Key Points
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In the spot crypto market, investors tend to chase after hot momentum plays that soar in value.
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However, these altcoins typically crash and burn as soon as the “irrational exuberance” wears off.
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With prediction markets, it’s possible to make money in both up and down markets, while taking on relatively less risk.
Speaking at this year’s TOKEN2049 event in Singapore, Polymarket CEO Shayne Coplan dropped a bombshell on crypto investors in the audience: He suggested that they could achieve superior returns by investing in prediction market event contracts rather than in the spot crypto market.
Admittedly, as investment advice, that might sound incredibly misguided. But anyone who has traded crypto over the past few years knows the…
