Teeka Tiwari is out with a new bundle service for his crypto newsletters.
He's calling it Crypto Elite, and it costs thousands of dollars to buy.
Before spending money on it, I'm sure you want to know if it's legit or not.
I'll answer that question in this review.
Additionally, I'll cover all the red flags that I find, and trust me, there are a lot of red flags with Teeka.
You'll know if Crypto Elite is worth it by the time you're done.
Let's get started!
Crypto Elite Summary
Creator: Teeka Tiwari
Price to join: $2500, then $249 per year after
Do I recommend? No
Overall rating: 1/5
Teeka Tiwari is someone I consider a lifetime grifter.
He started his career on Wall Street before being banned, and he has been shilling volatile cryptos for the last few years.
Crypto Elite bundles three of his newsletters, and I wouldn't recommend you buy this service.
The crypto picks are going to be very risky, and crypto is not performing well anymore.
The kind of cryptos being recommended can lose all their value overnight.
Ignore Teeka's promises of riches and millions of dollars.
He's a snake-oil salesman.
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Teeka Tiwari - The Man Banned From Wall Street
In order to work on Wall Street and be able to buy and sell securities on behalf of customers, you need to be certified with FINRA.
The Financial Industry Regulatory Authority is abbreviated as FINRA. It is a non-profit organization established by the United States Congress to protect investors by regulating and supervising all securities firms and brokers doing business in the United States.
The objective of FINRA is to protect the financial markets' integrity by implementing its own regulations and federal securities laws, fostering market transparency, and educating investors. The agency also issues licenses to financial experts and provides investors with dispute resolution services.
FINRA has the power to ban people from Wall Street, but both sides of the political aisle claim they don't do enough.
So you really have to deserve getting banned from FINRA if it happens.
And if you search FINRA's records, you'll see Teeka is banned for life:
Many of the companies Teeka worked for have been raided by the FBI and fined millions of dollars, and plenty of people at these companies are in prison.
Teeka has been working for scammers for a long time.
And that didn't suddenly change. He's still the same Teeka, shilling risky securities to naive people.
No One Hypes Like Teeka
Teeka is a shameless promoter.
Many people sell stock picks and cryptos, but very few get to the level of Teeka.
Every year he does a presentation about some sort of "crypto panic."
And in every one of these presentations, he hints that you can make millions of dollars by just investing $1,000.
For example, in his latest presentation, where he fearmongers about a bank run, he constantly hints that his small crypto picks can make you millions.
The problem is that the coins Teeka wants you to buy are incredibly risky, and you're more likely to lose all your money.
The crypto market has lost 50% of its value in the last couple of years.
But you'll never hear that from Teeka. You'll just be told you'll be rich if you follow him.
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Teeka And MarketWise
Another thing to consider with Teeka is that he's employed at a very predatory company.
We already covered that Teeka spent his time on Wall Street scamming people.
It gets worse, though.
After this, he eventually started working for Agora, which is a horrible company that sells investing newsletters to retail customers.
Agora was recently fined millions for defrauding senior citizens.
Many publishers fled after this and came together to create a company called MarketWise.
However, the same problems that plagued Agora plague MarketWise.
MarketWise essentially functions in the same way as Agora.
The sales funnels are aggressive, and marketing is very manipulative.
If you buy Crypto Elite, you'll be put into a sales funnel that's designed to squeeze every dime possible out of you.
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Crypto Elite FAQ's
Still have questions about this service?
Here are the answers to any remaining questions you might have.
1) What do you get with Crypto Elite?
Crypto Elite is a little different than typical investing newsletters.
That's because it's not just one service or a new one.
Instead, it's a bundle of three of Teeka's newsletters that have to do with crypto.
- Palm Beach crypto income
- Palm Beach Pioneer
- Palm Beach Confidential
I personally wouldn't recommend any of these newsletters because they recommend unregulated and very risky cryptos.
To me, it seems like the allure of crypto is over.
2) How much does Crypto Elite cost?
This newsletter costs $2500, and then $249 per year after if you're already a member of Palm Beach Research Group.
If you're not a member, it will cost $4500 and then $249 per year after.
This is too much for me, in my opinion.
There's nothing in this newsletter you couldn't find for free if you started reading crypto forums and websites.
3) Is there a refund policy?
You only get a credit refund:
This means you have no way of actually getting your money back if you're disappointed, which is likely to happen.
Instead, you can use the money on other MarketWise products.
4) Do you recommend
The price is too high, Teeka is untrustworthy, and MarketWise is too predatory.
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Wrapping Things Up
So that's the end of my review of Teeka Tiwari's newest service.
I personally don't like Teeka, which I'm sure you'll get if you read this entire review.
Overall, Teeka is not someone you can trust.
His early career proves this.
Additionally, crypto is a bad bet these days.
This isn't 2015 anymore, when crypto was unknown and people were excited to buy it.
Crypto crashed hard this last year, and there have been a lot of crypto scams.
I just think these investments are too risky now.
You should stick to stocks and good stock-picking services.
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