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The author's point seems to be that applying astrology to any decisions (not markets in particular) is stupid, speculating on crypto is stupid, and combining th
by lern_too_spel 5y ago
The author's point seems to be that applying astrology to any decisions (not markets in particular) is stupid, speculating on crypto is stupid, and combining the two will give you an audience of especially stupid people who are willing to part with their money.
- dcow 5y agoMarkets are human things. If a non-zero subset of humans turn to astrology (as Maren's 1MM+ followers might suggest), even if only partially, when making any decision, wouldn't it be reasonable and quite rational to think that the market might actually move in relation to astrology events if enough of these "stupid" people are participating? Wouldn't that be the "smart" conclusion?
- deleted 5y ago[deleted]