Scam Alert!
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Smart Cash System
Summary
Honestly, I could’ve given Smart Cash System ZERO stars, but they get one star for making their landing page so convincing. Even though, I knew it was a scam from the get going. I must admit, if I was new to making money online, I would totally fall victim to this.
The internet is a great place to be when it comes to finding information. However, there are ill-willed people who are out there to take advantage of the uneducated.
Is Smart Cash System a scam? Can you really make money using this High Yield Investment Program? In this Smart Cash System review, I am going to help you debunk the truth behind this system.
Smart Cash System Review 2021
Product: Smart Cash System
Price: $12.00 (One-Time Fee)
Website: http://www.smartcashsystem.com/
Founder: Tom Wilson
Likelihood To Lose Your Money: HIGH
My Rating: 1 out of 5 Stars
Smart Cash System – Product Overview
My scam senses were immediately triggered as soon as I landed on their page. The pictures of money, exotic vacation, supercars, and the giant swimming pool is what I would consider too good to be true.
To put the cherry of scams on top, the bold statement of $4000.00/Week without selling, advertising, referring, or owning a website makes me wonder if this can actually be true.
Upon further investigation, the methods being taught are trading with Forex. I was wondering why the entire landing page had no information on what you are about to be exposed to.
It makes total sense now… it’s because you wouldn’t spend that $12.00 if Forex was mentioned right away. There’s no secret involved if they just gave you everything you needed to know.
What Is Forex?
Forex is a foreign exchange market where you buy and sell currencies. This program is known as a high yield investment program (HYIP), and you could potentially make money through their partner OmniForex that operates automatically.
In order to start investing in currencies, you will need to have money, to begin with. That means after you’ve already spent $12.00, you will have to spend even more money to try out the system.
You can definitely make money on Forex if you know what you are doing, but you’re always at risk of losing your money when it comes to investing.
If you actually go through their ridiculously convincing landing page. It clearly states that their program does not involve gambling. That is absolutely misleading and a total lie.
In my opinion, investing money is gambling… you’re investing your money in currencies to make money.
What Happens After Spending $12.00
Fortunately, it is only $12.00 and I recommend that you chargeback your money through your financial institution. You will be given access to their member’s area and that is where you are asked to join his brokerage firm. If you fall victim to this, there will be more on the way.
The next thing Tom tells you to do is investing in his partner companies trading signals. If you do as Tom says, you’ll have to pay a $98.00 monthly fee to their partner companies for providing you with signals.
What is a trading signal? It’s pretty much a system that informs you when it’s the right time to buy or sell. After diving deeper, I realized that the signals you are provided with are low quality, so don’t expect to make a lot of money with this.
However, there’s always a chance that you do make money, but guess what? Tom doesn’t care because he gets a commission for when you invest in his partner companies anyway.
Also, if you actually make money, the firm that you joined takes a percentage out of your gain, so this is an endless hole designed to make money off of your risk.
The Pros And Cons
Pros:
- They have a perfect example of what a scamming website looks like. If you fall for this one, chances are you won’t fall for the next.
Cons:
- No money back guaranteed (Red Flag)
- False promises in terms of how much you can make
- Not beginner-friendly
- You will be spending a lot of money if you follow through
Would I Recommend Smart Cash System?
Absolutely NOT! I wouldn’t recommend this product even if I don’t like you. Before I got into affiliate marketing, it was products like these that made me lose hope in making money online.
A Much Better Alternative
In order to make decent money online, you’ll want to start an online business. Whether it is an eCommerce store or a website that promotes certain products.
There’s no easy money even when it comes to making money online. In fact, it takes time and determination to be successful.
The good news is, you won’t have to answer to a boss, wake up at a set time to go to work, and have to deal with traffic.
Basically, what I do here on Smart Affiliate Hub is known as affiliate marketing. Affiliate marketing is a way to earn a commission by promoting a service or product.
What happens is, a visitor enters your website to seek information. If your website contains helpful content, your visitors are likely to click on an affiliate link from a retailer that is conveniently placed on your article.
The platform that I am about to recommend you to join is FREE to join. They do offer a premium membership with more tools and resources, but you are not obligated to upgrade.
The free membership is enough to get you started with 2 WordPress websites with hosting on their server. At least you get a taste before committing yourself to it.
I started my website on October 16, 2017, with ZERO knowledge in building a website or affiliate marketing. The certification course contains material designed to help beginners like me and you.
Whether you decide to join or not, I want you to Click here to learn how to spot scams online.
If you want more information on this platform, you can check out my review on Wealthy Affiliate. Or, I welcome you to try out my course which will teach you step-by-step how to start a blog for affiliate marketing today.
Regardless, I hope you found this article helpful. If you have any other questions, please feel free to leave a comment down below and I will try my best to help you out.
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