Have you ever traded on a prediction market?

[AzatFinrazor]

Hi, guys!

Today we at Finrazor want to talk to you about prediction markets.

What do you know about them? Have you tried trading on a prediction-market platform? What has your experience been like?

A short info for the uninitiated:

A prediction market is a collection of people speculating on the outcomes of events. A prediction market is an exchange where people trade contracts for future events. These events may include sales of a company, stock price fluctuations, elections, weather changes, or any other event where the result can be objectively verified. The main purposes of prediction markets are to aggregate public opinion and to estimate the probability of an event.

Learn more about prediction markets here: https://finrazor.com/news/what-are-prediction-markets

Don't shy away, join discussion!

[Kunzaii]

Prediction markets are way to scary for me.
I think it's more for the risk seeking persons...

I think you can consider this as gambling.

[Kentz94]

We should collect the information and analyze it by ourself. Dont believe anyone. Because they are maybe a shark and they will mislead you to benifit for them. All information what they said just be reffered, dont believe it 100%.

[madnessteat]

I wouldn't risk it, it's like roulette on red or black. I think it's gambling, too. I do not advise to do it. It is better to invest in cryptocurrency.

[Kentz94]

We should collect the information and analyze it by ourself. Dont believe anyone. Because they are maybe a shark and they will mislead you to benifit for them. All information what they said just be reffered, dont believe it 100%.

Of course, one most certainly has to do his own research. I was just wondering if you yourself have been involved in prediction markets.

Yes, I will if I have more experience in cryptocurrencies market.