A hamster has been trading cryptocurrencies in a cage rigged to automatically buy and sell tokens since June - and it's currently outperforming the S&P 500
The "Goxx-Box". Twitter: @Mrgoxx
A hamster named Mr. Goxx has been trading cryptocurrencies in a manipulated box since June.
The hamster determines which crypto to buy or sell by walking on a wheel and strolling through one of two tunnels.
Since starting trading on June 12, Goxx's crypto portfolio has returned 24% on Friday.
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The livestream hamster named Mr. Goxx has been trading independently in a portfolio of various cryptocurrencies since June 12, and his performance so far has been impressive. According to the Twitter feed @mrgoxx, which documents the daily performance along with every trade of the hamster, the portfolio rose by almost 24% on Friday. Mr. Goxx's performance outperformed Bitcoin and the S&P 500 over the same period.
Mr. Goxx's caretaker built the "Goxx Box", a crypto-manipulated office attached to his larger house that gives the hamster the ability to perform various exercises which then perform certain cryptocurrency trades. The hamster can enter his office whenever he wants to do business.
First, Goxx runs on the "intention wheel" to select which of around 30 cryptocurrencies to trade. As soon as the cryptocurrency is selected, the hamster runs through one of two "decision tunnels" that trigger either a buy or sell trade in the selected cryptocurrency.
The top cyptocurrencies the hamster currently holds include Tron, Ripples XRP, Cardanos Ada, and Ether.
According to a report by Protos, the Goxx portfolio was funded with a euro equivalent of $ 390. The unknown caretaker and business partner of Mr. Goxx informed Protos that the hamster's business will automatically be set at 20 euro increments.
"There are plans to give Mr. Goxx more control and deliberately let him choose his purchase amount if interest in his channel continues to grow," the business partner told Protos.
Mr. Goxx has made a profit of 77 euros so far on Friday afternoon. Its portfolio peaked nearly $ 580 in mid-September when its performance had increased nearly 50% in less than three months, according to performance data compiled by Protos. But since then, the recent crypto sell-off has hurt the hamster's profits.
But a win is a win, and Mr. Goxx probably understands that. "Mr. Goxx is pleased that some of his investments are finally paying off," the business partner told Protos.
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