What’s The Cost Of Joining BitConnect
BitConnect Review - In the last couple of weeks, BitConnect has been getting lots of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends attempting to sell BitConnect on your social network feeds.
The first point you ought to know is that I am perhaps not an affiliate or distributor for BitConnect.
I wanted to assemble all the information about BitConnect in my own BitConnect Review so to allow one to produce a decision about linking BitConnect.
Is BitConnect untrue or just a scam?
Is it able to deliver on it's promises to youpersonally?
Allow me to show you in my unbiased review of BitConnect.
Read to find out things you need to know.
BitConnect is among the latest MLM opportunities to be spotted outside from the crazy, and as such, I figured it'd be a fantastic idea to see just exactly what this business is bringing to the table while its still young and fresh.
Upon looking through BitConnect's official website, I came out feeling quite disappointed and stressed.
There isn't a drop of background information available on BitConnect's site, and this means that there's no mention of when the organization was founded, who owns it, where it's physically based out of, etc..
This same theme is seen with all the domain name registration.
The domain (bitconnect.co) was registered in February 9 of last 12 months, but it's impossible to tell who the master is or at which the registration took place on the planet since it was done independently.
All all this together, and you also get about as faceless of an organization as the come with MLM opportunities.
Which Exactly Are Your BitConnect Products?
Similar to the background data situation, there's not much to talk about with all the "product line" of BitConnect's either,
I put quotes around product lineup because there isn't such offered by the business whatsoever.
The only thing up for grabs is the affiliate membership, and this results in there being a entire deficiency of any retail sales activity within the opportunity.
Retail sales are absolutely vital to almost any MLM opportunity, and the absence of these in just a business, such as BitConnect, is usually a telltale sign that something bad is happening that you likely don't want to become a part of.
What About The Compensation Arrange for BitConnect?
Moving things up towards the compensation program, affiliates can generate a more "daily profit" through BitConnect by investing bitcoin or USD into the company. This "daily profit" is the company's means of describing a ROI, and it is paid out to members based on just how much money they choose to invest into BitConnect.
There are four Major investment levels, plus they include --
Investment involving $100 and $1, 000 provides access to your 40% yearly ROI that's paid for 299 days
Offshore commissions exist alongside the lead ROI payments, and this money is paid as a set percentage of funds invested from the downline of other affiliates within BitConnect.
Commissions get handed out via a unilevel system, also level one of the setup (affiliates you've personally recruited) earns you the most at 7%.
You can earn on the virtually endless range of levels, but the percentage that you bring in decreases the deeper during the system that you just go.
What's The Cost Of Joining BitConnect?
Although you are able to choose to combine BitConnect for free, then you'll have to create a investment between $100 and $100,000 if you may love to be busy within the MLM opportunity at hand.
So, Is There Really A BitConnect Scam Going On?
Have you ever really been hearing rumours which BitConnect is really a scam?
After reading this review, you might still be asking yourself if it is truly legit.
Is there a BitConnect scam happening?
But, there are some things you want to be on the lookout for.
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Looking at BitConnect, it should be pretty apparent that we're dealing with simply a Ponzi scheme. People combine the business by investing money and then that money provides them using an ROI.
Nevertheless, the way by that BitConnect is moving about this is especially deceitful and confusing.
You see, BitConnect Coin is just a true type of cryptocurrency that anybody can mine for a shot at bringing some extra income. You can download a wallet to the money and start mining for a perfectly legit source of money, however this doesn't always have anything to do with the opportunity that's being offered by BitConnect.
BitConnect says it's able to generate the ROI through BitConnect Coins through its "trading bot and volatility software", but as one may be able to guess, these claims are entirely fictional and only used to attempt to have an increasing number of people to dump their hard-won cash into the company.
Plus, since BitConnect's setup is using a variable ROI, the anonymous admin behind the entire item will have more than enough time for you to collect up a healthy amount of cash and then sneak off with it before anyone has a hint of what's happening.
A drop in investment activity will fundamentally force BitConnect to collapse, and once it does, most everybody else who joins will probably wind up losing once all is said and done.
I truly hope you have gained value from my BitConnect Review.
I needed to be sure you had all the information you wanted, because most other BitConnect reviews are just attempting to sell something.
If you really do choose to combine BitConnect, I want you to succeed with your business. Discover how to promote yourself properly!
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