Hamster trades cryptocurrencies and makes big profits

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Goxx is not a simple hamster like the rest. In his small cage specially equipped for this, he buys and sells cryptocurrencies all day long. How ? He chooses one virtual currency out of 30, then goes through one of two “decision tunnels” that determine whether he buys or sells. Despite this completely random procedure, the portfolio of this hamster trader grew by almost 24%!

This story is reminiscent of Paul the octopus, who predicted the outcome of 14 matches during the 2010 World Cup and Euro 2012 (only two of his predictions turned out to be wrong). While animal divination is relatively common in sports, this is the first time one of them has ventured into finance. And Mr. Gox has a shore: he even has his own Twitch channel through which his fans closely follow his transactions.

Goxx launched the cryptocurrency in June. His owner made him a custom-made cage in which his every action leads (or does not lead) to a deal. If this concept can make you smile as it drives digital assets, the little animal has managed to outperform Bitcoin, the S&P 500 (which are up 23% and 6% respectively over the same period) and even Warren Buffett anyway. Berkshire Hathaway!

The cage has turned into a real trading office

It all started in June. Goxx then had the equivalent of $390 in his cryptocurrency exchange account. And in September, the hamster’s wallet reached a record high of $580! However, the animal was not spared by the recent fall in the bitcoin rate, which occurred on September 7, when El Salvador became the first country to make this cryptocurrency its official national currency. His total assets are now $498.

In just a few days, the little hamster trader outperformed major stock indices such as the S&P 500 and NASDAQ 100. © Protos.com

Goxx lives in Germany and is especially pampered by his owner (who remains anonymous). His high-tech “shopping office” called the Goxx Box is directly related to his classic habitat; he can go in and out whenever he wants. When performed in the “wheel of intentions”, the movement performed is associated with the choice of an asset; then its passage through one of the two decision tunnels results in the sale of everything or the purchase (in tranches of €20) of the asset in question. The order is sent directly to the real trading platform via the API.

The Goxx marketplace has everything you need to enable the animal to manage its digital assets on its own. © Twitch/mr_goxx

Like all hamsters, Goxx is most active at night. Thanks to the infrared camera system, you can watch its development and transactions live on Twitch. Goxx also owns twitter accounton which he shares the details of his transactions.

Wheel turns that pay off

Given the current configuration of the Goxx Box, it can also happen that the animal buys the cryptocurrency and then immediately resells it (moving from one tunnel to another), resulting in the loss of a few cents. Although his sell and buy orders are completely random, the little rodent can still make big profits thanks to a few of his “decisions”: Chiliz (CHZ) for $23.60, bought in July, sold last Friday for $36.44 (or 54%). profit), $23.57 Pantos (PAN) bought in July was sold for $35.33 on Sunday (+50%), and 23 Dogecoin (DOGE) worth $79 bought at the end of July was sold for $34. .80 dollars last Thursday (+46%).

His owner plans to soon offer him more investment opportunities. ” There are plans to give Mr. Goxx more control and let him deliberately choose how much to buy if interest in his channel continues to grow. “, he said Prototypes.

Goxx cryptocurrency portfolio as of September 10 (assets below $1 not shown). © Protos.com

To date, the largest asset in the Goxx portfolio is the Tron (TRX) cryptocurrency. Each time this virtual currency is selected using the wheel, the hamster chooses to buy; paid “choice” as Tron has increased by 40% since the first transaction! Stellar Lumens (XLM), Ether (ETH), and Bitcoin (BTC) are the other three major assets in the Goxx portfolio. Lately, the beast seems to have set its sights on Ethereum, which dropped another 9% shortly thereafter. For example, Goxx doesn’t always make the best decisions…

Source: Protos.com

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