A user known as ascetic0x converted $12 into almost $30,000 by placing a sequence of short-term Bitcoin wagers on Polymarket.

Sequence and accuracy of bets

The account placed a string of market bets forecasting where Bitcoin would trade and recorded 11 consecutive correct predictions, according to publicly visible wagers on the platform.

The trader began with small stakes in the range of $10–$100 and progressively increased exposure as the sequence continued, adjusting position sizes after each successful outcome.

Stakes and payouts

Bet sizes escalated to amounts of $700, $2,000 and $3,000, reflecting growing confidence or bankroll growth during the run of successful trades.

• The initial bankroll was $12, which grew through multiple successful short-term predictions.
• The largest single reported profit reached $11,000 from one market position.
• After the full sequence, the account balance approached $30,000, as visible in trade history snapshots.

Account history

The profile associated with ascetic0x was created a few months prior to the sequence, making the rapid gains notable within a relatively short public activity window.

Polymarket preserves trade records on its markets, enabling observers to trace bet sizes, outcomes and timing for users who choose public visibility.

Context and limitations

These results reflect a specific run of successful short-term predictions and do not imply consistent future performance for the account or the strategy employed.

Public betting platforms can show sharp balance fluctuations following streaks of wins or losses, depending on stake sizing and market moves.