 | I recently noticed on Robinhood people can bet on "EVENTS" such as the over/under of the price of BTC by a certain time of day. Today I noticed there is a bet for when BTC will hit 150k, or if it even will in 2025. So, right now BTC is about 115k, and I decided to bet that BTC will not hit 150k by Dec. 31, 2025. It cost me $396 ($385 + $11 fee) to win $550 back ($154 profit). My reasoning to take this bet is based on the fact I do hold a decent bag of BTC. I would love for it to hit 150k because that would mean my net worth would go up dozens and dozens of thousands of dollars. So, losing my $396 wouldn't mean anything. But, if BTC doesn't hit 150k, then at least I win $154 for my troubles (about $1/day for the rest of 2025). I know this is simply a hedge, but mentally I'm trying to psych out the universe into choosing to give me a $154 win on New Years 2026 or else it's going to have to give me like +50k. Anyone have any thoughts on this? Good or bad? [link] [comments] |
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