Bitcoin Wild Swings Continue. Down 25% In Two Days.

Check out the chart below. Is that something you want to invest in?

If your answer is YES, you have got more balls than brains. Taking merits of this digital currency aside, at the end of the day no one really knows how much bitcoins are worth. They could be worth $1 Million or they could be worth $1. It is purely arbitrary. You can’t value it and as such it is not an investment. It is a pure speculation. Anyone who claims otherwise is full of shit.

Is there utility in Bitcoin. Certainly. However, the utility part can be equated to early American colonial times, where every little town had its own currency. Same thing will happen with onslaught of digital currencies over the next decade. Who will win? One thing is for sure. I am not smart enough to figure it out, but good luck speculating in Bitcoins.

bitcoing chart

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Bitcoin Wild Swings Continue. Down 25% In Two Days. Google

February 4, 2014

Who Makes More Money, Investors or Speculators?

Today’s 5 Minute Podcast Covers The Following Topics:

Reader’s Question: “Is it better to be a long-term investor or a speculator. Who makes more money?” – Robert Casper, TX

Why This Is The Wrong Question To Ask.
The Secret Truth Wall Street Doesn’t Want You To Know.
Who Makes More Money.
Who Should You Be In Order To Maximize Your Returns.

Please tweet me your questions @investwithalex

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January 24, 2014January 24, 2014

Why The Market Top Is In And What You Should Do Next

Long Term Dow Structure35

In my earlier blog posts I have mentioned that we had a cluster of very important turning points showing up around December 31st, 2013 and January 1st of 2014 (based on my cycle work). Indicating a significant turning point.

Yet, my mathematical work at the time didn’t confirm. That is until Tuesday of this week. You can blame a simple brain fart or a lack of sleep on my part.

I have shown the chart above before. To prove to you that the stock market is not random, but quite the opposite, it is exact. Showing you that there was only a 22 point variance over a 16 year period of time. Further, when we take the values on the chart above and do a few simple calculations we get a value of 12,935.

So what?

Based on my calculations, the move between March 2009 bottom to December 31st, 2013 top on the DOW was exactly 12,836. That is an exact hit with 0.7% variance. With cycle work and mathematical confirmations coming together, I have no choice but to call for a market TOP.

(***What calculation? Please get my book titled Timed Value coming out this Monday for further explanation. It would take too long to explain here).

Now, even though the market top is in, we have to wait for a technical confirmation before taking our short position. Based on my previous experience that is a prudent thing to do.

What should you do next?

Option #1: If you are in stocks, start getting out and going into cash. Earning 2-5% annually is heck of a lot better than losing 30-40% over the next 3 years (the length of upcoming bear market). Plus, you will have money when the bottom comes to buy some wonderful companies at give away prices.

Option #2: Profit on the short side. At the same, this will be a very difficult thing to do. The upcoming bear market is unlikely to be directional. My work shows that it will closely resemble the 2000-2003 bear market with a lot of ups and downs. As such, it will be difficult to make money on the short side.

The best advice I can give you is this. Protect and accumulate cash. Once we hit bottom in 2017, the market will start its 18 year bull market.

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Why The Market Top Is In And What You Should Do Next

January 17, 2014

How To Make A Killing In The Stock Market

InvestWithAlex Wisdom 11

Today’s 5 Minute Podcast Covers The Following Topics and is in direct response to one of my readers questions, “What do I have to do to make a killing in the stock market, fast?” – Robert Hitt

Your options and what no one else will tell you.
The secret way to getting it done.
How you should position yourself now.
How big are you cojones?

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November 27, 2013November 27, 2013

The Secret Behind Bitcoin Madness. Should You Invest?

BusinessWeek Writes: Bitcoin Buyers Beware: Being Greedy Ain’t Easy

Fitting, then, that the price of a Bitcoin just crossed—at least for a little while—the $1,000 mark.

Money men who proudly call themselves greedy say that Bitcoin remains undervalued at that price. The preferred currency of online drug dealers, it’s just beginning to become a bit more mainstream. Folks such as Richard Branson are talking about accepting Bitcoin for flights on Virgin America (or, soon, spaceflights on Virgin Galactic). Stores in Silicon Valley will let you buy a sandwich and sushi with the virtual currency. Each new level of visibility is likely to push the value of Bitcoin higher.

Advocates of Bitcoin use liken the currency’s position to the Internet in its early days. We’re in the dial-up phase, they say—you should buy in before the boom of all booms arrives.

Read The Rest Of The Article Here

“You should buy in before the boom of all booms arrives”, WOW is all I have to say. If that is not a clear sign of speculative mania, I don’t know what is.

I have written about Bitcoin before. You can see it here “Bitcoin: Crazy or Smart”

Even though the currency has appreciated significantly since that write up, I continue to maintain my position. Primarily, that the Bitcoin is nothing more than a speculative investment that warrants no capital outlay. My biggest problem with Bitcoin is not having the ability to measure and/or analyze its value at this stage. It can be worth zero or it could be worth $1 Million. In fact, some speculators believe that it should be worth $1 Million. Indeed.

Given its volatility, unpredictability, tiny float and no real value, Bitcoin remains a highly speculative investment. Certainly, it can go to $1 Million just as easily as it could go to Zero. Overnight. As such, only speculators who do not care about losing their money should apply. I maintain my position that traditional investors must stay away. This is nothing more than a drunken Tulip Mania.

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The Secret Behind Bitcoin Madness. Should You Invest?