Software

Cryptocurrency trading hamster has grown its portfolio by almost 30% in three months – more than the Buffett fund

Hamster Mr. Gox, who became the protagonist of a cryptocurrency project, increased his trading portfolio by almost 30% in less than three months. In percentage terms, his trades have outperformed the S&P 500, Warren Buffett’s Berkshire Hathaway and Cathie Wood’s Ark Innovation Fund. About it writes edition Protos.

Source: Twitch Mr. Goxx

Source: Twitch Mr. Goxx

In June 2021, the owner of the hamster built a special cage for him. With its help, Mr. Goxx can choose a specific cryptocurrency by running along a special “wheel of intentions”, and then start trading by running through one of two tunnels – to buy or sell tokens. Trading sessions are broadcast to a separate Twitch channel… In total, the hamster has 30 cryptocurrencies available for trading.

Source: Protos

Source: Protos

As a result, Mr. Goxx’s portfolio grew by almost 30% in less than three months. He started with a budget of $ 390 and has grown to $ 498 at the time of writing. In fact, the amount increased to $ 580, but decreased due to the collapse of the cryptocurrency market. The latter was due to the ban on cryptocurrency transactions in China. This hamster could not predict.

Source: Protos

Source: Protos

Mr. Goxx’s most striking deals:

  • Chiliz (CHZ) purchased in July for $ 23.60. Sold for $ 36.44 last Friday (+54%);
  • bought Pantos (PAN) in July for $ 23.57. Sold for $ 35.33 last Sunday (+ 50%);
  • Dogecoin (DOGE) was bought in July for $ 23.79. Sold for $ 34.80 last Thursday (+ 46%).

In an interview with Protos, the owner of the hamster said that despite the profitability of the animal’s transactions, the costs of its housing have not yet paid off. How much it cost to build the cage is not specified. “Mr. Goxx is delighted to see some of his investments have paid off.”, – noted his “business partner”.

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About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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