CryptoGain Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that CryptoGain is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about CryptoGain, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting CryptoGain as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about CryptoGain in my CryptoGain Review – now you can learn all you need to know about it.
Is CryptoGain really a legit business?
Is CryptoGain a safe business to join?
Let me show you in my review of CryptoGain.
Get started by reading my review below.
Exactly What Is CryptoGain?
CryptoGain’s website doesn’t offer any sort of background information, and this means you won’t find mention of who owns the company, where it’s based out of, who’s managing things on a daily basis, etc., etc.
The domain name for the site was registered earlier this year on October 22, 2017, but looking at the registration details, it doesn’t take long to realize that the address being used is pure bogus.
Also, even though it’s rather obvious that CryptoGain has only been in existence for a little more than a week, the company still reports that it has “many years of expertise.”
CryptoGain’s Facebook page has only admin, and they go by the name of Bernie Thompson.
I quickly located Bernie Thompson’s personal Facebook page, but seeing as how it was only created around October 26, 2017, it’s pretty clear that the person being described here does not really exist and is simply being used for the namesake.
The other big thing worth noting is that CryptoGain’s website showcases an incorporation number within the United Kingdom. The number is tied to a company called “BitLake Limited” that was incorporated in the UK on June 14, 2017, and the one and only officer for BitLake is listed as Warran ONeal.
It’s not clear of Warran ONeal is a real person or if it’s another fake identify similar to that of Bernie Thompson, but it any case, it’s safe to say that the admin(s) behind BitLake and CryptoGain are the same.
What Is The CryptoGain Product Line?
When it comes to CryptoGain’s product line, there really isn’t much to talk about.
No goods or services are being marketed or sold to retail customers, and as such, you won’t find any retail sales activity throughout the company.
The only thing affiliates have to offer is the affiliate membership itself, and this is usually a theme only seen with schemes and scams of the MLM underbelly.
What Can You Tell Me About The Compensation Plan For CryptoGain?
Should you choose to join CryptoGain as an affiliate, your main goal will be to invest bitcoin so you can then earn a perpetual daily ROI.
Affiliates are given three different investment levels that they can choose from, and they include the following:
- Dash — Affiliates earn a daily ROI of 10% by investing 0.001 to 5 BTC
- Ethereum — Affiliates earn a daily ROI of 21% by investing 5.001 to 10 BTC
- Bitcoin — Affiliates earn a daily ROI of 15% by investing 10 BTC or more
Referral commissions are also here to supplement the direct ROI payments, with affiliates getting paid when they recruit other individuals that invest their own funds as well.
CryptoGain allows members to earn 5% on level one recruits and 2% on level two, and these commissions are handled using a unilevel system.
What Will It Cost To Join CryptoGain?
Although you can join CryptoGain for free, you’ll need to make an investment of at least 0.001 BTC if you want to earn on referral commissions and the perpetual ROI.
Is CryptoGain A Scam?
If you have heard that CryptoGain is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is CryptoGain a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My CryptoGain Review
Similar to CryptoGain, BitLake also offered an opportunity where affiliates could earn daily ROIs of 10%, 12%, and 15% with no limitation for how long they could be earned.
BitLake was quickly discovered to be a Ponzi scheme after it launched in August of this year, and just a few weeks after it launched, the opportunity completely collapsed.
CryptoGain is pretty much a reboot of BitLake, and as such, it’s also operating as a Ponzi scheme.
The only money coming in is from that of affiliate investments, and this results in new funds being recycled to pay off ROIs owed to other members.
Despite this, CryptoGain claims that, “We have our own state-of-the-art infrastructure and cutting edge technologies for cryptocurrency mining.”
Once investment activity eventually dies down, CryptoGain will be nothing. The admin(s) will gather up the lion’s share of what’s been invested, most affiliates will end up losing out, and there will be no chance of recovering lost funds.
I definitely hope you have found value in my Review of CryptoGain.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with CryptoGain, make sure you take the time to learn how to market yourself!
My training below can help you with that.