A review of BitEstate not trying to sell it to you. Is this a legitimate investment platform or just another Ponzi Scheme that won’t last very long? Don’t just blindly jump into any new deal without looking for signs that it’s a legitimate company that is set up for the long run.
On the same token (No pun intended), there are warning signs to watch for so you don’t get burnt!
Okay let’s get right into this BitEstate Review…
I went over to their website at BitEstate.biz and can not figure out who is running this new deal.
No President, CEO, Co-founder, Leadership Council or even Chief Marketing officer.
BitEstate owners: Anonymous.
The domain BitEstate.biz was privately registered on November 7, 2017.
They seem to be claiming that they are based out of London.
However based on the easily attainable UK incorporation that any one outside the UK can get nowadays, most likely they aren’t.
BitEstate Product Line:
They have absolutely no products or services that are retailable at the moment.
The only thing their affiliates and distributors have to market is the make money membership itself.
When ever you take products and services out of a Network Marketing deal, it usually renders it Ponzi Scheme.
BitEstate Compensation Plan:
The best part about this investment platform is the ‘simplicity’ of it’s comp model.
Basically you as an investor will have to convert your local currency and find this platform for a promised ROI.
They have 3 Plans to choose from:
1- Invest between 0.001 – 1 BTC and receive up to 176% ROI over a period of 32 days.
2- Invest between 0.01 – 1.5 BTC and receive up to 145% ROI over a period of 10 days.
3- Invest between 0.05 – 2 BTC and receive up to 240% ROI over a period of 20 days.
BitEstate is paying out referral commissions on 2 levels deep using a Uniline Comp plan as follows:
1- Earn 9% for all of your personally sponsored investors.
2- Earn 3%
However, if you are willing to take some risk by investing at least 0.1% along with going out and personally sponsoring in at least 10 people, then your referral income can go up as follows…
Level 1- 12%
Level 2- 6%
Cost to Join BitEstate:
1- Free (but you can only earn referral commissions).
2- At least 0.001 BTC for passive ROI.
I don’t recommend this platform.
Too many red flags!
1- Anonymous owners.
2- Promise of income. Anything that promises you an income for doing absolutely nothing (especially online) is a red flag!
3- BitEstate claims that they create revenue to pay investors by leveraging Real Estate profit.
However there is no real proof that this is happening.
I am not trying to talk you out of joining this new deal.
However for me personally, the risks outweigh the rewards.
Entrepreneurs are risk takers but they ONLY take calculated risks!
Still want to look around some more for a Legit System?
Here is the ==>>ONLY System that I will ever personally market.
If it’s fire your boss type of income that you are after, then you NEED a Legitimate System that will pay you what they promise along with something that will be around for the long run! This system will not only provide you with an Opportunity to create income for yourself but also the training that you will need to become successful online.