The prediction market is still in its early stages, with many opportunities and pitfalls. When doing arbitrage, you need to be especially careful—once the price difference stops converging, it's time to get serious. Because very likely, the moment you jump in, you might end up becoming the one caught in a trap.
Sniping the closing auction and engaging in price difference arbitrage require careful consideration of every word in the rules. A seemingly insignificant difference in wording can lead to vastly different settlement results. Such details are easy to cause setbacks, so caution is essential.
Being able to make a profit this time is honestly a result of toughing it out in a bleak market. Although the principal invested wasn't large, the leverage used was indeed aggressive. Overall, making money or losing money in the prediction market often hinges on a single thought—understanding the rules and mental resilience are equally important.
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GasFeeSobber
· 6h ago
Missing just one character in the details could get you completely trapped; I truly have personal experience with this.
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TopBuyerForever
· 6h ago
If the spread doesn't converge, it's time to run, really.
Even the wording in the rules can be changed to win or lose, it's incredible.
Leveraging heavily is really exciting, but this is how we make money.
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WhaleInTraining
· 6h ago
The moment the spread doesn't converge, I knew it was over.
Rules really have to be scrutinized word by word, or you'll crash in minutes.
Leverage is exciting, but maintaining a stable mindset is the key.
Predicting the market is like that; making or losing money can happen in an instant.
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BearMarketSurvivor
· 6h ago
Almost got caught, but luckily I hit the brakes in time
One word can really cause bankruptcy, this is no joke
Rules are a trap; you have to recite the contract like a scripture
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StableGenius
· 6h ago
yeah the spread convergence trap is exactly why i stopped chasing those arbs... one character difference in the settlement rules and suddenly you're holding the bag lmao
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ser_aped.eth
· 6h ago
Almost got caught in a deadlock. Now I have to be extra vigilant when reading this kind of article.
The prediction market is still in its early stages, with many opportunities and pitfalls. When doing arbitrage, you need to be especially careful—once the price difference stops converging, it's time to get serious. Because very likely, the moment you jump in, you might end up becoming the one caught in a trap.
Sniping the closing auction and engaging in price difference arbitrage require careful consideration of every word in the rules. A seemingly insignificant difference in wording can lead to vastly different settlement results. Such details are easy to cause setbacks, so caution is essential.
Being able to make a profit this time is honestly a result of toughing it out in a bleak market. Although the principal invested wasn't large, the leverage used was indeed aggressive. Overall, making money or losing money in the prediction market often hinges on a single thought—understanding the rules and mental resilience are equally important.