Kyle - Kyle's Blog

Home
Author: Kyle

The archive description field doesn't exist for the current taxonomy so no content will be displayed

"Get Rich Quick", Easy Money Scams

Passive Paychecks (aka Passive Paychex) Scam – Avoid At All Costs!

If you are wondering is Passive Paychecks system a scam (aka Passive Paychex) then keep reading. I came across this system being promoted online the other day and knew I had to take a look into it. It has all the common scam characteristics which make me very suspicious.

The bottom line is that what is said in the sales video that I watched is very misleading and more than likely a bunch of BS. In this review I’ll be going over a few things that everyone should know about this place.

Passive Paychecks System Review

Let me first say that there is no need for you to rush. This system claims to have a limit of 200 members to make you buy into it as fast as possible but this number is nothing more than a commonly used scam tactic to get people to buy in without doing proper research.

This website has been around for a while and if you would leave and come back in a week, it would be telling you the same thing.

But anyways… on to the review…

In the promotional video for this system the spokesperson claims that the secret to creating unlimited wealth has been kept out of reach of the general public. He claims that they purposely don’t teach you it in school because they want to keep you with little money and power.

He claims that this Passive Paychecks system is the secret they have been keeping from you and that it can make you as much money as you want and as often as you want. He even goes on to say that Richard Branson, Bill Gates, & Oprah use Passive Paycheck System tactics.

Pretty much everything in the sales video points to this being a scam. He claims you can make super easy money very fast, that it is pretty much completely automated, that billionaires are using this system but offers no proof, and so on. It reminds me of Desktop Commission System & Internet Income Online, which are 2 recent scams I reviewed.

Also, the way he says it works is very vague and he really doesn’t give much information to go off of.

How It Makes You Money

He really doesn’t say much of anything here. There are 3 steps to the process that he tells you about which include…

Need an automated system in place that makes money for you
Need a product to sell – need to get people to buy products from you instead of from Amazon, Walmart, etc
Need an educational platform with training that shows you what to do

This system claims to provide all of this. And it sounds good and all. I mean, of course you can make money selling products online. And of course the system is very much automated due to the very nature of online business.

But how are you selling products? What is the method used? Are you going to be dropshipping, affiliate marketing, etc? How are you going to get people to buy the products? Are you going to be using paid ads to drive traffic, SEO, social media marketing????

He leaves this system as vague as possible so that people have no idea what they are getting into. I’ve been making money online since 2015 and have made money in more way than one, and I have so many questions about this that he does not go over.

This is yet another very common characteristic of a scam. They leave you knowing nothing so that you buy into it, and its not until after you buy in that you realize it wasn’t worth the money.

Something That Makes No Sense…

Near the end of the video, the spokesman shows a video of “James P” who claims to have earned a commission of $20,050 with this system…… are you kidding me???? If he earned a commission of $20,050 that means that he somehow sold a product online that was priced at well over $20,050.

What the heck is this guy selling? Airplanes? Sports cars? This just doesn’t make any sense.

Caught In a Lie

Remember how at the beginning I said that the who “only 200 spots available” thing was a lie? Well look at this…

When I clicked on the button after the sales video to purchase the system it told me that there are only 63 spots left. The problem is that at the very beginning it told me there were only 12 spots left. So how does the amount of spots increase like this?

Conclusion on Passive Paychecks System – Scam

This system has all the tell-tale signs of a good old fashion internet scam. The entire sales video is a bunch of fluff that really tells you nothing about the system. The spokesperson in the video, who supposedly created this system never even tells you his name which I find pretty strange.

There is just nothing that adds up here and although I never purchased this system I am 99% sure its a scam.

If you want to buy into it then go right ahead but I sure as heck am not.

Update: This system is also going by “Passive Paychex” now as well…

If you are looking to make money online with an honest and legitimate program then what I would recommend is this program. I’ve been a member since 2015 and make good money with it. You can read my review about it Here.

And be sure to leave any comments or questions you may have below this post. I’ll get back to you with any questions 🙂

Legit Money Making Opportunities

Is MicroWorkers a Scam? – Read Before Joining

If you are looking to make money online by doing small oddball tasks then MicroWorkers is one of the options out there that you have. But is this place any good and will it be worth your time? Or is MicroWorkers a scam that is just going to end up leaving you disappointed at the end of the day?

In this review I’ll be going over what everyone should know about this place before they sign up. No, its not a scam and yes you can make money… however… it might not be as great as you think.

MicroWorkers Review

So what this site does is provides hundreds of “micro”jobs to people looking to make money online. In order to actually be able to get any jobs you will have to go through the registration process of getting a pin number and so forth, but I’m not going to get into this. Its pretty straightforward.

Basically MicroWorkers is just a platform that connects people looking to make money online by performing microjobs with people looking to hire people to perform these microjobs. Anyone can join MicroWorkers as a client and get them to find a worker that is willing to perform some task. That is why you will find such a wide variety of strange and oddball tasks if you are a worker on this site.

The Type of Work at MicroWorkers

There are literally hundreds of different jobs that you might see when you are on the site. There might be microtask offers for you to like a Youtube video, work on a Twitter campaign, look at ads on a website, take a survey, annotation an image, test a mobile app, transcribe a shopping receipt, video file, audio file, and plenty of other potential tasks.

You never really know what you might find here.

The Pay

Just as you never really know what kind of tasks you might find on this site, you also won’t really know what the pay will be. The jobs vary a lot so the pay does also. However, all in all… you won’t make much. You can’t really expect to earn any more than $2 per task and many of the tasks pay much less than this.

One thing for sure is that this is not a site where you are going to be able to replace an income or earn a substantial income by any means.

