A hamster in Germany has been trading coins since June and is making profits that are better than the performance of Bitcoin and the S&P 500 index. The mouse is called Mr. Goxx, and works in an office called the “Goxx Box” to deliver coins in front of an audience signal and act following the live stream on its Twitch platform. Mr. Goxx has achieved an impressive current return of + 24% and even rose to + 50% ahead of the recent crypto sell-off.
Goxx’s investment performance compared to Bitcoin and other funds
In the “Goxx Box” office, the hamster performs various “exercises”, e.g. B. run in circles and then perform certain cryptocurrency transactions.
First, Mr.Goxx will run in circles to select one of around 30 cryptocurrencies to trade. After the selection, the mouse runs through one of two decision tunnels to trigger a purchase or sale of the previously selected coin.
“Goxx Box”, this hamster’s office
Goxx’s crypto portfolio includes TRX, XRP, ADA, ETH, CHZ, and dozens of other altcoins. Mr. Goxx started at $ 390 in June and has grown to $ 498 today. The mouse also uses Twitter @mrgoxx to report its portfolio movements and keep fans informed of the sales and performance of each trading session it attends.
Mr. Goxx has over 3,000 followers on Twitch, making it one of the most famous crypto-related channels on this online gaming streaming platform.
A partner of the rat owner said, “We plan to give Goxx more control and let it decide how much cryptocurrency it will buy when more people are interested in its content channel.”
Mr. Goxx has made a profit of 63.27 euros so far on September 27, 1:00 p.m. The portfolio peaked at nearly $ 580 in mid-June when returns hit nearly 50% in less than 3 months. However, since then, the recent sell-off of cryptocurrencies has affected the Rat’s investment performance.
According to Business Insider, Mr.Goxx is a testimony from the book “Random Walk on Wall Street” by Burton Malkiel. In the book, this author talks about how a blindfolded monkey throwing arrows at some stocks in the newspaper can be as effective as a human investment professional.
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