Cryptocurrency Codex Review

Cryptocurrency Codex is a product offered by Nate Martin and Pat Kendrick who are part of the “Cryptocurrency institute”. The service creator claims will allow you to turn massive profits through cryptocurrencies with seemingly very little effort.

What does the product offer?

“Learn The Risk Free”LOOPHOLE” To Turn $20 Into $100,000 In Just 3 Months?” reads the headline for Cryptocurrency Codex. Whilst I am used to seeing some very impressive claims from betting services and Forex related products, this is a new level. Hell, even other products that I have looked at before now that pertain to cryptocurrency haven’t gone this far. And in spite of this apparently ridiculous claim (or more realistically, because of it), Cryptocurrency Codex is one of the best selling products on the market when it comes to cryptocurrency.

I don’t really know where to start here if I am completely honest Cryptocurrency Codex is one hell of a bumper package and as such, it is prone to being all a little bit overwhelming. None the less, I do plan to dissect a lot of Cryptocurrency Codex over the course of this review, no matter how difficult it may be. Honestly, there is a lot of superfluous information provided and there is a lot of misleading information, all of which helps to further muddy clouded waters. With that on the table, let’s have a look at Cryptocurrency Codex.

So what exactly can you expect from Cryptocurrency Codex? According to Nate Martin and Pat Kendrick, there is a hell of a lot of information contained within their product. At the core of everything however is something referred to as cryptobot. Rather interestingly, this is somewhat glossed over in the sales material which given how large a part it plays within Cryptocurrency Codex is surprising. Less surprising are some of the stipulations that come with the service which include using a chosen broker.

I have mentioned information and there is also a teaching element to Cryptocurrency Codex. This includes things like how to find up and coming cryptocurrencies and leverage them for large gains. This can all supposedly be started with a tiny amount of initial investment capital. There is also coverage provided on mining cryptocurrencies, supposedly using nothing more than your home computer.

This goes on but as with the sales material for Cryptocurrency Codex there is a lot of bloat and not a lot of meat in my opinion. For everything that is in some way interesting and genuinely poignant to making money through cryptocurrency, there is a lot of pretend theory and wildly misleading arguments that lean quite heavily on circular logic.

As well as the core products, Cryptocurrency Codex is shipped with a number of bonus products. These are being sold by Nate Martin and Pat Kendrick as bonuses but if I am honest, I fail to see how they aren’t really a part of the wider service. The first bonus provides you with access to “experienced crypto traders” in a specialised Facebook group. 3 of the bonuses are video training courses. These look at trading cryptocurrency, mining cryptocurrency and how to store your cryptocurrency. It is perhaps not surprising that all 3 of these bonuses have a lot of overlap with the main Cryptocurrency Codex course. Finally, you get a lifetime of access to updates from Cryptocurrency Codex.

How does the product work?

Because it is somewhat multifaceted there is no simple answer to how Cryptocurrency Codex works. We are given no real information on what the bot looks for in trades which is very off putting. This is always a problem for me with any kind of trading bot and doubly so when it comes to cryptocurrency. All you are encouraged to do is deposit money and let the software do its thing.

Obviously the training is supposed to supplement what the cryptobot is doing and help you to foster an understanding of trading. Unfortunately, I am not entirely convinced that it does this. With a concise guide and support, then I believe that Nate Martin and Pat Kendrick could set out to achieve what they are aiming for with Cryptocurrency Codex. As it is, I don’t believe that it really does this. This is in no small part due to gross oversimplifications of the important things and too much of the rest.

All of this is based on the supposed knowledge of Pat Kendrick. He claims to hold a degree in economics and has allegedly held a number of positions relating to his financial background. This culminated in his being “invited” to join the Cryptocurrency Institute. I find all of this a little bit questionable for reasons that I will explore a little later.

What is the initial investment?

Nate Martin and Pat Kendrick very confidently claim that Cryptocurrency Codex should be worth $4,997 on the grounds that… Well there isn’t any justification for this really. What it does mean however is that when the marketing material works its way down to the actual price of $47 (around £34) it looks like a bargain. If you stick around on the sales page for Cryptocurrency Codex though and scroll to the bottom, you will be taken to a page where you can get Cryptocurrency Codex for the reduced price of $37 (around £27) instead.

Within the sales material Nate Martin and Pat Kendrick say that they do offer a 100% satisfaction money back guarantee for Cryptocurrency Codex. Because the service is sold through Clickbank you shouldn’t have any problems claiming this, despite their recent policy changes.

What is the rate of return?

The income potential for Cryptocurrency Codex is very clearly the main selling point. In terms of how great this is, the sky is apparently the limit. Obviously the headline says that you can turn $20 into $100,000. This isn’t even the most extreme claim made in the sales material for Cryptocurrency Codex either. There is talk of things like 4,734% profit in 4 months as well a 5,333% gain in just a month and a half. It probably comes as no surprise to learn that there is no real evidence backing these claims up.

Conclusion

There seems to be a bit of a trend at the moment to capitalise on the current hype surrounding cryptocurrency. In some respects, this is fair game. Everybody has to make a living and it is only sensible to target people based off current trends. I do however also think that if you are going to put out a product then you should have something of value to add and I rather unfortunately don’t believe that Cryptocurrency Codex does offer this.

One of the biggest problems is that despite their claims about how knowledgeable Pat supposedly is I don’t see any evidence to back this up (a definite recurring problem). The fact is that cryptocurrency remains a very volatile market, especially in terms of the better known examples. Whilst there is a profit to be made with trading, it requires a lot more skill than I believe that Cryptocurrency Codex will provide you with.

This takes me onto the software that is supposedly able to generate the claimed profits. Put bluntly, I (once again) haven’t seen any evidence whatsoever that it is able to produce the results claimed. I am not the only one however and my research into Cryptocurrency Codex has demonstrated a large number of mentions relating to the quality of this. Considering it is one of the primary selling points, this is disappointing.

With all of this in mind, I can’t even see Cryptocurrency Codex as being value for money. Whilst it isn’t necessarily expensive to sign up with Nate Martin and Pat Kendrick, unless you are getting something out of it, it is always going to be hard to see value in a product. Here I just can’t see anything concrete that says that you are getting even $47 worth of content in real terms.

There is also  the small factor of the way that Cryptocurrency Codex treats cryptocurrency. As is so often the case when it comes to products of this nature, they make it out to be some kind of playground that is guaranteed to make money. This is very far removed from the truth and you only have to look at recent declines in the value of bitcoin to understand that cryptocurrency remains a volatile niche. It is certainly volatile enough that your chances of realistically latching onto the next big thing are unlikely, especially using the methods recommended.

With all of this in mind I don’t believe it is easy to conclude that I cannot recommend Cryptocurrency Codex. It is clear to me that the appeal of the marketing is in making Nate Martin and Pat Kendrick sound like legitimate authorities (which I don’t consider them to be at all) whilst trivialising cryptocurrency as an investment. As far as I am concerned, Cryptocurrency Codex is one of the most reckless investment products I have looked at recently.

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From: Simon Roberts