Is Profit Genius a scam?
So where do we start with Profit Genius? Nowadays it’s best to avoid sites trying to sell you products that guarantee wealth with minimal effort on your part. Profit Genius is one such website and it is no different from the hundreds of scams plastered all over the internet. Can You Profit With Binary Options?
These types of scammers are getting cleverer by using tactics to make their systems appear authentic and in the process, try to win you over into buying a useless system that never makes you any money. It would be unfair for me to label profit genius as a scam without any valid facts, so I’ll be giving you a full review of the product in the post below. Here we go…
Product Review of Profit Genius
Name: Profit Genius
Cost: Free Software, Minimum deposit $250
Owner/s: Henry Goldman
Rating: 1/10 ★☆☆☆☆☆☆☆☆☆
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Profit Genius Sales Video
We are introduced to a guy named Henry Goldman who promises that he is going to make me “filthy stinking rich. So rich that if I watched the video to the end, I might get the chance to earn staggering figures like……” At this point, we are shown Goldman’s bank balance which has a hefty $2,000,000 in it. Man, where do these people come from?
The system promises to make its members between $563 and $3,255 per day. Yeah right!
On the website, we are shown a set of FAKE numbers such as 1003 live visitors, 465 beta testers, 164,781 total trades and a combined profit of $1,678,891 from its members.
How do I know these are fake numbers?
Referring to the above, if you go onto the site you will notice that the figures will always start at “A” and gradually increase as shown at point “B”. If you refresh the page, the numbers reset back to “A”. It’s a simple code placed in the background to make you think that the website is gaining momentum. Another clever tactic to make you feel as though you are missing out on all activities taking place.
Another Serving of Fake
I must admit that it’s all been put together quite well that for the untrained eye this would all appear to be legit. If you take some time to study the “live” feed you will see that the same comments will start appearing, the only difference is that they are allocated to different names as shown below
A System of Lies
Given that this website is built one lie after another why would anybody still want to invest their money with them? Sometimes the lie isn’t that obvious or it could be that someone’s desperate situation forces them to only see the potential profitable outcome and nothing else. If you fit into one of these categories or have found any other reason to sign up with Profit Genius and need more convincing then keep reading…
So how does profit genius claim that they can make you rich?
Through a trading technique called Binary Options, which is a method to trade commodities such as gold, silver etc and stocks. You won’t actually own the commodities but you make a trade based on the price either increasing or decreasing over a very short space of time between one to five minutes. This might sound like it’s not much but prices tend to fluctuate massively, even in the space of a single minute.
If you chose right by the end of your short trading session and the value of the commodity has increased or decreased you would have made a successful trade and you get to keep your original investment plus a small profit less the broker’s costs.
This all sounds so easy and the prospect of potentially earning cash in such short time frames will excite many people BUT in actual fact, you are exposing yourself to one of the riskiest methods of trading. In the space of 1 minute, the price of a commodity can shift more than 60 times in either direction.
The short window of time actually works against you because it doesn’t give you, or whatever system you decide to use, enough time to look for a trend and plan out your trades properly. You are just gambling your money in the hopes that you will win and although you might win on some of your trades, it isn’t a sustainable way to make money. You will eventually lose it all. This is the reality of profit genius.
Unfortunately, scammers will do their best to make Binary trading appear to be the easiest thing in the world. They will promise to make you “filthy stinking rich” if you use their system and their favourite phrase is “you don’t need any prior experience”. I’m sure you’ll agree when I say that nobody needs to be expert at losing money.
A “Genius” Sales Pitch
The focus here is the sales video which lasts about 20 minutes and delivers a very convincing scenario to make you feel that everything you have ever yearned for financially is within reach. This play on your emotions is one of the most powerful techniques used by scammers to deceive you.
During the video, you are lead to believe that you can make a lot of money with no hard work or experience required on your part. The most entertaining bit was when the narrator explained to us that he was previously scammed and he even goes as far as to discredit other systems. Their hypocrisy knows no bounds!
At this point I’m even wondering whether Henry Goldman even exists? Probably not.
I wasn’t surprised when I discovered that our good friend Henry paid an actress to provide a customer testimonial.
The video continues to discredit other trading systems and tries to provide assurances that you won’t lose your money or your time if you use Profit Genius. I’ll say it again if you didn’t catch it the first time- Their hypocrisy knows no bounds! No solid evidence has been provided by “Henry” to prove that this system is profitable.
Pros:
- Absolutely none.
Cons:
- Fake “live” data feed.
- Fake “live” comment feed.
- Paid for actors to give fake testimonials.
- Endorses toxic trading techniques.
My Final Say
My verdict is that Henry or whatever his real name is would make a brilliant magician. He has the ability to make things appear real when they aren’t actually there. His top trick- he’ll make your money vanish in an instant. Only this time he doesn’t give it back to you.
Steer clear of Profit Genius at all costs. You are better off saving your money and buying tickets to watch David Copperfield. There’s no proof to verify “Henry’s” tall claims but a lot of warning signs showing that whoever is running this system will use any deceptive means to take your money from you.
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I’m not a big fan of get-rich-quick schemes or Cryptocurrency MLM programs, let’s just say that I’ve been caught short a few times.
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Of course manikg budgets for yourself and lifestyle and saving is always the first step in getting money. Unfortunately as humans we always want a lot of money and we want it fast!I suggest looking for possible another job on the side or quitting the one you have and finding a higher payed job. Now a-days if you are good with any form of technology or computers, you automatically have a great paying job. Investing is a great way to get you on the rich track. With the economy today it’s a bit harder to invest in real estate but I suggest when the prices are low like they are now, buy a place and start renting it out. People are renting more than purchasing. Just remember with every new property it’s another mortgage. If you are comfortable with stocks than go for it! Just don’t get overly cocky once you had a great win and put too much money in. You can lose it as fast as you make it.Try to stay clear of loans as much as possible! Whatever you do, DONT STOP! keep moving forward. Was this answer helpful?
Hi Lahoiria, some good suggestions in your comments. Although finding a higher paid job isn’t quite so easy without the relevant work experience or qualifications. Instead I decided to invest in myself and generate my own income without the need of relying on an employer to give me my next job or a long overdue pay rise. I chose the WA training course to build my online home business and I have no regrets 🙂