Product Name: Bitcoin Wealth Alliance
Product Owner: Chris Dunn AKA Anthony Trister
Advertised Price: $47
What Is It?
An ultra secret bitcoin trading strategy never been seen before that Chris Dunn is going to release for just $47 because he’s such a niche guy.
In other words, it’s total BS.
There are just too many red flags to even consider purchasing this bitcoin trading product.
Before You Buy
First off, I didn’t actually buy this product. Say what you want, but most of the “reviews” you find out there didn’t buy it either (discussed below).
OK, so there’s a bit of history to cover before we actually get to the actual meat of Bitcoin Wealth Alliance.
This is the real guy behind the product, or at least the “product launch”. Anthony Trister is a notorious internet marketer that is most famous for his product Coffee Shop Millionaire. I gave it a negative review.
But that’s not all he does. If you are on any of his email lists, you may notice that he promotes a large number of there “make money online” products. In fact, he’s frequently featured on JV leaderboards for top sellers of OTHER people’s products. (If you don’t know what a JV leaderboard is, it’s basically a Top 10 for joint business projects, very often scammy in nature)
You can see here that Trister is responsible for the launch of Bitcoin Wealth Alliance. It’s unclear how much Chris Dunn actually had to do with the creation of this product, but the whole thing smells a lot like the collaboration between Peng Joon and Kaleb Nation.
Celebrity + Internet Marketer = New Angle To Get Your Money
Forex Trading Scams
Forex trading scams have been around for many years. In fact, they’ve been around for so long, that most people are well aware that there’s no fast way to riches via Forex trading.
So now people have tweaked the end product a bit (keeping the uber hyped, snake-oil-salesman-like approach) and are making products about Bitcoin and Binary Options.
If you’ve been scammed by binary option trading software lately, then you can pretty much stop reading this review right now. Bitcoin Wealth Alliance is not much different.
With regards to Bitcoin, most people know enough to be dangerous. They know that the stock is very volatile, and all you have to do is say “I know how to take advantage of the volatility”, and everyone’s ears perk up.
So knowing the backstory of all these elements, you start to see the sales pitch for BWA a little bit differently.
What I Liked
Chris Dunn is a real person that seems to do some kind of futures trading in real life. This is surprising because most of these get rich quick schemes use fake names.
How well Dunn does with his trading versus how much he makes selling info products has been brought under question across a few forums, but to be honest, most of that kind of talk was speculation.
Still, it should be considered, and it’s obvious that Dunn is as much of a marketer as he is a trader. His other stock trading info product are called Emini Academy and Trader Formula.
What I Didn’t Like
There are no “secret trading strategies”. People spend millions and millions of dollars to try to guess which way the stock market is going, so if you think that you are going to get rich by buying a $47 info product and investing $25 into trading bitcoin you’ve got another thing coming.
From the video, it’s clear that we’ll be shorting bitcoin (when he talks about making money when the stock goes down). Yes, you can make money this way, but it’s also a much more risky approach to investing.
At least with being “long” a stock, the worst that can happen is that the stock goes to 0 and you lose everything. When you short a stock, you can actually lose MORE than you invested.
Make no mistake, this is normal trading where you can LOSE money.
Exploiting Gullible Buyers
Sorry if you are in this category, but it’s clear from the marketing that they are looking for suckers. I review A LOT of products on this website, and especially things like MLM, network marketing, and pyramid schemes all say the same thing:
- This is NEW
- Get in on the ground floor
- This is the opportunity of a lifetime
- Do it now or you’ll regret it
This is clearly Trister’s work who is no doubt familiar with this type of exploitative marketing. Of course, in tiny letters at the bottom of the screen you see a link to an income disclaimer that say things like: “typical purchaser does not make any money”, and “examples are based on past data”, and other things that basically don't jive with what's implied in the sales video.
This is just so they can cover their a**es and be “legal”, but in my book, it’s just plain misleading marketing.
No Legitimate Reviews
You might have searched for reviews of Bitcoin Wealth Alliance and found some positive things said about this product. But if you look closer, you’ll notice a few things.
1. Many of the positive reviews are sponsored advertorials. It means the website was paid to write a positive review.
2. There are many low quality sites that say good things about BWA but have other confusing elements about them. This is a great example
It’s Just Not That Easy
Bitcoin Wealth Alliance wants you to think that this is your ticket to financial freedom. Your day has finally come, and all your financial woes will be solved if you just buy this one product.
But making money is NEVER easy. No matter what you do in this world, you have to work for it.
People absolutely make money trading futures. And yes, some people make money quickly. But they don’t do it overnight, and they don’t do it without a ton of practice (and sometimes putting large sums of money at risk).
If you want to learn how to trade futures, I suggest you start at a reputable website like Trading Charts, Ameritrade, or even create a virtual trading account to test your skills . At least look up the facts on Investopedia.
Another get rich quick scheme put forth on the interwebs by savvy infomarketers.
If you have your heart set on trading, I don’t have any products to recommend except for the stuff I linked above. To be honest, day trading isn’t for me. I do long term investing and am happy with matching the S&P 500 with a index fund.
If you are looking to make money fast, I also have nothing to recommend for you. In my 4 years working on the internet, I’ve never seen anyone make money quickly without a ton of experience to back it up.
But if you are still searching for a way to start a legitimate online business, then you are in the right place. I am an affiliate marketer, which means I sell products from other companies on my websites.
It’s not fast, but the business model does work, and I can help you get started. The best training on how to start your first affiliate marketing business is here. Part of what I do these days is help people start their own affiliate marketing business, so I will be there every step of the way as you go through the free beginner training
So what do you guys think? Have Trister and Dunn really got something going on here or are they just info marketers looking to exploit a group of people?
Latest posts by Nathaniell (see all)
- Can You Really Make Money With The S’more App? - March 23, 2018
- Top 5 LMS Plugins For Creating Learning Environments in WordPress - March 21, 2018
- Top 10 WordPress Polling Plugins For Engagement, Feedback, and Fun! - March 21, 2018