Libra Coin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Libra Coin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Libra Coin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Libra Coin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Libra Coin in my Libra Coin Review – now you can learn all you need to know about it.
Is Libra Coin really a legit business?
Is Libra Coin a safe business to join?
Let me show you in my review of Libra Coin.
Get started by reading my review below.
Exactly What Is Libra Coin?
On Libra Coin’s website, you won’t find any information about who’s running the company, when it was launched, where it’s being operated from, or anything like that.
Background information is key when looking into a new income opportunity, and this is something that Libra Coin just doesn’t have to offer.
The domain name for the Libra Coin site was registered on November 17, 2017, but since the registration was done privately, there’s no way to know where this took place or who the domain owner is.
What Is The Libra Coin Product Line?
As for the product line, this is another area where Libra Coin really doesn’t impress in the slightest.
No goods or services are being sold to retail customers, and as such, you won’t find any retail sales activity within the company.
Affiliates only have the affiliate membership itself to market to those looking for a new income opportunity, and at least in my experience, this is something that’s only seen with those in the MLM underbelly.
What Can You Tell Me About The Compensation Plan For Libra Coin?
Once you join Libra Coin, you’ll be able to invest bitcoin into LBR points that are offered to you.
These LBR points are generated by Libra Coin itself, and you can purchase them for a price that ranges from 60 cents up to $1 per a single point.
Affiliates then take these points and “lend” them back to Libra Coin, and when this happens, you earn a daily ROI.
There are a few different investment levels that you can choose from with Libra Coin, and they include the following:
- Earn a daily ROI for 240 by investing $100 to $1000
- Earn a daily ROI + 0.15% bonus by investing $1010 to $5000
- Earn a daily ROI + 0.25% bonus by investing $5010 to $10,000
- Earn a daily ROI + 0.355 bonus by investing $10,010 to $100,000
Although the exactly daily ROI percentage isn’t offered, Libra Coin says that monthly ROI earnings are limited to 45%.
Lastly, to go along with money that’s earned here, affiliates are also able to earn on referral commissions. Referral commissions are paid using a unilevel system, and this allows members to earn down to four levels of recruitment.
What Will It Cost To Join Libra Coin?
If you want to join Libra Coin, you can do so for free and limit yourself to earning on just referral commissions. However, if you want to earn on these and the daily ROI, you’ll need to pony up an investment of at least $100.
Is Libra Coin A Scam?
If you have heard that Libra Coin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Libra Coin 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 Libra Coin Review
The MLM underbelly is currently filled with Ponzi schemes that are trying to cash in on all the hype surrounding cryptocurrency at the moment, and it’s rather clear that this is exactly what Libra Coin is.
LBR points are totally worthless outside of the compensation plan that’s being offered, and they also aren’t tradable on the public market.
Newly invested funds get recycled and are used to pay ROI liabilities owed to other members, and when you add all of this together, and glimmer that Libra Coin once had quickly fades away.
Most people that join Libra Coin will end up losing out, and only the anonymous admin(s) will earn anything of true value.
Unless investing thousands of dollars and having no way to recover it when it’s inevitably lost sounds like a fun time to you, I’d strongly advise against joining this one.
I definitely hope you have found value in my Review of Libra Coin.
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 Libra Coin, make sure you take the time to learn how to market yourself!
My training below can help you with that.