New Tycoon Plus Review
Are you looking for a full New Tycoon Plus review?
Great, then you are in the right place…
New Tycoon Plus is one of the latest make money online cryptocurrency opportunities to recently appear on the internet through social media and email channels.
But the question everyone is asking is, can New Tycoon Plus really make you money or is it just another online scam?
Before I start…
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New Tycoon Plus – Introduction
Before I get into my full review of New Tycoon Plus I wanted to touch on a trend that is happening a lot within the cryptocurrency niche at this very minute. There are lots of fake offers and opportunities springing up on the Internet under the guise of cryptocurrency when in fact they are just general scams.
One thing that is becoming increasingly apparent with these types of fake opportunities and scams is that the people behind them are becoming more and more sophisticated. Websites look much more professional than they ever used to and this is down to the availability of great looking themes on WordPress that are very easy and quick to customize.
I’m not suggesting that New Tycoon Plus is a scam at this stage of my review but I want you to be aware that scams in the cryptocurrency niche are becoming more and more prevalent. Only recently, opportunities such as you as USI Tech and the Davor Coin were available for people to sign up to and to invest in but unfortunately, both of these opportunities collapsed leaving many people without the ability to recover their investments.
New Tycoon Plus – My Review
So if you have already taken a look at the New Tycoon Plus website you will notice that it looks extremely professional and that New Tycoon Plus presents itself as a legitimate opportunity for cryptocurrency investors to make money.
New Tycoon Plus is essentially a business that operates in the cryptocurrency Cloud Mining niche which means that they have purchased the hardware infrastructure and necessary software to run a Bitcoin mining operation and are giving would-be investors the opportunity to join them in the mining operations success.
For those of you that don’t understand how bitcoin mining works essentially bitcoin mining is the process of solving and writing to the blockchain the bitcoin transactions that take place across the cryptocurrency network.
For each cryptocurrency transaction that is placed against the blockchain the miners or mining operation receives a payment for completing the transaction, these payments are the income received by bitcoin mining operation owners.
What New Tycoon Plus does is it gives you the opportunity to take part in a mining operation without having to lay out any of the initial capital to purchase the mining infrastructure and hardware and as I’m sure you can appreciate purchasing this type of equipment in the quantities that are required to run a successful mining operation cost a considerable amount of money.
But the question is, how do you know that New Tycoon Plus actually owns bitcoin mining hardware?
Sometimes a very good rule of thumb with these types of make money online/cryptocurrency opportunities is that if it sounds too good to be true it probably is.
There are a number of things that concerns me about New Tycoon Plus and I will delve into these a little deeper as we go through this review.
One of the first things that springs to mind about New Tycoon Plus is the fact that their website was only registered in December 2017 and at the time of writing this review and the opportunity being available to people to participate only three months have passed. I’m sure you can appreciate that putting in place the infrastructure including hardware and software to run a substantial bitcoin mining operation takes a lot longer than three months.
You could argue that New Tycoon Plus has been in the process of setting up their infrastructure long before they ever decided to register their website but I would argue that in this day and age most businesses looks to at least register their domain, to protect their brand identity, before they spend a considerable amount of time and energy in setting up the actual business.
One of the other things that also concerns me at this stage is that the people responsible for setting up new tycoon plus also appear to be the founding members of SuccessLife which is the world’s first global marketplace for premium personal and business development content. I’m not really sure if Richard Tan is both the founder and chairman of both SuccessLife and New Tycoon Plus or whether his photo has been used without his knowledge.
New Tycoon Plus – And How it Works
As I said previously in this review new tycoon plus is a cloud mining opportunity which means it gives you the opportunity to own a stake in a bitcoin/cryptocurrency mining operation. The beauty of a cloud mining operation means that you don’t have to front any of the initial capital that is required to put in place the infrastructure hardware and software required for a successful bitcoin mining operation.
When you join a New Tycoon Plus you are joining an opportunity that is structured very similar to a renting model. So essentially you purchase in $100 increments segments of the mining operation hardware. These purchases last for seven months at which point New Tycoon Plus will purchase the segments back from you.
While you own the segments, which you would purchase in multiple increments of $100, you lease back to New Tycoon Plus so that they can run the mining operation. Whilst this leasing agreement is in place which as I described above will last for seven months you receive a 6% return on your investment each month, however, there is a one month waiting period before any returns are paid you.
The way this model works is that opportunities like New Tycoon Plus present themselves as a start-up mining operation that needs capital investment from the general public in order to maintain their existing mining operation infrastructure and to purchase new hardware and to the individual investor this looks like a great model to be able to be part of the cryptocurrency mining that would otherwise be out of their reach.
The biggest concern I have at this stage of the review is that there is nothing to suggest on the website that new tycoon plus even own a single piece of hardware.
These types of opportunities present themselves as really easy schemes or systems that can adopt a Ponzi model. Ponzi schemes work on the basis that new investors deposits or investment funds are used by the owners of the opportunity to pay the current members the contractually agreed return on the investment which in the case of new tycoon plus would be the 6% per month return that they state you will receive whilst leasing hardware back to New Tycoon Plus.
Something that isn’t visible on the New Tycoon Plus website but is available on websites where New Tycoon Plus is presented as an opportunity to affiliate marketers is the fact that New Tycoon Plus are offering very generous commission payments to affiliates who recommend people that join New Tycoon Plus. This type of arrangement is very typical of these fake or scam opportunities.
Something I mentioned above that is very interesting is the fact that you have to wait one month before receiving any returns on your investment.
What is the purpose of this one month waiting period?
Is it so New Tycoon Plus can purchase and set up your hardware? Or is it so that they have sufficient time to recruit new members that would enable them to pay you your returns?
One thing that is always guaranteed with Ponzi schemes is that when the membership reaches capacity or when the scam has been sufficiently exposed the Ponzi scheme will collapse which means that the website will disappear as will the owners with all of the investors’ outstanding money.
New Tycoon Plus – My Conclusion
New Tycoon Plus provides would-be investors with the opportunity to join a cryptocurrency mining operation without having to lay out substantial amounts of money on infrastructure i.e. Hardware and Software etc.
Investors buy segments of the mining hardware for $100 investments, these purchases last for 7 months at which point New Tycoon Trader purchase the segment back. During the 7 month purchase period, these segments are leased back to New Tycoon Trader in return for a 6% return on the initial investment.
This looks like a win-win arrangement for any cryptocurrency mining investor.
However, this opportunity has all the hallmarks of a hurriedly put together Ponzi scheme. Scant detail on the corporate website which was registered only 3 months ago. Sketchy photos of suggested founders that look to have been taken from another website and no real evidence of any mining equipment or capability.
