Hamster “Mr.Goxx” who trades virtual currency earns 10,000 yen
`random walk theory, '' which states that ``it is impossible to predict stock price movements based on past data,'' a hamster that trades virtual currencies based on movements inside its cage makes profits. What is going up is becoming a hot topic.
As if to prove the economics' `
Mr. Goxx is a crypto trading hamster — and he's only slightly underwater
A hamster has been trading cryptocurrencies in a cage rigged to automatically buy and sell tokens since June - and it's currently outperforming the S&P 500 | Currency News | Financial and Business News | Markets Insider
The name of the hamster who is a virtual currency investor is Mr.Goxx. Mr.Goxx enters a special cage like the one below and decides which virtual currency to trade by turning a wheel named 'Intention Wheel'. Buy and sell the target virtual currency by passing through the “BUY” or “SELL” tunnel.
Mr. Goxx | First Performance Review (World's first crypto asset trading hamster!) - YouTube
You can see Mr.Goxx in action in the video below.
According to Mr. Goxx's unidentified business partner and caretaker, Mr. Goxx started trading on June 12, 2021 with an initial amount of approximately $390 (approximately 43,000 yen). The asset portfolio at one point recorded a high price of nearly $580 (about 64,000 yen), and its performance exceeded the S&P 500 and famous investor Warren Buffett. Mr.Goxx has made a profit of 77 euros (about 10,000 yen) in three months.
According to the administrator, the 'buy' amount of the transaction is set at 20 euros (about 2,600 yen), and the cooldown is 20 seconds. You can purchase increments by passing them in succession. Also, it is said that 'selling' will be done with all payments made. The caretaker said, ``If interest in Mr. Goxx continues to grow, we will implement new plans such as letting Mr. Goxx choose the purchase amount.''
On the other hand, Mr. Goxx seems to be enthusiastic about investment activities, such as demanding environmental improvements from the caretaker.
You can check Mr.Goxx's activities on his official Twitch channel .