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Are future prices written in the stars? Meet cryptocurrency-named Maren Altman, who combines astrology and day-trading cryptocurrencies into a winning combination.
In 1973, Princeton University professor Burton Malkiel published his book A random walk on Wall Street, In it he famously said: “A blindfolded monkey throwing darts at the financial section of a newspaper can choose a portfolio as good as the one handpicked by experts.”
Fast forward to 2013, and Rob Arnott, CEO of Research Affiliates, used AI to conduct research that mimicked monkeys and actually found that monkeys did better than experts and the stock market. Careful research has proven that success is the result of the “monkey method” that randomly selects companies, optimizing their success. A sobering thought, however, is that not only machines but primates also outperform humans in stock picking.
It may be a small step to determine the future price of Bitcoin from the potential of astrology. Unlike a stock’s performance that depends on the performance of a company’s business and its industry, a technical analyst’s prediction of Bitcoin’s price movement depends on looking at charts and patterns — similar to what astrologers do.
In the gutter, looking at the stars
So, how do you use astrology to predict the price of Bitcoin? Enter Maren Altman, who calls herself the “personal poet of the stars, especially on TikTok” and has risen to prominence over the past two years by using astrology to predict prices — but not without some controversy.
“I was always the weird girl who would ask people their horoscopes. In college, I used to make pocket money by doing character charts at parties. I’ve always been fascinated by astrology.”
Ultraman is a natural fit to run Bitcoin through a chart, using the genesis block as a date of birth — after all, anything with a date of birth can be plugged into an astrology chart. Altman bought some bitcoin back in 2017, but largely forgot about it until she became interested in it again in March 2020 when she was studying philosophy at NYU with other students — nothing More interest than a pandemic and soaring prices.
“I grew up with astrology, where patterns and cycles are tracked. I’m also familiar with financial astrology, so it made sense to apply it to cryptocurrencies,” Altman said.
it’s a big call
Her first notable call was in January 2021, where she observed that the new moon in Capricorn on January 13 looked like a big deal for Bitcoin. She went on to predict a decline followed by a bull run. Her call was prescient and Bitcoin continued to double in price until April. To counter this, she predicts that May will hit a new all-time high with modest success, while Bitcoin will struggle with its first notable decline in 2021.
Becoming a day trader has been lucrative for Altman, but not without pressure.
“It’s not enough to set the price; I have to be able to execute,” she said. “And, some days, I make mistakes and lose money, but it’s not the chart’s fault, it’s my fault.”
She sees astrology as a giant mirror in which certain planetary-aligned signifiers represent themes such as world growth, or even world aggression or peace. By reading these patterns and inflating them on what has already happened, she can track future movements, or in the case of cryptocurrencies, prices.
Altman admits that reading charts can be difficult — there is a pattern system, but there are also multiple cycles that can lead to misreads. Having said that, she is still ahead of the game.
“Either way, my transactions are 100 percent transparent. I share everything,” she said.
She started trading and posting on social media in earnest in the summer of 2020, and today she has over 1 million followers on TikTok and over 2 million followers across all social media.
“It just exploded in the summer of 2020,” explained Altman.
Altman shrugged when asked why she gained so much traction.
“I’m a bit of a character. I’m young, I’m a woman, I wear mostly red. But, I’m also serious, I’m not kidding myself, I make a living out of crypto. I guess it’s just in a perfect storm of weirdness Erupted.”
Did she predict January 6th, or was she just reading the paper?
It may also be down to her humor, calling President Biden a victory and a Jan. 6, 2021 uprising, although political professionals may have had similar success by reading newspapers.
She’s also picked out some high-profile features in tier-one publications like The Washington Post, Reuters, and The New Yorker — not magazines that often promote wildly improbable predictions.
When it comes to flipping NFTs, she used to scroll through her popular TikToks, explaining that she flipped an NFT to pay for a down payment on a Dubai apartment. It’s inspiring.
Mostly, though, her income comes from her trading, and she is reluctant to monetize her social activities.
“I’ve been hesitant to work with paid sponsors because everyone in crypto hates people monetizing social events. It’s just not done,” she explained.
She has written several articles for crypto trader and market analyst Mati Greenspan on his Quantum Economics platform, but she is not directly employed by him.
In other interviews, she mentioned her astrology academy, where she provides astrology training to paying clients. There are about 150 paying customers. She says her membership community of 1,000 people pays $7 to $50 a month for her teaching.
charting a course in a storm
At this point, I asked her if she had a lot of objections. Yes, she has gotten to the point where she has to flee the country because of death threats.
“New York was no longer safe for me, so I went to my friends in Dubai,” she said.
Altman is back in New York as we speak, but she mentions a trolling campaign spearheaded by a 2021 Rolling Stone article in which she is called white supremacist, racist, homophobic and trans gender phobia, etc. Worryingly, given her following, it accused her of plagiarism.
There’s a lot to unravel in the series of tweets and articles written during this time. BIPOC astrologers in the same field, including AstroDim, said Altman initially dismissed their comments that President Biden would die in office, but later retweeted a similar prediction.
On other social media, vegan Altman used provocative images and text to support her dietary choices. Again, it caused some backlash.
The more important you say, the more people will misrepresent you and take you out of context.
The key is to remember that what you have to say is more important than shutting up.
— Maren (@marenaltman) January 7, 2022
The BIPOC astrologer in the same article also maintains that there is widespread prejudice against BIPOC personnel on social media platforms, especially TikTok.
The BIPOC astrologer’s biggest complaint about Ultraman in that 2021 Rolling Stone article is that when Ultraman talks about the same topics as them, she gets more views. This may be more indicative of America than astrology.
Altman apologized in numerous videos for her comments and videos about gender fluidity, transgender people and animal/meat eaters before going offline during Mercury retrograde in Dubai.
According to Altman, she was not controlled by the crypto ringleaders, but by “mental lunatics” who invented a lot of their claims.
She did get a lot of attention – for better or worse – and there was even a Twitter account showcasing an even better profile of her tweets in which she claimed artificial insemination of cows was a form of sexual assault.
Promotes Eating Disorders and Persistent Moral Superiority pic.twitter.com/BImU7tO5Lf
— tweeted by maren altman (@marenaltmantwe1) February 9, 2021
Altman said she went to the police station when the threat escalated and there was now security.
a thread: #astrotwitter 2 nights ago I was shocked to see Maren Altman tweet that she has a legal team to deal with recent incidents involving her and the rest of the astro community, which doesn’t look good…
— Jalin (@C_Jalin) February 12, 2021
But if you believe the charts, what we can be sure of is that she is sure her future will be even more successful.
“Not famous because it’s a very heavy word, but I always knew I would be successful. It’s interesting that my own horoscope is completely focused on finance, and it didn’t make sense to me until now.”
“Over time I will move from day trading to angel investing, but I need to build my capital first.”
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