Current:Home > NewsA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -EliteFunds
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-18 10:38:28
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! (5587)
Related
- South Korean president's party divided over defiant martial law speech
- Clean Energy Soared in the U.S. in 2017 Due to Economics, Policy and Technology
- Two Years Ago, Florida Gov. Ron DeSantis Was Praised for Appointing Science and Resilience Officers. Now, Both Posts Are Vacant.
- Jet Tila’s Father’s Day Gift Ideas Are Great for Dads Who Love Cooking
- DoorDash steps up driver ID checks after traffic safety complaints
- Changing Patterns of Ocean Salt Levels Give Scientists Clues to Extreme Weather on Land
- Young Republican Climate Activists Split Over How to Get Their Voices Heard in November’s Election
- Why Kim Cattrall Says Getting Botox and Fillers Isn't a Vanity Thing
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Shop Beard Daddy Conditioning Spray, Father’s Day Gift of the Year
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Tibetan Nomads Struggle as Grasslands Disappear from the Roof of the World
- More Than 100 Cities Worldwide Now Powered Primarily by Renewable Energy
- Supreme Court takes up case over gun ban for those under domestic violence restraining orders
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- This Affordable Amazon Cooling Towel Will Help You Beat the Summer Heat
- This And Just Like That Star Also Just Learned About Kim Cattrall's Season 2 Cameo
- Cameron Boyce Honored by Descendants Co-Stars at Benefit Almost 4 Years After His Death
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Court Strikes Down Trump Rollback of Climate Regulations for Coal-Fired Power Plants
North Dakota colleges say Minnesota's free tuition plan catastrophic for the state
DC Young Fly Speaks Out After Partner Jacky Oh’s Death at Age 33
Meet first time Grammy nominee Charley Crockett
Pence meets with Zelenskyy in Ukraine in surprise trip
Supreme Court sides with Christian postal worker who declined to work on Sundays
How Much Global Warming Is Fossil Fuel Infrastructure Locking In?