There are no eternal champions

My journey as a PM has ultimately faced a profit pullback

The highest floating profit was 5X, with a $100 principal earning over $400+, but this profit has pulled back by half in the past two days

Yesterday, I withdrew the principal of $100 and used the profits to continue rolling, to avoid going to zero

Still, as I said, the alpha opportunities in the prediction market far exceed those in the secondary market!

For example, if you believe today that $BTC will rebound to over $90k, you don't necessarily have to go long with a contract, but can instead go long by buying yes in the prediction market for the price prediction of $88K/$90k

Of course, buying yes at $88k is relatively safer, as the price of Bitcoin is already above $88k

It's like having a call option with a strike price lower than the underlying price, which provides a margin of safety and makes it less likely to go to zero, unless at expiration the strike price of the call option is higher than the underlying price, then it would go to zero