Once you earn $10 (some people claim you only need $9) you will be able to cash out your money to your Paypal account. And if you don’t have a Paypal account don’t worry, they are free and fast to set up.

Getting your money to your account can be a pain. I have read more than one story about it taking forever for some reason. It should be a fast transaction but I have heard of it taking weeks.

Scam Warning

One thing that you have to be careful about on sites like this is scams. Some tasks that you will find are nothing more than scams where the people are just trying to get information from you. So if a task seems a bit strange and they start asking for personal information, I would probably avoid it.

MicroWorkers doesn’t seem to do a very good job at keeping these scam offers off of their platform so it is up to you to avoid them.

Complaints

There are a lot of complaints about this site overall, both from clients and workers but mostly from workers. Some of the more common complaints that I came across on SiteJabber include…

Not Enough Offers

Some people complain about there not being enough offers at any given time. There are usually 100 or so to choose from but I guess that is not enough for some people.

Long Payment Wait

As I said it can take quite a long time to actually get your payment. I read one complaint of it taking something like 35 days which is absurd. I really don’t understand why it would take this long.

Low Pay

Of course low pay is going to be a complaint to. There just isn’t much potential here to make good money. These are small tasks that pay very little.

Others

There are some other pretty harsh complaints about accounts being shut down for no reason, not receiving payments at all, and complaints from clients that the workers do poor jobs, etc.

Conclusion on MicroWorkers – Good Opportunity or Scam?

Microworkers is definitely not a scam. But at the same time it is not a place that you should go to if you are looking to make decent money online. You just plaint and simple.. won’t be able to find good paying tasks. This place provides small, and sometimes almost pointless tasks for you to perform. But again, this all depends on what the clients want done.

If you are looking to just make a bit of extra money in your spare time you might be interested in sites like Swagbucks where you can get paid to take surveys, complete small offers, etc. I have also heard that Amazon Mechanical Turk is basically a better version of this Microworkers site.

Alternatively, if you are looking to make good money online in your free time I would suggest taking a look at this program. I have been a members since 2015 and make a heck of a lot more than I ever could on any of these sites.

==> Recommended program here

If you have any comments or questions be sure to leave them below in the comment section 🙂

Uncategorized

What is Pocket Money GPT? – Scam or Easy Way to Earn Money Online?

Pocket Money GPT claims to provide easy and quick ways to make some money online. What is Pocket Money GPT exactly and how do you make money? And on top of this is this site even legitimate or should you worry about it being a scam?

I’ll be answering all of these questions in this review. I’ll be going over what this place is, how it works, how much you can make and more.

Pocket Money GPT Review

Pocket Money GPT is a site where you can earn by doing a variety of things including taking surveys, completing offers and clicking on ads. the “GPT” part of their name stands for “get paid to” because you get paid to do these things. What this place provides is similar to some of the more popular places out there like Swagbucks.

By completing the simple short tasks that are provided you can earn money & points, which can then be cashed out with Paypal or for gift cards. The name “pocket money” is pretty accurate because you won’t be making much. Its a nice way for some people to earn a bit of pocket change but for others its going to be a waste of time.

Ways to Earn

Surveys

At Pocket Money GPT you can get paid to take surveys. These are generally short surveys that will last anywhere from 5-20 minutes and the pay varies a good bit. From what I’ve seen you can expect to earn anywhere from 20-220 coins for each survey that you take. These surveys will be on a variety of different things so you never really know what to expect.

Many of the surveys are provided by Zen Surveys, Speak Up Surveys, Sampilicious, Peanut Labs and a bunch of other common names. Some of the places that are partnered with Pocket Money GPT are survey sites themselves, for example you can go right to Zen Surveys actual site and take surveys there, and others are market research companies that commonly provide surveys on sites like this, an example of this would be Peanut Labs which provides surveys for Swagbucks, Survey Club and others.

Offers

Pocket Money GPT is partnered with a bunch of different offer providers including AdGate, OfferToro, TrialPay, and CPA Lead along with a bunch of others. These offer providers will give you chances to earn points on a variety of things including signing up for free trials, signing up for newsletters, joining a membership site, and some other things.

Because the types of offers vary so greatly the pay also varies a lot. You will find some offers that only pay maybe 20 coins or so but you will find others that pay a couple of thousand coins.

PTC (Paid to Click)

They also have PTC offers where you can earn a bit of money just by clicking on adds. I’m not sure if it was just me but there was barely any PTC ads available for me to click.

With PTC ads like this you click on them and then have to remain on the site for a certain amount of time to get credit for your click. This usually is around. 0.05 points or so.

Referrals

They have a 3 tier referral program which means that you can earn from people that you refer to join, people that they refer to join, and people that they refer to join. You will earn 10% commissions of what your direct referrals earn throughout their lifetime, 3% commissions from the people that those people refer in, and 2% from the people that they refer in.

Pocket Money GPT also has paid memberships that you can purchase that allow you to earn more off of your referrals. This is something that I would recommend at all, because I don’t see how it would be worth it, but I’m letting you know that it is an option.

Getting Paid

You can cash out your earnings with PayPal when you have as little as $1 in your account. This is really nice because you don’t have to wait long to be able to get your money. Many other sites like this require you to have a minimum $10 or so before being able to do this.

You can also redeem your points for gift cards. The only gift cards available to me are Walmart and Amazon. They cost 100 points for $1. So for example if you were to redeem 500 points here you would get a $5 gift card.

If you consider the amount of points you are being rewarded for taking surveys, completing offers, etc, you will find that you really are not making much, which is the reality with all GPT sites like this. For example, I said most surveys seem to pay 20-220 points. This converts into $0.20 – $2.20, which is right around what you can expect to make with any normal paid survey site these days.

