Auto Money App Ratings
Product Name: Auto Money App
Overall Rank: 1.4/10
Price: However much you're willing to deposit
Owners: Daniel Rosenberg
In this review I will be doing my best to convince you not to associate yourself with a product called Auto Money App in any way, shape, or form. In fact, it uses so many tricky sales tactics and offers such a shady product, I will refuse to provide any direct links to its sales page.
Let me be frank, Auto Money App (AMP from now on), will not make you any money. All the claims of free money and their willingness to match your deposits are simply to get you to give them more money. AMP simply refers you to third-party binary option trading sites, which all boil down to being nothing but online gambling sites.
Long story short, if you want to actually make money online, there are much better, more sustainable ways of doing so. If you want to gamble away your money, then maybe AMP is for you.
Now I'll be taking a more in-depth look at AMP. I'll first discuss the Pros and Cons, then I'll give a product overview, discuss who should consider buying this product (hint: no-one), talk about the price, support, and give my final opinions and an appropriate alternative. Let's get started!
Pros & Cons
Honestly, I don’t have anything good to say about AMP so I’m just combining “Pros” and “Cons” into one section. Honestly, since everything I'll be saying is a con, I shouldn't even include “Pros”…but whatever.
AMP does nothing but refer you to a binary options trading website. What is binary options trading? Basically, you are betting either “yes” or “no” against the stock market over very short-term time periods.
Each site does it a little differently, but you can rest assured that the fees and rewards they offer are precisely calculated to give the site a definite advantage, just like online casinos. Yes, you may get lucky once or twice, but eventually you will lose out.
In fact, according to Forbes, in an article condemning this type of trading, they prove that you would need to choose the right option 55% of the time, giving the house a 5% advantage over you, meaning you will lose money in the long term.
Check out that article from Forbes here: Don’t Gamble On Binary Options.
If you make it through even 5 minutes of the sales video on the AMP website, you know what I’m talking about. Rosenberg, if that’s even his real name, is so incredibly stuck on himself it's appalling. Not to mention, I suffered through 20 minutes of him talking about himself and his riches and extreme intellect before I couldn’t take it any longer. I don’t even know how much longer that video was, but at the rate he was going it was probably an hour. It's amazing how many words can be said without actually saying anything meaningful!
You have to realize that he is simply putting on a show, a sales pitch, using common language and emotional appeals to suck you in and fork over your hard earned money. Trust me, if he was making as much money as he claims, he wouldn’t be messing around with you and I.
I don’t believe anything he says about his amazing mind and the hundreds of millions of dollars he is making at only 19 years old. I’m also pretty sure the luxury cars and mansions he is filming himself in are rentals, which is a common tactic in these sorts of sales pitches.
Classic Scam Techniques
Rosenberg uses just about every trick in the book to get you to fall for his false claims. I won’t go into the details, but if you are interested in what all of these are check out this article: How To Recognize An Online Money Making Scam – 5 Questions To Ask Yourself.
AMP really isn’t a product in and of itself. What it is, is a funnel to get you to deposit money into a third party binary options trading platform. When you do this, because you came through AMP, Rosenberg will get a commission, probably based on the amount of money you deposit.
The reason he can claim AMP is “free” is because he technically doesn’t charge you anything, but rather frames it as the initial deposit into the third party website.
Also, you’ll notice the “lottery” to decide how much money they will match from your initial deposit. Well, I’ve pressed the button a few times, and every time it’s 100%, which is just another tactic to make you think you’re special. Really, they’re tricking you into depositing more money because they know that, over time, they will win it all back. Remember, the house has a 5% advantage over you!
Who Is AMP For?
AMP is for anyone who is looking to throw their money down the drain. There’s a tiny chance you may get lucky and make some money for a while, but that is highly unlikely.
However, because binary options trading is based on the real stock market, of you are very well-versed in the market, you may be able to beat the house advantage. Then again, if you’re good enough to beat this advantage, you’re probably not the one reading this review.
Is there any support? Haha…that’s a funny question. AMP is barely a product, let alone somewhere you’d expect to find support. So…NO, there is no support.
Technically, Rosenberg advertises AMP as being “Free”. However, that is far from the truth. It is free to create the account with the third party binary options trading site, but without depositing any money, it’s useless.
So, I guess the price is however much money you get sucked into depositing into your account. Hopefully, not too much!
In conclusion, if you’ve gotten to this point and are still considering buying into Rosenberg’s claims about AMP, let me be clear: YOU WILL NOT MAKE ANY MONEY WITH AUTO MONEY APP!!!
A Much Better Alternative
Believe me, I have been reviewing products like this for a very long time. It isn’t very often you actually come across a product with your best interest in mind that will actually teach you the correct and sustainable methods of generating an online income.
It wasn’t until I stumbled across Wealthy Affiliate University that I finally found such a place. Wealthy Affiliate is where I learned everything I needed to know about starting my own online business, immersed myself in a vibrant community of like-minded online entrepreneurs, and found the training I needed to create this very website…a website that is making more and more money each month!
If you’re serious about figuring out how to make this work, I would highly encourage you to try it out free for a week and see what you think. If you don’t agree with my description of all Wealthy Affiliate offers, you can move on without having spent any money. However, I’m confident you will find all of my claims to be true and will stick around! Check it out and see what you think here.
You may also be interested in:
- How To Recognize An Online Moneymaking Scam – 5 Questions
- How To Determine If An Online Offer Is Legit
- Getting Started Online Doesn't Have To Be Scary
Finally, if you have anything you'd like to say regarding Auto Money App, or have used this product yourself, please drop me a comment below! Also, if you're interested, I would love for you to sign up to my weekly newsletter! I send out about one email a week with my latest reviews and other relevant information. Sign up here: