Current:Home > MyA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -NextGen Capital Academy
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-13 10:16:12
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! (84664)
Related
- Don't let hackers fool you with a 'scam
- Phoenix has set another heat record by hitting 110 degrees on 54 days this year
- Group of 20 countries agree to increase clean energy but reach no deal on phasing out fossil fuels
- Stassi Schroeder Gives Birth, Welcomes Baby No. 2 With Beau Clark
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Travis Barker Returns to Blink-182 Tour After Pregnant Kourtney Kardashian's Emergency Surgery
- The world is still falling short on limiting climate change, according to U.N. report
- A man convicted of murder in Massachusetts in 1993 is getting a new trial due to DNA evidence
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Violence flares in India’s northeastern state with a history of ethnic clashes and at least 2 died
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- American teen Coco Gauff wins US Open women's final for first Grand Slam title
- Google policy requires clear disclosure of AI in election ads
- The Golden Bachelor: Everything You Need to Know
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Two men questioned in Lebanon at Turkey’s request over 2019 escape of former Nissan tycoon Ghosn
- Pelosi announces she'll run for another term in Congress as Democrats seek to retake House
- The US Supreme Court took away abortion rights. Mexico's high court just did the opposite.
Recommendation
South Korean president's party divided over defiant martial law speech
Greek ferry crews call a strike over work conditions after the death of a passenger pushed overboard
Ashton Kutcher and Mila Kunis apologize for ‘pain’ their letters on behalf of Danny Masterson caused
From leaf crisps to pudding, India’s ‘super food’ millet finds its way onto the G20 dinner menu
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Terrorism suspect who escaped from London prison is captured while riding a bike
Children in remote Alaska aim for carnival prizes, show off their winnings and launch fireworks
Greece hopes for investment boost after key credit rating upgrade