Product Name: Only 34
Product Owner: James Alexander
Advertised Price: Free
Actual Price: $300 and up
What They’re Selling
A program designed to improve profitability in trading binary options
What to Expect
Only 34 is a piece of software that is designed to take advantage of binary options trading and reduce the level of risk. It’s important to note that binary options is an approach to stock trading that is high risk. One of the key factors of binary options trading is that there are only two possible outcomes, either you win a fixed amount, or you lose your entire investment.
In reality, binary options are little more than gambling. It is possible to make informed decisions, but the risk involved in this form of trading is still substantial. This is true even with the software that Only 34 offers.
Realistically, this software does not guarantee actual profits from binary options, and the risks of engaging in binary options are still substantial. This is particularly true for people who have never used binary options trading before or are new to stock trading in general.
What I Liked
Binary options is a legitimate (albeit risky) way of making money online and may suit some people, particularly people who have the money to invest. However, it is much riskier than other forms of stock trading, and most people will lose money, even with the Only 34 software.
What I Didn’t Like
Honestly, the entire concept of Only 34 is really a little ridiculous. The idea is that just 34 people a month will get access to the program, and these 34 people are the lucky ones.
Realistically, this is highly unlikely to be the case.
After all, do you think affiliates would bother to promote the program if there were only going to be a total of 34 sales every month?
The advertising video for Only 34 is simply painful. Not only is the video nothing more than a collection of slides with generic images and a voice over, but you have to put up with the product owner talking about how he isn’t prepared to work hard for anything.
As statements go, this is particularly arrogant, and honestly isn’t helpful for the viewer at all. Are we really expected to believe that the product owner is so lazy that he never works hard for anything? Even if he is, this doesn’t really mean anything to people viewing the video.
Personally, I wouldn’t trust anyone who thinks that hard work is a bad thing, or that making money online is easy and effortless.
After all, if it really was, there wouldn’t be many people working ‘normal jobs’.
A very early part of the advertising video is the product owner discussing what names people call him.
Honestly, these aren’t the names I would pick.
In reality, the names that he is getting called are more likely to be scam artist and misleading salesman, because his product appears simply too good to be true.
One question that I would ask is, if the product owner really is a lazy millionaire, why would he bother to go through the whole process of marketing this binary trading software to start off with?
The fact that he calls this his newest project is an indication that making and marketing these types of products is how he makes his money.
The product owner is James Alexander, who has made other products for making money online, suggesting that Only 34 isn’t nearly as good as a product as it is advertised. Like many online businessmen, James Alexander makes his profits largely from selling products and systems, rather than actually using the systems he is selling.
After all, if he didn’t make profit from this marketing, why would he even bother to go through with it in the first place?
Okay, one argument is that the product owner is just a ‘good guy’ who likes to give away all of his secrets, but really, would you buy that? People who are successful at making money online (and really anywhere else for that manner) don’t tend to give away their professional secrets.
Few businessmen give away anything at all, and if they do, it’s normally because it benefits them in some way.
Clearly, the product owner is making profit from Only 34 in some way, because the product has its own affiliate program.
Because of this, most of the positive reviews that you will find on Only 34 are simply affiliates, and are making money from promoting the product.
At the end of the day, if Only 34 was anywhere near as good as it sounds, the product owner wouldn’t be promoting it so extensively online as the benefits from selling Only 34 would not be nearly as good as what the system made.
The Only 34 product itself is free, but don’t let this fool you into thinking that there are no costs involved.
Only 34 is a binary options product, which means that the very first step for users is to create an account and deposit money into it.
To even get access to the Only 34 software, users have to deposit around $300 into their account, although there is significant pressure to invest more.
The theory is, the more you invest into the trading, the greater the rewards will be. Certainly, it is true that a larger investment will result in more profit if the person wins, but larger investments also come with more risk. For example, an investment of $300 means that the user can only lose $300, while if a person invests $2,000, then they risk losing all of that too.
Binary Options Trading
Only 34 makes use of a specific approach to gaining profit, which is binary options trading.
Binary options have been increasing in popularity in recent years, but this is largely because the process sounds so wonderful, not because of actual merit.
Stock trading is tricky to start off with, and there is always a chance of winning and a risk of losing. With binary options trading, this risk is much more significant, because there are only two possible outcomes. Either the investor will win a set amount, or they will lose their whole investment.
This means that there are no small wins and no small losses, particularly when dealing with large investments.
Basically, binary options trading involves guessing what way a stock will go up based on your own knowledge and just plain guesswork. In theory, Only 34 will reduce the amount of guesswork involved, but in reality, there is only so much that a piece of software can do.
Despite what Only 34 promises, it is not possible to guarantee risk from stock trading, particularly not from binary options. Users face a considerable amount of risk, and only those experienced in this type of stock trading will even have a hope of making profit.
There are a considerable number of reviews online already promoting Only 34 as an effective product, however it is important to be wary of overly positive reviews.
As I mentioned above, Only 34 has an affiliate program. This means that people are getting paid based on getting people to sign up for Only 34. These people have a large amount of motivation to sell the product, even if it isn’t any good.
In fact, many affiliates have never even used the product they are promoting.
Given Only 34 requires an investment of around $300, it is likely that most reviewers will have never even got to the point of trying the actual software.
Some reviews I found didn’t even seem to know what Only 34 was, like this one:
Other reviews simply repeat the language and claims of the software and its author, without adding any new information at all.
Who Is This Product For?
Binary options are a legitimate way of making money online, but they are also highly risky. Making profits through binary options trading involves careful research, solid decision making and luck, even when you are using software like Only 34. Furthermore, you also have to have the money to invest to start off with, which might not be easy to come by for everyone.
The potential advantages that Only 34 has to offer are only really relevant to people who have an understanding of the binary options system and are in a position to profit from it. The high level of risk involved means that this is not an approach that beginners should try.
In reality, approaches like binary trading are ones that people with money to invest may consider. This is not a good approach for someone looking to make money online, as the losses may be significant.
Technically speaking, the claim that Only 34 is a way of making money with barely any effort is true, because you could make the same claim about gambling. While some people might make money through binary options, the majority of people will lose money, and often quite a lot.
For people looking to find an effective way of making money online, Only 34 is not a good choice. A more reliable approach is internet marketing, which allows users to make profit by promoting products from other companies and people. You can learn how to do this at my #1 rated product here on One More Cup of Coffee.
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