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Author Topic: Have you ever traded on a prediction market?  (Read 48 times)
AzatFinrazor
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August 20, 2018, 11:44:47 AM
 #1

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! Smiley
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Kunzaii
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August 20, 2018, 03:17:04 PM
 #2

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.

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Kentz94
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August 20, 2018, 03:57:58 PM
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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
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August 20, 2018, 04:43:01 PM
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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.

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AzatFinrazor
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August 21, 2018, 12:18:55 PM
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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.

Some governments actually do see them as betting or gambling sites, this is why there is a lot of confusion when it comes to regulation.
AzatFinrazor
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August 21, 2018, 12:20:28 PM
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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.
Kentz94
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August 30, 2018, 10:38:03 AM
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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.
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