Current:Home > MyA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -ThriveEdge Finance
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-14 04:36:01
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! (95913)
Related
- New data highlights 'achievement gap' for students in the US
- Certifying this year’s presidential results begins quietly, in contrast to the 2020 election
- New Mexico secretary of state says she’s experiencing harassment after the election
- Florida education officials report hundreds of books pulled from school libraries
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- DWTS' Gleb Savchenko Shares Why He Ended Brooks Nader Romance Through Text Message
- Republican Gabe Evans ousts Democratic US Rep. Yadira Caraveo in Colorado
- Jennifer Garner Details Navigating Grief 7 Months After Death of Her Dad William Garner
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- MLS Star Marco Angulo Dead at 22 One Month After Car Crash
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- 'Underbanked' households more likely to own crypto, FDIC report says
- US inflation may have picked up in October after months of easing
- Family of security guard shot and killed at Portland, Oregon, hospital sues facility for $35M
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Diamond Sports Group will offer single-game pricing to stream NBA and NHL games starting next month
- My Chemical Romance will perform 'The Black Parade' in full during 2025 tour: See dates
- Trump pledged to roll back protections for transgender students. They’re flooding crisis hotlines
Recommendation
The Daily Money: Spending more on holiday travel?
Republican Dan Newhouse wins reelection to US House in Washington
Rare Alo Yoga Flash Sale: Don’t Miss 60% Off Deals With Styles as Low as $5
Deion Sanders doubles down on vow to 99-year-old Colorado superfan
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Deion Sanders doubles down on vow to 99-year-old Colorado superfan
Armie Hammer Says His Mom Gifted Him a Vasectomy for His 38th Birthday
As the transition unfolds, Trump eyes one of his favorite targets: US intelligence