What is My Daily Cash Machine? A scam or a genuine way to make some quick money online? This is another ad pack, revenue sharing website, but is it worth the time or not?
Let’s take a look and find out…
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Company Name: My Daily Cash Machine
Owner: Shane Brewer
Price To Join: $35 to get started
My Rating: 1/10
~ My Daily Cash Machine Reviews ~
What Is My Daily Cash Machine?
There are many programs around like My Daily Cash Machine – such as My Advertising Pays – where you essentially buy ad packs in order to make a profit. The ad packs are really just a way to legally exchange money for profit without being labelled an outright Ponzi scheme.
However, compared to some other platforms running similar schemes, My Daily Cash Machine has a few more options involved where you can earn some revenue, kind of like a revenue sharing system combined with a rewards site.
The website actually has quite a few videos explaining both the processes of revenue sharing as well as affiliate marketing. For the most part they are just there to promote My Daily Cash Machine and don’t really tell you a lot, other than how much money you can rake in with their platform.
Here are some ways you can earn coin on the My Daily Cash Machine system:
- Buying ad packs
- Traffic exchanges
- Traffic Grid
- CPA offers
- Cashlinks
How It Works
The main thrust of this platform is to buy ad packs and advertise on their website. The traffic you get to your ads will be low quality though, as members are required to click on ads and watch at least 15 ads per day to qualify to earn profits on their ad packs. You may get some leads from your ads, but more than likely you won’t.
These ads, plus the other menial tasks on My Daily Cash Machine, are really just an excuse to legitimise what’s really going on, and that’s revenue sharing.
To really get into the money making side of schemes like this you must buy ad packs along with watching the minimum number of ads per day to qualify. One ad pack costs $35, but you can purchase more than one. Once you buy an ad pack you will earn a small daily profit on your ad pack.
To really have a chance at earning some decent money you will need to purchase a lot of ad packs and recruit other people into the My Daily Cash Machine funnel. Without constant new recruits no one can make a profit on their ad packs. It’s the way these systems works, and why they are borderline Ponzi schemes.
New investor money is required to pay the profits of previous investors. As soon as new recruits and their cash flow dry up, the whole scheme collapses.
These revenue sharing systems, by the very nature of their structure, cannot sustain themselves indefinitely, because there is no retail sales, no tangible products of real value, and the entire system relies solely on recruitment to survive.
Some people will make money from this, but the majority risk being left out in the cold with both zero return on investment, as well as losing their initial investment (which could very well be thousands of dollars).
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Tools and Training
There are quite a few videos on the site as previously mentioned. However, they are not very informative when it comes to actual tips and instructions, just a lot of hype.
Target Audience
Some people just love trying their hand at these types of schemes because it sounds like quick and easy money (it’s actually the opposite). Schemes like My Daily Cash Machine also appeal to people new to making money online, who come across something like this platform and think they’ll give it a go and see what happens.
What I Like
- You might make some money if you recruit like crazy to keep the scheme going
What I Don’t Like
- These schemes can’t sustain themselves, so it will eventually collapse
- Most people will just end up being out of pocket for their investment
- This system is nothing new
- It’s a borderline Ponzi scheme
- You will need to invest $1000s to have any change of making decent profit
- The creator of the system will likely get rich out of it, but not so for anyone else
- It’s a risky way to make money as it’s not really based on anything. It’s a bit like gambling
How Much Does My Daily Cash Machine Cost?
At the very minimum you will need to spend $35 on one ad pack if you want the chance to make money with this system. One ad pack won’t do much for your though. You really need to buy hundreds to have any hope of making a decent return on investment, and that’s super risky in a scheme like this one.
Is My Daily Cash Machine a Scam?
To me it’s nothing more than an illegal Ponzi scheme with advertising attached to make it look like there are products or services changing hands for your money. In reality it’s all about buying ad packs, and the only way money is generated is by recruiting new people into the system who then invest money to pay the profits of older investors. It can’t last and it will fail, leaving many people likely out of pocket to the tune of hundreds or even thousands of dollars.
I’d give it a miss.
Schemes like this one are a lot like gambling, so you might have better luck with this lotto system.
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Make Money With An Online Business
I make sustainable money online with my affiliate marketing business. These days it constitutes my fulltime income. I now have time and money freedom, which means I get to enjoy more of what life has to offer without having to go into work every day and make some boss richer.
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Darren Burton
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