My Cash Pool Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, My Cash Pool 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 My Cash Pool in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for My Cash Pool.
I wanted to gather all the information about My Cash Pool in my My Cash Pool Review in order for you to make a decision about joining My Cash Pool.
Is My Cash Pool 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 My Cash Pool.
Read on to find out what you need to know.
What The Heck Is My Cash Pool?
After taking a look through the official website for My Cash Pool, it doesn’t take too long to realize that someone by the name of Ashish Raja is the reported owner of the company.
If Raja’s name sounds at all familiar to you, that’s because the man was quite involved in the world of MLM scams and schemes last year.
Raja is based physically out of India, and the year of 2016 saw him doing quite a lot of promoting for the likes of Fort Ad Pays, Triple Threat Marketing, My Paying Ads, and Ultimate Revshare.
For those of you keeping track at home, each and every one of these opportunities is a Ponzi scheme, and all but My Paying Ads has already collapsed due to a lack of recruitment and investment activity.
Because of the failure of all of these opportunities that he was involved with, this is more than likely what prompted Raja to launch My Cash Pool. It’s safe to say that the man lost some money as a result of the collapse of those scams, and he’s probably using My Cash Pool as a way to make some of that money back.
Let’s take a look at the company and see if that’s what’s taking place.
What Are The My Cash Pool Products?
Not surprising to anyone, My Cash Pool is a company that’s operating without any sort of product line in place at all.
This is a move that is usually only seen with opportunities that are functioning in the MLM underbelly, and judging by Raja’s past history with other companies, I’d be surprised if My Cash Pool was working as a scam or scheme of some sort.
The lack of a product line within My Cash Pool means that it doesn’t have any goods or services to market, resulting in affiliates having nothing more than the affiliate membership to try and sell to interested individuals.
Along with this, the lack of a product line also means that there’s a complete and total absence of any and all retail sales activity. This is never something that you want to see for any MLM opportunity, and it’s a pretty telling sign that there’s some illegal activity taking place within this one.
What About The Compensation Plan For My Cash Pool?
On the compensation plan side of things, affiliates for My Cash Pool earn money by gifting bitcoin to one another that’s all tracked through the use of a 2×10 matrix system.
Every level of the matrix functions as its very own independent level of cash gifting, with affiliates sending money to one another in order to get money in return.
There are ten total levels of this, and they all work out as follows –
- Level 1 – Members gift 0.02 BTC in order to receive the same amount from two other affiliates
- Level 2 – Members gift 0.03 BTC in order to receive the same amount from four other affiliates
- Level 3 – Members gift 0.05 BTC in order to receive the same amount from eight other affiliates
- Level 4 – Members gift 0.2 BTC in order to receive the same amount from sixteen other affiliates
- Level 5 – Members gift 1 BTC in order to receive the same amount from thirty-two other affiliates
- Level 6 – Members gift 2 BTC in order to receive the same amount from sixty-four other affiliates
- Level 7 – Members gift 4 BTC in order to receive the same amount from one hundred and twenty-eight other affiliates
- Level 8 – Members gift 8 BTC in order to receive the same amount from two hundred and fifty-six other affiliates
- Level 9 – Members gift 16 BTC in order to receive the same amount from five hundred and twelve other affiliates
- Level 10 – Members gift 32 BTC in order to receive the same amount from one thousand and twenty-four other affiliates
What’s The Cost Of Joining My Cash Pool?
Interested in becoming an affiliate for My Cash Pool? In order to make this happen, you’ll need to gift a bare minimum of 0.02 BTC to the affiliate that initially recruited you to join the company, but gifting more and more bitcoin will allow you to earn more in return as you recruit others to join the opportunity.
So, Is There A My Cash Pool Scam Going On?
Have you been hearing rumours that My Cash Pool 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 My Cash Pool scam going on?
If I am being perfectly honest, My Cash Pool 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 My Cash Pool Review And Conclusion!
As per Ashish Raja –
“I have tried many online programs, where people used to pay 1000 of dollars to start and then end up in either a scam project or it takes years to receive those money back.”
Just like I suggested above, it’s quite obvious that Raja only started My Cash Pool so that he can make some money back after losing so much in the other scams that he was a part of.
The matrix system will see the lion’s share of all the money that’s invested in the company get passed on up to Raja himself, leaving most everyone else to earn breadcrumbs.
Once recruitment levels inevitably die down, My Cash Pool will be forced to come to a complete collapse. At this point in time, Raja will make off with whatever he’s earned and then leave most everyone else to end up losing out.
In other words, you’ll want to avoid this one at all costs.
I really hope you have gained value from my My Cash Pool Review.
I wanted to make sure you had all the information you needed, because most other My Cash Pool reviews are just trying to sell you something.
If you really do decide to join My Cash Pool, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!