Crappy Joe may make you richer- An unconventional way of making money

Theresa May, the UK prime minister has a very miserable life since she took over the power a couple of years ago. It has been a total mess for her to manage the process for Brexit and until now there is still no clue for anyone whether Brexit will truly materialize and if yes, a smooth process or worse a chaotic struggle to get divorced from the EU.  Her whole PM life seems just being struggling with one nightmare, the Brexit battle! While I can feel her pain for the Brexit chaos, I’m actually making some money from it, believe or not. No, it’s nothing to do with stocks or options but an interesting unconventional way to “trade” for opinions. I guess you must have heard the idea of sport betting, right? Very similar in this case but it is all about your opinion on virtually anything. Based on your understanding on something, you can bet with money for its outcome within a specific timeframe. The process is very like buying a stock. For each opinion outcome, one share worth $1. Then depending on how much you pay for the outcome, you either win or loss with the gain/loss by the difference between what you pay and the dollar per share. For example, about 3 weeks ago, I bet for the opinion whether or not the UK Brexit would happen by Mar 29, the original planned date. Based on all my reading, I was of the opinion that there was virtually impossible that Brexit would happen by Mar 29. Of course, not everyone would agree. So at that time, each share of betting no Brexit by Mar 29 worth about $0.8. By now we all know that Brexit didn’t happen on Mar 29, i.e. I won. So I got $1 for each share I bought, a gain of 25% within about 2 weeks. Not a bad game result, right? Of course, just like anything else, there is no guarantee and one could lose as well with such kind of betting. But here is the thing. If you have strong opinions on something, you may voice your mind with your money. That’s much exciting than just arguing with others in the social media in my opinion. In other words, money can really talk for you.

You may find all kinds of opinions for global issues around the world in this game. For example, one hot issue right now in the US is about “Crappy Joe”, the former vice President’s nightmare for his sneaking behavior such as nose-rubbing, kissing, or hair inhaling to females. We all know the DEMs have engineered the stupid Me-Too movement that any woman can accuse any male for sexual harassment without need to prove anything. They frequently use this to attack political opponents but right now it seems they are backfiring on themselves and Crappy Joe is the one to endure the pain. Actually I think each DEM male politician running for office should be Me-Too’ed so that they can understand how damaging this mindless movement can be for themselves! So the big question for Joe is whether or not he will officially enter the 2020 President campaign. Just a couple of weeks ago, the odds for his running for the President was worth $0.85. Following the scandal, this chance has dropped to about $0.60 and changing. So while the Crappy Joe is feeling the pain, you may make money from his pain by voting with your money.

If you find analyzing stocks for trading is too hard for you, you may find this one as an alternative money-making opportunity as it is much easier to trade for your opinions. There is no TA to analysis, no trendlines to watch, no moving averages, no overbought/oversold to worry, no nothing. The only thing you must have is your opinion on something! It is as simple as this!! But again, always remember, there is no free lunch. When there is a gain, there is also a loss on the other side. Trade accordingly based on your risk tolerance. If you find this is interesting to you, go to https://www.predictIt.org to register and fund your account. And then you are good to go to trade for your opinions!