It’s not for us to say that the Oracle of Omaha is losing a step but a lovable household animal with a brain about 1000x smaller than your average human’s is outperforming both Buffet and the S&P 500 index.
A lovable hamster named Mr. Goxx is out here making gains on his own personal Wheel of Fortune. From NPR:
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… 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.
This hilarious story highlights the fact that you can make (and lose) money far faster in the cryptosphere than on the stock exchange. Yes, Mr. Goxx’s crypto choices and trade decisions are completely random. Would investing with Mr. Goxx be considered risky? Of course! You’d be rolling the dice on someone who openly poops in front of potential clients. However, with the loss of purchasing power of the US Dollar, holding onto cash is a guaranteed losing proposition.
In fact, it is possible for anyone reading this to make returns on their crypto investment that would put Warren Buffett to shame. If you read our free eBook 9 Unusual Ways You Can Make Money With Crypto (But Can’t With Cash), you already know how to make incredible returns staking crypto like Miami Coin(MIA), which is available only on OKCoin.
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-The Crypto Analyst Team