Are you interested in Bitcoin? If you are, then you’ve probably come across this product online. Or possibly it came to your inbox?
What is the Digital Formula? That’s a great question and I’m so happy to see you doing some research before going ahead and buying it.
Is this a legit way to make money, or could it be another scam? This is why I write product reviews. I want to show you what’s inside the member area and how it works. I want you to see if it’s right for you, and then give you my honest recommendation.
My desire is to help you make money online, but with the proper training and tools. And if a product doesn’t deliver what it promises, I will be honest and tell you OK?
If you’d like to see where I learned how to create a successful online business, please read this!
- 1 What Is The Digital Formula?
- 2 Who Is This System For?
- 3 How Does It Work?
- 4 Pros
- 5 Cons
- 6 Final Thoughts And Recommendations
What Is The Digital Formula?
This product can be found on Clickbank. It claims to have you set up in three quick and easy steps so that you can make money buying and selling cryptocurrencies.
The owner calls himself Neil Carter, which is a fake pen name. The actual owner is unknown.
Digital Formula – $17
List of Tools To Generate Profits
- Crypto Portfolio Tracking & Latest Info – unusable link provided?
- Crypto Calendar & Events – this site will give you updates, road maps and other changes useful for forecasting.
- Blockonomi – education and the latest happenings in the industry.
- Cointelegraph – a useful blog with unbiased opinions.
- Crypto Coins Telegram Group – Invite to a private group online.
Digital Formula: Main Guide – 26 page PDF
- An overview of what cryptocurrency is.
Bonus: Bitcoin Profits – 10 Bitcoin Profit Secrets E books
- What is Bitcoin and Cryptocurrency – 11 pages
- How Is The Value of Bitcoin Determined? – 10 pages
- Different Techniques to Acquiring Bitcoin – 10 pages
- Everything You Need To Know About Bitcoin Mining – 10 pages
- Storing Your Bitcoin and Other Cryptocurrency Safely – 10 pages
- Trading and Selling Your Bitcoin For Profit – 10 pages
- Using Bitcoin As An Investment Strategy – 10 pages
- Accepting and Using Bitcoin In Your Business – 10 pages
- Protect Yourself Against Fraud and Theft – 10 pages
- The Future of Cryptocurrency – 10 pages
- Bitcoin Profit Secrets Checklist
- Bitcoin Profit Secrets Resource Cheat Sheet
- Digital Airdrops Package – $197, downsell $97
- Digital Academy Package – $147
Who Is This System For?
If you simply want a general overview of what Bitcoin is, that’s all you’ll get with this product. It certainly doesn’t give you the information you need to make money, let alone $2K in 24 hours.
You can get the same information online for free, and from more reputable sources.
The video has you believing you’ll get training to start trading immediately and make money overnight. But you know what? If it sounds too good to be true, it always is!
There isn’t any training, only generic information. Everything is in text format with no practical steps to follow. I don’t believe it’s worth the $17.
How Does It Work?
I’m sure most everyone has heard the term “bitcoin” at some point over the last few years. But not too many may know what it actually is.
The creator of this product is trying to profit from the popular trend it’s had, especially the last couple of years with its massive growth.
But along with the sudden spike in value comes the big crashes. He won’t tell you that, of course, but it’s true.
I know, because I tried investing, and lost most of my money, lol. Thankfully I didn’t risk too much… phew!!
Let’s take a look at what the Digital Formula is offering you. First, we’ll start with the sales page and video.
Lots of Hype, That’s For Sure!!
So the sales page tells you that in 3 quick and easy steps, you can earn up to $2,254 per day. Amazing how precise it is, isn’t it?
Apparently, all you have to do is follow the methods he shows you.
The first few minutes of the video are snippets of well-known people talking about bitcoin.
If they are interested, shouldn’t you be? LOL.
And then the hype begins. There are the usual red flags, or should I say “lies”, that he states in hopes of getting you so excited, that you’ll buy this immediately.
Let’s look at a few of the more obvious ones to me. I hope that in doing this, you’ll be able to recognize them in future product promotions you may come across.
Lie #1: I’ve Been Chosen?
Yes, apparently you’ve been carefully selected to view this exclusive video that’s available in your county, no less. Oh brother…
That’s just crazy talk. Anyone who ends up on an email list would get this promotion, lol.
