This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.A clever hamster owner in Germany created a dream job for his furry pet - trading cryptocurrencies 24/7 in front of a live audience for real money. Interactions with every item in the cage - including the wheel, ramps and tunnels - execute actions in the real world using an API and crypto exchanges. Running on the wheel randomly picks a cryptocurrency of about 30 different preset options, while a trip through the tunnels determines a buy or sell order.The setup has been live since mid-June and is up 24% - outperforming both Bitcoin and the S&P 500."The top cryptocurrencies currently held by the hamster include TRX, XRP, ADA, and ETH."How do we interpret this situation? Here are some thoughts.Pure luck. Given enough time, the hamster will eventually fail.Any model or system can work well for a brief time period.It’s hard for anyone to fail in a frothy market, even a rodent.Timing is everything. The hamster has only been successful for a few months. Give it a couple of years and the experiment will likely fail (or the hamster dies).The truth is, all of the above statements are accurate and are not mutually exclusive. Given bull market conditions and the fact that many altcoins have outperformed since June, as long as the hamster triggers a “buy” and holds something for a reasonable amount of time, beating industry standards should not be difficult during alt season. If this hamster has babies and they continue to outperform the market for the next 70 years, then there is something special here. I think this is mainly the result of the experiment occurring during a bull market. The same experiment during a bear market would likely end in disaster. This proves the point that an important aspect of risk management is knowing when to be heavily trading the altcoin market and when to be sitting on your hands.Repeated gains in a bull market are likely to give the false impression to new traders that they are skilled at trading. This is a phenomenon called "random reinforcement" that I have written about many times in the past. More than likely they are in the right place at the right time and are actually underperforming the market. In the case of our furry friend, he is beating the market for a brief period, which is unsustainable under suboptimal market conditions.It is risky to be on the sidelines during a bull market, or any market for that matter, and the hamster shows this to be true. This bull market has reached the point where all you have to do is participate and deploy capital to make money. If a hamster can do it, so can you.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COIn This Issue:A Hamster Is Beating The S&P And BitcoinBitcoin Thoughts And AnalysisAltcoin ChartsChina Makes All Crypto Activity IllegalHuobi Outlines Plan For Chinese InvestorsWarren Buffet’s Granddaughter Dives Into CryptoMy Recommended Platforms And Tools