Some people get into cryptocurrency investing because they want to get off the treadmill. Inspired by stories of Bitcoin (BTC) billionaires, they hope they might also be able to become financially independent and retire early.
But crypto-trading hamster Mt. Goxx is different. He loves his treadmill — also known as his “intention wheel” — which he uses to select one of 30 cryptocurrencies to trade. He then scurries through either a “buy” or “sell” tunnel to make his trading plans known.
Mr. Goxx has his own office and over 12,000 fans of his live stream. And, according to crypto news site Protos, his portfolio in September was up almost 30% since he started trading in June. That said, the crypto market cap as a whole rose 40% in the same period, according to CoinMarketCap data.
Looking at the headlines, you’d be forgiven for thinking Mr. Goxx couldn’t put a paw wrong. But a quick analysis of his trades shows our furry friend is not quite the trading genius he might seem. Here are some of his biggest mistakes.
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