BTC Wait Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, BTC Wait has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell BTC Wait in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for BTC Wait.
I wanted to gather all the information about BTC Wait in my BTC Wait Review in order for you to make a decision about joining BTC Wait.
Is BTC Wait legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of BTC Wait.
Read on to find out what you need to know.
What The Heck Is BTC Wait?
Taking a look at BTC Wait’s website, it’s clear right away that there’s not much background information to be found.
There’s absolutely no mention of who launched BTC Wait, who’s running the company, or anything along these lines.
BTC Wait’s domain name was registered on November 7, 2017, but since it was done privately, there’s no way of knowing where in the world the registration took place or who the owner of the domain is.
The one thing of interest found on the website is that of a United Kingdom incorporation.
BTC Wait was incorporated in the UK on November 17, 2017, and it was done so as BTCWait Limited.
The address used for the incorporation belongs to Registered Office upon further inspection, and this is a company that offers virtual office spaces to other businesses. In other words, BTC Wait likely doesn’t have any physical presence in the UK.
Along with this, the sole director “Zachary Simpson” is also bogus. There’s no information to be found on Simpson anywhere, and when you combine this with the virtual address, it’s pretty clear that the one being described here doesn’t actually exist.
What Are The BTC Wait Products?
On the product line side of things, it really doesn’t get much better.
BTC Wait isn’t marketing or selling anything at all, and this means that affiliates only have the affiliate membership to offer to folks interested in joining a new income opportunity.
This is a theme that I see quite often in the MLM space, and in my experience, this is something that only occurs with companies in the MLM underbelly.
What About The Compensation Plan For BTC Wait?
As for the compensation plan, those that choose to join BTC Wait are asked to invest their money so they can earn an offered ROI.
Members are given five main investment plans to choose from, and they work out as follows:
- Gold Plan — Make an investment of $10 or more, get a daily 3% ROI for 100 days
- VIP Plan — Make an investment of $1000 or more, get a daily 7% ROI for 35 days
- Business Fast Plan — Make an investment of $2000 or more, get a daily 10% ROI for 15 days
- Super VIP Plan — Make an investment of $20 or more, get an 800% ROI after 40 days
- Super Silver Plan — Make an investment of $50 or more, get a 1800% ROI after 70 days
In addition to all of this, affiliates also have the chance to earn on referral commissions.
Referral commissions are paid out when an affiliate’s recruits invest their own money into BTC Wait, and the commissions earned here increase as you recruit more and more people into your downline.
What’s The Cost Of Joining BTC Wait?
You can join BTC Wait for free and only earn on the referral commissions, but if you’d like to earn these and the advertised ROI, you’ll need to make an investment of $10 or more.
So, Is There A BTC Wait Scam Going On?
Have you been hearing rumours that BTC Wait is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a BTC Wait scam going on?
If I am being perfectly honest, BTC Wait isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My BTC Wait Review And Conclusion!
According to BTC Wait, it’s able to generate funds for the ROI through “unique investment methods.” However, to no one’s surprise, there’s no proof of any activity taking place here.
The only money that’s evidently making its way into BTC Wait is that of affiliate investments, and as such, BTC Wait is taking newly invested funds and using them to pay off ROIs owed to existing members.
Because of this, BTC Wait is operating as a Ponzi scheme.
Like all other Ponzi schemes, BTC Wait will run into trouble once investments stop coming in. Most everyone that’s involved will end up losing out, with only the admin earning anything of real value.
In other words, this is an opportunity I’d strongly advise staying very clear of.
I really hope you have gained value from my BTC Wait Review.
I wanted to make sure you had all the information you needed, because most other BTC Wait reviews are just trying to sell you something.
If you really do decide to join BTC Wait, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!