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CoinChest Review – Is CoinChest Scam or An Undervalued Investing App?

Welcome to my CoinChest Review!

CoinChest is an app that claim to help me make $1000 per day easily through Cryptocurrency investing. I am really curious if there’s such an easy way to make money online. Thus, I have researched about this app and created this review to help everyone understand what exactly is inside of CoinChest.

This review consists of information like:

  • What is CoinChest?
  • How Does CoinChest Work?
  • What Do I like about CoinChest?
  • What Don’t I like about CoinChest?
  • Who is CoinChest for?
  • Is CoinChest A Scam?

Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.

It is important to check a program’s review before buying it because there are too many scammers online!

I am not associated with CoinChest in any way so rest assured that I am not here to sell you anything.

CoinChest Review Summary

Product Name: CoinChest

Author: Rob Walker

Product Type: Cryptocurrency App

Price: $49 + Upsells

Rating: 3/10

What is CoinChest?

CoinChest is a course/app that teaches you how to make money off cryptocurrency. It is an app that you can purchase for $49.

Inside the app, there are video tutorials that talk about different strategies that the author uses to trade cryptocurrency.

The author also claimed that the app uses a complex algorithm to determine when is the best time to buy crypto.

It will show alerts from time to time to tell you the predicted lowest price of a crypto and it depends on you whether you want to invest.

But the question how accurate the app is and is it really that easy to make money.

Let’s get into what’s inside of CoinChest and some hidden truth that the author didn’t wish you to know.

How Does CoinChest Really Works?

On the surface, CoinChest promises you to make $1000 everyday easily just by pressing buttons on the app.

However, if it is that easy to make money, nobody will be hustling in the 9-5 and the app will cost way more than $49.

Talking about the cost, there are upsells within the app that you will need to spend more money on in order to get the whole system in place and make money according to CoinChest.

The author should state clearly about this on the sales page so that the user has an idea of the overall cost.

Also investing in cryptocurrency takes time and a lot of money. They just overhyped the app and make it sounds like it is very easy to make money with the app.

The truth is cryptocurrency works very similar to stocks. As we all know, many times we need to hold a stock for a very long period of time.

If you need money upon urgency, you will need to sell the crypto for a lost in order to withdraw the money.

But the author didn’t mention any of these, he just makes everything look so easy and tries his best to get you to buy the app.

What Do I like about CoinChest?

1. 60 days Money Back Guaranteed

coinchest-scarcity

CoinChest is hosted by Clickbank which is major online programs marketplace.

Thus, you are protected by the 60 days refund policy as a consumer. In other words, if you are unsatisfied about the app within 60 days of purchase, you can ask for a refund.

2. Investing Really Work

Investing in stocks, crypto, and even real estate is a legit/common to make money outside of your 9-5 job.

But it takes time and you should really use the extra money to invest. The rule of thumb is to never spend money that you might need soon in investment.

Because most of the time you will lose money this way.

3. Training Videos

At least you learn stuff from the video tutorials even if you didn’t earn money through the app.

Many online programs don’t provide anything educational to their users. They just create a ‘done-for-you’ system and hype the system up to lure people into buying it.

What Don’t I like about CoinChest?

1. Shady Company

CoinChest is not like a traditional regular company where they set up a website and provide contact information where you can always find somebody to report issues to.

The only way to contact them is through Clickbank which is kind of a hustle. I don’t understand why wouldn’t a legit company set up a proper website and display their contact information.

2. Too High Risk

Investing in Cryptocurrency is very high risk. I believe we all agree that. Of course, there are strategies that you can use to stop the losses and bank a lot of money.

But it doesn’t guarantee anything and you must be willing to hold the crypto for a very long time. Otherwise you will lose money.

3. Hidden Upsells

The author didn’t talk about the extra items that you need to buy at all. Thus, many people have complained about it after buying app.

4. Fake Scarcity

On the sales page, they tell you to buy as soon as possible because the seat will be running out but the truth is there is no limited seat.

You can buy whenever you want as long as the website is still there. But many online sellers like to use this so called “call-to-action” marketing technique to lure people into buying.

Who Is CoinChest For?

CoinChest is only for those who are interested in learning cryptocurrency. They do have some training videos to teach you some basic knowledge of investing in crypto.

You can also follow their alerts but I don’t recommend you to do that. You should only execute according to your own judgement.

Don’t listen to others as it might only benefit you short term.

Is CoinChest A Scam?

Overall, CoinChest is not a scam but an unworthy investing app. I wouldn’t recommend you buy this app as there’s no point.

You can always learn whatever you want on YouTube/Google for free.

It is no good to follow a stranger’s alert. They claimed to use a ‘Complex Algorithm’ but there’s no proof to back this statement. It could all be BS.

Lastly, I generally recommend people to build up an online business instead of wasting their money and time into any unknown money-making method.

For example, I am able to comfortably make a 4 figure income through my blog and affiliate marketing.

I create a blog like this to help people and at the same time promoting a tool that helps me build this popular website. I get at least 100 visitors to my website for free.

If you are interested in how I make money online, please check below where I show a more detailed documentation.

 

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More Read: Highest Paying Online Survey Sites in 2019

More Read: 6 Ways to Earn Money With a Blog

More Read: How to Make Money From Home With $0 to Start

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