Thank you for taking the time to read our Bitcoin5 review. It's always best to know as much as possible about a new business opportunity, especially if you're investing your hard-earned money in it.
We want the best outcome for you in every way, so it's mandatory to always make the best choices. Cryptocurrency is the new thing to invest in, but it's never a joke when it comes to investing. A few bad decisions can snowball into undesirable results. We're here to help you avoid that.
So, why don't you get your favorite snack and beverage, we're about to learn if this MLM is the right one for you to invest. The worst case scenario is knowing more than you did before, so it's a win-win situation!
Bitcoin5's website doesn't give any information about the owners or who's in charge of the business opportunity.
The domain for Bitcoin5 got registered a little over six months ago on March.
The Bitcoin5 shows an address that directs it to the UK's city of Manchester. But in reality, we found that this is a rental owned by Virtual Office provider Regus.
An Adam Bates is referred as the Bitcoin5 director, and he's supposedly located in Manchester as well as Bitcon5.
We have numerous reasons to think that Mr. Bates doesn't exist. His name and the fact that we couldn't find any info on him makes it highly suspicious.
Bitcoin5 doesn't offer any products or services on retail. Bitcoin5 members only have the possibility to market memberships.
The Compensation Plan
Members for Bitcoin5 pay a minimum 0.005 BTC with the promise of a ROI that can go up to 5%, variability goes from 1% to 5% in a 20-day period
When these 20 days are over, Bitcoin5 members can take the invested money and their ROI. Let's talk about referrals commissions. The company gives them through an uni-level structure.
Here's how it works: The structure puts a Bitcoin5 member at the top of the uni-level tree, then each direct recruit is put beneath him, that's the way level one is made.
After a Bitcoin5 Level one member does a recruitment, the recently added member is put at Level two of the uni-level tree.
This happens the same way for Bitcoin5 members on every level. There aren't any limits on how far can a uni-level tree grow.
Bitcoin5 gives its members commissions based on their direct recruits. Members get their commissions on uni-level trees that have from three to five levels.
If a Bitcoin5 member directly recruits less than 300 persons, they receive:
- 8% commissions on the first level (direct recruits)
- 2% commissions on the second level
- 1% commissions on the third level
But If a member directly recruits more than 300 persons, they get:
- 12% commissions on the first level (direct recruits)
- 3% commissions on the second level
- 1% commissions from the third to fifth level
The membership to the Bitcoin5 business opportunity comes along with a minimum of 0.005 BTC investment.
The Final Word on Bitcoin5
The “secret” to the Bitcoin5 20-day ROI payments is what they call currency transactions. The Bitcoin5 owners say they have experience in the field with big names – without referring to anyone exactly – and that they'll use that to benefit new Bitcoin5 investors.
There isn't any verifiable truth to any of these operations. We couldn't find how the Bitcoin5 raises the ROI revenue either. What we can only assume is that the member funds pay ROI for the older investors. This makes it a classic Ponzi scheme
Besides all that, the idea that a successful large scale company goes small for no particular reason is suspicious. On gut feeling alone this opportunity looks bad however you look at it.
This formula is so frequent that lots of people should know about it already. Unfortunately, some just don't, and they throw their money into the air, and other people end up with their pockets full.
The good news is that these businesses ultimately collapse before the hype dies down. As time passes by, people will know more about dangerous opportunities, and this company will not be an exception.
More good news for you. After reading this review, you won't lose any money unless you literally like burning bills into oblivion.
Aaron and Shara What Do You Recommend?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We also think the startup cost of $100-$999 is pretty steep.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers.
If you don’t want to be in a business that costs $199-999 to start and requires you to host home parties or call all your friends and family to buy your stuff no worries.
We have the perfect business for you where you don’t have to recruit, you don’t have to own any product and oh did we mention it’s ONLY $1 to start!!!
The main reason for it is you will learn step by step on how to build a profitable business online and they even cover you for products so you don’t have to create anything yourself…
You will also get a one on one business coach to help you every step of the way.
Anyways, we hope you enjoyed the Review. Please comment below if you are part of this company as our readers would love to know how you are doing.
Also, if there are any products or companies out there you want us to review please let us know!
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