New Tycoon Trader has all the hallmarks of a Ponzi scheme!
I won’t be recommending New Tycoon Trader to my readers or subscribers for all the reasons I have mentioned above. I have seen far too many of these scam systems in the past to be taken in by yet another.
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Banking on Blockchain Review
Are you looking for a Banking on Blockchain review?
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In today’s review, I’ll be taking a close look at this new online opportunity called Banking on Blockchain. Banking on Blockchain was brought to my attention by a friend who suggested that I should take a closer look at this new make money online opportunity.
Is Banking on Blockchain all it’s cracked up to be or is it just another make money online scam?
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Banking on Blockchain - My Review
The Banking on Blockchain website claims that it is an automated trading platform that will enable its members to generate daily profits in excess of $700. According to the claims made on the Banking on Blockchain website the trading platform offers members an advanced software suite that has been developed by hundreds of system developers and a world-renowned trading strategist.
According to the owners of the Banking on Blockchain website, the Banking on Blockchain platform provides members with an advanced trading algorithm that can be used completely free of charge to generate large daily profits.
I don’t know about you but I think anyone with little experience of cryptocurrency and the cryptocurrency markets would find an offer like this extremely attractive, especially if they were looking to invest so that they could change their lives.
And this is one of the major problems with opportunities like this, is that inexperienced people will get taken in by the outlandish claims made of high daily investment returns that require little or no work.
Banking on Blockchain - How it Works
If you are wondering how Banking on Blockchain actually works then you’re not alone because from the website you will find a lot of detail about the opportunity itself but very little on the developers who built the trading platform or the strategist who developed the algorithm.
I would suggest that the old saying ‘if something is too good to be true it probably is’, is actually very true in the case of Banking on Blockchain and represents really good advice.
It’s very rare in any industry where thousands of dollars have been spent on developing a platform and/or system, as in the case of Banking on Blockchain, remember this has been built by hundreds of developers and a world-renowned strategist, that that system would then be given away for free.
So let’s take a look at what would really happen if you signed up for Banking on Blockchain.
Once you have entered the required details you will be given access to the trading platform and system but what you don’t realise, at this stage, is that you are now in a sales funnel in which the owners of Banking on Blockchain are forcing you to deposit funds, in excess of $250, with one of their partner brokers. Once you have made your deposit the owners of Banking on Blockchain will receive a rather healthy affiliate commission.
At this stage of the review, I am suggesting that, if you are still interested in registering with Banking on Blockchain and perhaps even depositing funds with them to invest, that you take extreme caution and at the very least read this review to my conclusion.
Only yesterday I wrote a review for a similar opportunity called Bit Bubble Tech. Bit Bubble Tech used the same software/platform/system in order to achieve the same goal of getting people to place deposits of in excess of $250 with brokers.
This type of opportunity is becoming more prevalent within the cryptocurrency niche and was 18 months ago prolific within the Binary Options Trading niche. The opportunity in both the cryptocurrency niche and the binary options trading niche work in exactly the same way and hoped to achieve exactly the same thing; that being to generate commissions for the website owner following a deposit of $250 or more.
What I know now is that the platform and system being used by both opportunities is actually fake and does nothing more than randomly generate trades which inevitably lead to you losing your investment deposit simply because there is literally no thought behind the proposed trades.
I think it’s clear to see at this stage that the owners of Banking on Blockchain are really not interested in you making the claimed $700 per day but are rather more interested in you depositing funds with their associated broker.
Banking on Blockchain - My Conclusion
Banking on Blockchain is a ‘make money online’ cryptocurrency opportunity that claims you can make upwards of $700 a day just by signing up, registering with them and depositing funds in your account to use with their unique trading platform which has been designed by hundreds of developers and a world-renowned trading strategist.
We now know that Banking on Blockchain is actually a fake opportunity and a scam which tries to entice people with exaggerated daily income investment returns in the hope that interested parties will become a member and then deposit trading funds. The minimum trading fund a member can invest is currently $250.
We also know that the Banking on Blockchain technology is also fake and has been used in a number of other fake opportunities of a very similar nature. This software does nothing to help you make money, in fact, because of the random nature of the suggested trades the software provides you are very likely to end up losing your investment deposit.
If you are genuinely interested in the cryptocurrency markets and making money from trading cryptocurrency then there is absolutely no reason to use a trading platform like Banking on Blockchain. You can simply sign up to Coinbase and then one of the main cryptocurrency markets and begin trading from there.
I will not be recommending Banking on Blockchain to you or to my subscribers because Banking on Blockchain is a fake opportunity and a scam that is ultimately designed to separate hard-working people from their money.
Before you go…
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Home Income Site Review
Today, I’ll be reviewing the new make money online opportunity - Home Income Site.
If you’re wondering if Home Income Site is the next best thing or just another Internet scam then you’re in the right place. In this review, I will be taking a deep dive into this new opportunity and sharing all the details with you in my review.
So if you’re interested in understanding more about Home Income Site then please keep reading…
Before I start…
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Home Income Site and How it Works
When you first visit the Home Income Site website you’ll be greeted with claims of being able to generate between $3000 and $6000 per calendar month in your spare time, from home, starting immediately.
To a lot of people, particularly those that are new to the make money online niche, this opportunity sounds like a gift sent from heaven.
According to the claims on the Home Income Site website you are able to make these kinds of income figures pretty quickly after learning the Home Income Site system.
I can’t imagine that there aren’t many people out there, looking to make a full-time author additional income online who wouldn’t think that investing in an opportunity like this to learn the skills necessary to make between $3000 and $6000 wouldn’t be a worthwhile investment.
Unfortunately, these types of opportunities are becoming more and more frequent and I say that in a negative context because Home Income Site is not what it purports to be. Having reviewed hundreds of ‘make money online’ opportunities it is pretty easy for me to spot a fake or scam opportunity.
At this stage of my review, I’m not going to claim that Home Income Site is a scam but Home Income Site certainly isn’t what you think it is. You see Home Income Site isn’t actually a product or an opportunity in its own right in fact what it is a sales page or a sales funnel for an online opportunity called MOBE.
MOBE is a long established high ticket network marketing opportunity, product, membership site.
I have reviewed a number of different products recently that make similar claims and promises as Home Income Site but all of them have ended up being sales funnels for MOBE.
MOBE is a network marketing opportunity which means that when you join MOBE the training that you will receive and the products that you buy within MOBE are all designed to enable you to sell MOBE to other people.
