BitConnect Review

Is This an Excellent Opportunity Or Big Scam?

BitConnect - In the last few weeks, BitConnect has been getting plenty of attention while in the network marketing circles.

With all this hype, I am sure that you have seen some of your friends hoping to sell BitConnect in your social media feeds.

The first factor you need to be aware of is that I am NOT a affiliate or distributor to get BitConnect.

I needed to gather all the information about BitConnect within my BitConnect Review in order for you to create a decision about joining BitConnect.

Is BitConnect legit or just a scam?

Is it able to deliver on it's promises for your requirementspersonally?

Let me show you in my unbiased report on BitConnect.

Read to find out things you want to understand.

BitConnect is one of the latest MLM opportunities to be spotted out from the crazy, and as such, I guessed it'd have been a good strategy to see just exactly what this business is bringing to the table while its still young and fresh.

There isn't a drop of background information available around BitConnect's site, and this means that there's no mention of if the company was established, who owns it, even where it's physically based out of, etc..

This same theme is seen with all the domain registration.

The domain (bitconnect.co) was registered in February 9 of last year, but it's impossible to tell who the owner is or at which the registration took place in the world since it was done privately.

All of this together, and you also receive about as faceless of an organization as the encounter with MLM opportunities.

Which Are The BitConnect Products?

Similar to the background info situation, there's not much to talk about with the "product line" of BitConnect's either,

I put quotes around product line because there isn't such one 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 around for grabs is the affiliate membership, and this results in there being a complete absence of almost any retail sales activity within the opportunity.

Retail sales are absolutely vital to any MLM opportunity, and also that the absence of them in just a company, such as BitConnect, is usually a tell tale sign that something bad is happening you likely do not want to become part of.

What About The Compensation Plan For BitConnect?

Moving things over towards the compensation plan, affiliates can earn a "daily profit" through BitConnect by investing bitcoin or USD in to the business. This "daily profit" is your company's way of describing that an ROI, and it is paid out to members based on how much money they choose to invest into BitConnect.

There are four Major investment levels, and they include —

Investment involving $100 and $1000 provides access to a 40 percent yearly ROI that's paid out for 299 days
Along with this, an added bonus ROI of 23.9 percent is also offered.
Along side this, a bonus ROI of 35.9 percent is also offered.
Investment between $10,010 and $100,000 provides access to a 40% yearly ROI that's paid out for 120 days. Along side this, an added bonus ROI of 30 percent is also offered.

Commissions get handed out via a unilevel system, also level one of this setup (affiliates you've personally pinpointed) earns you the most at 7%.

It's possible to make on a virtually endless number of levels, but the percentage that you get decreases the deeper throughout the system that you simply go.

What's The Cost Of Allergic BitConnect?

Even though you can choose to join BitConnect for free, then you will want to make a investment between $100 and $100,000 if you'd like to become more busy within the MLM opportunity accessible.

So, Is There A BitConnect Scam Happening?

Have you ever really been hearing rumours which BitConnect is actually a scam?

After reading this summary, you may still be asking yourself if it is truly legit.

So — what is the truth? Is there a BitConnect scam going on?

If I am being perfectly honest, BitConnect isn't entirely a scam.

However, there are some things you need to be on the lookout for.

This is the way you will be successful in internet marketing. See the picture below for details.

Looking at BitConnect, it should be pretty clear that we're dealing with only a Ponzi scheme. People combine the business by investing money and then money provides them using an ROI.

However, the way in which BitConnect is about this is especially fraudulent and confusing.

You see, BitConnect Coin is a real type of crypto currency that anyone can mine to get a shot at earning some extra money. You may download a wallet for the money and start mining for a perfectly legit source of money, however this doesn't have anything related to the opportunity that's being offered from BitConnect.

BitConnect says that it's able to generate the ROI through BitConnect Coins through its "trading bot and volatility software", but as you may be able to guess these claims are entirely fictional and just used to try and have more and more people to dump their hard-earned cash into the company.

Plus, since BitConnect's setup is using a variable ROI, the anonymous admin behind the whole item will have more than enough time for you to gather up a healthy amount of cash and sneak off with it until anybody has a clue of what's going on.

A drop in investment activity will fundamentally force BitConnect to collapse, and once it does, most everyone else who joins will probably wind up losing once all is said and done.

Being able to earn a regular ROI of 40% may sound awfully enticing and hard to resist, but as the saying goes in 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 needed to make sure you had all the information you needed, because most other BitConnect reviews are just attempting to sell you something.

If you really do choose to join BitConnect, then I'd like you to succeed with your business. Find out how to market yourself properly!

My practice will be able to help you make money online!