A trader known as 'coffeemachine' has turned $2,000 into $123,000 in less than a month on Polymarket, a platform known for geopolitical betting. This remarkable profit was achieved through high-frequency trading, focusing exclusively on Bitcoin's 15-minute price movements. The trader executed over 7,356 trades since November, leveraging volatility scalping to capture returns of up to 420% per trade. The strategy involves exploiting small discrepancies between Polymarket's pricing and Chainlink's oracle data, ignoring broader geopolitical narratives. This approach highlights the power of algorithmic trading in short-term markets, where speed and precision are crucial. The success of 'coffeemachine' underscores the growing importance of specialized tools like the Veera browser, which enhances mobile trading efficiency for such high-frequency operations.
Algorithmic Trader 'coffeemachine' Nets $123,000 on Polymarket
This content is for informational purposes only and does not constitute investment advice.
Unstaked related news and market dynamics research
Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.
SuperEx Popular Science Articles Column
This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.
XRP News and Research
This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.
How do beginners trade options?How does option trading work?
This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.
What are the risks of investing in cryptocurrency?
This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.