oboloo Glossary

Prediction Market

oboloo Glossary

Prediction Market

Prediction Market: An online marketplace that allows users to speculate on the future performance of a financial asset or market by buying and selling derivatives based on their predictions. This type of trading requires an understanding of both traditional and sophisticated investment instruments, allowing investors to take calculated risks and attempt to turn a profit from their prediction. Prediction markets are a fascinating way to explore your own financial intuition, but it is important to remember that investing involves risk and you should always seek professional advice before entering the market.