Weiss Ratings Crypto Investor Reviews – Superyield Webinar Scam?

Weiss Ratings Crypto Investor Reviews – Superyield Webinar Scam?

Today we’ll be reviewing a cryptocurrency service in Weiss Ratings Crypto Investor. Is this and its Superyield webinar scam? Find out in this review below.

There’s a lot of hysterical hype recently on cryptocurrency and non-fungible tokens (NFT). A lot of companies and personalities, including financial guru in Tai Lopez, are jumping on the trend.

You’re probably thinking of joining this crypto craze too. After all, you’re here reading a Weiss Ratings Crypto Investor review.

First of all, I commend you for doing your research first. Better spend a minute or two scrolling through reviews than getting scammed.

Do note that this is a completely unbiased Weiss Ratings Crypto Investor review. And I’m not affiliated with Weiss Ratings Crypto, or its creator, in any way.

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Overview of Weiss Ratings Crypto Investor

Weiss Ratings Crypto Investor is an advisory service for cryptocurrency. This is mainly in the form of newsletter published monthly.

The company providing the service has been in business since 1971. Before crypto, they’re already publishing similar commentaries on options trading and stock dividends.

The man behind Weiss Ratings

Weiss Ratings Crypto Investor Reviews: Martin Weiss

Martin Weiss is the founder of Weiss Ratings. He’s a prominent figure too in advertising Weiss Ratings services including their Crypto Investor program.

In fact, he hosted the Superyield webinar himself together with a expert yield hunter in Marko Grujic. Such is basically the sales pitch of the Crypto Investor program.

On the other hand, the actual monthly recommendation in the said program is from Juan Villaverde. This person claims to be a crypto expert and pro trader.

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Overview of Cryptocurrency

Before going into the program’s details, let us review first what’s cryptocurrency and NFT. First, cryptocurrency is defined as a decentralized virtual money that’s based on the Blockchain technology.

Being decentralized means that there’s no central authority (e.g., government) that maintains and regulates the currency transactions. Instead, it is listed in a publicly distributed ledger that records in code called Blockchain.

Bitcoin is the pioneer of cryptocurrency. Its founder, Satoshi Nakamoto, described it as “an electronic payment system based on cryptographic proof instead of trust.”

On the other hand, NFTs are a form of virtual assets that also use the Blockchain technology. A buyer of one doesn’t usually receive any tangible asset at all.

They are essentially buying receipts of authenticity in code form. What the “funge,” right?

Currently, most of the NFTs getting sold recently are digital artworks. You may have heard of the popular ones such as the apes from Bored Ape Yacht Club (BAYC).

Aside from digital artworks, there are Play to Earn (P2E) games that are NFT based too such as Axie Infinity and Pegaxy. As a side note, both games are transitioning from P2E model to P&E or play AND earn.

That’s the basics covered. If you want an explanation in a video format, see the one posted below.

Weiss Ratings Crypto Investor Program Details

In this section, we’ll discuss the Superyield webinar and the five steps recommended by Weiss Ratings. In addition, we’ll list the cost and the inclusion of the Weiss Ratings Crypto Investor program.

Superyield Webinar

Weiss Ratings Crypto Investor Reviews: Superyield Webinar

To promote Weiss Ratings Crypto Investor, Martin hosted this Superyield webinar together with Marko. Here, they discussed multiple earning opportunities that are high yield, high profit, or both in crypto.

The highlight here is Marko claiming that investing in crypto is much more profitable than traditional means such as stock dividends. Specifically, a 19.47% yield for crypto compared to the usual 4% of stock dividends.

What’s better is the lower risk in crypto where prices would not go down sharply. That’s what Marko said when investing in stablecoins, at least.

All of that are just entry level crypto investment. The yield for higher levels is much better.

Lastly, Martin then explained how we’re a victim of traditional financial system like banks charging exorbitant fees. This is what he called banking-brokerage complex.

Crypto space is outside the control of such. This is what Martin claimed as a reason why yields are insanely better – sounds too good to be true, even.