MOBE’s unique selling point is its 21 steps learning system and assigned business partner or business manager. What this means is is that when you join MOBE, normally at a very low price, for example, $7 you enter the MOBE product at the very first step of the 21 steps learning program.
What a lot of people don’t realize about MOBE is that it is a high ticket opportunity which means that even though you can join MOBE for $7 you may end up spending a considerable amount more if you want to be able to make the large commissions that MOBE advertises.
When I refer to MOBE as being a high ticket opportunity what this means is that to buy the full suite of products that are on offer throughout the 21 steps learning program you could find yourself spending in excess of $50,000. This, in my opinion, is a huge amount of money to spend on an online training program but if you want to earn the high commissions advertised by MOBE this is the price of entrance.
One of the unique selling points of MOBE is your own personal business partner or manager, this person supports you through the 21 steps learning program and is there to help your knowledge and understanding. What a lot of people don’t realize is that this person is actually also a salesman and part of the purpose of their role is to sell you the higher-priced products as you progress through the 21 steps learning program.
Hopefully, now you can appreciate what the Home Income Site is trying to achieve and can make a decision armed with some knowledge of the actual product that you could be potentially buying.
I have expressed this in previous reviews, I don’t like this type of selling and I find it very strange that MOBE has not taken action against these members for promoting their product in such a way. Personally, I feel that this method of selling discredits MOBE which actually has a good reputation in terms of what you learned within the product, assuming you are comfortable with the network marketing model.
Personally myself I do not like network marketing it seems strange to me that you would buy a product that is designed only for you to sell that product again to other people. I have had the opportunity to review a number of network marketing products and the quality of the products that are sold within these opportunities vary greatly. With network marketing opportunities the products sold are absolute garbage and of no use, in terms of learning, to anyone. MOBE itself has a good reputation in terms of the instruction you receive but you have to remember that in order to progress through the 21 steps you have to purchase the higher-priced products which to some people is out of reach. Essentially this means that you would start the learning process only to find that that journey is halted due to the cost of the additional products. That in itself makes completing the learning journey extremely difficult if not impossible some people.
Is Home Income Site a Scam?
As I mentioned in the above review I can’t wholeheartedly call Home Income Site a scam because the actual product behind the opportunity e.g. MOBE is actually a genuine product, with a good reputation albeit a network marketing opportunity and extremely expensive.
However, that being said I do not like the modus operandi of these types of ‘make money online’ opportunities. Home Income Site, the website, and the opportunity have been set up specifically to defraud interested parties or prospects.
People visiting the Home Income Site website will be thinking that they are about to purchase one product when in fact they are being sold something completely different e.g. MOBE.
Person myself when I look to buy a product I like to know that the product I am purchasing is the one that I am being sold. Nobody wants to go into a car showroom to buy a brand-new car only to find out that they have purchased a second-hand truck.
And therein lays the issue I have with these types of opportunities. They hide behind actors in the videos on their websites and make false claims of how easy it is to make large sums of money quickly each month when in fact the reality is the complete opposite.
Did you know that on the MOBE website they have a disclaimer that says that a member of the MOBE system makes on average $700 in affiliate commissions? This tells me, given that MOBE has some very experienced make money online members that the average commissions of any inexperienced member are likely to be considerably less and $700 because the lion’s share of the commissions will be going to those more experienced members who already have established email lists and know how to sell digital products online.
My Home Income Site Conclusion
Home Income Site is an opportunity that claims that you will be able to make between 3000 and $6000 each month from home starting almost immediately.
We know that this is not the case and in fact, Home Income Site is a sales funnel that directs you through to the MOBE system or opportunity which has a low entry fee but is very expensive if you want to complete the 21 steps learning system.
MOBE itself has a good reputation in terms of the quality of the 21 steps and what you learn during your online tuition however it is a network marketing system which is not a model that everyone agrees with.
I will not be recommending Home Income Site to you or to my subscribers because I find the selling technique misleading to the point of being fraudulent. Clearly, the person who owns Home Income Site is a member of MOBE that has set up this sales funnel in the guise of an opportunity purely so that you will subscribe to the MOBE system and in turn generate commissions for them.
If you want to join the MOBE network marketing opportunity you do not need to do it via the Home Income Site website you can simply go to the MOBE homepage and sign up directly.
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Bit Bubble Tech Review
Are you looking for a review of Bit Bubble Tech?
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In today’s review, I will be taking a closer look at the new online opportunity called Bit Bubble Tech. I’ll be diving in to take a close look at this new make money online opportunity and sharing with you the results of my review with my conclusion and recommendation for Bit Bubble Tech.
Can you really make money online with Bit Bubble Tech?
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The Bit Bubble Tech Scam and My Review
According to the owners of Bit Bubble Tech cryptocurrency is a bubble that is on the verge of bursting. But not to worry because according to bit bubble tech you will be able to, quickly and easily, with no prior experience, leverage bit bubble tech’s knowledge of the cryptocurrency markets to start earning large daily sums almost immediately.
Bit Bubble Tech claim that with no experience of crypto currency or crypto currency trading you will be able to join bit bubble tech as a member and make over $700 daily. To a lot of people earning this kind of money from a simple investment is hugely attractive and for some people very hard to ignore.
You may be wondering how Bit Bubble Tech can make these bold claims of such large daily earnings amounts for people with little to no prior experience. Well according to the Bit Bubble Tech website they are using investment methods such as hedging, arbitrage and their unique blockchain technology.
I don’t know about you but when I read these kinds of bold claims on websites that only require people to deposit large sums of money in order to receive such returns I start to hear alarm bells ringing.
If making $700 was this easy surely 90% of the population would invest their life savings in Bit Bubble Tech and give up work tomorrow?
At this stage of my review I am going to urge you to use extreme caution if you are considering investing in bit bubble tech and would suggest that you read the rest of my review before making such an investment.
Bit Bubble Tech - How it Works
if you’re wondering how Bit Bubble Tech actually works then you can be assured that it probably doesn’t.
I would suggest that the website has been constructed to deceive you into parting with your hard earned money, making you believe that you will receive a substantial daily return on your investment when in fact you are almost guaranteed to receive no return on your investment and to lose your initial investment.
The way that a Bit Bubble Tech works is that when you sign up for your account with bit bubble tech you will be passed through a registration process which once you have completed you will be asked to make a deposit. The owners of bit bubble tech will receive a commission payment which is a percentage of the deposit you make.
