Let me start this out by saying I’m an animal lover. Cats, dogs, birds etc. So when I started reading about Mr. Goxx, the crypto trading hamster, it peaked my interest. Not to mention the cuteness of it all.
So apparently this little creature is into crypto trading. Of course crypto trading is not for the faint of heart. Staking one’s fortune on crypto can be like going on a roller coaster ride. Yet, this little dude is up 19% year to date on his portfolio.
He’s outperforming many of his human peers as it stands. Although, he is working with a small stack of capital. Imagine if he was working with millions in capital! Then this would be a different story all together.
Mr. Goxx currently has a small minimalist office complete with wheel and buy/sell tunnels. Every time Mr. Goxx runs through a tunnel a buy/sell trade is performed. The electronics are triggered in each tunnel to complete the trade.
This grand experiment is currently based out of Germany but the owners are remaining anonymous.
How Satoshi of them! LOL Apparently this all started in June of this year. Mr. Goxx first trades were not that great.
30 days and the fund was down 7%. Yet, the little guy bounced back and is now at 19%. Pretty impressive but it’s probably wise to skew his returns over the long term. But not bad for a hamster.
It’s an interesting story nonetheless and shows the side of crypto most should experience. It’s been fun watching this little creature put in the sweat equity for crypto. His office hours are all over the place. Maybe he has a secret social life that no one knows about.
Last I heard the crypto hater at JP Morgan was looking to acquire his services. Perhaps even Goldman may look to Mr. Goxx to run their crypto trading desk. Buffet may want Mr Goxx’s advice since he is underperforming a hamster.
Now, being the capitalist Mr. Goxx is an NFT is the natural progression. Now open sea has Mr. Goxx NFT’s available which is brilliant. And it will give the hamster more crypto capital to trade with.
So watch out you bitcoin whales. You may end up having some tiny competition. And if you recognize the name “Goxx” then congrats. Mr. Goxx is named after the now defunct Mt. Gox crypto exchange. So poignant if you ask me.
I will definitely be following this project. It captures the spirit of crypto in so many ways. When I refer to an all inclusive financial system this includes all life forms…including hamsters. 2021 was the year of the Shiba Inu.
2022 may become the year of the hamster. So lets keep our eyes on Mr. Goxx. We may see some major traction as it pertains to NFT’s and possible tokenization. And if his trades continue to flourish any thing Goxx may become a hot commodity.
So bow down all you hamsters. First CNBC…then the world. Should be fun 🤩