It's time for an update, after a little less that two months. $50 → $3000
Kalshi: +$960
Polymarket: +$1470
@PredictHQ_ +$500
Special thanks to
@radarmentions for the best tools for analysis
@alch3my101 for being my first contact in the space
@PredictHQ_ for the massive help with motivation and capital with their weekly competition
@MentionMetrix for letting me in in their close group of like minded individuals
@locksy for always making laugh with his streams, if u are reading this, hope u find ur latina haha.
Crazy to think May just started.
My DM is always open.
🚨 MENTIONS PERFECT GAME $1,000 EVENT🚨
If you pick 26/26 of Trump's strikes in his roundtable today, you get $1000 for free!!
(If no one has a perfect game, top picker gets $100)
Enter picks by 3:45 ET and lock them in.
No purchase necessary. Just sign up for a free mentions terminal account. Must also enter your Kalshi account (if you don't have one use code radar20 for $20 free).
Rules are on the site. Just a fun little experiment and I'm pretty sure I checked my math and someone won't actually hit this but if you do I will give you $1,000 :)
Good luck traders! (Inspired by @alch3my101 idea and @locksy playing every strike in an NBA game other day, and ofc the $1B giveaway on Kalshi).
I'm not really trying to comment on whether Polymarket handled this well, or who was right and who was wrong.
My guess is that a lot of crypto people looked at the whole MicroStrategy selling drama and saw opportunity rather than a scam.
They saw uncertainty beating facts over and over again.
The people who actually lose money are always a minority compared to the massive retail crowd. Even if most people lose money somewhere, there will always be more people coming in to lose money. What they see is the opportunity to make money. That is the appeal of PvP.
It is the same reason everyone complains about memecoins while continuing to trade them. Most participants end up losing money, yet they keep coming back.
Think about it carefully. Do you really believe gamblers care more about fairness than uncertainty?
Uncertainty is intoxicating. It is far more attractive than facts.
What are facts and certainty, anyway? Those are things only a small number of serious traders truly care about.
That never changes.
And looking at the outcome, Polymarket’s dormant traffic was suddenly brought back to life. Massive volume. Huge fees. Countless people made countless money from it.
It is hard to argue that Polymarket did not love the result.
Maybe one day people will get tired of prediction markets the same way they eventually got tired of trading memecoins. When that day comes, these little frenzies will gradually disappear.
After all, did you have fun?😝
+$900 in the second week, the tracker is slightly off.
All the profit comes from the bilateral w/ China, some weird things happened in Poly.
Strange week overall.