This type of opportunity, which is now targeting the bitcoin or cryptocurrency niche, is very reminiscent of binary options trading which was all the rage about 12 to 18 months ago. Back then there were binary options trading opportunities springing up every week. They worked on the same principle as this opportunity in that there was no real opportunity they were just gateways to brokers who would take your deposits and then pay the owners of the website a commission.
I certainly hope that we are not going to see a return to these types of offers which are definitely fake and by definition a scam.
If you decide to sign up to Bit Bubble Tech this is the type of process that you can expect.
Initially, you will be asked for some personal details which once completed will lead you through to the registration section of the website. As part of the signup process Bit Bubble Tech will offer you the opportunity to download a free e-book, you also have access to a free video course and software.
Once you complete the registration process you will be asked to deposit funds. The minimum funds accepted by Bit Bubble Tech is currently $250, of course, this deposit is not being paid to bit bubble tech but in fact a broker. Once you have deposited close funds the owners of Bit Bubble Tech will receive their commission payment.
At this stage of the process bit bubble tech will have washed their hands of you and you will now be in the hands of the broker that you have signed up with. Unfortunately, just like binary option trading opportunities of the past, the broker is really not really interested in you winning because they would much rather see you lose.
If you happen to stumble across reviews that are recommending the Bit Bubble Tech offer or opportunity then I would urge you to stay away from those websites as those individuals are simply promoting the opportunity because they have been promised an affiliate commission on any deposited funds also.
My Bit Bubble Tech Conclusion
Bit Bubble Tech claims that the cryptocurrency market is a bubble just waiting to burst but with their unique software you will be able to take advantage of this opportunity and generate, almost immediately, earning around $700 a day. The Bit Bubble Tech software also comes with a free e-book and a free video course.
Based on this and prior experience we know that Bit Bubble Tech is just a website that is making misleading and exaggerated claims in an effort to secure your investment deposits of greater than $250.
We know that your investment deposit will be placed with a broker who is not interested in you winning or generating an income and is much more interested in you losing your entire investment deposit.
Bit Bubble Tech is a scam that is designed to separate you from your hard earned cash so that the affiliate’s and owners of Bit Bubble Tech can receive a commission which is a percentage of the funds you deposit.
If you are genuinely interested in investing in the cryptocurrency markets you do not need to invest with Bit Bubble Tech you are able to make deposits with companies like Coinbase and then independently trade on the cryptocurrency markets.
I will not be recommending Bit Bubble Tech to you or to my subscribers because of the fraudulent nature of the website and the misleading selling and misappropriation of your deposit funds.
Before you go…
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Coin 4 Job Scam Review
Are you looking for a review of Coin 4 Job?
If so, you’re in the right place so keep reading…
You might have looked at the Coin 4 Job website and come to the conclusion that it is something to do with cryptocurrencies or in fact Bitcoin. You could be forgiven for thinking this because Coin 4 Job has used the Bitcoin symbol or logo as their own.
But I guess the real question is can you make money online from Coin 4 Job or is this simply another online scam?
Coin 4 Job was brought to my attention by a friend who spotted their website and promptly suggested that I should conduct an in-depth and detailed review.
Before I start…
If you’re sick and tired of online scams and want a real solution to making money online then check out my No.1 Recommendation below.
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Coin 4 Job and How it Works
Like I mentioned above Coin 4 Job uses the Bitcoin logo on its website so when first looking at this make money online opportunity you could be forgiven for thinking that is something to do with cryptocurrency. That fortunately or unfortunately, depending on how you look at it, is not the case.
Coin 4 Job presents itself as a legitimate make money online opportunity and claims that you can make money with them simply by signing up and sharing their links. In return for your efforts, they will pay you a massive $5 per click, which you would think, with a little bit of effort and time wouldn’t take long to add up to a significant amount of money.
Sadly that’s not the case and I want to make it very clear at this stage in the review that Coin 4 Job is a scam. It is very important that you take note of this point before taking any action with Coin 4 Job because it could cost you a lot of money.
Legitimate sites in the get-paid-to niche work with third parties like advertisers and present you with a number of their offers. Once you complete those offers a payment is made and for your efforts, you receive a percentage of that payment.
Unfortunately with Coin 4 Job, this is not the case, in fact, Coin 4 Job is probably the worst type of scam that you can find on the Internet. They are not trying to sell you anything at an overpriced rate nor are they trying to get you to work for nothing what they are actually trying to do is to steal your personal information and the personal information of anyone you recommend into the system.
How do I know this you may ask?
The reason I know this is because I have seen this type of scam before but under different names, such as My PC Job and Task Stipend.
These types of scams really sicken me because it’s one thing paying an amount of money and then not receiving the goods or investing an amount of money and losing that investment but it something entirely different when someone steals your personal details and potentially clears your accounts, take over your websites or signs you up for products and services only to walk off with them themselves.
Coin 4 Job is luring you and many other people into their system with the promise of money that you will never be able to earn. They will ask you to complete simple tasks all of which are designed to gather your personal details.
You have to question the legitimacy of a website and make money online opportunity that pays its member’s such high amounts of money for not only clicking on advertisements but also for referring other members. I’m sure you’ve noticed that Coin 4 Job sets the commissions withdrawal limit at a very high $300 which is sure you’ve realized by now means that once you reach this limit and try to withdraw you will realize that Coin 4 Job does not actually pay out. But by then it will, unfortunately, for you and for anyone else that you are referred to the opportunity, be far too late.
Coin 4 Job - Take Corrective Action Now!
If you’ve signed up for Coin 4 Job then you need to take immediate action to protect yourself from fraudulent activity.
As I have mentioned before Coin 4 Job is designed to try and capture your personal information so that they can surreptitiously log into your accounts. Many people use the same passwords for multiple accounts so it is very easy for fraudsters to gain access to a number of your accounts quickly.
If you have provided a username and password to Coin 4 Job I recommend that you take immediate and swift action by changing all and any associated passwords.
And I think it goes without saying that you should definitely not continue to share the link with other members of the make money online niche. In fact it may be helpful for you to share this article with other people or people you know you have already shared the Coin 4 Job link with.
Coin 4 Job - My Personal Recommendation
As I have said earlier in the review Coin 4 Job is not only a scam but it is one of the most dangerous types of scams on the Internet. The owners of this website and opportunity are not looking to trick you out of a set amount of money for a product or service they are actually trying to steal your personal details so that they can fraudulently access your accounts and steal unlimited amounts of your money.
It’s disappointing to see this type of scam on the Internet and I know that many people will have already fallen for this scam and are likely to be in quite a difficult position right now. It’s sad because those members have probably already shared links and by doing so have done the work of the fraudsters for them.
