Mr Goxx is doing better than investment guru Warren Buffett and American stock excahnge Nasdaq using his ‘intention wheel’ which selects which cryptocurrency to buy that day
A wheeler-dealer hamster is outsmarting city whizzkids in the cryptocurrency market.
For small furry animal Mr Goxx – who has become an internet sensation – has a hi-tech “office” in his cage to buy and sell.
Incredibly, his performance is up 30% since he joined the rat race in June and has fared better than investment guru Warren Buffett and American stock excahnge Nasdaq.
Mr Goxx starts the trading day by taking a run on an “intention wheel” in his cage and when he stops, it randomly selects which cryptocurrency to buy that day.
And the decision to buy or sell any one of dozens of currencies like Bitcoin and Ethereum, rests on which smart tunnel marked “buy” and “sell” he races through.
The buy tunnel triggers a 20 euro or £17.25 purchase while the sell tunnel offloads the cryptocurrency in the account.
Based in Germany with his mysterious owner who chooses to remain anonymous, Mr Goxx is “managed” by the man and his friend both in their 30s.
The hamster’s owner said: “It seems like most people from our generation see no other chance than throwing a lot of their savings on the crypto market, without having a clue what’s going on there.
“We were joking about whether my hamster would be able to make smarter investment decisions than we humans do.”
Whenever Mr Goxx enters the office space – or Goxx Box – an alert goes out on streaming site Twitch and on Twitter letting fans know “Mr Goxx is in the office” and livestreaming starts.
The hamster’s owner, a lecturer and prototype specialist, is keen to stress Mr Goxx is the face of “a light hearted project” and not to be taken seriously or as a cryptocurrency tipster.
A disclaimer on his Twitter account which gives followers updates of his transactions states: “This content is for entertainment purposes only. Investments shown here are not financial advice.”
Named after Mt Gox – the notorious Bitcoin exchange that closed in 2014 after a reported $460 million of holdings went missing – his account has reportedly grown from the Euro equivalent of £281 to £367 – a rise of 30.6%.