If everyone remembers with amusement and respect the performances of Paul the Octopus, able to predict with astonishing precision the results of football matches during the 2010 World Cup, it may well be that the noble cephalopod has finally found a competitor. first rate. Indeed, a German hamster by the sweet name of Mr. Goxx (fans will appreciate) has been trading Bitcoin and cryptocurrencies for 3 months now. And between two croquettes and 3 laps, the valiant rodent presents performances to make the wolves of Wall Street blush…
Cheerful hamster by day, bitcoin king by night
We could well hold there the next winners of one of the famous Ig-Nobel prizes (the “anti-Nobel Prizes” which reward each year the research teams whose themes are considered to be the most offbeat). Indeed, far from a traditional image of entirely Germanic austerity, was born what strongly resembles a study on the theme of trading and game theory. Wacky idea that emerged from a moment of bewilderment? Result of a lost bet gone wrong? The mystery remains whole for the moment (but could serve a new kind of advertising campaign).
Anyway, the facts are there: A hamster named Mr. Goxx has been equipped with all the necessary equipment in order to be able to build a crypto portfolio to buy, sell, arbitrate on the markets. And while you are still hesitating to buy your first cryptos, the dynamic guinea pig has been living its best life in virtual auction rooms for 3 months now, all under the cameras, reality TV 3.0 style.
First of all, Goxx spins a “wheel of intentions” allowing it to “choose”, among around thirty cryptocurrencies, which one will be traded. Once this step has been taken and the crypto chosen, the hamster goes through one of two “decision tunnels” which trigger the purchase or sale of the cryptocurrency in question.
Note that you can follow Mr. Goxx’s activities (and take a few silent notes) live on Twitch.
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Professional crypto traders hamstrung by Mr. Goxx
Does it work ? Yes, and that’s nothing to say! It’s very simple, all by itself and its mindest of an average mustelid, Mr. Goxx made sufficiently relevant trade-offs to outperform – and from afar – both Nasdaq, SP 500 and even…Bitcoin itself.
Mr. Goxx’s coach (unidentified, but goes by the pseudonym “Protos”) explains that his golden boy started with $390 in June and his portfolio reached an ATH of $580 in mid-September. It is currently growing 24% with a profit of $77.
Currently, Mr. Goxx owns a portfolio consisting of Tron, XRP, ADA and some Ether. It carries out regular trades in tranches of 20 euros.
Incidentally, at the time of writing, Mr. Goxx (who finds the time to tweet) comes from shorter Ripple (XRP)do what you want with this information that the market may not have priced yet).
rodent, not rabid
Of course, apart from the fact that it is difficult to really authenticate the entire story, we should point out that these results are the result of randomness and could have perfectly presented diametrically opposed performances. The opportunity above all to illustrate a concept established in the book “A Random Walk Down Wall Street by Burton Malkiel, that a blindfolded monkey throwing darts at a stock listing in a newspaper would be expected to do at least as well as a human investment professional.
As for Mr. Goxx, between two sunflower seeds he knows how to keep it simple despite his newfound fame:
“Mr. Goxx is happy to see that some of his investments are finally paying off”
Spokesperson for Mr. Goxx
As the crypto markets have been on a rollercoaster ride for the past few months, let’s hope Mr. Goxx’s adventures have brought a smile to your face. It may also be an opportunity to put into perspective what the complexity of the charts and the multitude of sophisticated tools that invade the daily life of the crypto investor sometimes makes us forget: that we are constantly evolving in the midst of chaos and that we sometimes have to have the humility to agree that the random decisions of a small German hamster can be infinitely more relevant than those of the most competent professionals.
Tired of doing worse than a common hamster? Come train again and again on the Ascendex exchange so you can battle it out against M Goxx. And if you are among the first 400 to cross these lines, do not miss the opportunity to collect $5 airdrop offered for any registration on the famous Ascendex platform! This welcome bonus is combined with a 10% discount on your trading fees! (affiliate link, subject to trading at least $100, see conditions on site).