Make sure you take immediate action if you have had any involvement with Coin 4 Job by changing all and any associated passwords that you may have shared in your Coin 4 Job account or in any of the tasks that you were asked to perform by them.
It goes without saying that I will not be recommending this make money online opportunity to you or any of my subscribers and I would urge you to share this article with other members of the make money online community so that we can help people protect themselves.
Before you go…
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
…please take a minute to check out my no.1 recommendation. Designed with you in mind it has great coaches, great training, and fantastic customer service. If you want to become a successful affiliate marketer then this is definitely for you. Check it out!
Transcribe Anywhere Review
Are you looking for a review of Transcribe Anywhere?
If so, then you’re in the right place…
Transcribe Anywhere is an online course that has been created by Janet Shaughnessy. Janet claims on the Transcribe Anywhere website that this course can help you build your own successful business as a freelance transcriptionist.
The Transcribe Anywhere website also claims that once you have completed the course you will be able to find work as how to do this is covered in the course syllabus.
But is this claim true or is Transcribe Anywhere just another make money online scam?
Fortunately, you’re in the right place because in this review I have taken a close look at Transcribe Anywhere, I’ll be unearthing everything you need to know, including whether or not you can actually make money online from the comfort of your own home with this new opportunity.
Before I start…
If you’re sick and tired of online scams and want a real solution to making money online then check out my No.1 Recommendation below.
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Transcribe Anywhere – The Promise
Janet Shaughnessy the creator of the Transcribe Anywhere course and website is also the owner of the company called Zoom Transcription Services. Janet herself began working from home as a medical transcriptionist in 2007, later branching out into general and legal transcription forming her own company Zoom Transcription Services.
Janet claims that the Transcribe Anywhere course, once completed, will enable you to become a transcriptionist of excellence. Janet claims that once you have acquired the skills taught in the course you will be able to start your career as a transcriptionist whether that be as a freelance transcriptionist, a transcriptionist working for a business or a transcriptionist starting their own transcription service business.
On the Transcribe Anywhere website, Janet confirms, in the course outline, that the course focuses on General, Medical, and Legal transcription services. All three of these courses follow the same format with levels 1, 2 and 3. Level I is referred to as the Learning phase, level II is referred to as the Practice phase and finally level III is referred to as the Build and Market phase. Each level can be purchased separately and once you have purchased Level I, you can upgrade to Level II and then finally you can upgrade to Level III.
So if we are to believe the Transcribe Anywhere website and Janet purchasing the Transcribe Anywhere courses, going through them and learning the skills necessary to be a transcriptionist could be the way to seeing yourself with a high-paying transcription job or starting your own transcription service.
But is that the truth or just what we are led to believe?
Transcription Services - What are They?
You may be reading this review and have looked at the Transcribe Anywhere website but still not really understand what transcription is, how it works and where there are opportunities to make money from providing transcription services.
Transcribing is the process of taking the spoken word and converting it into text, specifically putting it into a formatted document.
So for example, in the Legal niche, you may be asked to transcribe video evidence or voice recordings into formatted documents that could be submitted for evidence.
In the Medical niche, it could be something as simple as transcribing the voice recordings of a doctor and converting them into typed notes for patient records or perhaps notes for lectures that the doctor is giving to students.
Transcribe Anywhere - The Courses
As already outlined above there are three courses available on the Transcribe Anywhere website, these are the General, Medical, and Legal transcription courses. Each course contains different content laid out in a very similar way with differing prices for each course.
The courses are made up of three levels:
- Level 1 – Level 1 is the Learning level where you will learn the very basics of how to transcribe, how to use punctuation and ideal for those that need to brush up on their word use. You will gain access to modules one and two, have lifetime access to the Facebook group and will be able to upgrade at any time.
- Level 2 – Level 2 is the Practice level where you will get the how-tos of transcription, software video tutorials, and the state of the art seven level practice system. You will gain access to modules 1, 2, 3 and 4 have lifetime access to the Facebook group and have the option to upgrade at any time.
- Level 3 – Level 3 is the Build and Market level where you will get access to the fully intensive course, everything included in levels 1 and 2 plus the tools you need to build your business and market yourself as a transcriptionist. You will receive lifetime access to the entire course, lifetime access the Facebook group, lifetime updates to course material, direct access to instructor and assistance and you will learn how to set up your business and effectively market it. At the end of the course and completion of the final exam, you will receive a certificate.
It’s clear from looking at what’s included in the levels and the way that the Transcribe Anywhere website is laid out that you are urged to buy Level 3. Just to give you an idea of the cost of Level 3, the Legal course level 3 costs $697 which is a one-time fee.
If you are on the fence about purchasing a Transcribe Anywhere course you will find on the Transcribe Anywhere website that there are a number of mini-courses which you can sign up to and take completely free of charge. These might be a good option for you if you are unclear on whether transcription is for you.
It’s not often that you find an opportunity that looks like it provides real value but in the case of Transcribe Anywhere it certainly does look, on the face of it, as though the courses themselves are very comprehensive and if you are looking to start a transcription business it would certainly be a good way to bring yourself up to speed very quickly.
One of the things I particularly like about the Transcribe Anywhere website is the transparency around how much money you can expect to earn and how much effort you are going to have to put into your business. Far too often do I see websites promoting opportunities that suggest that people can purchase the offer do very little work and then make money almost immediately.
This is not the case with Janet and the Transcribe Anywhere courses when you look at the sales pages for the courses is made very clear that taking the course and being a member does not mean that you can be an overnight success and a multimillionaire within weeks. The Transcribe Anywhere website is very clear that this is a business which takes real effort.
Like any good business Transcribe Anywhere does have a refund policy which I suggest you read in full before making a purchase just in case you should find that you buy the course and then side that is not you.
I’m mentioned above that there is a number of mini-courses on the Transcribe Anywhere website which I would urge you to take however to be clear it says on the website that these mini-courses are not training nor are they a sneak peek into the full course content. What they are in fact is an overview of the transcription industry along with some foundational information to help you make a decision as to whether to pursue transcription as an opportunity for yourself.
I think it’s important to say that the Transcribe Anywhere website is not a job placement agency so once you have completed the course, passed the exam and received a certificate there is still no guarantee of any real work. Level 3 of each course teaches you how to build your business and present yourself as a transcriptionist available for work but it’s not guaranteed that you find any work through either the Transcribe Anywhere website or Zoom Marketing Transcription Services business.
