Bitconnect Review

I am a huge, huge fan of Bitcoin and not because of all the videos about block chains and how it’s “the future” of how we spend money but because it’s different.

People join these Bitcoin based programs to do what?

Make money, right?

So a lot of people promoting this type of stuff claiming that this is the future need to remember that you are trying to make MONEY from Bitcoin, so if hype is what you’re selling, you might want to rethink your marketing strategy.

Now BitConnect is one of your more recent digital currency driven programs and I thought I’d do a review to educate those of you thinking about joining yet another make money from home program, especially if it involves the oh so popular digital currency.

Get all the information you need from this post so that you know exactly what it is you are getting yourself into before you fork out any money.

Name: Bitconnect

Website: www.bitconnect.co

Price: $100 (minimum)

Overall Rating: 2.5/5 stars

Product Overview

Bitconnect is “a self regulated financial system”, which uses Bitcoin as its fuel and allows you to make money by simply making an investment.

However, this isn’t your typical Bitcoin MLM type company that has nothing but an affiliate program that makes everyone money by the new funds brought in by new members.

There is no actual product that comes with this site but rather an “opportunity” to attain an affiliate account, from which you can go out and promote to make you money along with the actual coin that it is.

Who This is For

This is for anyone looking to take a risk, so please don’t come in here because of all the hype you got from the person who introduced this to you.

If you have some money to spare, then this might just be the opportunity for you, which I will be explaining later in this review.

The Price to Get Started

Anyone can join Bitconnect as it is free to get started but in order to make money it would require you to do one of two things, which is invest or recruit or of course both, just like everyone else is doing.

Now to get started in making money without recruiting, you will need to put a minimum of $100, but of course it will need to be in BTC, which you can use with Coinbase, the most popular digital currency wallet on the net.

There is no maximum amount that you can invest and I just heard that someone put in $2mil yesterday, which is pretty crazy but might just be worth it.

How You Make Money

The process of earning money is very much similar to revenue sharing as a significant amount of earnings come through the investment of everyone.

There is also a different earning percentage, which is dependent on which pack you buy.

Each pack also expires once it hits 40%, which means you will have to reinvest or keep reinvesting your profits, which is a common strategy amongst the seasoned marketer.

It also takes a minimum number of days before you can even get your initial investment back and that is also determined by which pack you start with.

If you see in the screenshot below, you will see that the more you put in, the higher percentage you get as well as a much faster return of investment.

Pros & Cons

Pros:

Can make you money
Doesn’t only work with recruiting
Is an actual coin

Cons:

Is still a risk
Unpredictable
Requires a larger investment to make a decent return

Before You Join

If there’s one thing you need to pay attention to in this review, this is it.

First, you need to understand that this thing does require time before you start seeing any profit.

If you’ve seen others making $300/day, understand that they most likely put in a good chunk of change and they are most likely not in profit yet.

If you plan on putting in less than $1,000 don’t expect to be in profit until after 299 days.

That my friend is 10 months!

So don’t go using your grocery money to invest into this if you thought you were going to start seeing profits by next week.

Too many people come into sites like this and find out the hard way.

In the end, this is just not for everyone, so please think things over before pulling the trigger.

Why Bitconnect?

Besides the fact that you can make money just by putting money in is already a decent risk to take in my opinion, but that’s just me.

I have actually made a lot of money through revenue sharing and as long as the site remains up, you can definitely see profits coming in after you get your initial investment back.

Another thing people don’t understand is that this is an actual coin in itself and it will rise and fall just like the actual Bitcoin does but this time we can get in while it’s still low.

If you see the screenshot from my Bitconnect back office, you can see that the value of the Bitconnect Coin (BCC) is currently at $331.62, which is a great thing for anyone who has missed the Bitcoin madness that happened years ago.

So although we have missed the Bitcoin train, I see this as a way to make an actual investment into digital currency, rather than playing the recruiting game like you would with USI-Tech and others that rely on new members bringing in money to the company.

Bitconnect is a real investment, and one that I think might be rise.

Final Verdict: Legit

People can think whatever they want but as long as you understand what you’re joining and the type of risk you’re taking then there shouldn’t be any problems.

Personally, I have been involved with several revenue sharing/HYIP type programs and this isn’t like most of them as you are putting in an actual investment.

It may not be my best recommendation for making money online but it is a great way to invest for those of you who are into that type of stuff.

What I Recommend

There are just way too many ponzi scheme Bitcoin programs out there and although people are actually making money with them, the sad truth is that they will not last no matter what they tried to do to gain “income”.

Bitconnect is actually the best one I’ve come across so far and please don’t compare it to any revshares as they don’t operate the same way.

Unlike other companies that generate money through new members, Bitconnect is an actual investment and not recruiting based.

Yay!

Now if you are not into the whole Bitcoin hype and you are looking to make money online, your best bet would be with Wealthy Affiliate or MLSP.

Those two programs are as good as it gets and if you use any one of the, I’m sure you’ll not just make money, but you’ll build a solid residual income without having to worry about anything crashing.

Other than that, I hope this Bitconnect review has helped you understand how everything really works but please do leave any questions you may still have in the comments section below and I’ll get back to you as soon as I can.

Thanks for reading and good luck!

Bitconnect Review – Scam or Legitimate Business Opportunity?