryptocurrency and trades it, meanwhile broadcasting it live on Twitch and posting updates on Twitter and Reddit.

The cell is equipped with a “wheel of intentions”, which Mr Goxx runs along before choosing a cryptocurrency out of the thirty available options. The cell also includes two decision-making tunnels – one for buying, and one for selling.

Mr Goxx’s growing profits

In less than three months, the hamster’s portfolio has grown by 29% – from $390 to $498 (~£248 – £363).

Last week, before the fall of Bitcoin, Mr Goxx’s assets added up to $580 (~£423).

In pure percentage terms, the profitability of his trades surpassed that of Warren Buffett’s Berkshire Hathaway fund. The rodent managed to outperform not only Berkshire Hathaway and ARK Innovation but also the S&P 500 (+6% over the same period) and NASDAQ 100 (+12%), as well as Bitcoin itself (+23%).

Now, the largest asset in his portfolio is the TRON token (TRX) – Mr Goxx has bought it five times, and since the first transaction, its price has increased by 40%.

Mr Goxx’s biggest deals include:

  • Chiliz (CHZ): $23.60 worth bought, sold for $36.44 (+54%)
  • Pantos (PAN): $23,570 worth bought, sold for $35.33 (+50%)
  • Dogecoin (DOGE): $23.79 worth bought, sold for $34.8 (+46%)

What does the owner have to say?

The owner of Mr Goxx notes that the hamster’s profit is not yet enough to pay for his cage. “Since he is a noble business rodent, he must calculate income after deducting about 35% of taxes, so there is still a lot of work to be done before he can claim to make money,” says the hamster’s “business partner”.

However, the owner also stressed that Mr Goxx does not experience any inconvenience and lives a “normal hamster life.” The owner warned that he created the project for fun and users should not invest money based on the “predictions” of the animal.

What’s curious is that Mr Goxx is not the first case of successful animal investment. In 2008, the editorial board of “Finance” offered the monkey Lukerye to make an investment portfolio. She chose stocks at random, and in nine years, their value increased 7.5 times, whereas the portfolios of professional investors did 5.1 times. That’s some serious food for thought for all you fellow investors out there.

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Hugh Renolds

I believe in the bright future of crypto. I have been investing since 2017 and look to share my experience in, and thoughts on, crypto and the blockchain.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.