Having looked at the courses and the course content I would suggest that the prices of each level are at the top end of the price range so I would urge you to make sure that you understand what you are getting into before you make a purchase. Even though Transcribe Anywhere has a refund policy there is never any guarantee that you will actually get your money back once you have accessed the course so please take your time before making a decision to spend any money on Transcribe Anywhere.
My Transcribe Anywhere Recommendation
I personally have mixed feelings about the Transcribe Anywhere website and courses. I think that the courses, even though they are at the top end of their price range do offer good value for money and I certainly don’t believe that the Transcribe Anywhere courses, offer or website are a scam. Janet herself seems to have a lot of industry knowledge and appears to be a genuine person running a business in a niche that she is subsequently training people in.
The issue I do have with Transcribe Anywhere and the transcription niche, in general, is that I believe it is an overcrowded space and I’m not actually sure how much genuine work is available. Transcription services strike me as the sort of thing that you could pay for on a website like Up Work and get done very very cheaply. Of course, I appreciate that a very good transcriptionists could charge a premium and if you were to secure the business of a Solicitors or a Doctor then you may be able to build a business around that however personally me I think that that is highly unlikely so ultimately when you have completed the course you might find yourself in a position where you are unable to make enough money to cover the original cost the course.
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Ryna Holdings Review
Are you looking for a Ryna Holdings review?
If so, then you’re in the right place…
Ryna Holdings is a brand-new make money online opportunity that has recently popped up on the Internet due to their aggressive advertising campaigns. Ryna Holdings appears to have very deep pockets as they are advertising on a number of different websites.
But the burning question is…
Can you actually make money online with Ryna Holdings or is it just another make money online scam?
Fortunately, you’ve ended up in the right place to find out because I’ve taken a look at the detail behind this opportunity to see what’s really going on and in this review going to expose everything there is to know including how this system really works…
Before I start…
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Ryna Holdings and How it Works
As I said earlier Ryna Holdings is popping up everywhere on the Internet currently, it would appear that they for the short term have a very aggressive advertising campaign strategy. One would assume that they are trying to get as many members to join the opportunity in a very short period of time.
Looking through the Ryna Holdings website it actually really difficult to understand what this company does and be honest the website reminds me very much of a number of other websites I reviewed when high yield investment programs were prolific throughout the Internet and the make money online niche. Unfortunately, time and reviews like those that you can find on this website proved that 99.99% of the high yield investment program websites were actually scams.
So if we dig into the website bit more what becomes apparent is the Ryna Holdings doesn’t actually have any physical products nor does it have any services that are selling the only thing that can be seen on the website which comes close to being a product is the opportunity to invest money with Ryna Holdings in exchange for a return on the money you have invested.
Ryna Holdings have a number of different packages, three in fact which start at the basic package that then moves on to the top package and finally we have the ultimate package. These packages allow you to invest different sums of money and each package has a different annual return. You can also earn a commission based on the rank you achieve. That rank is calculated on the amount of money you invest personally and the number of people that you refer to Ryna Holdings and the subsequent amounts of money that they invest.
It looks like Ryna Holdings is the first of a return to what used to be called high yield investment programs these so-called opportunities were laid out in a very similar fashion to Ryna Holdings where people could invest in different programs, platforms, levels in order to be able to get a return on an initial cash deposit and then subsequently were able to earn commissions on the people they had introduced to the program and the subsequent amount of money they had invested.
About a year ago there were literally hundreds of these types of opportunities that people could invest in, in fact, there were so many that there were websites dedicated to cataloging them.
It’s very alarming to me to see this type of offer coming up again because there were so many people that were detrimentally affected by these high yield investment programs. These opportunities would appear on the Internet one day, they would take cash investments from people and then would disappear a week later almost overnight.
At this stage, if you are interested in looking at some of the other similar products I have reviewed you can take a look at them here. Check out my Highlight Finance Review, my Average Investments Review or my Satindra Investments Review.
e in general. Please don’t be called by very professional looking websites, it is all too easy these days to throw a few hundred dollars as a web designer on an outsourcing platform and have them put together a very professional looking corporate style website. It’s even easier for someone with graphic design skills to manipulate images to make it look like people have large office buildings and on that point, I am referencing the image below which in my opinion is undoubtedly fake.
The Ryna Holdings Product Line
As we discussed above Ryna Holdings do not have any physical products nor do they offer any kind of services that what they do have is their basic top and ultimate packages.
The way that Ryna Holdings has configured its business means that it is an MLM opportunity or multi-layered marketing opportunity which essentially means that you buy or invest in Ryna Holdings and then had to sell the very same product you have purchased to other people in order to make more money.
I would like to stress at this point that had no point in this review and my suggesting that the claims of the returns offered by Ryna Holdings are factual, in fact, I’d go as far as to say that the investment returns offered by Ryna Holdings are in my own personal opinion are pure fiction.
For your convenience I have detailed the plans below and below that the affiliate ranks that you can attain as a member or investor.
Basic package - with the basic package you can invest starting at $10 all the way up to $1000 with a promised are ROI of 329%.
Top package - with the top package you can invest, starting at $1001 all the way up to $5000 with a promised ROI of 475%.
Ultimate package - with the ultimate package you can invest, starting from $5000 with no ceiling on the investment and with a promised ROI of up to 620%.
The affiliate ranks you can achieve are as follows:
- Shareholder - you can reach the Shareholder rank status with a minimum investment of $10.
- Bronze Director - to reach the rank of Bronze Director you are expected to have a minimum investment of $10 and to introduce others who bring in a minimum of $1000.
- Silver Director to reach the rank of Silver Director you are expected to have a minimum investment of $50 and to introduce others who bring in a minimum of $3000.
- Gold Director - to reach the rank of Gold Director you’re expected to have a minimum investment of $300 and to introduce others who bring in a minimum of $10,000.
- Platinum Director - to reach the rank of Platinum Director expected to have a minimum investment of $1000 and to introduce others who bring in a minimum of $30,000.
- Bronze President - to reach the rank of Bronze President you’re expected of a minimum investment of $2500 and to introduce others who bring in a minimum of $100,000.
- Silver President - to reach the rank of Silver President you’re expected of a minimum investment of $10,000 and introduce others who bring in a minimum investment of $500,000.
- Gold President - to reach the rank of Gold President you’re expected have a minimum investment of $15,000 and introduce others who bring in a minimum investment of $1 million.
- Platinum President - to reach the rank of Platinum President who expected a minimum investment of $25,000 and introduce others who bring in a minimum investment of $3 million.
As you can see from the above affiliate ranks there is quite a large range of investments required and a large expectation on you as a member to maintain investments from other people in order to receive your commissions.
The Ryna Holdings program offers residual commissions as outlined above which are distributed throughout the compensation plan.
