The cryptocurrency market is getting absolutely crazy and now this James Altucher Report has been popping up everywhere.
So who exactly is this Altucher guy and can his report make you a millionaire like it claims?
Lets get started on this report shall we?
Altucher Report – Review
If you’re reading this you’re probably looking for some answers right? From what this report claims you can become a millionaire with his strategies.
Some claim Altucher is giving million dollar crypto advice. So is there any truth to it? Is it easy enough to find opportunities like the TokenPay ICO before it hits exchanges or not?
These are some of the questions we are going to answer.
The problem is most of the Altucher reviews you’ll find are done by affiliates. So they are going to tell you how great it is so you spend money and they make a commission.
There is nothing wrong with promoting a product and making money. If it’s giving you value and results it’s win win.
But if I believe there is a better way I’m going to let you know. And I will explain in detail.
I want to put it out there. I am NOT an affiliate of the Altucher report.
I’m not calling this product a scam or junk. However there are a few reasons why I am not interested in the Altucher Report.
Would you like to know why? Keep reading!
James Altucher Background
After doing some research on Altucher it seems like he’s a pretty smart guy. He is sort of a jack of all trades in the financial space.
He’s a former hedge fund manager, angel investor, Author and entrepreneur.
Altucher has published an astounding 17 books from what I could find. It could be more.
He’s also written for Huffington, ‘theStreet.com’ and Seeking Alpha.
Spoke with a few people who are familiar with Altucher. He’s had an extensive entrepreneurial background to say the least.
His resume is full of highs and lows which is common with most entrepreneurs.
Whether you’re an entrepreneur or just getting started we all can agree on one thing.
Building a successful business is hard work. This ain’t lotto! So regardless if Mr. Altucher’s product sucks or not is beside the point. This guys a hustler for sure.
From what I found he’s co-founded possibly over 20 companies make a handful of them work.
Altucher Highs and Lows
Reset Inc and Stockpickr seem to be his most successful.
Reset Inc was a web design firm. They had some high end clients such as Wu-Tang and Time Warner. It seems as if they sold out to HBO for over $15 million USD.
Seems as if Altucher made some bad investments during the dot com bubble and lost it all.
He eventually worked his way back up and became a hedge fund analyst. With time he built up a strong network .
Through these channels he created Stockpickr which helped traders share investment ideas.
One year later seems Altucher sold his company for a cool $10 million USD.
In 2008 the crash emptied his pockets again. Altuture once again picked himself back up and invested heavily into Buddy Media. Salesforce bought him out for $800 million!
I will say this. Being an entrepreneur is definitely part of Altucher’s DNA and he doesn’t seem to be stopping.
Altucher Report – What Is This?
Basically it’s a newsletter which he claims can make you rich! A business report if you will.
That’s basically what you’re going to get by seeing his ads around social media.
They really don’t tell you much other than he’s the zenbuda of picking crypto coins!
Here are some screen shots from people promoting his product:
Altucher Report Price Point
I didn’t personally sign up for the Altucher report but there are two price points and possibly an upsell.
Supposedly Altucher had another information product that had an upsell of $2500. Not sure if it’s the same with the Altucher Report.
I have been working online in some way since 2002. One thing I know for certain is a lot of the money being made online is with ‘picks and shovels’. They are disguised as information products and tools.
Sometimes they can get you great results and sometimes not. Personally I hate to pay for information when I can get it some place else for free!
Altucher proclaims to share ‘groundbreaking’ opportunities that have the potential to yield 1000% profits.
Most of my friends are making 1000% profits in cryptocurrency right now and we are not charging for it.
In the crypto space this is absolutely doable but why sell a course on it?
In short there is a TON of money in it. Picks and shovels in most cases make more money than the business it’s promoting.
I could give you 100 plus case studies in all types of markets.
Altucher also talks about his venture capitalist friends backing startups such as Uber, Airbnb, Dropbox and Buzzfeed.
That’s cool but why are you charging me for this newsletter?
Here is a screenshot after you login to his affiliate offer:
Altucher Report – Money Making Machine
Listen I hate to be negative. I’ve been trying to stick with companies that I am personally involved with. It’s easier because you don’t make enemies and everyone loves you!
This Altucher Report is a money making machine. Altucher has an army of affiliates promoting his product all over social media and search engines.
I can’t say 100% because I haven’t personally seen the product. It better be REALLY GOOD or he’s gonna pee a lot of people off when they lose money on his investment strategies.
A perfect example is a friend of mine buying into a newsletter kind of like the Altucher Report. It cost a couple thousand for them to tell him to buy XRP coins!
Would of been a lot easier to spend that $2000 on the coins itself cause there only .24 cents! That’s a lot of money for mediocre advice.
Personally I wouldn’t even buy those coins because they are not decentralized. So $2000 wasted! That’s a lot of money.
Altucher Report – Things I Like
- I like how you get some training videos for free when you give an affiliate your email address. Anything free is good and you can usually learn something!
- Investment strategies coming from a different respective is always worthwhile. Whether or not you’ll be buying the next Facebook at ground floor is irrelevant.
- Offers a 30 day trial to members to try out his product with no risk.
Altucher Report – Things I Don’t Like
- $2500 is very pricy for information if it cost that much. His last information product for stock advice was tailored for the wealthy. Could be the same with this report.
- Cryptocurrency is booming but it really sucks when you have to pay for advice. You can find people to work with daily who know their stuff and give free information.
- If you’re not self motivated any product no matter how good will get you nowhere. Some people need a team atmosphere and this product doesn’t have that.
I’ll give Altucher a lot of credit and he’s definitely legit. He has a product that is tailored for people trying to learn about cryptocurrency. There is no question about that.
Let’s face it being an entrepreneur is tough stuff and people need guidance. I personally don’t pay for information it’s much easier to just work with my team and help one another. We don’t charge for that.
Altucher Report – Conclusion
Mr. Altucher seems like a smart guy and it’s possible you may want to invest in his report. The report itself seems to be helpful and I’m sure you can learn something in there.
Altucher has had some ups and downs in business like any entrepreneur has experienced.
You may even want to grab the Altucher Report but you’ll have to go find it elsewhere. Like I said I’m not promoting it!
There are many products out there that promise the world but it comes down to one thing.
You need to put a game plan together and set it into action. Even if the Altucher Report tells you about the next big thing you still need to take action. There is a lot to learn in crypto and I’m not sure if you’ll get what you need by just reading a report.
My #1 Recommendation
Whether you’re going to buy the James Altucher Report or not this still pertains to you.
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Wishing You Only the Very Best!
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