Einstein Method found at einsteinprofits.com is promising you $3,000/day profit, but don’t fall into the trap. Einstein Method is a scam, and it is out to get your money! Read our in-depth Einstein Method review before you inflict a financial headache onto yourself!
Name: Einstein Method
Owner: Dr. Stein
Price: $250 min. deposit
Legitimate? NO, IT’S A SCAM
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Einstein Method Review
Einstein Method is a scam
Einstein Method, founded by the alleged Dr. Stein is a blatant scam that makes a lot of irresponsible promises as soon as you enter their sales page.
First off, you are greeted by a member testimonial of Einstein Method, who claims that he made an average of $121,000 a month using the software. According to Dale Dominic, the spokesperson of the video, Einstein Method is a software designed to take advantage of market “loopholes” to make you money.
However, the limitation is, the software is only eligible in certain countries, and only 20 spots are available everyday. What’s more, the day you view the video happens to be the last day this online opportunity will still be up and running!
Coincidence? Of course not. If you return to the same website days and even months later, it’ll still be there trying to scam uninformed internet users.
Busting Einstein Method Scam
The “top earning member” of Einstein Method scam is actually a Fiverr actor
Compare this picture to the first image of this review. This is the very same guy who claimed that he made $121,000 a month using Einstein Method software.
However, his real identity is actually a Fiverr actor. You can view his Fiverr profile here. Not only that, he was also featured in the testimonials of Auto Money Generator, another scam we’ve reviewed before.
In fact, all of the raving testimonials given by the “members” of Einstein Method scam are actors and actresses from Fiverr.com.
These actors and actresses offer their services to read any script given by their client like a real testimonial. Read the description of the gig offered by this particular Fiverr actor.
At this point, there may be skeptical readers who are asking: could it be that the Fiverr actor just happens to be one of the successful members of Einstein Method? Is it possible that Einstein Method actually works, and he’s giving a real testimonial?
Another proof that Einstein Method is a scam
Here, we’ve just given you another evidence that Einstein Method is a scam.
You can re-watch the Einstein Method sales video and you’ll find this guy at around the 20-minutes mark, which you can verify his identity by taking a look at his Fiverr profile here. He was also featured in another scam we’ve reviewed earlier, Binary Options ATM scam.
Well, just in case there are still more doubts, I decided to show yet another evidence put all doubts to rest.
Yet another proof that Einstein Method is a scam
Same thing, you can watch the sales video and find this lady at around 20-minutes mark, right after the testimonial from the previous actor. Again, you can verify her identity by taking a look at her Fiverr profile here.
A fake testimonial can generally be bought at Fiverr.com for just $5. I do not condone or condemn the act of buying and selling fake testimonials, but I want you to be aware of this – that fake testimonials can easily be bought online.
We’ll talk about how Einstein Method makes money off you, and how to really make money online at the end of this review. But before that, let’s detour a bit and talk about binary trading.
What is Binary Trading?
Since this is a binary software scam, I want to briefly talk about binary trading to make sure everyone is on the same page. If you know how to trade binary options, you may skip ahead to the next segment.
Binary options is basically trading stripped down to its simplest form. You trade by guessing if the price of an asset will rise or fall after a short period of time, usually between 30 seconds to minutes.
There can only be 2 outcomes – either you are right, or you are wrong (hence the name binary options/2 options).
This is how it works – let’s say I think that the price of crude oil (or any other tradable assets) will rise after 60 seconds, and I bet $50 on a 1-minute contract. When the time is up, and the price is indeed higher, I win a certain percentage of what I bet, usually between 60% to 80% (between $30 to $40). But if I’m wrong, I lose the entire $50 that I bet.
In reality, trading binary options is not that different from gambling. There’s no way to predict the market movement in such a short period of time. Can you guess the outcome of every single coin toss correctly? The odds of winning each individual toss is almost at 50-50. The same principle applies to binary options. The odds of winning each trade is not better than 50%.
Even if you manage a 50% win rate, you’ll still lose money due to the uneven winning vs losing payout of binary options. This is why majority of binary options traders lose money, and how the brokers make big money off them.
We do not recommend binary options if you want to generate serious income from the internet. It’s one of the worst possible ways to make money online. There are simply better alternatives out there that are much more promising than trying to gamble your way to wealth.
How Einstein Method Scam Makes Money Off You
Einstein Method scam makes money off your deposit
If you decide to sign up for Einstein Method, you’ll have to register for a broker account through their sales page (which is an affiliate link). The scammers behind Einstein Method will earn a sum of referral fees as soon as you deposit into the account.
I was assigned to No1Options, an affiliated broker with Einstein Method scam. The minimum deposit with No1Options is $250.
You may be assigned to different brokers depending on your country and location. However, the standard minimum deposit for most brokers is $250.
Even if you already have an account with their recommended broker, you have to register for a new one using a different email address. This is because the scammers behind Einstein Method cannot collect their referral fees unless you sign up for a trading account through their affiliate link.
Not only that, Einstein Method will continue to earn commissions off you over the long term. For every trade that the automated software makes for you, the team behind the scam will earn a trading commission, as long as you still have balance left in your account.
Regardless of whether you make or lose money, the scammers behind Einstein Method scam will make money off you.
Is Einstein Method a Scam?
YES, EINSTEIN METHOD IS A SCAM. As we’ve said in the review earlier, we don’t recommend binary options trading as a way to make money online, at all. It’s basically the same as gambling, and using an automated trading software doesn’t make a difference. You are essentially putting your hopes and entire investment in a piece of software that gambles on your behalf.
You are more likely to end up losing all your money than making any significant profit. If you have some cash to spare for entertainment, you may go ahead and try it out. But you’ll be better off spending it on a nice dinner with your loved ones.
If you are determined to make money online, you must use a legitimate program that will provide you proper trainings and help you build your own business. We have tried out many programs, and there is only one program we recommend to our readers:
Have you encountered any online scams before? Personally I’ve fallen for a few before coming across the legitimate one, so let us know in the comments below if you have any personal experience to share!