Remember that legendary story — turning 20 bucks into 30 million. Recently, I saw someone place 16 consecutive bets of $12 on a prediction market and end up with $100,000, a return of 8,300 times. The contrast is almost unbelievable.

Thinking about it more carefully, the win rate for trading cryptocurrencies like BTC on certain prediction markets is actually much higher than walking into a casino and betting on baccarat. The latter is purely a game of chance, but the former is different — you can wait for market conditions, read data, and bet on market trends. There are also fundamental factors involved. In other words, one relies purely on luck, rolling dice, while the other at least allows you to profit from market fluctuations.

After being in the crypto space for so long, aren’t many of you starting to see through the traditional casino approach? Anyway, I think compared to going to a casino, many people have long shifted their focus to trading coins and contracts. 🫡