There isn’t much information about Cryptogenx.com or CGX (like it’s members call it), so I had to put together a review that will give you exactly that.
So before you give into the person who introduced this to you, let me give you everything you need to know so that you can make a wiser decision on your own, rather then getting influenced by someone who might just be in it for themselves.
Is CGX a scam?
Will they really pay?
There are a lot of things that aren’t explained, so please pay attention as you might make the same mistake I did when I first got involved with cyclers.
But before we get started, let me just remind you that I am not affiliated with this company, so you can expect nothing but the truth from a non-member who has had experience with many cyclers.
Crypto Gen X Review – Product Overview
Just when you think cyclers and Crypto-ponzis have stopped, something like this comes along and proves me wrong.
Crypto Gen X is a cycler that shows some pretty big numbers when it comes to the return of investment side of the equation.
Some of you might have been hit with the $1 deal and some of you might have paid more but either way, you were enticed to join this for one reason or another.
At the end of the day, this is nothing but a cycler that requires an investment that will allow you to make money if everything goes the way it should.
But before you get confused, let me explain how everything works so that you know what you are getting involved with.
Cyclers were very common just a couple of years ago and there are never any positive outcomes no matter what anyone tries to tell you.
However, those involved know exactly how they work and ride the wave for as long as they can, before everything eventually comes to a halt.
With scams like the Achieve Community taking millions of dollars from innocent people (and even donating some to their church), you can bet that there is nothing positive that comes from these ventures.
So why would anyone promote them?
To make money of course, but there’s always going to be a way to earn if you bring someone into the company.
By offering some kind of incentive, you can bet that others will promote this, just to make money.
Cyclers come with prizes, rewards, and whatever you want to call it for the sole purpose of getting other newbies into the program.
So on top of having other people fill a spot so that you can cycle out, you can also make money just for getting someone else to join.
That’s a win/win and who doesn’t want to make more money, right?
Well there’s more to it than just that but it’s not as complicated as it seems.
How CGX Works
Cyclers are very simple and I’m not going to sit here and tell you all about the 3 x 2 and 5 x 1 nonsense because you can find all of that on the CGX site.
However, I would like to explain to you how cyclers work as they are literally all ran the same way.
Cyclers are nothing more than a buying “spots” and then having other people buy some that will in turn fill that spot you purchased in order for it to cycler out, eventually making you money.
Have that one position fill up, pay that person, and another position will start their “cycle”.
Wash, rinse, and repeat until everyone gets paid, which is NEVER going to happen.
Now when cyclers get started, you will usually have the owner and its buddies grab as many spots as they can, which of course will take thousands of other members to join just to fill whatever spots they filled.
Those that got in early will be able to show others that they made money, which in turn will get more members to join.
Very much like those Instagram Cyclers that used to go around, CGX is no different.
The problem here is that someone will eventually lose and it’s usually those that get in last.
Those at the top will have gotten paid, so they wouldn’t care what happens to everyone else and that’s just how it is.
I have personally lost a couple thousand dollars to cyclers, so please don’t let the dollar signs get in the way of you making real money online.
No Products = Not a Real Business
When it comes to any real business, there needs to be something in order for it to be considered legit, whether it be tangible or some kind of training of some sort.
With cyclers, there is no product and there is no clear explanation of what everything is about but rather things like “make $11k” and all that stuff that has nothing to do with the company.
I can promise you that no one will make the $11k with $1, so don’t let that be the deciding factor on why you will join CGX.
I can also promise you that CGX will not last and you will most likely be one of those that fill someone else’s spot, hoping that you will at least make back what you put in.
So is CGX a Scam?
You bet it is.
Sorry to be the only one to be flat out honest with you, but this is something that will never ever be a legitimate way to make money, whether it be on or offline.
I understand your desperate need/want to make more money but do know that I have been in your shoes before, so I know all about these types of schemes.
I mean, what would you tell someone who asks you what you do?
“I’m a professional cycler”
That doesn’t even make sense unless you’re riding a bike (like I do) or something.
No matter how much any owner tries to get you to join by showing you all kinds of proof, just remember what I said in this review.
Unless you want to fill those positions purchased by those in the good old boy’s club, I recommend you stay away from this or anything with the word cycler attached to it.
What I Really Think
The only way that some sort of cycler can actually work is if you are with a bunch of friends or family members that are willing to add to a money pool from which one will collect every month.
By doing this, you reward each person with a monthly lump sum, that will eventually help with bills or whatever they need the money for.
Once that is done, everyone will have paid and it would’ve been like a savings account that you had everyone control rather than yourself as I’m sure you would’ve never saved that much money on your own.
Besides that, do not get involved with any cyclers on the internet or social media unless you feel like rolling the dice.
I hope this Crypto GenX review has given you a better understanding of what a cycler really is and I most especially hope that you can make a wiser decision
If you have any questions about this or any other make money from home program, feel free to leave them in the comments section below and I will get back to you as soon as I can.
Thanks for reading and good luck!
P.S. Don’t forget to checkout my #1 recommended work from home program.