As incredible as it may seem, there is an informal relationship between astrology and cryptocurrency investments. In fact, there is a tendency to predict financial fluctuations through the study of the stars.
Before continuing, you must keep in mind that this is not financial advice and is not intended to be a guide of recommendations. Therefore, we are not responsible for any personal decisions to invest or trade made by any individual.
What is Financial Astrology?
Financial astrology, also known as cryptoastrology, is a technique that attempts to anticipate the movements of the cryptocurrency market based on the interpretation of the stars.
In other words, some people use horoscopes and astrology as a guide to predict where the market is headed and make decisions accordingly.
Let’s Get Straight to the Point
The Bitcoin network started operating on January 3, 2009, when the first block, called the genesis block, was mined within the blockchain. Therefore, the sign to which BTC belongs is Capricorn. Given this, cryptoastrology would base its predictions on the astrological timing of the Capricorn sign.
For example, when the planets align favorably, it is a good time to predict that Bitcoin will rise. Conversely, during a retrograde period, it would be a time to speculate on price drops and sell.
This method of interpreting fluctuations would apply to the entire cryptocurrency market with the intention of taking advantage of these opportunities.
Can We Trust Cryptoastrology?
The answer is NO. While financial astrology can be a useful tool, it remains based on pragmatic beliefs. In other words, each person decides for themselves whether to believe or not and whether they want to try this alternative, understanding that any decision carries inherent risk.
So What’s the Point of Financial Astrology?
Well, astrologers present their perspective and predict possible trends, which provides information that can add value to technical analysis.
Let’s suppose that cryptoastrology predicts positive aspects for Capricorn and the price of BTC is at a low point. This information can guide us to buy and wait for it to rise.
Another aspect to consider is your own zodiac sign, because it is pointless for cryptocurrencies to have favorable aspects if your sign is under retrograde influence.
Investing Responsibly and Assuming the Consequences
Before making any type of investment, we must be aware that it is a risky market. Consequently, any action can cause losses, and we need to be conscious of that.
The cryptocurrency market can be volatile and unpredictable, which generates stress and anxiety among investors. Astrology is a fascinating tool that can help you navigate the complex world of cryptocurrencies.
However, it is important to remember that it has no scientific basis and does not guarantee success. Use it responsibly and combine it with other analysis methods to make informed decisions.
Finally, keep in mind that this is not financial advice and these are not recommendations. Therefore, we are not responsible for any personal decisions to invest or trade made by any individual.