Conclusion on PocketMoneyGPT – Worth Your Time?

Whether this place is worth your time or not is entirely up to you. You can make real money here by doing simple and short things, but the money you make is minimal. If you are looking to make a few extra bucks on your lunch break or something like that then this might be something worth considering, but even then I would say that Swagbucks, which I mentioned above, is the better choice of the 2.

However, with any GPT site like this the money is going to be extremely low. Personally I’m going to avoid this site because of this.

If you want to make money online in your spare time I would recommend this program instead. I’ve been a member since 2015 and make a heck of a lot more than I ever could on any GPT site.

==> Recommended Program

If you have any questions or comments just leave them below in the comment section and I’ll get back to you soon 🙂

Cryptocurrency, Investing

The Altucher Report, Scam or Worth The Money? – Honest Review

So I’ve been seeing ads for “The Altucher Report” all over social media recently and they have finally got my attention. I decided to click on one and take a look into it all to see if its legit. They claim that this report is a hidden gem in the world of cryptocurrency and basically they are luring people in with the hopes and dreams of making it rich in the cryptocurrency space. Many of the ads I’ve seen claim that “the next bitcoin is coming” and that you are going to be able to strike it rich.

But is this all it claims to be? Or is The Altucher Report a scam in one way or another. The many ads are what makes most people suspicious of it all including myself. If you are suspicious yet curious then you are going to want to read this. In this review I’ll be going over what exactly The Altucher Report is, why there are so many somewhat scammy advertisements for it and more.

The Altucher Report Review

With the many probable scams circulating online in the crypto industry, like BitconnectX & LendConnect, you can never be too careful with crypto related products.

The Altucher Report is often very over-hyped from what I have seen online so many people probably are unaware of what it actually is. The Altucher Report is not some system that makes you money in cryptocurrencies, its not some robust program that will teach you all there is to know… what it is, is exactly what it sounds like. Its a report.

The Altucher Report is basically a newsletter. Its a newsletter that you can subscribe for on a yearly basis and that you will receive monthly. Along with this main product, you will also get access to some of Mr Altucher’s books, a 6-video masterclass, and some other things, all of which I’ll go over shortly.

First however I think its important to touch upon who James Altucher is and whether or not you should listen to him.

The Man Behind It All

James Altucher is not afraid to brag all about how great he is and how much he has accomplished. He has worked on Wallstreet for over 20 years, has managed hedge funds, and worked as a private investor for quite some time. He has made a lot of money, no doubt about it, however he isn’t great all the time. One thing that he fails to mention is all the money he lost in the .com boom.

In his earlier days he was involved much more in the actual industry, but nowadays he is involved more in the information industry where he seems to make a ton of money selling his many newsletter type products which include: Altucher’s Crypto Trader, Altucher’s Alliance, Altucher’s Secret Income, Altucher’s Top 1% Advisory, Altucher’s Top 1% Market Cap, and Altucher’s Daily Trade.

From what I have read online there aren’t many people that like this guy to much and respect what he does. Many label him as a slimy con man who is just trying to make a quick buck by providing information that isn’t that great and at sometimes is destructive. I was just going through a bunch of forums and reading comments by random people on different sites and honestly, this is enough to make me stay away. I know there are complaints about everyone and everything but this is an entirely other level. Complaint after complaint after complaint… the public opinion is not good.

What The Altucher Report Provides

As I said, the core of this report is the monthly newsletter. However there a few other things that you get. These include…

1 Year subscription of The Altucher Report (12 total, 1 per month)
Email updates weekly
Email alerts if there is a good time to sell or buy
Book called Cryptocurrencies 101: How to Make a Fortune from Digital Currencies
6 video series on cryptocurrencies

Then along with this there are also bonuses that are offered right now. I’m not sure if these will continue to be offered but here they are…

The 48X Back-Door Way to the Cryptocurrency Market
Make 1,000% from the Seven Biggest Money-Making Trends in America
The Choose Yourself Guide to Wealth
Private access to our members-only website
Free Unadvertised Bonus: You’ll also start receiving FREE daily e-letters. First, Altucher Confidential and The 5 Minute Forecast

The Price

The cost of for a year subscription of The Altucher Report is normally $99 (so they say) but of course they are really nice and are going to give it to you for just $49. Now I didn’t actually buy into this so I’m not sure how the upsells work, but judging from reading about his many others subscription products there is bound to be some very expensive upsells that probably cost around $2k or so.

The upsells are probably for some “secret” newsletter that you can buy on top of the one you just bought.

If anyone has bought into this and knows what the upsells are and how much they cost I would appreciate if you leave a comment below this post.

Something Else Worth Knowing

Choose Yourself Financial (at chooseyourselffinancial.com) is the company that sells this Altucher Report and all of his other newsletters. The parent company of this place is Agora Financial, which I think is worth mentioning because they have a pretty horrible reputation.

If you look up what people are saying about them on sites like the Better Business Bureau you will find all sorts of complaints. The complaints I came across mostly consist of people claiming they have lost lots of money from bad financial advice that was provided and also complaints about misleading and “scammy” marketing techniques used that made people buy into things they really didn’t know they were buying into.

Overall this company needs to get its act together because the view the public has of it is extremely poor and this is something to be aware of.

Conclusion on The Altucher Report – Worth The Money or Not?

As I said, I haven’t actually bought the report. Also I don’t plan on it. It just seems to not be worth it based on reviews I have read about his other similar products. It seems this guy is too much into the business of making money selling this stuff and not as focused on providing quality information that helps people financially. He has way too much going on and I don’t see how he can even keep up with all the different products he is providing information for. Just with this product alone there are a bunch of bonuses he is giving out.

