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Try to analyze the Dragon King's strategy
The Dragon King bought "Will Jesus Return" with a Yes at 4 cents
But in reality, Jesus is unlikely to return. Most likely, this money is essentially lost. Why does the Dragon King still bet on Yes?
- The Dragon King's own explanation: Placing buy and sell orders to manipulate points requires chips, either buy Yes or buy No
- Orders are scored based on chips. In terms of quantity, a Yes at 4 cents is equivalent to 25 times the No
- Accumulating No could lead to a black swan event, but accumulating Yes is just the cost of manipulating points
- In the "Will Jesus Return" market, 4 cents can manipulate points for 2 months, and the depth is good. Other markets have a minimum of 1%, but the settlement cycle is too short to manipulate for long
It must be said that the Dragon King is still top-notch in strategy. Future airdrop rewards will definitely outweigh the cost of manipulating points