If by any chance you are considering joining Ryna Holdings the minimum investment that you can make is $10.
My Ryna Holdings Conclusion
I didn’t touch on this in the actual review because quite honestly I find most of the things written on the Ryna Holdings website hard to believe so when they talk about how they’re going to make money in order to pay you the return on your investment it almost skips my mind simply because I don’t actually believe that they are investing any money. But just in case you’re interested Ryna Holdings suggest on their website that they will be making their investment returns from vehicles like the stock exchange and from cryptocurrencies however I can see nothing on their website to substantiate this.
Ryna Holdings appear to have gone to the extent of redressing themselves in the UK with companies house but are be honest when I say that is not particularly difficult to do that and really with a number of businesses that go bankrupt in the UK every year it really does offer you as an investor absolutely no protection whatsoever. Clearly, Ryna Holdings is not registered as a financial adviser or investment house because they have no registration number.
I’m afraid I cannot recommend Ryna Holdings to you or my subscribers because I can see nothing substantive on their website to suggest that your investment will indeed generate a return or that in fact, your initial investment is even safe.
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Cash In On That Passion Review
Are you looking for a Cash In On That Passion review?
If so, then you’re in the right place…
Cash In On That Passion is a very new online opportunity which promises to make its members real money quickly, simply and easily working from the comfort of their own homes.
Cash In On That Passion claims that you will have full control over the hours you work and which days you work.
But is Cash In On That Passion a real opportunity to make money online from home or another online scam?
Fortunately, you are in the right place because in this review I’ll be taking a closer look at the detail and uncovering the truth behind Cash In On That Passion. I’ll reveal how this opportunity really works, what you can expect and if you can really make money online with this opportunity.
So if you’re thinking of becoming a Cash In On That Passion member make sure you read this review in full before doing so.
Before I start…
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Go here to see my no.1 recommendation for making money online
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Cash In On That Passion - How Does it Work?
The opportunity Cash In On That Passion purports to allow you to do exactly that by simply signing up to the website, becoming a member, you can pick something that you’re passionate about and start to make money online with Cash In On That Passion.
There are legitimate programs out there that help you make money online, for example, check out my number one recommendation which is a legitimate program that we will help you make money online with something you are passionate about.
What my number one recommendation won’t do is make those bold outlandish claims Cash In On That Passion is making on their website. Claims of making large sums of money with very little experience often turn out to be just misleading sales hype.
One thing I want to be clear about is that making lots of money online is achievable but very rarely achievable for someone with no experience and if you think about it this makes absolute sense. Making money online, in some respects, is no different to any other job or to run any other type of business and rarely do you find someone with little to no experience making life-changing sums of money within their first month of employment or trading.
The point I’m trying to make here is that if you see an online opportunity making bold claims that sound almost too good to be true it probably because they are.
And in the case of Cash In On That Passion, I can confirm that after looking at this system in-depth there is something hidden that is misleading you.
Looking at Cash In On That Passion closer I’ve come to realize that it is an opportunity designed in a very similar way to a number of other opportunities that I have recently reviewed right here on this blog.
What Cash In On That Passion is not telling you is that in fact it is not a product or an opportunity in its own right, it is, in fact, a sales funnel for a very long established network marketing opportunity called MOBE.
The Truth Behind Cash In On That Passion…
I’m starting to see a real trend with these types of opportunities, marketers, unscrupulous ones at that, are making pseudo-products or pseudo-opportunities that look or purport to be something that they aren’t. Cash In On That Passion is a classic example of this new type of pseudo-opportunity.
Cash In On That Passion is fooling people into thinking that they are buying or becoming a member of the Cash In On That Passion opportunity when in fact what is happening is that people are signing up to Cash In On That Passion and then finding themselves being sold on MOBE.
MOBE is a network marketing opportunity that has been established in the make money online industry for quite a number of years. Its unique selling point is its 21 steps system which starts from as low as $7. Unfortunately, what people find is that when they pay their $7 membership fee that they are on the bottom rung of what can be a very expensive ladder. Just to give you an example of the cost of the MOBE product line, some people have been known to spend in excess of $50,000 just to purchase the rights to sell the MOBE products.
One of the things I particularly dislike about MOBE and network marketing, in general, is that as a member, in order to be able to make money with MOBE you have to purchase the products, once you purchase the products this then enables you to sell those products to other people and make a commission; this is network marketing and that’s how it works.
Now MOBE, because it has been established for quite some time does have a reasonably good reputation for providing good quality training but there are a lot of network marketing opportunities out there where the training provided is absolute garbage. Empower Network would be a classic example of network marketing gone wrong, the products were very poor quality and expensive and once purchased you were forced to sell them to other people so essentially you are buying garbage to sell garbage.
I think it’s important, when you buy a product to actually know what you’re buying because if you think you’re buying an opportunity to make money with your passion then Cash In On That Passion is not going to be the right opportunity for you because essentially you will be sold MOBE and when you are member of MOBE the only way you can make money is by selling MOBE which I’m guessing probably is in your passion.
There are so many of these types of pseudo-opportunities or what are effectively sales funnels popping up on the Internet now that I am almost considering creating a separate category on the blog to capture all of these. But if you would like to take a look at some of the similar products I have recently reviewed you can check out some of the other reviews like Top Tier Side Income Review or Home Online Profits Club Review by following the links.
One thing you will notice from MOBE, apart from the 21 steps, is the fact that you are promised a business coach. You do get a business coach that supports you through the 21 steps and the online teachings but what you don’t realize is that person is also tasked with selling you the more expensive products in the MOBE product line so I guess the question is…
… Does your business coach have your best interest at heart?
Now if you are interested in network marketing and you don’t think $50,000 is a lot to pay for online training, which does have a good reputation, then potentially the MOBE product line could be for you however you don’t need to buy MOBE via Cash In On That Passion you can go directly to the MOBE website and by MOBE there.
However, what I would say is that network marketing and MOBE come with a huge risk, lots and lots of people spend money with MOBE thinking they are going to make large commissions but in fact what they don’t realize is that the average commission payment for a MOBE member is around $700. The reason I know this, is because there is a disclaimer on the MOBE website that states that the average member makes around $700 in commissions from MOBE.
So Where Does the Passion Come In?
As I mentioned previously in this review Cash In On That Passion is really a pseudo-opportunity for MOBE so if you are interested in selling network marketing products by signing other people up to buy the same products as you then you will be able to do this with Cash In On That Passion and MOBE.
Cash In On That Passion is just a website that has been created by an existing member of MOBE to sell you into the network marketing opportunity.
