Note: Views presented in this article represents the perspective and opinions of the author and do not necessarily represent Coinlive or of its official policies.

All the things that go bump in the night draw nigh this coming Halloween, as the world transforms into a realm where the eerie, the uncanny, and the inexplicable reign supreme.

Regardless of whether you partake in Halloween festivities, the idea of the supernatural realm often permeates our consciousness, irrespective of personal belief.

As we immerse ourselves in this eerie and enigmatic month, it seems only natural to explore the uncanny.

This leads me to an intriguing question: Why do some individuals rely on unconventional methods, such as tarot reading, reading moon cycles, and the likes, to make predictions about the cryptocurrency market, a domain notorious for its tumultuous nature?

Crypto Investors Turn to Supernatural Means

Investors in both the crypto and stock markets have been known to employ intriguing and, at times, unconventional methods in their quest to forecast market dynamics.

Some have ventured into the realm of the subconscious, believing that precognitive dreaming can offer insights into stock market trends, while others have sought guidance from the ever-expanding realm of artificial intelligence (AI) chatbots.

The notion of predicting the future of digital currencies through these otherworldly methods might sound far-fetched, even absurd, but there is no denying that such practices have a dedicated following.

While sceptics are quick to dismiss such supernatural practices as nothing more than pseudoscientific hocus-pocus, some crypto enthusiasts genuinely believe in their efficacy.

A peculiar trend has taken root in Thailand, where an increasing number of investors are turning to divine forces and astrology for market predictions, including the realm of cryptocurrencies.

This phenomenon recently caught the attention of the cryptocurrency community on Reddit's r/cryptocurrency thread.

Source: Reddit

The People Who Can "Predict"

One notable figure in this movement is an astrologist known as "Pimfah," who oversees a Facebook group boasting a following of 160,000 members.

Here, individuals solicit and exchange tarot card readings, with some even seeking insights into the crypto market's future performance.

Source: Facebook

Similarly, a self-proclaimed fortune teller, Ajarn Ton, has cultivated a following of nearly 26,000 subscribers on his YouTube channel.

He has uploaded numerous videos wherein he attempts to predict the prices of various cryptocurrencies, all through the mystical lens of astrology.

His most recent forecast centres on Terraform Labs' crypto asset, Terra Luna Classic (LUNC), which, according to his predictions, could witness a staggering upsurge of nearly 50,000%, reaching $0.029.

Yet, at the time of writing, this cryptocurrency is trading at a mere fraction, hovering at less than $0.00005827.

On occasion, such mystical forecasts do align somewhat with market realities.

One prominent fortune teller, Mor Plai, made headlines locally earlier this year with her prophecy of a crypto market recovery commencing in November 2022.

In an eerie twist of fate, her prediction proved somewhat accurate, though it omitted the crypto market's turbulence associated with FTX's collapse.

During the crypto bull market of 2021, Maren Altman, a TikTok astrologer hailing from the United States (US), attracted a massive following, with millions of enthusiasts drawn to her Bitcoin price predictions guided by astrology.

In a conversation with Magazine in January, she expressed her natural inclination for financial astrology, which prompted her to explore its application in the realm of cryptocurrency.

Meanwhile, Didi Taihuttu, a Dutch Bitcoin enthusiast and the patriarch of the "Bitcoin family," made waves when he liquidated all their assets in 2017, choosing to subsist solely on Bitcoin.

Didi has developed a unique market indicator, combining moon cycles with directional trading data, to pinpoint opportune moments for Bitcoin trading.

In addition, a pseudonymous crypto-focused astrologer known as "Crypto Damus" has ventured into the realm of celestial predictions.

In a 19 October tweet, they speculated about the future of Bitcoin, stating that the alignment of Mars in a favorable sextile to Bitcoin's natal Mars, alongside Mercury's cazimi, suggests an optimistic outlook.

According to their interpretation, this celestial alignment signifies strength and is poised to catalyse a market surge.

#BTC Update

Mars is lining up to make a favorable sextile to #BTC natal Mars over the next several days, (with Mercury cazimi) an aspect that can show strength and pump the Market.

But the question is what happens after that ?

The overall transit of Mars in Scorpio…
— Crypto Damus (@AstroCryptoGuru) October 18, 2023
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The allure of supernatural predictions lies in the mystique, the hope for hidden insights, and the desire to gain an edge in the highly volatile world of cryptocurrencies.

But are these practices, as some critics argue, a mere diversion from more prudent investment strategies?

Supernatural Predictions' Allure

Why then, do people continue to flock to these bizarre, mystical practices?

The answer may lie in human psychology.

Cryptocurrency investment, like any form of financial speculation, is fraught with anxiety and doubt.

Investors often grapple with the fear of missing out (FOMO) and the nagging uncertainty that accompanies every decision.

Supernatural predictions offer a sense of reassurance and certainty, however misguided it may be.

They create an illusion of control in an otherwise chaotic market.

For those who yearn for a tangible connection between their actions and outcomes, seeking guidance from the supernatural offers a semblance of control and a refuge from the turbulent seas of crypto trading.

This human comfort is something I can attest to ─ I too have turned to the mystical arts for answers or reassurance when I was younger.

Moreover, social factors play a role.

In a world where influencers, bloggers, and YouTube personalities can wield significant influence, some investors may be swayed by charismatic figures who confidently employ supernatural methods, giving these practices an air of legitimacy.

Seeking Rational Alternatives

While cryptocurrency investment will never be a surefire endeavour, there are more grounded strategies to assess and anticipate market behaviour.

Research, fundamental analysis, and technical analysis can provide valuable insights.

Staying informed about market trends and regulatory changes is also crucial.

Additionally, diversifying one's investment portfolio can help mitigate risk and reduce the reliance on a single asset or cryptocurrency.

Learning to manage risk effectively and setting realistic expectations can be more constructive approaches in an environment where uncertainty is the norm.

We need to remember that the future of the cryptocurrency market remains uncertain.

Whether you believe looking to a higher power for answers or not, it never hurts to be prudent; always do your own research (DYOR).

*Disclaimer: Cryptocurrency investment is subject to high market risk. The statements made in this article are for educational purposes only and should not be considered financial advice or an investment recommendation. Always DYOR. Never invest more than you can lose — you alone are responsible for your investment.