Today we will be reviewing a program called Trade Canyon. Is it legit? Find out in this Sean Donahoe review.
Sean Donahoe says that trading is a good way to make money. Well, he isn’t wrong about that. After all, we know that stock trading is one of the best ways to make passive income in this day and age. In fact, it has been gaining popularity lately, as people want to make supplemental income.
The main concern regarding this is stock trading comes with a lot of risks. This means that yes, you can potentially double or triple your investment overnight, but you can lose money just as fast. Stock trading is something I can only recommend to those who have studied finance and economics, and not to those who just want to make a quick buck.
So with that in mind, do you think you should trust Sean’s claims or not?
Before you decide to sign up for his program, you should read this Trade Canyon review first.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Sean Donahoe in any shape or form whatsoever.
While reading this Trade Canyon review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies, apps, and courses.
Trade Canyon Review: Quick Details
- Name: Trade Canyon
- Founder: Sean Donahoe
- Website: https://tradecanyon.com/
- Socials: Facebook
- Type: Training program
- Niche: Crypto trading
- Recommendation: I am not going to recommend any program with crypto affiliations.
Who is Sean Donahoe?
Sean Donahoe believes that the best way to make money and become wealthy is to do stock trading.
As you can see, that statement alone has made me cringe a bit. We have a man saying it is very easy to get wealthy just by stock trading. Consider that a red flag.
Stock trading is not easy to get into. Well, technically, it is. All you need is money, after all. But that doesn’t necessarily mean that you can make money just because you have lots of it to invest.
The stock market is very volatile, meaning that you can easily lose the money you invest in it if you have no idea what you’re doing.
Sean even claims that there is profit to be made, even if the market is not doing so good. Again, that is another fallacy. How do you make money when your investments keep tanking?
Sean’s crypto obsession
Another frustrating thing that Sean does is he talks about investing in crypto and encourages people to do it just like him. Well, yeah, no thanks. If you are updated with the latest news on crypto, then you probably already know what I am talking about.
FTX’s latest bankruptcy is one of the reasons why crypto isn’t doing so well right now. And of course, let us not forget Logan Paul’s latest stint which turned out to be a huge scam.
If you ask me, those people who are continuing to advertise investing on crypto are also part of the problem. At this point, you should view crypto as nothing more but a get-rich-quick scheme.
So, I know I already made an article about crypto before but let us talk about it a little more.
If you want to make money online, check out this business model that has helped 6,000+ people.
Why is Crypto Enticing?
I think the main reason why crypto became prevalent is the pandemic. People were stuck at home, and a lot lost their jobs. They want to look for some way to make money quickly, as companies and businesses stopped hiring completely.
What makes crypto enticing is that anyone could get into it. Whether you have the background or education for it, you can easily make a crypto wallet. You can also invest only a few dollars on it, depending on how much you can afford.
Because of the low investment amount required in crypto, a lot of people got enticed to start doing it. And that is how everything started.
If you are active on social media in 2020 to 2021, you will probably see a lot of people on social media posting about crypto. Whether it be posts where they made money, to posts asking for advice regarding investing in crypto, it is not easy to miss the word ‘crypto’ on your socials even just for a day.
Remember that crypto is a decentralized form of currency, meaning that their value is determined based on how many people possess it, and what the demand is for it. It has no backing, unlike currencies for example, which are backed by gold reserves.
Crypto’s risks
Anyway, why would you even want to get involved in this financial risk, if the risk is so high?
Well, that question has a fairly easy answer. It’s because it is easy to make money there. A lot of people want a slice of the pie, so once they make money from their initial investment, there is no doubt that they would want to invest more.
What people do not realize about crypto is that because it is not backed by anything, it is quite easy to get rug pulled.
So, what is rug pull? A rug pull is basically of literal sense. Someone established a new form of crypto, inflates its value through dubious means, and once people invest in it, they pull the rug from under their noses.
If you want to make money online, check out this business model that has helped 6,000+ people.
Rug pulls
There have been a lot of incidents of rug pulls that it is nearly impossible for me to talk about in this article, but let me give you the general idea.
How does the value of crypto get inflated? Well, the main reason is the demand. The more people who own it, the more it inflates.
Because crypto is unregulated and decentralized, there is no way to tell whether the ones who created the crypto coin have been using dubious means to inflate its value. Most of the time, people find out too late that the cryptocurrency they invested in is a pump and dump scheme.
What the creators of the pump and dump do is that they artificially inflate the value by buying the crypto themselves, so the data shows that the value is going up because of the people’s confidence in it. This is what encourages them to invest.
There are a lot of victims of this scheme already, which is really sad. It seems like people do not really want to admit their mistakes, as they should know that crypto values are very volatile.
Because of the decentralization of crypto, there is no way to tell just who created the new currency, meaning that there is no one to sue. Those who get scammed have no way of getting justice or their money back.
And that is the main reason why more and more new schemes get created everyday. There is easy money to be made here, if you have zero conscience whatsoever.
Making Money with Trade Canyon
Okay, so how is Sean going to help you out? He says that he has some program which can help you track which stocks or crypto to purchase in order to make money from your investments. That seems great, right?
Well, no. I would prefer it if you don’t listen to what he has to say. Investing in stocks or crypto is not as easy as it sounds, and when it comes to crypto, I need to reiterate that most of them are scams and very risky.
Even if you use Sean’s program, what if it tells you that you need to invest in X crypto when X crypto turns out to be another pump and dump scheme by a greedy scammer? Will Sean be held accountable if you get scammed?
Well, I don’t think so. By what he says, he made millions from his program already, and he’s fairly confident in it. Meaning that any form of criticism or complaints will probably just fly over his head.
Yep, that is how I am skeptical of his programs. I mean no offense to him as a person, but as someone who does research on crypto and is updated on news about it, I know that there is no way he should be confident about crypto right now.
This program is the same as Weiss Ratings, Crypto Crew University, and Infinite Crypto.
Final Verdict – Trade Canyon Review
Crypto is not something worth investing in. Period.
If you look online for guidance from someone who says they made millions, you should think twice about their advice once they start mentioning crypto.
Crypto resembles a pyramid scheme, if you think about it. The ones at the very top, which are the ones who created the currency, are the ones who make the most money. Those at the bottom, which are newbie investors, are the ones losing money.
As you can already tell, I am not a fan of business models that resemble pyramid schemes. And crypto is just pyramid schemes with extra steps – and with no person you can sue once things get rough.
Find a Great Money Opportunity Right Here, Right Now
Thank you for reading this Trade Canyon review.
Now, I’m going to introduce to you my #1 personal recommendation on how you can make money online.
This opportunity is a good one, and it’s guaranteed to give you great results.
Before you think it’s just another scam, why don’t you try it for yourself? I guarantee you. This really works!
And it’s right here. You just have to click the link below.
So…
See you on the other side.