My question is how can he possibly provide all this information himself? He is just one man. My conclusion on this is that his products seem to be quantity over quality and the information provided doesn’t seem to be anything special. I’m not telling you whether or not to buy it, I’m just saying that I’m not buying it.

If you are considering buying into this then I suggest you do some more research first.

Why Are There So Many People Promoting This?

One more thing. You may be wondering well why are there so many people promoting this product if it might not be that good. The answer is simple. Mr Altucher has a small army of affiliates who are making money every time they get someone to buy into this. Plain and simple. Many of them have probably never bought the product themselves.

Anyhow… If you have any comments, questions, or concerns leave them down in the comment section and I’ll get back to you soon 🙂

"Get Rich Quick", MLM's

Secret Income Formula, Scam or Earn Easy Bitcoin? – What You Ought to Know

Secret Income Formula is one of Mack Mills’ (aka Mack Zidan) newest systems that he is promoting. It is very similar to many of the older systems he created to make money online except that this one is focused on Bitcoin. If you are wondering if this is actually legit or if Secret Income Formula is a scam then you are right where you need to be. I have done my research and will be going over what exactly this system is, how it works, the downsides to it and more.

I am not promoting this system and am not affiliated with it so this review is going to be unbiased and as real as I can make it. Enjoy…

Secret Income Formula Review

If you watched the first promo video for Secret Income Formula then you are probably wondering who created this system. In the video they label the guy as “Mr. X”, but if you enter your information and make it to the second video you will find that this guy’s real name is Mack (he goes by Mack Mills and Mack Zidan).

Before I get into what this system is I want to touch upon who Mack is for a second because its important to know the person behind it all.

Mack is a veteran in the online marketing space. I have been involved with online marketing since 2015 and have come to know that Mack is one of the big players. In the video they claim he is a 6-7 figure per year earner and this is true. Every product or system that he promotes he does a great job at. You can probably tell by how professional the website and video are for this Secret Income Formula system.

Some of his past systems that he put together include Digital Income Method and Daily Income Method. They are both very similar to this Secret Income Formula system except this new one is focused on Bitcoin, as I mentioned.

What is Secret Income Formula & How Does It Work

Secret Income Formula is basically a system that promotes several programs. Mack is giving away this system for free so you may be wondering what is the catch and how does he make money from the whole thing. And you better believe he is making a killing from it.

The way he makes money is by getting you to join and invest in 3 different opportunities: iCoinPro, MindSet 24 Global, and FutureMoney.

iCoinPro is a bitcoin mlm educational program somewhat similar to CryptoWorld Network. Basically what they do is provide educational digital products for people who are interested in learning more about bitcoin and cryptocurrencies. They teach you about investing, ico’s, trading, basic things and a bunch more. The training is sold in packages that can get pretty expensive.

The mlm (multi-level marketing) part of it is where you make all the money. You see you can refer people to iCoinPro and when they purchase one of the educational packages you get paid for it. You also get paid from the people that they refer in (level 2), and the people that they refer in (level 3) and so on. The way it is set up you can earn multiple ways from referring others to join. You can earn on as much as 14 levels beneath you. This pyramid-like structure has huge earning potential but there is a major downside to it that I’ll go over later.

As for the MindSet 24 Global and FutureMoney, its the same type of deal. Mack loves mlm’s and this has been what he is known to promote.

Secret Income Formula In a Nutshell

So Secret Income Formula is just a sales funnel system basically that promotes these 3 other programs. The Secret Income Formula itself is free but the 3 programs that it promotes do cost money, which is how Mack makes money.

How You Make Money

You make money in the same way that Mack makes money. When you sign up you get the exact same Secret Income Formula for free. You will get to send people to the sales page that plays the video with “Mr. X” and really gets everyone excited and hyped up.

The difference is that the Secret Income Formula system will be set up with your own referral links. So when you get someone to watch the promotional video for Secret Income Formula and then they buy into iCoinPro, you get paid for that. The same goes for the other programs.

So the name of the game is recruitment. You want to recruit (refer) other people into the system because that is how you make money. Once you refer them to Secret Income Formula the system does the rest. The system automatically refers them to join iCoinPro, etc.

The Downside That No On Is Telling You

What no one tells you about mlm systems like this is that they are much more difficult to be successful with then they appear. The reason no on tells you is because everyone is trying to recruit more people in so of course they aren’t going to be telling you the negatives.

As I discussed all the money made from Secret Income Formula comes from iCoinPro, MindSet 24 Global, and FutureMoney. The free Secret Income Formula refers people to these and when they buy in is when you get paid. But there is a fundamental problem with mlm’s like this. The problem is that very few people make money with them and this is due to the structure in which they are set up.

You see with mlm’s, you earn from people recruited in beneath you, in iCoinPro’s case you can earn down to 14 levels beneath you. This sounds awesome but isn’t quite that awesome. For people at the bottom money that they could be making is getting sucked away from them and is used to pay people off that are above them on the pyramid. This makes it harder for those near the bottom to earn because all the money is flowing to people above them.

So if you are good at recruiting and can recruit in people like crazy then this is something that has a lot of potential. But if you are not then you will likely not make it. Mlm’s are a tough business to make it in and most people fail because there are always many more people at the bottom of the pyramid than at the top.

People like Mack and other experienced online marketers will make a killing with this but most people will spend more money than they actually make. That is the reality of it especially with these particular mlm programs that are being promoted through this system.

Conclusion on Secret Income Formula – Good Opportunity or Not?

