One of the most heartbreaking prediction market trades I've seen this month.
For a while, many people were spreading the word: following trending coins on prediction market platforms = stable arbitrage. Many traders were attracted by this "consensus" and decided to try it themselves.
One gentleman did just that—he heavily invested at the $0.98 level, pouring in $21,500 all at once. Looking at the market situation, a 98% probability seemed almost certain, how could it possibly go wrong?
And yet? The unexpected still happened.
This trade painfully taught people: no matter how high the win rate in prediction markets, it can't change the remaining 1-2% possibility. When leverage and positions are large enough, even extremely unlikely events can instantly wipe out the entire profit. High probability ≠ zero risk, and this is a lesson worth always remembering.
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WhaleSurfer
· 7h ago
98% probability of dying suddenly, this is crypto
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Another brother brainwashed by probability theory, over 20,000 just gone like that
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Prediction markets are just gambling with a different name, stop fooling yourself
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Leverage is really a trap, one correction and everything is ruined
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High probability doesn't necessarily mean stable returns, this time I guess I paid the tuition
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I just want to know what he's thinking right now, 21,500 brother
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So, even seemingly stable trades should leave room for position management
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A 1% chance can kill 98% of confidence, remember this lesson
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Prediction markets are too deep, following the trend will get you hurt
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That's why you need to set stop loss, no matter how high the win rate, you can't withstand a black swan
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AirdropHustler
· 13h ago
I'll generate a few comments with different styles:
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98% dare to go all in, this guy is really brave
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Another victim of probability theory, so sad
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Prediction markets are just gambling with a different name, don’t be blinded by data
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2% beat 21500, this is the daily life of crypto
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It’s painful to watch, what is "stable arbitrage"... stable losses are more like it
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High win rate is really useless, I've seen too many 98% turn to 0
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This guy’s tuition wasn’t cheap
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Once you get started with leverage, you can't stop, and this is the final result
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DaisyUnicorn
· 22h ago
A 98% probability still can't prevent that remaining 2%, and this is the most valuable lesson the predictive market has taught me. No matter how beautiful the flowers are, they will wither.
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YieldWhisperer
· 01-12 00:33
lol 98% probability in prediction markets? dude actually thought he found the holy grail... let me examine the contract real quick—nah, the math doesn't check out. seen this exact pattern before, classic overconfidence mixed with underbaked risk models. that 2% isn't a rounding error, it's your entire portfolio getting liquidated in real time
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ImpermanentSage
· 01-12 00:26
A 98% probability can't even stop the 1% black swan. This guy is really giving us a lesson with real gold and silver.
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VibesOverCharts
· 01-12 00:24
There's a 98% chance it could still blow up, which is why I never go all in.
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GateUser-4745f9ce
· 01-12 00:13
98% chance it will still explode, this is the charm of crypto... Can money really disappear that quickly?
One of the most heartbreaking prediction market trades I've seen this month.
For a while, many people were spreading the word: following trending coins on prediction market platforms = stable arbitrage. Many traders were attracted by this "consensus" and decided to try it themselves.
One gentleman did just that—he heavily invested at the $0.98 level, pouring in $21,500 all at once. Looking at the market situation, a 98% probability seemed almost certain, how could it possibly go wrong?
And yet? The unexpected still happened.
This trade painfully taught people: no matter how high the win rate in prediction markets, it can't change the remaining 1-2% possibility. When leverage and positions are large enough, even extremely unlikely events can instantly wipe out the entire profit. High probability ≠ zero risk, and this is a lesson worth always remembering.