A video by The Bitcoin Guy turned me on to markets being affected by the moon cycles.
Swing Trading & The Shemitah
By The Bitcoin Guy
youtube.com/watch?v=3V5zc8xeb1c&feature=share
This chart shows the new moons and the full moons. In today's bear market, the large downward movements are consistently after new moons. Simply sitting out the new moons in a stablecoin would have prevented most of the losses coming down from $40k.
Thoughts on DCA: If you set your DCA on each full moon, you will end up like 15% further ahead. This is because full moons seem to bring upward movements. If you DCA on the new moons, you'll constantly be losing 15%.
In a bear market, it might be a good strategy to set shorts on the new moons as most of the large action is in the downward direction.
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Note that this is not investment advice. This is not a bulletproof phenomenon we are observing. On a recent full moon, there was a 17% drop in price. That cycle is noted with an X. One would have been down had they bought on that full moon. So do your own due diligence.
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Also the Shemitah is coming up at the end of September. Expect large downward movement starting September 24 or September 25. Watch the video Swing Trading & The Shemitah linked above for a prediction on that.
Swing Trading & The Shemitah
By The Bitcoin Guy
youtube.com/watch?v=3V5zc8xeb1c&feature=share
This chart shows the new moons and the full moons. In today's bear market, the large downward movements are consistently after new moons. Simply sitting out the new moons in a stablecoin would have prevented most of the losses coming down from $40k.
Thoughts on DCA: If you set your DCA on each full moon, you will end up like 15% further ahead. This is because full moons seem to bring upward movements. If you DCA on the new moons, you'll constantly be losing 15%.
In a bear market, it might be a good strategy to set shorts on the new moons as most of the large action is in the downward direction.
---
Note that this is not investment advice. This is not a bulletproof phenomenon we are observing. On a recent full moon, there was a 17% drop in price. That cycle is noted with an X. One would have been down had they bought on that full moon. So do your own due diligence.
--
Also the Shemitah is coming up at the end of September. Expect large downward movement starting September 24 or September 25. Watch the video Swing Trading & The Shemitah linked above for a prediction on that.