Five Steps Recommended by Weiss Ratings

Here, we’ll cover the steps recommended by Weiss Ratings. According to them, this is how you should approach the crypto space, in general.

Step 1

First, you should avoid coins with low Weiss ratings. In fact, they emphasized to not touch them with a ten-foot pole.

Only buy the Cryptos they recommend. This is to cut your risks by a wide margin.

Step 2

Second is to turn Ethereum into your personal “cash machine.” This means following Weiss Rating’s guidebook that tells you the following: Where to buy the Ethereum and when to take profits on it.

Instead of just buying wherever and whenever you like, the guidebook will show you Weiss Rating’s ideal method. Such will enable you to make 20 times or even up to 35 times more from your initial investment.

Step 3

Third is to for you to get the “Eyes and Ears of the World Computer.” It’s not growing yourself another pair of eyes and ears just like the term suggests.

Instead, it’s just like the guidebook on step 2 but not limited to Ethereum. They name the crypto, tell you where to buy it, and suggest when to sell it.

Also, they compared it as the better alternative to investing in crypto by yourself. Specifically, they compared investing in Bitcoin in December 2018 to investing in the “Eyes and Ears of the World Computer.” at the same time.

If you invest in $10,000 in Bitcoin, you’ll see a growth of $186,623. Investing the same amount of cash in their guidebook with an abomination of a name, you’ll get a whopping $1,747,415 instead.

I have doubts if latter figure is legit. A 17,375% increase is just too good to be true.

Step 4

Fourth, you should buy the “index fund” of undiscovered cryptos. As the name implies, you can’t buy this crypto on other platforms easily.

Instead, you must follow their proprietary Backdoor Buying method. The reason behind this is to diversify your bag.

What’s better is you’ll hold high-potential cryptos that could be the next Bitcoin. That’s what they said, at least.

Step 5

Finally, you need to learn how to buy undiscovered cryptos. The said cryptos are the ones mentioned in the previous step.

They warned that it’ll be hard without their undiscovered crypto tutorial. You’ll probably end up wasting too much time setting up by yourself.

Worst, you’ll stumble upon some shady websites selling fake cryptos. Like the other stuff you buy online, you don’t want to wind up with a knock-off.

Program Inclusions

The main product you get here is the monthly newsletter for a year. This contains profitable opportunities and reports regarding cryptos they either recommend or not.

As a conjunction to the newsletter, you’ll receive a free subscription on Weiss Crypto Alert. This is some sort of a digital news about the crypto space sent every day during weekdays.

You’ll also get their undiscovered crypto video tutorials and access to weekly video interviews with experts in Weiss Crypto Sunday Special. Finally, the bonuses given are the guides mentioned earlier, namely:

  • Turn Ethereum into your Personal “Cash Machine” guide
  • The “Eyes and Ears of the World Computer” guide
  • The “Index Fund” of Undiscovered Cryptos guide

Program Cost

On the site, the price indicated for one year subscription of Weiss Ratings Crypto Investor is $39. This includes the bonuses mentioned above.

However, the more useful and enticing features are locked until you pay more. You must pay around $3,500 worth of upsells, to be exact.

There are also allegations from certain reviews that Weiss Ratings is offering a VIP coaching. They’re charging $15,000 for such.

Pros and Cons of Weiss Ratings Crypto Investor

Pros of Weiss Ratings Crypto Investor

I’m not particularly fond of any trading signal or advisory service, especially those related to crypto. The chance of entities promoting a crypto coin to secure and pump their own bags is very high.

In short, they’re likely nothing but shills.

If you’re wondering what a shill in crypto is, it’s someone trying to convince you to buy a crypto coin. They do it not because the coin is truly great, but because they have something to gain when the coin sells well.

Weiss Ratings could be one, to be honest. Them charging subscription fees on top of that makes the matter worse.

I really tried hard to look for something good in here, I just can’t see any. However, looking for something bad is the opposite experience….

Cons of Weiss Ratings Crypto Investor

In this section, I’ll talk about all the glaring negatives I noticed in Weiss Ratings Crypto Investor program.

