To many people, cryptocurrencies are mysterious opportunities to make money. Many of them are buying Bitcoin (BTC), Ethereum (ETH), and a range of Altcoins even when they are not sure of whether it is really meant for them.
Bitcoin Astrology, The rise of cryptocurrency astrology, When to trade Bitcoin and what astrology tells about it? TikTok Astrologers who predict bitcoin price and more about celestial objects being used to predict bitcoin are all topics hot and trending.
For instance, Girolamo Cardano – was an Italian polymath, whose interests and proficiencies ranged through those of mathematician, physician, biologist, physicist, chemist, astrologer, astronomer, philosopher, writer, and gambler. He was one of the most influential mathematicians of the Renaissance. He was one of the key figures in the foundation of probability and the earliest introducer of the binomial coefficients and the binomial theorem in the Western world. He wrote more than 200 works on science.
We are wondering what the astrologer facer of Cardano mean? His book about games of chance, contains the first systematic treatment of probability. He also has a section of cheating methods. He explored the ratio of favourable to unfavourable outcomes.
Richard Hinckley Allen tells of an amusing reference made by Samuel Butler in his book Hudibras:
Cardan believ’d great states depend
Upon the tip o’th’ Bear’s tail’s end;
That, as she wisk’d it towards the Sun,
Strew’d mighty empires up and down;
Which others say must needs be false,
Because your true bears have no tails.
IOHK CEO Charles Hoskinson announced “Gerolamo,” an interoperability system that links its public blockchain Cardano with its enterprise blockchain Atala.
Does it mean that the Bitcoin astrological works deserve to be listened to even when he is wrong? Was he actually wrong? Were we ignorant?
Considering the increased volatility in the cryptocurrency market, it is becoming important to gain new insights about how things stand in the cryptocurrency market and further on how the crypto price trends.
While intuition might prove to be a faithful guide, it becomes more important to justifying decisions, and it is not easier. We need reassurance, resilience, and above all, a receptive focus on the price trends. Every buy and sell decision is a challenging endeavor.
The most important assumption in technical analysis is that history repeats. When a set of events happen in the future, we believe that the past trends tend to repeat in the future. We expect the same outcome to happen as it was observed in the past. And, it practically makes sense to understand what this history repeats concept really means. We need to know the factors that are playing out in the chart. Based on the past and the similarity in patterns, we try to decide what is in store next.
There is a season for everything. There is a reason that makes every season the way it is. There is tremendous relevance in patterns and trends; however, the challenge is about: “What we think we know and why we think we know it.”
We rely on mathematics and data to investigate price trends. Narratives around BTC, ETH, and LTC have gotten us exposed to certain sentiments and convictions. Markets are moved by powerful storytellers. When the story is synchronized with charts, figures, and numerical data, a specific course of action can be initiated. And, the rest of the world catches on later. So, being the early bird of being late in the process of buying and selling matters a lot when it comes to profit-making.
It is also important to remember that mislead figures deceive, and some predictions can fail spectacularly. Quantitative information that is intriguing to brilliant minds supported by grand data analysis can help in systematically linking one pattern to a specific outcome.
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