• A hamster called Mr. Goxx is trading cryptocurrencies, outperforming the S&P 500.
• Mr. Goxx uses an automated high-tech enclosure to trade crypto.
• Mr. Goxx started trading cryptocurrencies in June 2021 and selecting its tokens through the “intention wheel.”

Cryptomania makes anyone, anywhere on earth, an expert trader. A 2018 FIFA World Cup prediction was made by an octopus. This shows that financial opportunities exist everywhere. Geox Capital, founded by Geox Capital’s two German buddies, was a result of Mr. Goxx (a hamster) who helped cryptocurrency become a cash cow.

Hamster Trading Strategies

Geox Capital, founded June 20, 2021, has used an unconventional trading approach. This included allowing a hamster, to take all financial decisions and bend trading rules. The hamster Mr. Goxx has been named in honor of the Japanese failed crypto exchange. He outperformed established investment funds to gain market recognition.

According to the BBC, two German friends set up Mr. Goxx’s trading strategy by rigging his hamster habitat to interact with trading decisions. Thus, his “high-tech trading office” connects his running wheel to his token choices, and running through tunnels tells an external API whether the price will go up or down.

His Twitter account (NYSE:) has over 13,000 followers. This is more than double his Monday total, which was 5,000. Like any established trader, Mr. Goxx is live-streaming his trades on Twitch; however, according to his “personal” description, “he can enter and leave it whenever he wants.”

According to a BBC article, Mr. Goxx started with a trading balance of €326, placing his first order on XLM, and within a month, his portfolio was in the red, retracing by 7.3%. His trading performance jumped to 19.41% by September. What’s more, Mr. Goxx trades irregularly, mostly preferring nighttime trading.

To The Flipside

• Two German buddies set up the trading environment that allowed Mr. Goxx success.
• Goxx Capital has no affiliation with the Japanese stock exchange Mt. Gox.

Magic trades

The hysteria surrounding Mr. Goxx’s actions would have gone unnoticed if his performance were to be questioned. The hamster’s trades in real currencies, with 19.41% profit margins, challenge the hedge fund profits, as well as those of highly-regarded trading companies.

Protos claims that Mr. Goxx has seen a 50% increase in sales, but is only up 41% this year. Moreover, Goxx has managed to outperform Warren Buffet’s Berkshire Hathaway (NYSE:) and the S&P 500, forcing Elon Musk to take a personal stance on recent events. On September 28th, Elon tweeted: “Hamster has mad Skillz,” denoting Goxx Capital’s ability to be in stride as professional traders and continue to make small gains.

A crypto-trading hamster is outperforming the S&P 500 https://t.co/hpZq6e1Nmu

— Neal Katyal (@neal_katyal) September 25, 2021

Crypto Twitter continues to make comparisons between sophisticated trading algorithms and hamster intuition. Harel Jacobson, for example mocked quantitative/systematic funds strategies because a hamster easily exceeds any complex algorithm.

Why you should care

Although cryptocurrencies behave in a different way to stock markets, their volatility is both an asset as well as a drawback. The hamster’s achievements can be dismissed because they can be assimilated with luck or chance, something most investment funds don’t operate by, which means that, in the long run, the hamster could be losing.

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