Secret Income Formula is by no means a scam like the many probable cryptocurrency scams out there (ex: Bitty Cash, The Crypto Genius, etc). Its a legit system that does work and can potentially make you a lot of money. I would say its a bit over-hyped without a doubt but nonetheless it can really work.

That said, I’m not going to tell you whether or not to put your time, money, and effort into this. What I will say though is that I am not going to be getting involved because I don’t care for mlm’s. They are too difficult for me to make money with so I stay away from them. I also don’t find their recruitment oriented business models to be very ethical at times.

What I will recommend is this program that I got started with back in 2015 when I first started online marketing. I currently make a living online and have owe it all to it. You can check out my review of the program I’m talking about Here.

Also, if you have any questions, comments or concerns just leave them below and I’ll get back to you soon 🙂

Cryptocurrency

Is LendConnect a Scam? – Real Review

If you are wondering is LendConnect a scam then you are in the right place. I know there are a lot of people suspicious of this place, as am I. And when I say “real” review I’m saying it because I have nothing to do with this company. I’m not promoting it or hyping it up. I’m just reviewing it for what it is.

The reason this place seems so suspicious is because it has characteristics of a ponzi scheme, which have become very popular in the cryptocurrency world. In this review I’ll be going over how LendConnect works, why it could possibly be a ponzi scheme, some other problems that I have with it and more.

LendConnect Review

LendConnect, as you can imagine from its name, is a lending platform that allows you to earn in several ways with their LCT tokens. There are several different investment packages that I will go over below which is how you would get started with this all.

To sum up how this all works and how you can make money with LendConnect here you go: Basically what you do is buy LCT tokens and you can make money with them in 2 ways: You can either just hold onto them and hope that the price will go up as more people join and invest in LendConnect, or you can “lend” your LCT tokens back to LendConnect and they will use them to trade cryptocurrency with their trading bot which they claim has “made even higher percentages than we could ever imagine”.

If you are familiar with the infamous BitConnect then it is very understandable why you would be concerned that this is nothing more than a scam. For those of you who do not know, Bitconnect is a very similar lending platform that has been under scrutiny since it started a couple years ago. Since then Bitconnect has left its operations in the United States due to not being able to comply with government regulations. Pretty much Bitconnect is a more than likely a ponzi scheme and LendConnect could very much be one too.

“Lending” is one of the ways to spot a cryptocurrency scam because usually these programs are scams.

Investment Packages

They have 4 different investment packages. The minimum that you will need to invest is $100…

Package 1
- $100 – $1,000 investment
- Standard daily interest
- 120 day duration
- Up to 155% per month
Package 2
- $1,001 – $5,000 investment
- 0.10% daily interest
- 100 day duration
- Up to 158.1% per month
Package 3
- $5,001 – $15,000 investment
- 0.20% daily interest
- 80 day duration
- Up to 161.2% per month
Package 4
- $15,001 – $100,000 investment
- 0.30% daily interest
- 60 day duration
- Up to 164.3% per month

Affiliate Program

And of course, just like Bitconnect, they have a mlm style affiliate program that allows you to earn on multiple levels. Now this in of itself does not mean its a ponzi scheme just because it has a pyramid structure where the money flows up to those at the top… however, it does make this even more suspicious to me.

As a member of LendConnect you will be able to earn money from the investment of others. You can earn down to 4 levels below you. The people that you personally recruit to invest in LendConnect you will earn 8% from (level 1), the people that they recruit in you will earn 4% from (level 2), and so on.

This affiliate program is the reason you will see so many people out there promoting this. They are making money from getting people to sign up. Now there is nothing wrong with this…. if its legit. But I’m hesitant to believe it is.

Major Problem I Have With LendConnect

The issue of transparency is always a problem when it comes to online scams. This is expected because of course they are going to hide the fact that they are scams. It would be one crappy scam if they told you the truth right? No one would buy into it.

With LendConnect they are definitely hiding something. Why do I say this? Well because they give no information on the people behind it. You have absolutely no idea if this whole thing was created by an x-scammer or a saint. They don’t tell you anything. This is pretty much always the case when it comes to scams and pretty much never the case when it comes to legitimate opportunities.

Why would they give information on the people running this? If it is as great as they claim these people need to be praised.

Anyways… I have looked into far too many scams to let this just slip by. This is a MAJOR red flag and very concerning.

The Possibility of This Being a Ponzi Scheme

Basically a ponzi scheme is nothing more than a big transfer of money where older investors make money from the investements of newer investors. They provide no real value.

The reason LendConnect looks so much like a ponzi is because they are getting people to buy in and then these people are lending their LCT supply back to LendConnect so that they can trade crypto with their bot… which there is no proof of by the way. On top of that they have the typical pyramid structured affiliate program where you make money multiple levels deep off of recruitment.

In the world of crypto you can never be to careful when it comes to this. There are plenty of crypto ponzi’s that I have reviewed including CryptoGain & BTC Global, which you should watch out for.

Can You Make Money?

Whether its a ponzi scheme or not you will still have the potential to make money. Just look at Bitconnect. There are people that bought into that whole scheme early on and multiplied their money by 100x + depending on how early you got in.

When it comes to ponzi’s, getting in early is the name of the game. The entire system is reliant on new investors coming in. So the later on you get in the less chance you have at making a return.

Will You Make Money?

This is an entirely different question. If this is a ponzi scheme, which I am led to believe it is, then it is bound to collapse. Ponzi’s are guaranteed to collapse once the rate of new investors slows down and they cannot keep up with payments. When this happens the majority of people lose out. Some early investors will make a lot the the overall majority will lose.

