Astrological interpretation of Crypto is not mysterious: seeking psychological comfort through alternative value prediction tools for self-fulfilling prophecies
In the digital age of the 21st century, as cryptocurrencies gradually become the focus of global investment, who would have thought that ancient astrology would intersect with it?
Recently, a news story from Thailand has attracted widespread attention: an astrologer named "Pimfah" successfully drew 160,000 people to join her Facebook group, providing market predictions based on tarot cards, particularly regarding the trends of cryptocurrencies.
A Twitter cover image of a cryptocurrency fortune teller
This phenomenon has not only caused a stir in Thailand but has also sparked lively discussions in the Reddit r/cryptocurrency community. The intertwining of the ancient and modern, the mysterious and technological, brings us an intriguing topic: in the era of cryptocurrencies, can financial astrology truly provide valuable guidance for investors? In this article, we will delve into the cultural, historical, and scientific factors behind this phenomenon, attempting to answer this captivating question.
A Glimpse into the Mystical Predictions of Cryptocurrency Markets: An Astrologer Attracts 160,000 Followers Using Astrology
In the world of finance, predicting market trends has always been a fascinating and perennial topic. Since ancient times, from subconscious "prophetic dreams" to modern AI chatbots, investors have been exploring various methods to predict market fluctuations. In Thailand, a new and unique trend of prediction is emerging: investors are turning to deities and astrology to forecast the market, especially the trends of cryptocurrencies.
An astrologer named "Pimfah" has successfully attracted 160,000 followers on Facebook, where they share the results of tarot readings and discuss the potential implications of these results for the cryptocurrency market. On YouTube, astrologer Ajarn Ton's channel has also garnered significant attention, as he uploads hundreds of videos attempting to use astrology to predict the prices of various cryptocurrencies. For instance, his recent prediction stated that Terraform Labs' cryptocurrency Terra Luna Classic (LUNC) would rise nearly 50,000%, potentially reaching $0.029, while its current trading price is less than $0.000055. Although the market is generally rising, whether LUNC will truly turn around remains a point of curiosity for many.
Famous Thai astrologer Mor Plai participating in a TV variety show
It is noteworthy that these predictions sometimes do align with market trends. For example, renowned astrologer Mor Plai successfully predicted the recovery of the cryptocurrency market in November 2022, a prediction that was later confirmed to be quite accurate.
Rooted in Traditional Cultural Values, Many Countries Have Seen a Surge in Divination Predictions for Investment Markets
Why has this type of divination prediction market emerged in Thailand? Primarily because Thailand is a country with a rich culture and deep-rooted belief traditions.
In this country, faith and spirituality are seen as important components of life. In addition to Buddhism, Thais also believe in various deities, spirits, and ancestral souls. This belief in supernatural forces is deeply embedded in Thai culture and traditions, with over 80% of people believing in the existence of deities. This profound faith provides fertile ground for the application of astrology in the financial sector, making the emergence of investment trends based on tarot and astrology unsurprising.
In stark contrast to the situation in Thailand, the Western attitude towards the combination of astrology and the cryptocurrency market is more conservative. Although some have attempted to use astrological signals to predict cryptocurrency prices, this method has not gained widespread attention in the West.
Financial astrologer Maren Altman, who became popular on TikTok
In the West, while divination methods such as tarot are also quite popular, they are often viewed more as a form of entertainment and social skill rather than a serious predictive tool. However, over time, with the rise of astrologers like Maren Altman on social media platforms like TikTok, financial astrology has gradually gained some attention in the West. Altman has attracted millions of followers with her astrology-based Bitcoin price predictions. Additionally, investors like Didi Taihuttu combine lunar phases and trading data to predict buying and selling opportunities for Bitcoin, indicating an open attitude towards the application of astrology in finance in the West.
The Tradition of Astrology Predicting Financial Markets Has a Long History and Is Currently Thriving in the Crypto Sphere
The combination of astrology and finance is not a recent phenomenon; it is a traditional occurrence with a long history. Predicting market trends has always been a significant challenge, and over time, people have tried various methods, from traditional technical analysis to complex algorithmic models.
The roots of financial astrology can be traced back to ancient Babylon, where astrology was used to predict crops and weather. Babylonian astrologers believed that the movements of planets were related to earthly events. This concept was passed down to ancient Greece and Rome, where philosophers and scholars attempted to apply it to economics and politics. During the Middle Ages, with the rise of commerce and trade, financial astrology gained attention in Europe.
By the early 20th century, with the development of modern financial markets, astrologers like W.D. Gann and Henry Weingarten studied the relationship between planetary movements and markets, believing that planetary movements could predict market trends. This ancient method combines astronomy and economics to help investors forecast market movements.
