Current:Home > reviewsA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -Ascend Wealth Education
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-18 17:00:42
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! (4)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Rashee Rice works out with Kansas City Chiefs teammate Patrick Mahomes amid legal woes
- Is the US banning TikTok? What a TikTok ban would mean for you.
- 'I tried telling them to stop': Video shows people yank bear cubs from tree for selfie
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Score These $104 Peter Thomas Roth Gel Masks for $39, Get Brighter Skin & Reduce Wrinkles
- Wayfair set to open its first physical store. Here's where.
- Video of 2 bear cubs pulled from trees prompts North Carolina wildlife investigation but no charges
- $73.5M beach replenishment project starts in January at Jersey Shore
- House GOP's aid bills for Israel, Ukraine, Taiwan advance — with Democrats' help
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- 18-year-old turns himself into police for hate-motivated graffiti charges
- Italy is offering digital nomad visas. Here's how to get one.
- Texas Attorney General Ken Paxton can be disciplined for suit to overturn 2020 election, court says
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- USA TODAY coupons: Hundreds of ways to save thousands of dollars each week
- Not a toddler, not a parent, but still love ‘Bluey’? You’re not alone
- Harry Potter actor Warwick Davis mourns death of his wife, who appeared with him in franchise's final film
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Venue changes, buzzy promotions: How teams are preparing for Caitlin Clark's WNBA debut
An appeals court dismisses charges against a Michigan election worker who downloaded a voter list
Police called in to North Dakota state forensic examiner’s office before her firing
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Trader Joe's recalls basil from shelves in 29 states after salmonella outbreak
Lionel Messi is healthy again. Inter Miami plans to keep him that way for Copa América 2024
Would you like a cicada salad? The monstrous little noisemakers descend on a New Orleans menu