![]() Bitcoin, the world’s most actively traded cryptocurrency, was up just 41% over the same period of time.įinancial advisers tout a broad, buy-and-hold investment strategy, arguing that even well-regarded asset-picking portfolio managers will ultimately lose to a monkey making stock picks by throwing darts at a board. However, that’s down from a mid-September high, when Protos data showed the portfolio had risen almost 50%, to almost 500 euros. Goxx had a profit of 54 euros on Sunday, or about $63. Goxx’s human partner told Protos.Īfter an initial investment of a little more than 300 euros, or $390, Mr. Goxx is happy to see that some of his investments finally pay off,” Mr. Buffett might want to invest in an intention wheel. Berkshire Hathaway B shares, meanwhile, have fallen by 2%. ![]() Its returns are better than those for Bitcoin, the S&P 500 and Warren Buffett’s Berkshire Hathawayīitcoin and the S&P 500 have climbed about 14% and 5% respectively, over the same time period. Goxx’s high-tech digs, which include a desk set up with computer monitors made from wood.Īs of Saturday, the hamster’s performance was up more than 16% since it began trading in June, according to Protos data - an impressive feat for anyone, much less a rodent. Goxx said that the crypto picks haven’t yet been remunerative enough to pay for Mr. In an interview with the crypto website Protos, the human behind Mr. The hamster’s “office hours” and crypto updates can be followed on its Twitch and Reddit page. Goxx’s human business partner, who presumably executes the trades, prefers to remain anonymous but posts the buy and sell orders on Twitter and Reddit. Then, it scampers through either a “buy” tunnel or a “sell” tunnel, triggering purchases or sales of roughly 20 euros worth of the cryptocurrency. First, the hamster runs on an “intention wheel,” which spins around and chooses a cryptocurrency. Goxx’s trading sessions are livestreamed on Twitch. Cryptocurrency electronic cash Bitcoin banner advertisement seen in Hong Kong, China - Budrul Chukrut/SOPA Images/Shutterstockīitcoin plummets after China intensifies cryptocurrency crackdown ![]()
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