Do You Trust The Fortune Teller?

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The question in the title of my post is quite funny. Today I'm back with another prediction from Michaël van de Poppe, who I posted about a few days back. He's a full time trader from Amsterdam Stock Exchange, technical analyst, coach and he's posting these predictions on Twitter from time to time.

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This is one of his latest, posted yesterday, with a set of 5 cryptocurrencies that are making the news these days. His previous prediction was for 2022/2023, this is most likely for this year.

The numbers are impressive and if you have these coins in your bag, you may be smiling, rubbing your hands thinking of the nice profit you're going to make in case he's right.

Now the question is do you trust the fortune teller? Or, for those of you who don't understand the joke here, let me ask you in a different way. Who do you trust? What do you base your decisions on?

The answer is not simple and it is different for everyone. I bet if you'd run a poll about the matter, you'd be surprised how people are making decisions and who they trust.

For me, a statement like you've seen at the top of my post means nothing, no matter who said it. It only means something, if I see the proof. I appreciate this guy, even admire him for the knowledge he has accumulate (with hard work), but I need to see what he's basing his decisions on. He knows very well how things work in the crypto world, basically every analyst works the same way, so if you look deeper, you can find the proof.

This is the video with his analysis about ZIL and LINK, with charts, currencies and periods are compared.

I know know why, but many people hate charts. For me charts are the tools you can use to see where we are where we're heading.

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But there are exceptions as well. I fully trust the guy when he says Don't buy (doge), I trust him without a chart :D

Ok, jokes aside, this is a bull year, we all have the opportunity to make money, life changing money but only if we do it right. There are a bunch of influencers out there, you see them posting videos every day, but you don't know who's paid to shill which coin and it's hard to trust them. The best strategy in my opinion is follow a few, see if the market confirms what they say, then you know if they can be trusted, but even better if you learn how to read the charts and make your own decisions.

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If you look at the ZIL/BTC chart, you can see where we are now, compared to the ATH.

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It doesn't matter what I think, but the charts say what you see above is possible till the end of the year. I don't think anyone can predict when it's going to happen, but it's going to happen. Now the question is, do you have these coins in your bag? Besides Bitcoin, of course :)

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16 comments
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We gotta get him to make a prediction on HIVE!

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You can try but I'm afraid of the answer 😂
Trust me, I've been looking at charts for a month now and can see a lot of things. It's the alt season, but Hive .... it's like going backwards

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Chainlink and Cardano have both been a bit sluggish but who knows? The fortune I guess.

However, Ethereum and Litecoin are both capable of reaching those figures this year if you ask me

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Chainlink and Cardano are getting there, they just need a little time.

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Lol the Doge aspect is funny as fuck. I wouldn't buy doge now even if I was given free money for it.

Even if I was gifted doge, I would swap it without a second thought.

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Lol, me too. I can't stand doge and the hype as that's all there is. It's a joke 😂

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I have dust amounts of Zil and Litecoin.

It came from supercharger events and for Litecoin from what was left over from some Steem buys back in the day and a bit from a faucet.

Even if they reach those prices I'm not going to be retiring as a result any time soon. 😂

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You have BTC and Hive, so 💰💰💰🤑

But you haven't said anything about Doge 😂

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You have BTC and Hive

And some LEO and DEC and Starbits . . .

No Doge though. Wouldn't be much good to me as I'm no good at trading. So even if I'd bought some I would watch it go up and then watch it go back down. 😂

I need coins that have the potential to product good income returns.

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trust no one, be optimistic :D

no idea what is possible, no idea what charts say. i am sure chart did not say doge at 64 cents :D

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I have to agree with that. It's certainly not a reason to buy it now, but facts are facts.

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there is 14 million new doge a day so i thought there is no reason to buy at 20 cents :D but :)

i am sure i earned at least 70$ with my doge trade :)

and buying something that went 25000% up in the last year is probably not a smart thing :)

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