🇺🇸🇰🇷 Galaxy finds 7 out of 10 multi-market retail traders are losing money
- A study by Galaxy Research reveals that over 69% of retail traders on Polymarket are losing money, with total losses reaching up to $338.9 million.
- The study shows that although most losses are small, a significant portion of traders have suffered large losses, and those who lose money are more likely to stop trading.
- Legal challenges for Polymarket are increasing, with lawsuits in the United States and investigations in South Korea raising questions about the legality of the company’s gambling activities.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- A study by Galaxy Research reveals that over 69% of retail traders on Polymarket are losing money, with total losses reaching up to $338.9 million.
- The study shows that although most losses are small, a significant portion of traders have suffered large losses, and those who lose money are more likely to stop trading.
- Legal challenges for Polymarket are increasing, with lawsuits in the United States and investigations in South Korea raising questions about the legality of the company’s gambling activities.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
