Current:Home > BackA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500-LoTradeCoin
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View Date:2024-12-24 04:01:44
What if we told you there was a hamster who has been trading cryptocurrencies since June — and recently was doing better than Warren Buffett and the S&P 500?
Meet Mr. Goxx, a hamster who works out of what is possibly the most high-tech hamster cage in existence.
It's designed so that when Mr. Goxx runs on the hamster wheel, he can select among dozens of cryptocurrencies. Then, deciding between two tunnels, he chooses whether to buy or sell. According to the Twitch account for the hamster, his decision is sent over to a real trading platform — and yes, real money is involved.
Look, we're not telling you to follow in this hamster's financial decisions or that this process is scientific in any way. The human behind this hamster's account and money has not been made public.
But what we can tell you is his portfolio is up nearly 20% since he started trading in June, according to his Twitter account. And as of Sept. 12, Mr. Goxx was performing better than Bitcoin, the Nasdaq 100, Warren Buffett's Berkshire Hathaway and the S&P 500.
While Mr. Goxx's methodology is random at best, it does remind us that where people get their financial advice from is certainly changing.
We've seen people getting tips from TikTok and from two kids in Baltimore.
And in recent years, there's been more stock-picking on Wall Street from bots. NPR's Planet Money even built its own in 2017 that invested money based off President Donald Trump's tweets.
veryGood! (4)
Related
- 'SNL' stars jokingly declare support for Trump, Dana Carvey plays Elon Musk
- Retired DT Aaron Donald still has presence on Rams, but team will 'miss him' in 2024
- Pivotal August jobs report could ease recession worries. Or fuel them.
- NFL Week 1 picks straight up and against spread: Will Jets or 49ers win on Monday night?
- Republican Rep. Juan Ciscomani wins reelection to Arizona US House seat
- First court appearance set for Georgia teen accused of killing 4 at his high school
- Louisiana legislators grill New Orleans DA for releasing people convicted of violent crimes
- Group Therapy Sessions Proliferate for People Afflicted With ‘Eco-Distress’
- Ben Foster files to divorce Laura Prepon after 6 years, according to reports
- NBA legend Charles Barkley promises $1M donation to New Orleans school
Ranking
- RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
- No charges for Nebraska officer who killed a man while serving a no-knock warrant
- Noah Centineo reveals when he lost his virginity. There's no right age, experts say.
- Gary Oldman talks 'Slow Horses' Season 4 and how he chooses roles 'by just saying no'
- Why Outer Banks Fans Think Costars Rudy Pankow and Madison Bailey Used Stunt Doubles Amid Rumored Rift
- The New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud
- Alex Morgan leaves soccer a legend because she used her influence for the greater good
- Commanders fire VP of content over offensive comments revealed in videos
Recommendation
-
3 Iraqis tortured at Abu Ghraib win $42M judgement against defense contractor
-
Before Hunter Biden’s guilty plea, he wanted to enter an Alford plea. What is it?
-
See Taylor Swift Return to Her WAG Era With Travis Kelce’s Parents at Kansas City Chiefs NFL Game
-
A look at the winding legal saga of Hunter Biden that ended in an unexpected guilty plea
-
Wicked Director Jon M. Chu Reveals Name of Baby Daughter After Missing Film's LA Premiere for Her Birth
-
Linkin Park reunite 7 years after Chester Bennington’s death, with new music
-
'Great' dad. 'Caring' brother. Families mourn Georgia high school shooting victims.
-
Massachusetts driver who repeatedly hit an Asian American man gets 18 months in prison