This hamster's cryptocurrency portfolio is beating the market

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A German hamster is beating investors at their own game.

Since June, a hamster named Mr. Goxx has been running an independent portfolio that trades cryptocurrency from a high-tech cage called the Goxx Box. His portfolio has a wide range of cryptocurrencies, including TRON, Ethereum and Bitcoin. Bitcoin plummets after China intensifies cryptocurrency crackdownMr. Goxx's trading sessions are livestreamed on Twitch. First, the hamster runs on an"intention wheel," which spins around and chooses a cryptocurrency.

Its returns are better than those for Bitcoin, the S&P 500 and Warren Buffett's Berkshire Hathaway .Bitcoin and the S&P 500 have climbed about 14% and 5% respectively, over the same time period. Berkshire Hathaway B shares, meanwhile, have fallen by 2%. Mr. Buffett might want to invest in an intention wheel. "Mr. Goxx is happy to see that some of his investments finally pay off," Mr. Goxx's human partner told Protos.

 

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Source: Reuters - 🏆 2. / 97 Read more »