1K in 1Day is an opportunity-based site that offers, you guessed it, the chance to earn $1,000 per day. The site was apparently created by John Becker in 2012 and seems to be high-quality – at first glance anyway (okay, high-quality isn’t quite the right word).
But, is that really the case? Is 1K in 1Day a realistic way to earn money? It doesn’t take long to start spotting major flaws in what the site has to offer, along with the claims that it makes.
Red Flags With The Site
One of the first things that you’ll see on the 1K in 1Day site is the claim that your private invitation is about to expire. That’s also the first lie. Because there is no private invitation. Instead, you might have found the site through searching on Google or you might have been one of thousands of people spammed with an email.
Besides that, the ‘invite’ isn’t expiring soon. You’ll have the ability to register until the site gets pulled down for whatever reason. The owner wants to make as much money as he can. There’s no benefit in arbitrarily limiting the membership.
Likewise, there aren’t more than 400 people in your area waiting to join. There probably aren’t even 400 people near you that know about 1K in 1Day.
Coming back to the site owner, it’s probably not John Becker. The provided image looks suspiciously like a stock photo. Plus, that combination of name and face is only ever used on 1K in 1Day, reviews of the site and a related scam or two.
There are some testimonials too, but they seem to just come from paid actors from Fiverr, not actual users. There aren’t any details about who is actually involved in the site. That’s never a good sign.
One other issue is the disclaimer. The site has a legal disclaimer at the bottom, which highlights the various risks in clear detail. That’s promising. But, most of that disclaimer talks about a company called Crypto Advantage, which is often considered a scam. 1K in 1Day has basically just copied the disclaimer from Crypto Advantage word-for-word.
I can’t be sure why they did that – but I can hazard a guess. There’s a good chance that whoever is behind 1K in 1Day was also behind Crypto Advantage. That person is simply trying to save time by replicating some aspects of the original site.
These issues alone don’t mean that 1K in 1Day is a scam. There are some legitimate reasons why a site might choose to hide the real owner and use paid testimonials (although it’s a horrible practice). Still, the pattern shows that the site is willing to be misleading and that’s never a good start.
The Underlying Approach
Those red flags are concerning, but not nearly as much as what 1K in 1Day is actually promoting. Basically, 1K in 1Day is selling software that is designed to be used with binary options trading.
According to the marketing, this software decreases risk dramatically – to the point that you are always guaranteed to win a trade. This would theoretically eliminate any learning curve with the trading and ensure that you are always earning.
Let me make one thing clear – trading DOES NOT work like that. There is no software in the world that can guarantee that you always win a trade. If software like that existed, it would entirely break the financial market.
The claims aren’t unusual either. Many binary options scams promote software that is meant to revolutionize trading and guarantee success. Needless to say, they don’t. People simply get sucked into them and end up losing large amounts of money.
Because you see, that’s the other issue – this isn’t free, not by a long shot.
Now, the site says the software is free and there are no hidden fees. That’s technically true, but it’s misleading. To earn with 1K in 1Day, you’re making trades on the market. The minimum bid is $25 per trade and the trading broker will have a minimum deposit. Your deposit often has to be at least $250 and might be much higher than that.
If you want to make the amount of income that 1K in 1Day is claiming, you’d have to invest much more than that. There’s also a good chance that you’ll lose everything you invest.
On a related note, 1K in 1Day promotes automated software that apparently gives you the ability to ‘make profits passively’. Automated trading sounds like a good thing but it has serious issues too. This approach takes the control out of your hands. It can often mean that you’re making (and losing) trades, with little way to rein it in.
It’s also worth noting that reviews in the binary options field also consider the 1K in 1Day system a scam. Some of them talk about the ‘proof’ that is provided for the system, along with the fact that the math simply doesn’t add up. Other complaints suggest that 1K in 1Day is recommending an unreliable broker, which isn’t appealing either.
So, even people in the binary options field itself call 1K in 1Day a scam. These are people who are actually engaged with binary options trading. If they don’t like this system either, it’s a sure sign that something is amiss.
Binary Options Trading
Binary options has become well-known in recent years, simply because there are so many scams out there. This is partly because the trading is so easy to explain and it feels less overwhelming than cryptocurrency or Forex trading.
Some people also consider it a legitimate way to earn. If you learn the market that you’re operating in well, there is the potential to predict which way the trade is going to go. However, any binary options broker will take a cut. As a result, you have to win more than 50% of your trades just to break even.
That’s tough to do, even for experts in the field,
If you’re interested in binary options anyway, it’s important to research carefully and choose a reliable broker. That includes looking at their terms and conditions, along with reviews from people in the field. Also, be aware that binary options is not regulated in the United States and being involved in this type of trading may be illegal.
As such, you should tread carefully and do your homework first. Personally, I don’t recommend binary options trading in any shape or form. There is too much risk and minimal potential to predict the market.
This is something that 1K in 1Day points out in the disclaimer too. This type of trading is considered high risk and users shouldn’t trade with anything that they’re not comfortable with losing. Of course, that doesn’t stop 1K in 1Day from making many bold statements about how much you might earn with the system or how ‘guaranteed’ it is.
1K in 1Day is yet another binary options scam. The site is promoting an unrealistic income level and provides software that could never meet its claims. They’re also referring you to an unreliable broker, one that mightn’t pay out even if you did make a profit.
When you combine this with all the manipulation and outright lies on the sales page, it’s clear that 1K in 1Day is never going to amount to much. The site is one to steer clear of, even if you’re interested in binary options as a system.
Besides, companies that promote trading to beginners are concerning right from the start. Regardless of the approach, trading involves risk. Most successful people are those who learn the market and make wise decisions. You’re never going to get there by relying on a piece of software that you don’t understand.
Products like this are obvious scams. They claim that making money online is quick, easy, and you just need to pay the fee to learn the secret.
In my 8 years making money online, that's never been true. To make money online, no matter the method, you have to work hard, and work consistently for at least 2-3 months before you start seeing results
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