And because it’s digital, it doesn’t matter what country you live in. If you have an internet connection, you can get this product!
But it makes you feel special, right? And that’s the reaction he’s looking for.
Lie #2: Ridiculous Income Claims
Really?! $2,254 in the next 24 hours? And then every day, like clockwork? Sorry everyone, but I seriously doubt that.
To make that kind of money you’d have to buy your cryptocurrency really low, and turn around and sell it really high.
And if all the people investing in that market are doing the same thing, then who’s going to sell you theirs for a low price? Exactly! No one!
You could always buy low and hang on to it until the value goes up, but then how are you going to make over $2K in 24 hours? Exactly! You won’t, let along making that amount every day. LOL
Lie #3: Fake Testimonials
Even though he “says” he has 25 lucky people who make $15,778, he still has to hire an actor to say he’s done so well with this system.
Why? Because it doesn’t work! He has no real success stories, so he has to make them up.
He hires a video spokesperson from a freelance site like Fiverr, sends them a script to read, and they make him a video.
Here’s my proof for you…
Lie #4: Mouth Watering? Cash Creating?
Wow, such descriptions. Haha. A video like you’ve never seen before. Oh my, if you only knew how many times I’ve reviewed product videos like this. They all say the same sort of things…
And of course, it’s highly confidential and shockingly profitable! Quite the speech eh? He talks about “exploiting” the cryptocurrency marketplace.
Did you know that this kind of descriptive language is on purpose? He wants to push your emotional and physiological buttons.
He hopes that your desire to make money is stronger than your common sense.
Because if it is, you’ll quickly buy this product before you’ve had a chance to step back and think about it.
Another manipulation is his saying you need to watch to the end of the video for his special announcement.
If you don’t watch to the end, you’ll hate yourself later. Ya, right…
Then he throws in words like “loophole” and “secret strategy” for good measure, lol.
Lie #5: What Proof?
He wants to prove to you he knows how to make money by showing you his personal account. Then you can trust him.
He must think we’re really nieve, lol. Do you know how easy it is to show a fake account like this? This isn’t proof of anything!
Sorry, still don’t trust him…
Lie #6: Another Sob Story
In order to try to connect with you, marketers will often tell you about their background and how they’ve gotten to where they are today.
It’s a valid technique, and I sometimes do this myself when it’s appropriate.
But these creators go over the top. They create a story that usually follows a generic script. It goes something like this:
- Something happens to his job or his health, and he’s almost ruined.
- Can no longer take care of his wife and children.
- Someone he knows shows up with an idea.
- He launches the system and makes immediate money.
- Now he’s rich and wants to help people.
Lie #7: Take Down…
These creators love to create scarcity. They tell you to hurry and reserve your copy before he shuts down the site forever. Too many people on his site can affect his own profits within the system. He’ll then be forced to shut it down.
I have to laugh at comments like this. Only because it’s a Clickbank product, and the only reason he would ever take it down is that it’s no longer making him money!
Lie #8: Fake User Review
So many of these low-quality products use fake user reviews and upload them to YouTube. Again, there are no successful customers that they can use so they hire another actress to make it sound like she loves it.
Did you notice she never says “Digital Formula”, or even describes what it is? That’s because they gave this actress from Fiverr a very generic script. That way they can use it over and over again by simply swapping out the product logo.
Let me show you. The following products are using the same exact video but with its own logo…
See what I mean? So what do you think? Same owner for all of these?
OK, so this is sort of what I expected, unfortunately, but let’s see what the actual product is like.
The Product Is Outdated!
Tools and Resources
The owner provides you with a list of tools to help you with cryptocurrency. For the first link, he says that a historical price chart will be added soon, but the link is no longer available online.
The Main Guide Is Disappointing
The main guide is just a general overview of what Bitcoin is. There are no actionable steps to take here. I suspect this is just another PLR product like the bonus below…
The Bonus Is Outdated
The bonus called Bitcoin Profit Secrets is an outdated PLR product. PLR stands for Private Label Rights.
Someone creates a product with ebooks, videos, graphics, email swipes, etc, and sells them with various restricted rights for others to sell as their own.