Turned $12 into $100,000 by successfully betting 16 times in a row on whether Bitcoin would go up or down—this is pretty insane. Probably only possible on Polymarket, the 'real-life compounding myth of binary options.' How did they do it? Each time, buy Yes (Up) or No (Down). If the prediction is correct at expiration, you profit. If wrong, you lose everything. It’s exactly like betting on whether the price will be above/below a certain point in binary options. All-in compounding snowball: Starting with $12, they went all-in for 16 consecutive bets. Each time they won, they rolled over the entire principal + profit into the next bet, essentially compounding the 'option' returns infinitely. But the risk is extremely high—one wrong bet and it’s all gone. The interesting part is that prediction markets basically replicate the gameplay of binary options, which is pretty fascinating. Of course, this kind of strategy probably isn’t suitable for most of us.