New suscriber here..

Looking forward to see more of your work. I hope you are able to give some pointers in this market that can help avoid buying at the wrong time.

Seems like i have a lot of technical jargon to catch up on (newbie in bitcoins) - any good ideas where to read about RSI, bearish, bullish etc?

Maybe you shouldn't trade short term is such a small and volatile market?  Any market approaches a random walk on a small enough time scale.  It is only on the larger time scales that reliable patterns emerge.

Would you care to explain why a bitcoin will hit 40k or even 100k during 2014?

That would require an enormeous amount of fiat going towards BTC.. I have a hard time seeing how we will have a market cap of 40-100x the current.

So advice to newbies be very careful on short term.... following the short term reports did lose me BTC holdings over last 3 months.

Luckily im making those back now following my own short term instincts

Had I followed the subscription advice, I would have lost money as well.  I gave it enough time to see that I was better off trading based on news rather than his TA, regardless of what he claims here.  Just my experience.  Your mileage may vary.

whats the promo code though?

Huh?  Seems to me that 'buy and hold' is the only logical way to increase the odds of making money in such a market.  I'm up over 100x doing this...and not paying any attention whatsoever to the TA specialists or whatever.

I've no doubt that some people who play the markets have made more money than I, but to me it simply makes and already risky speculation even more so.  Many people who've tried to play the markets have probably come out worse for the wear, and all of them have paid a lot to the exchanges and so on.

Thank you for your comments and opinions.  Discussions such as these make us take a good look at what we do, why we do it, and what we can do to improve.  Below are a few comments about the concerns you raise:

-A service like ours exists specifically to cut through the noise and false signals you mention.  TA is an art, not a science, and therefore its effectiveness depends on the skill of the technician.  We think we have some of the most talented analysts in the game and their track record speaks for itself.

-There are 2 different classes of participants in any market: investors and speculators.  Each will have the same goal, capital appreciation, but will achieve the goal in different ways.  The investor is comfortable with sacrificing alpha for convenience and the trader is more concerned with abnormal profits at the expense of leisure/quality of life.  Your strategy works for you, others will approach the market in a way that works for them.  BTW, we think we can provide a benefit to both types, but for different reasons.

-TA is purely the study of psychology, behavior and sentiment as manifested in market price action expressed through a graphical representation known as a chart (see Chapter 1 of John Murphy’s Technical Analysis of the Financial Markets for a great explanation of what TA is and what is attempts to achieve).  This makes it particularly applicable to digital currencies which lack a corporeal quality and cashflow, rendering traditional valuation methodologies virtually impossible.  It is a momentum-driven market, and technicals are good at measuring exactly that.  Also, TA is no different than any other time series analysis you would apply to a dataset in order to glean insights that can provide an advantage in the marketplace.  Sure, nothing works 100% of the time, but anything over 33% success rate is beating the odds in a mathematical sense (market has three directions: up, down, and sideways.  You must choose only one making your statistical odds of success 33.33…%).

-Our reports are not vague, and any losses incurred by unprofitable analysis are quickly mitigated by the frequency of our updates.