Cash In On That Passion - My Recommendation
I won’t be recommending Cash In On That Passion to you or to any of my subscribers because I don’t like the way that these types of offers are positioned to people, I feel personally that these types of opportunities are close to being scams. I can’t, in all honesty, call them outright scams because MOBE itself does have a good reputation within the network marketing niche. Whether you’re a fan of network marketing or not that is entirely up to you and is your choice, personally I don’t like network marketing for the reasons I stated earlier in this review.
Before you go…
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Stepium Review
Are you looking for a Stepium review?
Great, then you’re in the right place!
Stepium is a brand new online opportunity that enables you to earn Ethereum cryptocurrency online from the comfort of your own home. From the Stepium website, you are led to believe that in order to earn Ethereum all you need to do is to create an account, purchase what they call a ‘Contract’ and then begin earning money right away.
Whether you’re experienced with cryptocurrencies or a beginner I think you’ll agree that this sounds like too good an opportunity to be true. Surely, making money online with cryptocurrencies cannot be this easy?
Is Stepium a real online opportunity or just another cryptocurrency scam? I’ve been taking a good look at this new online opportunity and in this review are be revealing my findings and presenting you with my recommendation for Stepium.
Before I start…
If you’re sick and tired of online scams and want a real solution to making money online then check out my No.1 Recommendation below.
Go here to see my no.1 recommendation for making money online
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What is Stepium?
Stepium presents itself as a network marketing product with which you can earn Ethereum cryptocurrency. When you look at the Stepium website they make the whole process of earning cryptocurrency sound really easy.
The website leads you to believe that you can earn passively, which means that you don’t actually have to do any work or produce anything, you simply have to invest by purchasing a Stepium ‘Contract’. Unlike other cryptocurrencies or opportunities of this nature, there appears to be no mining of cryptocurrency involved and no work of any other sort.
If you are new to cryptocurrencies and new to investing in cryptocurrencies then this type of opportunity might be of interest to you, after all, it seems like a really easy way to make a lot of money online with cryptocurrencies…
…the question you have to ask yourself is where is all the money coming from?
If like me you’re starting to hear alarm bells ringing in your ears then it’s probably a good idea to use your common sense and be very cautious as you get more involved with Stepium.
Something that always concerns me about these types of opportunities is the lack of detail on the product’s website. Legitimate companies that operate within the financial services industry undergo rigorous vetting and controls yet here we have a website offering the same types of opportunities with very little detail on their website. Basic information like the companies address, registration number, directors and other personnel isn’t even listed. To me, these are the basics and should be shown prominently on the website to give people confidence that they are dealing with a legitimate business.
A short while back there was, in the world of online investing, lots of opportunities for people to invest in something called Binary Options. These opportunities turned out to be a playing field for scammers who would trick people into thinking that they were dealing with legitimate businesses and investing in real opportunities when in fact they were nothing more than a website back by people intent on stealing other people’s money.
Stepium looks to me to have all the same hallmarks as these scam Binary Option opportunities. Essentially the scam binary option opportunities were nothing more than elaborate Ponzi schemes where new investor’s cash would be recirculated to old investors under the guise of profits. Ponzi schemes are illegal as they defraud investors.
Stepium - How does it actually work?
Following a review of the website and investigating into how Stepium actually works I was very quickly able to draw the conclusion that Stepium is just an online money making scheme and not a real opportunity.
From these investigations I was able to draw the conclusion that there are absolutely no products for Stepium, they are not a cryptocurrency mining operation and as far as I could tell as a business they aren’t generating any turnover or making any profit - the only money in the business is that paid in by the investors.
It’s disappointing when you come across a new online opportunity that is obviously a scam. It seems today that it is easier to try and defraud people, robbing them of their hard-earned cash than it is to actually come up with a genuine way to make legitimate money online.
Stepium is, in my opinion, a classic Ponzi scheme where the business doesn’t have a business it relies on people investing money into an elaborate financial scheme, which normally promises high returns over a short period of time but what in fact is happening is that some the money invested by investor A (New Investor) is paid to investor B (Old Investor) as profits.
I am seeing an alarming trend in these types of opportunities; it looks like cryptocurrency is becoming the new binary option. It would appear that binary options have run their course and now the scammers are turning to the latest craze, cryptocurrencies, in an effort to scam naive investors out of their hard-earned cash.
Warning – Don’t sign up to Stepium
If you were to get started with Stepium you would have to create a new account and purchase a Stepium contract. The smallest contract you can buy once joining Stepium costs 0.06 ETH which at today’s prices is approximately $50.
Once joining Stepium your invested funds will be distributed to all the existing members of Stepium, which is good news for them because they have been desperate, hoping that more people will join Stepium once they did so they can try and get back some of their initial investment.
Like most online Ponzi schemes you will be pushed to invest larger and larger amounts with the promise of larger returns. Stepium currently has an investment level in their product line of 155.01 ETH which at today’s prices is around $132,000.
Essentially, when you buy Stepium contracts the more expensive contract you buy the more opportunity there is to earn commissions from what is called your ‘Downline’, these are people that are below you. There are a total of 16 levels of the downline that you can earn commissions from. In addition to the 16 levels of downline, you can also earn commissions by recruiting other people to join Stepium.
I have a real dislike of these types of programs, in my mind, these scams are worse than network marketing, and that is saying something! People who join these opportunities do so with the best intentions but once they get sucked in they are almost forced into selling the same awful product that they’ve actually purchased themselves in the vain effort to try and get back some of their money that is tied up in the product.
I have, in the past, seen these types of opportunities be on the Internet one week, take thousands of dollars from investors only to disappear the following week. These types of situations are incredibly sad because there are hundreds if not thousands of victims that have no way of getting their money back.
If you don’t think this kind of thing can happen then you only need to look at what happened with BitConnect recently, which disappeared from the Internet taking thousands and thousands of invested money with it. You can read my BitConnect review here.
Stepium - Summing it all up
Anyone that tells you that Stepium isn’t a scam or is a good opportunity to make money must be crazy or perhaps they think that you have money to throw away.
I can’t and won’t be recommending Stepium to any of my readers because I just think there is too much risk involved, I believe Stepium is a Ponzi scheme and I think anyone who invests in it is likely to lose not only the money they have invested but also the promise of any investment returns.
The only slim outside chance of making any money comes to those who adopt early, invest, make returns from new investors and recruits who join after them and then withdraw their funds, if that’s even possible, early before the entire program closes down.
Before you go…
Go here to see my no.1 recommendation for making money online
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