Current:Home > MyA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -MoneyTrend
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-24 10:54:39
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! (933)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Why Nick Jonas’ Performance With Kelsea Ballerini Caused Him to Go to Therapy
- Biden refers to China's Xi as a dictator during fundraiser
- Key takeaways from Hunter Biden's guilty plea deal on federal tax, gun charges
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Arctic National Wildlife Refuge Targeted for Drilling in Senate Budget Plan
- What’s an Electric Car Champion Doing in Romney’s Inner Circle?
- Major Tar Sands Oil Pipeline Cancelled, Dealing Blow to Canada’s Export Hopes
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Diet culture can hurt kids. This author advises parents to reclaim the word 'fat'
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Why Nick Jonas’ Performance With Kelsea Ballerini Caused Him to Go to Therapy
- Key takeaways from Hunter Biden's guilty plea deal on federal tax, gun charges
- Does sex get better with age? This senior sex therapist thinks so
- Average rate on 30
- What happened to the missing Titanic sub? Our reporter who rode on vessel explains possible scenarios
- RHONJ's Teresa Giudice Wants Melissa Gorga Out of Her Life Forever in Explosive Reunion Trailer
- How do you get equal health care for all? A huge new database holds clues
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Best Memorial Day 2023 Home Deals: Furniture, Mattresses, Air Fryers, Vacuums, Televisions, and More
In the Mountains, Climate Change Is Disrupting Everything, from How Water Flows to When Plants Flower
See maps of where the Titanic sank and how deep the wreckage is amid search for missing sub
Tom Holland's New Venture Revealed
As Climate Change Threatens Midwest’s Cultural Identity, Cities Test Ways to Adapt
Back pain shouldn't stop you from cooking at home. Here's how to adapt
Harvard Study Finds Exxon Misled Public about Climate Change