Conclusion on LendConnect & Should You Invest?

I’m not going to tell you whether or not you should invest. LendConnect is very shady and I do not trust them at all, however, there is potential to make money here just as there was with Bitconnect in the beginning. So the choice is ultimately up to you. If you are low on money and not willing to take risk then this is not for you. But if you have some money to blow and want to see how this plays out then you could invest if you want.

If you have any questions, comments, or anything to add to this post please leave it below in the comment section 🙂

Cryptocurrency

Is Digitex a Scam Bitcoin Futures Trading Platform? – My Review

Digitex is a new “commission-free” bitcoin futures trading platform that I am very suspicious of. It has a lot of potential to be an elaborate ponzi scheme and in this review I’ll be going over why. If you are wondering is Digitex a scam then you are definitely going to want to hear me out.

There are a lot of people that are promoting this as the greatest thing ever but are doing it just to make money, which I will also go over more about.

Digitex Review

As some of you may know, I’ve been online marketing since 2015 and am very familiar with some of the big players involved in the space. I first came across Digitex after getting an email from a big time online marketer, which I was a bit suspicious of, mainly because the guy I’m talking about (who I won’t mention) has been involved in numerous shady programs/systems over the years that provide little to no value and are set up just to suck money out of people.

After looking more into it I noticed that there are lot of online marketers promoting this program and I’ll be explaining why this is happening soon. First I want to go over what Digitex is and how it all works first though.

What is Digitex and How Does It Work

Digitex is a commission-free cryptocurrency futures trading platform. If you are unfamiliar with what futures trading I’m not going to get into it much, but basically what you need to know is that in this case you are betting on the future price of cryptocurrencies, in particular bitcoin, ethereum, and litecoin.

Digitex’s claim to fame is that it offers “commission-free trading”. That means that you can trade back and forth without any cost right? Well if you were to think that you would be wrong. Instead of charging normal commissions as an exchange normally would, Digitex charges their fees in DGTX tokens, or Digitex tokens. So in order to trade futures on this exchange you will need DGTX tokens.

So while it may be a “commission free” trading platform it is NOT free of fees. These DGTX tokens cost money to buy. They say that they will be releasing a limited amount of tokens each year but I’m not entirely sure how this will all work out.

How Profits Work

Everything will be done in these DGTX tokens which run off the ethereum blockchain. Your profits will be given in these tokens so pretty much everything relies on these tokens holding value.

Something That Is Concerning

So I found out that the reason I am seeing so many online marketers promote this Digitex is because they give out massive referral commissions. They are paying people 30% referral fees, which means that the people promoting it are earning 30% of what you invest in it. So if you buy $100 worth of tokens after clicking on someones link they were promoting they are earning $30 of that during the ICO sale.

Now just because they are offering referral commissions isn’t the part that worries me. What worries me is how high these commissions are. 30% is a heck of a lot to be giving out and I’m a bit suspicious of the whole thing.

On top of this there are also a fair number of others online claiming that this is nothing more than a ponzi scheme designed to take people’s money and reward them with these DGTX tokens which only have value if people continue to use them, which is similar to suspected ponzi’s like BitconnectX & BTC Global Team.

The Man Behind Digitex

Adam Todd is a the creator of Digitex and honestly he does seem like a trustworthy guy to me. I have been reading background information on him and see good things. He has been around for quite some time in the trading industry and even created a software called BetTrader that allows you to trade with Betfair more easily.

I was also reading through information about him on Reddit that seems to be legit.

All the information I see on this guy checks out. He has been around for a while, he has been successful in the industry, he has developed software before (that works), etc.

Conclusion on Digitex – Good Opportunity or Scam?

I’m a bit hung up on the legitimacy of this opportunity. There are things I’m suspicious of that point to this being a scam but then when I look into the guy (and his team) behind it this seems legit. I suppose there will be more information that I can gather in the future but right now there isn’t much for me to go off of.

One thing for sure though is that I really don’t see the value in this “commission-free” trading. Of course they still have to make money to stay in business and they are doing this because you have to buy tokens to be able to trade. So I don’t really see how this helps out traders… I only see this making the creators richer.

If you have an opinion on this place I would love to hear it below in the comment section. You can also ask me any questions you have down there 🙂

Also, if you have time read my post on 10 ways to spot a cryptocurrency scam. It will tell you what to look for and how to identify possible scams.

Paid Survey Sites

Is e Rewards a Scam? – [My Review of e-rewards.com]

At e-Rewards you can earn money for sharing your opinion. Well.. first you earn what they call Opinion Points, which is like their own currency system and then you can redeem those points for things of real value. You earn these points by sharing your opinion through paid surveys, which you are probably already familiar with.

But there are lots of paid survey sites out there that do the same thing so what makes e-Rewards so great or not so great? And is e-Rewards a scam like some of these sites turn out to be? In this review I’ll be going over how this site works as well as if I think it is worth your time. I would read this over before joining.

e-Rewards Review

e-Rewards is what you call a market research site. They are in the business of collecting market research, which they do via conducting online surveys, and selling this research to companies all over. This is a big business and brands are willing to pay a lot of money for research like this so that they can improve products and services.

When you complete the online surveys they offer, you get paid in Opinion Points, which can then be redeemed later on. So e-Rewards gets paid to conduct the research and they pay you a small amount to take short simple surveys.

One important thing worth mentioning about this place that differs from most other survey sites is that it is only available to join by invite only. This means that you can’t just go to their website and join. You have to receive an email invite from one of their partners (aka the companies that pay them to collect people’s opinions)… And I’m guessing that you probably have received this invite since you are here reading this right now.

