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How do I earn money with Predictious?

Last Updated: Feb 20, 2014 11:26PM GMT
A market will always settle at either m฿0.00 or m฿10.00 (where m฿ means milliBitcoin, also called milliBit, 1m฿ equals 0.001 Bitcoin). All shares are bought or sold at prices somewhere in between these two price points. The price at which you buy or sell shares will determine how much you can win, and how much you can lose.

When you buy shares you make a profit if the price of the market goes up. Your profit is maximized if the market is settled at m฿10.00 (as opposed to m฿0.00). If you sell shares then you make a profit if the price of the market goes down. Your profit is maximized if the market is settled at m฿0.00 (as opposed to m฿10.00).

Let's look at a couple of examples:
  • You buy shares at a price of m฿7.00. If the market settles at m฿10.00 then you have a profit m฿3.00 per share. If the market settles at m฿0.00 then your loss is m฿7.00 per share.
  • Let's say you sell shares at m฿4.50. If the market settles at m฿10.00 then you lose m฿5.50 per share. If the market settles at m฿0.00 then you have a profit of m฿4.50 per share.

​Tips:
You don't have to wait until the market is settled before you win or lose money - you can also exit your prediction early to take a smaller profit or to limit a potential loss.
You can sell shares without owning any, if you want to read more about this, visit this article.
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