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
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 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 🙂