How It All Works

Once you receive an invite to join e-Rewards and take a survey, you will go through the basic process of signing up. You will have to complete an enrollment survey after you join which will give them some demographic information on you, which is important.

The amount of surveys that you receive will depend on a few things. First off it depends on your demographic. They match surveys up with certain demographics and some people just won’t get as much opportunity because of this. It will also depend on your preferences. You can go into your settings and set a guideline for how many survey opportunities you would like to receive each week.

However, all that said… you aren’t going to be getting all that many surveys.

When you do get a survey and complete it, you will be credited with Opinion Points. This usually happens pretty much right away after completion but on their website they say it can take up to a week to actually go through. Once you have accumulated enough points you will be able to redeem them for rewards.

The Rewards

You can redeem your points for a variety of things, mainly gift cards. The gift cards start out at $5 and go up to $50+. When you get up into the rewards that are valued at over $100 they include mostly flyer miles, hotel points, and things like this.

The downside to their rewards program is that they do not offer the ability to earn plain old money that you can spend as you wish… there is no option to cash out via PayPal or receive a check. This is a bummer but there are still good options.

Complaints

Screened Out

One complaint you will find is from members that are upset about being screened out of surveys. It is not unusual to complete half of the survey and then get kicked out because they didn’t like how you answered a question. This is something annoying that you will find for every paid survey site. My best advice to avoid this is to provide them with as accurate information about yourself as possible.

e-Rewards Currency/ Opinion Points Not Worth Much

One thing that you will find is that the currency they use in their system is not worth all that much. This is how it usually is with sites like this that have their own currency system and is kind-of annoying in my opinion. It makes you think that you are making more than you really are.

Account Issues

I’ve been reading through member reviews on sites like Survey Police and there are a fair number of people complaining about having account troubles…. things like their accounts being closed for no reason, getting locked out and not being able to redeem their points, etc. Typical paid survey site type of complaints.

What I Like

If you do manage to qualify for surveys and are able to make it through the entire survey without getting booted out, you will make more money than most paid survey sites out there. While the normal paid survey sites out there that anyone can join will pay $0.50-$2 or so on average (ex: Swagbucks, PaidViewPoint, etc), you can regularly earn $4+ per survey on this site. But again… that is if you don’t get kicked out.

This is one of the benefits to a survey site that you can join by invite only. They have a much smaller and more trustworthy group of members so they are able to pay them more for their opinions.

Conclusion on e Rewards – Good Opportunity?

E-Rewards is definitely not a scam first and foremost. They are one of the better paid survey sites out there for sure and if you do receive an invite to join I would say that it is worth your time a lot more than the common paid survey sites that you hear about. You can earn more money with your time here than most places which is what its all about right?

That said, you still aren’t going to earn much. You aren’t going to qualify for every survey you take nor will you even receive all that many survey invites. Its a nice way to earn a bit of extra pocket change in your spare time but nothing too special.

If you are looking for a better opportunity to make money online on your own schedule then I highly suggest checking out this program. Not only can you make money on your own time with this but you can make a lot. I actually make a living online with it.

==> Program I’m Talking About Here

Questions, concerns? Leave them below in the comment section and I’ll get back to you soon ?

Apps That Pay You

WHAFF Rewards App Review – Scam or Can You Really Make Money Dowloading Apps?

The WHAFF Rewards app gives you the ability to earn a little extra cash (or other rewards) by doing simple things like installing apps on your phone and playing them. Too good to be true maybe? I know it sounds like somewhat of a strange concept but this really is how this all works.

That said, there are some downsides to this app and its not a great choice for everyone out there. In this WHAFF Rewards app review I’ll be going over all you need to know beforehand. I’ll go over how it all works, complaints, etc.

WHAFF Rewards App Review

As stated, WHAFF Rewards will actually pay you to download and play apps. You will get paid to play games. Sounds fun right?

If you are unfamiliar with this concept here is what you need to know: Basically WHAFF is a platform where developers and advertisers can promote their apps. They pay WHAFF to promote the apps and then WHAFF pays you a small amount of that to try out the app. So its a win/ win for everyone. Developers/advertisers get people to try the app with the hopes of it becoming popular and you people like you and I, who play the app, get paid.

As you can imagine there are all sorts of app offers that you will find…. game apps, shopping apps, streaming apps, you name it.

One of the downsides to it is that you won’t get paid very much at all.

Other similar apps include: PocketFlip & AppKarma.

The Money Making Process

Inside the app you will have a list of offers for apps that you can make money with. Beside each app it will say how much you will be able to earn for each step of the process, which I’ll go over now…

1) Installing the App

The first way to make money is by installing the app. Nothing fancy here. Just install the app and earn a couple of cents.

2) Run the App

Next up is running the app. There will be a specified amount of time that you will have to run the app to get this bonus… usually a couple of minutes.

3) Keep the App

You will also be able to receive a daily reward for keeping the app on your mobile device. This is to keep people from installing, getting paid, and then uninstalling. Don’t expect much though.

Referring Friends

You will also be able to earn $0.30 for referring other people to WHAFF.

How Much Can You Actually Make?

The truth is that you will barely make anything with this app. However, some people still like it because it is very simple to make money with and they can use it in their own time.

Generally speaking you won’t make more than 5-6 cents per app. Not all apps pay the same. Some will pay more for downloading than others, while some will pay longer for having the app installed… you never really know what exactly to expect.

An example for you is: $0.03 to download, $0.02 cents to play for 2 minutes, and $0.01 as a daily reward for keeping it installed. This is a total of 6 cents, which I would say is on the higher side.