Misleading webinar

As mentioned earlier, Marko claimed in the webinar that they’re only investing in stablecoins. However, the program recommending “undiscovered” cryptos that are likely unstable says otherwise.

Also, they made it look like they’re getting the yield instantly. In the screen shared on the webinar, they even worded it as an “interest” that you can get the day after you invested.

The way to profit in crypto in terms of interest is called staking. To realize a yield closer to what is mentioned in the webinar, your investment will be locked up in a wallet for a considerable time.

This means you can’t trade or pull out your investment for at least a year. This is not what they claimed of instant withdrawal on the webinar.

Without staking, the highest yield would only be between 3% to around 10%. More than that, like what Weiss Ratings claims, is likely BS.

Lastly, Martin talked about how ridiculous the fees charged for bank transactions. This is to entice his viewers to switch to the crypto space.

However, he purposely left out the equivalent fee in crypto called Gas fees. In fact, they’re more ridiculous and steeper than the traditional fees.

On average, an American spends $7 on bank transaction fees. Meanwhile, the gas fees in Ethereum transactions is averaging $29.28 this year.

Content is Available For Free

The tutorials they provided in buying cryptos is something you can learn from free resources. There’s no need to pay anyone a dollar for such.

As a rough guide, the essential things to know when buying cryptocurrencies are the following:

  • Correct link of crypto exchange sites (Don’t get phished!)
  • Gas fees
  • Seed Phrase (and knowing not to share them to anyone)
  • The crypto coin you’ll buy

For beginners, I’ll recommend sticking to the established coins such as Bitcoin. Avoid getting rug pulled (aka getting scammed) in your first try and stick to safer options.

That’s it for buying cryptos. Profiting off it is another story.

However, I don’t think the guide and recommendations from Weiss Ratings Crypto Investor will help in getting profits here either. I’ll explain why below.

Questionable Quality of Content

It’s not just me, it’s a consensus that the team behind Weiss Ratings Crypto Investor doesn’t know much about crypto.

Just like Tai Lopez, they’re just riding the hottest trends. Forget about years of research, just jump right in to secure the bag.

I mean, they’re barely maintaining the façade as an options trading expert. You should expect worse for their newer crypto offer when their supposedly flagship service is getting questioned.

An example of incompetence is their “lead expert” Juan passing off a copy-and-paste blog post as his own review. Not only he commits plagiarism, but he also published what is basically a factually incorrect article.

This signifies that they’re not serious at doing their own research at all. Spreading fear, uncertainty, and doubts (FUD) just to promote your chosen coin is very shady too.

Upsells

A lot of reviews commented that the subscription that cost $39 is just the start of a sales funnel. You’ll end up getting pressured to buy up to $15,000 worth of upsells.

Poor Customer Service and Refund Policy

Similar to upsells, majority of reviewers in Trustpilot complained about the poor customer service. They are either rude or never respond back to inquiries.

The refund policy is whack too. The terms and conditions in their site suggest a refund that you can get within a year.

Reviews say otherwise. They’re notorious for not issuing any refunds at all.

Martin Weiss’ past issues

Besides not having any credentials to preach about crypto, Martin also had legal disputes under his belt. Specifically,a cease-and-desist case filed by Securities and Exchange Commission (SEC) against him, Lawrence Edelson, and Weiss Research.

They’re acting as an investment adviser despite failing to register as one. They’re also providing misleading claims that violates the Investment Advisers Act of 1940.

In short, they’re running an illegal biz. They had to pay over $2.1 million in damages to settle the case.

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Final Verdict – Weiss Ratings Crypto Investor

Is there a solid proof to say that Weiss Ratings is just a shill? They haven’t disclosed their wallets for us to check, so nothing.

All the other signs, however, points to them being one. Not as solid as a wallet screenshot but still an incriminating proof, regardless.

It’s not only me saying this, though. In fact, the majority dubbed them as the most organized shill in crypto space so far.

For that reason (plus the bajillion cons I mentioned), I recommend that you stay away from them. The service they provide is not worth paying for.

Besides, I also don’t like suggesting anything related to crypto as a side biz. It’s too volatile and risky, in my opinion.

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