What Are The BitConnect Products

BitConnect Review
--
Is This A Good Opportunity Or Big Scam?
BitConnect Review - In the last couple of weeks, BitConnect has been gaining a lot of attention within the network marketing circles.
With all this hype, I am sure that you have seen some of your friends attempting to sell BitConnect on your social network feeds.
The first factor that you need to know is that I'm NOT an affiliate or distributor for BitConnect.
I needed to gather all of the information about BitConnect within my own BitConnect Review in order to allow one to produce a decision about connecting BitConnect.
Is BitConnect legit or a scam?
Is it able to deliver on it's promises to you?
Let me show you within my unbiased review of BitConnect.
Read to find out what you need to understand.
BitConnect is among the latest MLM opportunities to be spotted outside from the wild, and as such, I guessed it'd be a fantastic idea to see just what this company is bringing to the table while its still young and fresh.
Upon looking through BitConnect's official website, I came away feeling quite disappointed and stressed.
There isn't any drop in background information available around BitConnect's site, and this means that there's no reference of when the company was founded, who owns it, even where it's physically based out of, etc..
This same theme is seen with the domain name registration.
The domain (bitconnect.co) was registered on February 9 of last yr, but it's impossible to tell who the owner is or at which the registration took place on the planet since it was done independently.
All this together, and you also receive about as faceless of an organization as the encounter with MLM opportunities.
What Are Your BitConnect Products?
Similar to the background info situation, there's not much to talk about with all the "product line" of BitConnect's either,
I put quotes around product line because there isn't such one being offered by the company at all.
There are not any goods or services to be seen, and this means that nothing else is being sold to retail customers.
The one thing up for grabs is your affiliate membership, and this results in there being a whole lack of any retail sales activity over the opportunity.
Retail sales are absolutely vital to almost any MLM opportunity, and also that the absence of them in just a company, such as BitConnect, is usually a telltale sign that something bad is taking place that you likely do not want to become part of.
What About The Compensation Policy for BitConnect?
Moving things towards the compensation plan, affiliates can earn a more "daily profit" through BitConnect by investing either bitcoin or USD in to the company. This "daily profit" is the company's means of describing an ROI, plus it is paid to members based on just how much money they choose to invest in BitConnect.
There are four Primary investment levels, plus they include --
Investment between $100 and $1, 000 provides access to a 40% monthly ROI that's paid for 299 days
Investment between $1010 and $5000 provides access to a 40 percent yearly ROI that's paid for 239 days. Along with this, an added bonus ROI of 23.9% is also offered.
Investment between $5010 and $10,000 provides access to a 40% yearly ROI that's paid out for 179 days. Along with this, a bonus ROI of 35.9 percent is also offered.
Investment between $10,010 and $100,000 provides access to a 40 percent monthly ROI that's paid for 120 days. Along with this, an added bonus ROI of 30 percent is also offered.
Referral commissions exist alongside the direct ROI payments, and this money is paid as a set percentage of funds invested from the downline of additional affiliates within BitConnect.
Commissions get handed out via a unilevel system, also level one of this setup (affiliates you've personally recruited) earns one of the most at 7%.
It is possible to earn to the virtually endless multitude of levels, however the percentage that you earn decreases the deeper all through the system that you go.
What's The Cost Of Allergic BitConnect?
Even though you are able to choose to join BitConnect for free, you will want to generate an investment between $100 and $100,000 if you'd love to become more active within the MLM opportunity accessible.
So, Is There Really A BitConnect Scam Going On?
Have you ever been hearing rumours that BitConnect is really a scam?
After reading this summary, you may still be asking yourself if it is really legit.
Is there a BitConnect scam happening?
If I'm being perfectly honest, BitConnect isn't entirely a scam.
There are some things you want to watch out for.
This is the way you'll be successful in online marketing. See the image below for details.
Finally, My BitConnect Review And Conclusion!
Looking at BitConnect, it should be pretty apparent that we're working with only a Ponzi scheme. People join the business by investing money and then that money provides them with an ROI.
However, the way in that BitConnect is about this is especially deceptive and confusing.
You see, BitConnect Coin is actually a real form of crypto currency that anyone can mine to get a shot at bringing some extra money. You may download a wallet to the currency and start mining to get a perfectly legit source of money, however this doesn't have anything related to the opportunity that's being offered from BitConnect.
BitConnect says it's able to generate the ROI through BitConnect Coins through its "trading bot and volatility software", however as you might be able to guess these claims are entirely fictional and only used to attempt to obtain an increasing number of people to ditch their hard-won cash in to the company.
Plus, since BitConnect's setup is using a variable ROI, the anonymous admin supporting the whole thing is going to have more than enough time to gather a healthy amount of cash and then sneak off with it until anybody has a clue of what's going on.
A drop in investment activity will ultimately force BitConnect to collapse, as soon as it does, most everyone who joins will probably wind up losing out once all is said and done.
Being able to make a regular ROI of 40% might sound awfully enticing and hard to resist, however as the saying goes from the wonderful world of MLM, if it's too good to be true, it likely isn't.
I really hope you've gained value in my BitConnect Review.
I desired to be sure you had all the information you had, because most other BitConnect reviews are just attempting to sell something.
If you really do decide to combine BitConnect, then I'd like you to succeed with your business. Discover to market yourself properly!
My practice can assist you in making money on the web! http://www.socialleadfreak.com/bitco...unity-big-scam