Product Name: Desert Millionaire
Product Owner: ‘Chris’
Upsells: $250 minimum deposit
What is it?
Software for binary options trading that claims you can make more than $70,000 per month.
Desert Millionaire promotes binary options, which is a risky approach that can get expensive quickly. You have to deposit $250 to even use the ‘free’ software, and getting that money back out is difficult if not impossible in many cases.
Before You Buy
Be careful if you read any reviews about Desert Millionaire. The site has an affiliate program, so many of those who are writing positive reviews are affiliates of the site and most of them are lying through their teeth.
What I Liked
There is nothing that I liked about this site or ones like it. They are manipulative, pure and simple.
What I Didn’t Like
To start off with, the guy at the start of the landing page video looks suspiciously like he is reading off a script. In fact, that is exactly what he is doing, and you can see this is the guy on the right, who is selling his services for $5 on Fiverr.
Here is another example:
Hiring someone to give a fake testimonial for a product is a fairly common approach, and it is also very manipulative. After all, if the product had legitimate testimonials, why didn’t it use them?
This should be the first indication that this product isn’t all that it seems to be.
The author keeps using these same individuals as ‘proof’ that the software makes money.
While we are on the topic, the site is manipulative in another way as well. There is a counter on the side of the page that tells you how many membership spots are left – but it isn’t true at all.
If you refresh the page or open it up in a new window, you’ll find that this number magically resets back to 38, which appears to be its default. All the counter really does is try to make people hurry.
The marketing for Desert Millionaire claims that you can earn more than $70,000 each month, without having to spend any money at all.
Earning that much money consistently from an online product is very unlikely – particularly from one that costs no money and takes little work. Yet, that is exactly what this product is claiming.
Realistically, there are no shortcuts to making money online, and it is a process that takes time and effort. Products like Desert Millionaire that claim otherwise are completely misleading and are trying to scam you.
Additionally, the marketing implies that there is little risk involved in earning this money. However, as I’m going to show you, this approach is very risky and it can result in you losing a lot of money.
The sales video for the product also makes it pretty clear that he doesn’t actually know what he is talking about. For example, he says that he tried all of the money making systems online, including:
- Internet marketing
- Pay per click
In reality, all of those strategies fall under internet marketing, as does what he is doing with Desert Millionaire – as he is making money by promoting a specific product (and yes – he is making money, but not from what he is promoting).
The Money Making ‘Strategy’
The focus of this product is on ‘revolutionary’ new software. Honestly though, there is nothing unique or even unusual about the software. I have looked at dozens upon dozens of different online products that have a variation of this claim.
Most of the time the sites do offer their software for free, like this one, but other times they charge.
The software itself might be free, but you can’t actually make money just using the software. That really is the catch with this product and many others like it.
To make money, the very first thing you have to do is deposit money into an account with a binary options trader. In this case, the trader is RB Options. The minimum deposit is $250, although of course the broker recommends that you deposit more.
Before you deposit any money, the site makes this claim:
That isn’t really true though.
For starters, the software that Desert Millionaire offers can access those funds. This software is automated, which actually makes it difficult to have control over what money you use.
Additionally, most binary options traders make it very difficult to actually withdraw money back out of your account. For this particular trader, you have to go through an identification process to withdraw any money. This includes the need to submit identification documents.
Also, there are some bonuses when it comes to depositing money into your account. If you use any of these, there are additional restrictions on when you can withdraw.
All of this means that it is very difficult to get money back out, and many times you cannot get back all you put in.
Overall, this product uses an approach called binary options trading. This is a form of options trading where you are attempting to predict whether a given asset will increase or decrease by the end of a particular period.
Predicting this type of movement is challenging, even if you know the market very well, because there are a large number of small changes that occur over time. Even if you can identify a trend, there is no way of accurately predicting whether the movement will follow the trend when you want it too.
The way that binary options is set up means that you have roughly a 50% chance of winning any bid. However, because of the difference in the amount you win versus the amount you pay, you have to win somewhere around 60% of the time to even break even.
With the odds stacked against you like this, you would have to be very competent and very lucky to make money.
In theory, the software that Desert Millionaire provides is supposed to increase your chances of winning. However, it doesn’t really work like that. Software simply doesn’t have the ability to predict these types of trends.
In fact, sites like Desert Millionaire typically don’t last long because they are so misleading and they trick people into losing money.
Software that gives you miraculous amounts of money without costing you a cent simply doesn’t exist. Like many similar sites, Desert Millionaire simply manipulates people into spending money.
Making money online effectively really involves starting up your own business and building on it. This does take significant time and effort, but there are places that you can go to learn more about how to get started and the steps to take, even if you have absolutely no experience.
I personally learned how to make money online through a training site, and this is my recommended service to anyone who has even a passing interest in earning money online.