everyone keeps saying prediction markets are killing crypto right and like no thats not even true dude. Q1 was shit yeah but april came back. like capital’s flowing again. polymarket isnt stealing users its just like… its just finding all these retail guys and showing them theyre not smart actually.
heres the thing man. 84% of people on polymarket literally never make money. 84% . like think about that for a second. thats insane. and then like below that it gets actually stupid. only like 0.98% ever hit 5k in a month and like 35 people.
THIRTY FIVE out of 2.5 million did it for a whole year . 0.04% took 70% of all the money.
so like prediction markets arent killing anything theyre just showing you where you actually stand in the market and spoiler alert youre probably losing. the winners exist but like you cant even see them cause theres like basically none of them. everyone else just bleeding slowly which is honestly kind of funny when you think about it.
people keep saying like oh crypto will benefit when prediction markets mature and bring in more capital or whatever. yeah maybe . or maybe we just built like the perfect machine for taking peoples money. infrastructure looks clean. results are brutal.
crypto isnt dead man its just like… its just concentrated. people who actually know what theyre doing still make money.
