I got an ad for the Churchill report, valued at $49 for a no-risk trial. It told me he has access to the "elite" 1% cryptotraders who know the prices of all the hot cryptos, and what to buy. He told me I'd make 10000% profit on some penny cryptos. Should I buy it and follow the hype, or should I just wing it on my own?
The last time I winged it I decided not to buy PACcoin, and look where that got me.
I think any paid researcher wouldn't promise you exact % profits if he's legit and professional. PBC for example is a pretty big investment advisor in crypto and they do stocks aswell. But they never promise returns, they just try to help you build a portofolio with their expertise and possible insider knowledge. Often they will make a return for their readers who pay good money, sometimes a crypto doesn't deliver those returns. I think they're pretty succesfull but their way of conduct isn't based on promises and greeding up their readers who will then buy out of FOMO.
I think this Churchill report is getting on the greedy sides of traders, I don't really get where the value of such a report comes from? 49$? If you COULD promise returns of 100x with guarrantees then wouldn't your info be worth a lot more than 49$? Which seems to be just about the price range that investors without a deep pocket could afford. I wouldn't really trust it, but if you got it for free you might aswell take a chance with a tiny bit of money, if they do go 100x well then you got a nice return, even if you put in only 50$. And if it turns out to be bullshit then atleast you won't lose a lot.
Also i'm not sure if that's entirely legal to promise exact returns... advisory is alright but once they start saying; ''you can make this much money if...'' Then i'd be very cautious.
