Cryptotrader hamster portfolio outscores Buffett’s Berkshire Hathaway

by in Cryptocurrency News

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In three months, the value of the portfolio of Mr.Gox - a crypto trader hamster on the Twitch platform - has increased by 30%. During the same time, the assets of the Warren Buffett fund Berkshire Hathaway fell 2%, and the ARK Innovation ETF from Katy Wood rose about 5%.

In June 2021, the hamster’s owner built a special cage for him, equipped with optical sensors that are connected to the Arduino Nano controller. That allows the rodent to “trade” digital assets.

By turning the running wheel, the hamster “selects” a certain cryptocurrency for trading. The program will sell the coin when the rodent runs through the left tunnel and is going to buy it if it passes through the right one.

Initially, Mr. Gox’s portfolio was valued at $ 390. Less than three months later, its value rose to $ 498. On Monday, September 20, the hamster’s assets were $ 580, but then the rate fell.

The rodent managed to outperform not only Berkshire Hathaway and ARK Innovation, but also the S&P 500 (+ 6% over the same period) and NASDAQ 100 (+ 12%), as well as bitcoin itself (+ 23%).

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The best hamster deals were:

  • purchase of the Chiliz token (CHZ) at a price of $ 23.6 and sale at $ 36.44 (+ 54%);
  • purchase of Pantos token (PAN) for $ 23.57 - sale for $ 35.33 (+ 50%);
  • buying Dogecoin (DOGE) for $ 23.79 and selling for $ 34.8 (+ 50%). The largest asset in Mr. Gox’s portfolio is Tron (TRX). The hamster bought it five times, and since the first transaction, the price of the cryptocurrency has grown by 40%.