Cash From Bitcoin is an online report bundled with a financial newsletter called Income on Demand. Find out if it’s worth the high price today in our review.
What Is Cash From Bitcoin?
Do you want to get rich quick with bitcoin – even if you have no skills, experience, or willingness to work hard? Cash From Bitcoin is the guide for you. The guide promises to teach you how to get rich from bitcoin and other cryptocurrencies. All you need to do is pay Agora Financial $2,000 a year.
Agora Financial publishes a number of newsletters online and offline. Some are priced at under $100 a year. Others are priced at thousands of dollars. Obviously, at $2,000 for an annual subscription, Income On Demand is priced at the high end of the company’s offerings.
In an effort to convince you to pay $2,000 for a newsletter, Agora Financial has released a “bonus report” called Cash From Bitcoin. That report details 5 digital currencies you can invest in today to start earning money. You’ll also get a weekly report every Tuesday morning.
And, if $2,000 for a newsletter seems like a high price for you, consider the fact that the company specifically claims “You can reasonably expect to generate up to $1,500 on your very first instant income transaction.”
Cash From Bitcoin also claims to be part of a time-sensitive offer “only available” to the first 100 people to visit the website. As far as we can tell, this isn’t true. It’s just a marketing gimmick designed to rush you into making an expensive financial decision.
What Will You Learn In Cash From Bitcoin?
Cash From Bitcoin is a one-time report you’ll receive immediately after you pay your $2,000 fee for Income on Demand. You’ll also receive a report every Tuesday morning on the best digital assets to buy that day for “instant income” with a 98%+ success rate.
Cash From Bitcoin markets itself like most other “get rich quick” schemes available online today. The online report is marketed towards people who have heard about the amazing potential of bitcoin – but don’t know where to get started.
The report mentions “instant income” payments available in cryptocurrencies. It teaches you how to mine cryptocurrencies even if you have no tech skills or experience.
Cash From Bitcoin’s sales page promises that you can make “$150,000 in only 10 months” and “more than $10,000 per month” following their cryptocurrency trading and mining system.
The sales page is filled with stories of people quitting their jobs after reading the advice in Cash From Bitcoin. It claims the report has a 96.17% success rate, among other ridiculous statistics (in other parts of the sales page, the report claims to have a 98.44% success rate).
Ultimately, once you get past the marketing hype, you’ll realize that the report basically just lists 5 cryptocurrencies you can buy today as a guaranteed investment.
Obviously, the cryptocurrency markets are notoriously volatile. When somebody promises 96% accuracy, guaranteed ROIs, and 6 figure yearly trading incomes, these are all huge red flags that you’re being scammed.
Who’s Behind Cash From Bitcoin?
The Cash From Bitcoin report is put together by Zach Scheidt, described as a former hedge fund manager. A quick look at Zach’s LinkedIn page shows us that he’s been an editor at Agora Financial since September 2014. Prior to that, he worked as Scheidt Capital Management, LLC, described as “my incubator for business ideas, investment partnerships, and income opportunities.”
This corporation report shows that the Kennesaw, Georgia-based company earns $106,671 per year and has just two employees on its payroll.
Most Google search results for Zach Scheidt are related to his work with Agora Financial, as well as articles detailing the company’s shady marketing tactics.
Zach is also in charge of producing Income On Demand.
Cash From Bitcoin Pricing
Cash From Bitcoin is bundled with Income on Demand.
Income on Demand is priced at $2,000 USD.
The online sales page for the newsletter seems to deliberately try to hide the amount you’re paying. The amount is listed just once on the sales page, and it’s not listed anywhere near the section where you input your credit card information.
The sales page also doesn’t do a good job of explaining that your credit card is automatically charged year after year. Unless you cancel, your credit card will be charged $2,000 every year. In fact, it could be charged more than that amount because Agora Financial claims that $2,000 a year is the “discount rate.”
What Is Income On Demand?
Most people aren’t willing to pay $2,000 a year for a weekly newsletter. What makes Income On Demand worth the high price? Why should you pay the company that much money?
Basically, the newsletter consists of weekly stock tips that will “double your income”. After paying your $2,000 fee, you’ll also gain access to various digital products, including all of the following:
- “The Secret Transaction That Generates $2,000 Or More in Instant Income Month After Month.”
- Three videos where Zach shows you how to setup an investment account
- “How to Choose the Right Brokerage Account for You”
- “How to Double Your Income During Special Trading Windows”
- An HP Chromebook laptop
Yes, in exchange for your $2,000 fee, you’ll get a laptop. That may sound impressive. However, the HP Chromebook given to you is priced at $199. You can check the HP online store here (conveniently, Zach doesn’t mention the specific model number of the laptop, but you can see which model it is based on the screen size and tech specs given in the introductory report).
Is Cash From Bitcoin Or Income On Demand a Scam?
When someone guarantees profits from any investment opportunity – whether in cryptocurrencies or conventional stock markets – that’s a huge red flag. However, it doesn’t necessarily mean you’re being scammed.
Unfortunately, a quick Google Search for Income On Demand shows that customers have felt scammed after subscribing to the newsletter. One reviewer from 2015 gave the report 3.5 stars out of 5 and claimed the system “uses options and is based on selling puts.” You also need at least $20,000 USD to be profitable (to be fair, this is mentioned on the official website).
That customer used $30,000 to invest in Zach’s recommended products. Based on that investment amount, he believed he was the ideal candidate. However, this is what happened:
“When I attempted to sell my first put recommended, the direct investment bank that I deal through, rejected the order and informed me that I needed to maintain at least US$50,000 in my account at all times because of the risk of having to exercise the option and buy a given stock was high.”
The customer then had to cancel his subscription. He received a refund, minus a 10% fee (the company kept $185).
Cash From Bitcoin Conclusion
Ultimately, the “Cash From Bitcoin” report appears to be a new way of marketing Income On Demand online. Neither product appears to be a scam – although the company has been accused of engaging in deceptive marketing practices.
You’ll pay $2,000 for your annual subscription to Income On Demand. The “former hedge fund manager” in charge of the newsletter, Zach Scheidt, claims to have a 98%+ success rate. The testimonial page is filled with reports of people who quit their jobs, make 6 figures a year from Zach’s recommendations, and have become rich through Zach’s advice.
Ultimately, if you trust Zach and his trading advice, then Cash From Bitcoin and Income On Demand may be a smart investment. Otherwise, however, there are too many red flags based on the newsletter’s investment promises, online reviews, and the reputation of Agora Financial based on their other financial products (they’re not very well-reviewed online).