Now you might think that you can just leave the apps installed on your mobile device and continue earning daily rewards but this will not work. They will have a specific amount of daily rewards that you are able to earn, usually between 1-3.

Rewards

You will be able to claim gift vouchers, gift cards, and cash after you have enough money in your account with WHAFF. Paypal is your best option in my opinion and I think this is what most people are cashing out their money through.

Complaints

There are a good bit of mixed reviews on this app. Some people love it while others hate it.

Most people that are leaving bad reviews are those claiming that they have not received their payment. They earned money, cashed out, and haven’t actually received the money. This is a serious problem but I don’t really know how widespread it actually is.

There are also a fair amount of people complaining about the rewards that are available. If you live in the US there are a good amount of rewards but if you live in other countries there are probably not going to be as much.

All in all this app has a very good rating on Google Play with 4,4/5 stars. And its also worth mentioning that there have been around 700k people who have rated it.

Conclusion on WHAFF Rewards App – Good Opportunity?

Whether this is a good opportunity or not really just depends on what you are looking for. In my opinion it is pretty much as waste of time but some people like it. Not only are you earning pennies, but you are also going to be draining your device’s battery and using up a lot of data in some circumstances.

Another thing you should know is that you can’t just go through installing apps all day. They don’t have unlimited app offers so there really isn’t all that much opportunity.

But anyways… its not a scam if you were worried about that. participate in making money with this app if you want to, I’m not going to say do or don’t.

Something else that you might be interested in since you are looking to make money in your spare time, is this program. I’ve been a members since 2015 and actually make a living working online with it. You can learn more about it here.

Comments or questions? Leave them below in the comment section and I’ll get back to you soon 🙂

Freelance Writing Jobs

Is ReviewStream a Scam? – Review of This Money Making Opportunity

ReviewStream (reviewstream.com) is a review site that will pay ordinary people to review products that they already have, or had. But is this site worth your time and even more importantly… is ReviewStream a scam?

I know there are a lot of people looking into this site because they are interested in making money online, which is the reason I’m writing this review. In this review I’ll be going over how it all works, how much you can make, complaints that people have and more.

ReviewStream Review

To many people Review Stream probably looks like a scam. The site seems a little rusty and looks like its from the early 2000’s…. and well… that’s probably because it is.

The site has been around since 2005 and judging from the looks of it I’m guessing it hasn’t changed much.

How it Works

Its pretty simple… they pay you to write reviews. But they are different from many of the other review sites like this.

Its not like they are going to send you sample products and have you review them or anything like that. Instead… you will get to choose what you want to review. You can review anything that you have or have had.

There are literally thousands upon thousands of different things you can write a review on. Below you can see all the categories and the many products that fall into these categories. There is no doubt that there is definitely some products that anyone would be able to review here.

You will be able to rate the product you are reviewing from 1-10 and they are looking for you to write 250 words or more.

Its also important to give your opinion. They don’t want you explaining how to use a products or anything like that. They want to hear what you think about it.

How Much Will You Make?

The simple answer is not much. You will earn between $0.50 and $2.5 for each review. From what I hear you can also earn $0.10 when your review gets a vote as well.

Earning potential depends on what category your review falls into: Bulk or Review.

If you write a good review then it will fall into the normal Review classification. But if you write one that leaves more to be desired and is overall poor quality then it will fall under Bulk. The pay for a Bulk review is only 1/5 the normal pay.

On top of all of this you will also be able to earn 2% commissions on the money your referrals make, which in my opinion is nothing.

Getting Paid

You will first have to write 10 reviews before you are eligible to get paid. Additionally you will have to meet an account balance requirement which means you will have to write more than 10.

Complaints

Its important for me to go over the complaints about ReviewStream because…. well… there are a lot of complaints. Many of these complaints from other reviewers I found on sites like SiteJabber.

Rejected Reviews

There are tons of complaints on reviews being rejected and this is definitely something to consider if you are thinking about joining.

Many people claim that their reviews are rejected for no rhyme or reason. They say that ReviewStream doesn’t know what they want and will ask you for one thing and then reject it.

Judging from some of the harsh reviews out there it seems that they really make an effort to not pay you for your work. But of course you can’t always trust every complaint you read… many of them were written out of anger and often are exaggerated.

Unprofessional Site

You can tell that the site is very unprofessional just by looking at it. It contains many poor quality reviews with poor images, is messy & hard to navigate, and just looks like a website from the early 2000’s.

Navigating around and actually finding the product that you want to review can be a real hassle. Sometimes it seems its better to just give up. There is no simple search box where you can look up any product that you want to easily. You are going to have to waste a lot of time searching around.

And of course the admins of the site don’t seem to be very helpful and don’t set out very good guidelines for writing “acceptable” reviews.

Conclusion on ReviewStream – Scam or Good Opportunity?

There are a fair number of complaints going around about this place being a scam but honestly I don’t see it being one. You can make money writing reviews here it just seems that its rather unprofessionally run and because of this there are plenty of things to complain about… such as it being hard to navigate and reviews being rejected for reasons that don’t make much sense.

The best feature of this site I would have to say is the sheer amount of products that you are able to review. You can review just about anything… its finding the products that you want to review that is the hard part.

Some other sites that you might be interested in that will pay you for your opinion include Swagbucks & PaidViewPoint. These are definitely better quality sites than ReviewStream, however they don’t pay much either. If you are looking for a way to legitimately earn good money in your spare time online I would suggest this program. I’ve been a member since 2015 and make very good money with it.

==> Program I recommend here

Comments or questions? Leave them below and I’ll get back to you soon 🙂

Page [tcb_pagination_current_page] of [tcb_pagination_total_pages]

First

Last