Current:Home > NewsA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -CapitalWay
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-16 01:22:40
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! (6)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Researchers find a tiny organism has the power to reduce a persistent greenhouse gas in farm fields
- From electric vehicles to deciding what to cook for dinner, John Podesta faces climate challenges
- 'Moana 2' trailer: Auli'i Cravalho and Dwayne Johnson set sail in Disney sequel
- Bodycam footage shows high
- Millions of older Americans still grapple with student loan debt, hindering retirement
- Riley Keough, Lily Gladstone on gut-wrenching 'Under the Bridge' finale, 'terrifying' bullying
- Best MLB stadium food: Ranking the eight top ballparks for eats in 2024
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Kelly Hyland Receives Support From Dance Moms Stars After Sharing Breast Cancer Diagnosis
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Alligator still missing nearly a week after disappearing at Missouri middle school
- The art of drag is a target. With Pride Month near, performers are organizing to fight back
- South Carolina’s Supreme Court will soon have no Black justices
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- A 6th house has collapsed into the Atlantic Ocean along North Carolina’s Outer Banks
- Who are the Wilking sisters? Miranda, Melanie in 'Dancing for the Devil: The 7M TikTok Cult'
- Statistics from Negro Leagues officially integrated into MLB record books
Recommendation
New data highlights 'achievement gap' for students in the US
Explosion in downtown Youngstown, Ohio, leaves one dead and multiple injured
West Virginia’s first ombudsman for state’s heavily burdened foster care system resigns
New Louisiana law will criminalize approaching police under certain circumstances
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Dwyane Wade to debut as Team USA men's basketball analyst for NBC at 2024 Paris Olympics
Lawsuit alleges racial harassment at a Maine company that makes COVID-19 swabs
When Calls the Heart Stars Speak Out After Mamie Laverock’s Accident