Categories: Technology

The most ridiculous news about cryptocurrency trading you will read. Hamster is a better trader than funds

According to the Business Insider website, the hamster as a cryptocurrency trader turned out to be more effective in earning than investment companies, including rates of return of over 50%, not mainly -10 to 10%, like the others. This is certainly the most ridiculous news about cryptocurrency trading you have ever read, but it perfectly illustrates the uncertain nature of these virtual currencies.

A running hamster trader confirms how chaotic and unpredictable the cryptocurrency market is

A certain Mr. Goxx, a hamster living somewhere in Germany hamster life, unconsciously makes decisions about investing. Streams of his activities can be watched in real time on Twitch. While playing in his specially adapted terrarium, he points to one of the 30 cryptocurrencies and then decides to sell everything or buy through the tunnel he will go through. Easy? Simple, and how is its effectiveness in this?

Also read: Do people want to pay with cryptocurrencies? The latest study responds

The hamster’s investment adventure began in June. At the time, he had $ 390 in his account, which had risen to $ 580 in mid-September, an increase of more than half.

Also read: Digital Yuan, the cryptocurrency of China, gives the impression of fighting the power of the US dollar

Its portfolio value has recently declined due to the overall downturn in the cryptocurrency market (with a percentage of return ranging from 25-30%), but even so, it continues to break records. One problem with these increases is that regular transactions, while successful, do not even cover the commission costs.

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