Current:Home > ScamsA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500-InfoLens
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View Date:2024-12-24 07:07:51
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! (43)
Related
- Jennifer Garner and Boyfriend John Miller Are All Smiles In Rare Public Outing
- 'The Bachelor' contestants: Meet the cast of women vying for Joey Graziadei's heart
- Illinois authorities say they are looking for a man after ‘multiple’ shootings in Chicago suburbs
- More than 150 DWI cases dismissed as part of federal public corruption probe in New Mexico
- Early Week 11 fantasy football rankings: 30 risers and fallers
- Brooks and Dunn concerts: REBOOT Tour schedule released with 20 dates in US, Canada
- Why are states like Alabama, which is planning to use nitrogen gas, exploring new execution methods?
- Chris Stapleton's Traveller is smooth as Tennessee whiskey, but it's made in Kentucky
- Kate Hudson and Goldie Hawn’s SKIMS Holiday Pajamas Are Selling Out Fast—Here’s What’s Still Available
- Criminals are extorting money from taxi drivers in Mexico’s Cancun, as they have done in Acapulco
Ranking
- After Baltimore mass shooting, neighborhood goes full year with no homicides
- Burton Wilde: Detailed Introduction of Lane Wealth Club
- Grand Ole Opry apologizes for Elle King's drunken performance during Dolly Parton tribute
- Panera Charged Lemonade linked to alleged deaths, lawsuits: Everything that's happened so far
- Two 'incredibly rare' sea serpents seen in Southern California waters months apart
- New Mexico governor proposes $500M to treat fracking wastewater
- Sofia Vergara and Netflix sued by family of Griselda Blanco ahead of miniseries about drug lord
- As his son faces a graft probe, a Malaysian ex-PM says the government wants to prosecute its rivals
Recommendation
-
UConn, Kansas State among five women's college basketball games to watch this weekend
-
Heavy rainfall flooded encampment in Texas and prompted evacuation warnings in Southern California
-
Lawsuit alleges HIV-positive inmate died after being denied medication at Northern California jail
-
Green River killer’s last known victim’s remains are identified
-
'Full House' star Dave Coulier diagnosed with stage 3 cancer
-
Connecticut still No. 1, Duke takes tumble in the USA TODAY Sports men's basketball poll
-
Stock market today: Chinese shares lead gains in Asia on report of market rescue plan
-
Pennsylvania woman plans to use insanity defense in slaying, dismemberment of parents