In modern financial markets, financial astrology has evolved from a fringe area to one that attracts the attention of certain investors and analysts. Especially in the cryptocurrency and global stock markets, this ancient predictive method is being rediscovered and applied.
With advancements in technology, modern financial astrologers can now use sophisticated software and tools to analyze planetary movements and aspects more accurately, providing investors with more detailed and precise market predictions. For example, some astrologers use specialized financial astrology software to analyze the relationships between planets and specific stocks or cryptocurrencies to predict their future price movements.
However, despite its popularity in certain circles, financial astrology remains a controversial field. Many traditional financial analysts and experts express skepticism about this method, arguing that it lacks scientific basis. Nonetheless, as market complexity and uncertainty continue to increase, financial astrology offers investors a unique perspective to help them make decisions in a complicated market environment.
The cryptocurrency market is characterized by high volatility and uncertainty, which can make traditional financial analysis methods less effective in certain situations. Financial astrology, as a predictive method based on cosmic energies and planetary movements, may provide investors with a new perspective. For instance, some astrologers believe that the movements and phase changes of planets may be related to the price fluctuations of cryptocurrencies.
However, this method also faces many criticisms. Critics argue that financial astrology is pseudoscience, and its predictions are largely based on coincidence. Nonetheless, it is undeniable that as the cryptocurrency market develops, financial astrology may play a larger role in the future.
Exploring the Essence of Astrology in Investment Predictions: The Role of Self-Fulfilling Prophecies
Astrology, as an ancient predictive method, has indeed garnered some attention in the cryptocurrency market in recent years, and occasionally it has proven to be accurate, attracting more investors to participate, forming a new skill phenomenon—cryptocurrency astrology. However, is this truly a hardcore skill? When we discuss the combination of this astrology with the crypto financial market, a core psychological phenomenon emerges: self-fulfilling prophecy.
A self-fulfilling prophecy refers to the idea that when people believe something will happen and act based on that belief, their actions may lead to that outcome actually occurring. From a financial market perspective, this means that when a large number of investors believe in a certain prediction and act accordingly, their actions may, in fact, cause the prediction to come true.
For example, if a famous astrologer predicts that the price of a certain cryptocurrency will rise, a large number of investors may start buying that cryptocurrency. This mass buying behavior could drive up the price, thereby making the prediction a reality. Moreover, most investors tend to follow the crowd in their investment strategies, exhibiting herd mentality. Such "masters" of astrology can create a platform that brings together a large number of followers, forming a unified approach to either invest in a promising project or withdraw from a project deemed unfavorable, thus causing real prices to align with predicted outcomes. In this cycle, followers of these fortune-tellers may become increasingly convinced that their astrologers can indeed predict market changes. Repeatedly manipulated in this way, when a certain fortune-teller amasses a sufficiently large following, their words may genuinely influence market developments, but this already strays from the function of market prediction.
Conceptual image of financial astrology
This implies that astrology or other non-traditional predictive methods do not inherently possess the ability to predict financial markets. In reality, it reflects more the collective psychology and behavior of market participants. When a large number of people believe in and take the same actions, the market often exhibits strong trends.
Therefore, for investors and traders, the key is to view this phenomenon scientifically. Rather than blindly following a certain prediction or belief, investors should conduct thorough research, combining various information and data to make decisions. At the same time, they need to be aware of market uncertainties and risks, avoiding over-reliance on any single predictive method.
Self-fulfilling prophecies are an interesting and complex phenomenon that reveals how the collective psychology and behavior of market participants influence market trends. However, investors should remain calm and rational, viewing the market and predictions scientifically to ensure they make informed investment decisions.
The Essence of Financial Astrology as a Unique Perspective on Value Prediction: Investors Expect a More Robust Market Mechanism
In the digital age, as cryptocurrencies intertwine with ancient astrology, we face a unique phenomenon. This combination reveals how culture, belief, and technology interact in a globalized context. Although financial astrology is regarded as a valuable predictive tool in certain cultures and communities, it remains a controversial topic in modern finance.
For investors, the most important thing is to understand and weigh the advantages and limitations of various predictive methods. Astrology may provide unique insights and guidance for some, but it cannot replace traditional financial analysis and research. In the uncertain and volatile cryptocurrency market, investors need to be more cautious, ensuring that their decisions are based on comprehensive and in-depth research and analysis.
Furthermore, the phenomenon of self-fulfilling prophecies reminds us that market behavior and trends are often influenced by the beliefs and expectations of participants. This indicates that there is a complex interaction between predictions and market behavior, an area that financial scholars and researchers need to explore further.
Overall, the combination of astrology and cryptocurrencies provides us with a unique perspective, showcasing how culture, belief, and technology interact in the global financial market. However, regardless of which predictive method we choose, we should maintain critical thinking to ensure our decisions are based on science, research, and facts.