Cryptocurrency trouble? Mr. Goxx the hamster is here to help

Two German men live stream hamster making investment decisions in tiny, fancy office next to his cage

(Picture source - Shutterstock)

If you feel beat in the cryptocurrency world, you may draw inspiration from Mr. Goxx, a hamster who has aced his investments as his career performance has gone up by 20 percent, effectively beating returns reaped by billionaire Warren Buffet’s company Berkshire Hathaway.

According to the BBC, Mr. Goxx arrives often at his quaint little office, a small space next to his regular cage that boasts a small desk with wooden laptops and two tunnels labelled ‘buy’ and ‘sell’.

Mr. Goxx is inspirational in that he embodies what it means to balance out health with professional activities. He uses a rodent exercise wheel to decide where to place his bets in the crypto world. Mr. Goxx runs through either buy or sell tunnels, which sends signals to the electronic system attached to his office, which then makes the relevant trading move on his behalf. The entire activity is live streamed on the hamster’s Twitch and Twitter accounts.

In addition to the aesthetic features, the office is fully automated, reported the BBC. The office has software scripting, microcontrollers, single-board computers, computer-aided design, 3D printing, laser-cutting, and more.

Behind the financially minded rodent are two German men, who started the live streams as a humorous attempt to educate youngsters who were pumping money into cryptocurrencies on an ad hoc basis, without knowledge of efficient investments. The brains behind ‘Goxx Capital’, the name of Mr. Goxx’s firm, choose to stay anonymous as emotions can rile up high on the sensitive topic of cryptocurrency.

The first month of Goxx Capital was victim to the same fate as its namesake Mt Gox, a cyrpto investment firm that made it big in the fiat currency world when it was launched in 2010. However, as bitcoins were stolen, the project crashed and filed for bankruptcy in 2014.

In the first month, Goxx Captial started with £278, after placing an order for Stellar (XLM). After 95 orders, Goxx Capital was down 7.3 percent. Mr. Goxx’s financial acumen, however, helped him rise from the ashes as his performance rose by 19.41 percent by September 27, beating returns on major stock markets like FTSE 100 or Dow Jones.

The men behind the sage hamster have said that the venture is not a real investment firm and should only be taken seriously in its advisory capacity. They also told BBC that the animal was not under duress but instead worked on his own time and had full liberty to resort to his resting quarters at any time.