Bitlocity is a peer-to-peer cryptocurrency lending platform that connects crypto holders with investors seeking to leverage their existing assets into new coins. Bitlocity is the first company of its kind and has quickly become one of the industry’s hottest companies.
The “bitlocity login” is a review website that provides information on cryptocurrency. The site has been around since 2014, and it offers reviews of various cryptocurrencies.
Do you want to read a Bitlocity review? You may have heard about Bitlocity if you wish to earn Bitcoin. However, you can worry whether it’s a ruse.
I’m passionate in assisting others in exploring online money-making options. I’ve examined a lot of applications like Bitlocity throughout the years.
I’ve been researching Bitlocity for the last week so I can tell you more about it.
I’m not linked with Bitlocity, just to be clear. It indicates I was not compensated for writing this review. As a result, you can be certain that my opinions are impartial.
I’ll also tell you about a superior option that has allowed me to create a full-time passive income online at the conclusion of this article.
I’ll go through the following in my Bitlocity review.
What exactly is Bitlocity?
The Bitlocity system is a giving concept that uses Bitcoin rather than cash. You must pay a charge to be able to hire new employees. You earn money by recruiting others, which you then give to the person who recruited you.
This is a pyramid scam in its purest form. There aren’t enough money to compensate everyone when recruiting slows. The plan falls apart.
Although Bitlocity is a pyramid scam, not all programs requiring you to recruit are pyramid schemes. This is a pyramid scam since there is no genuine product to sell.
It’s a pyramid scam when the sole source of income is recruiting, as is the situation with Bitlocity.
Because pyramid schemes are illegal in many countries, including the United States, engaging in Bitlocity might get you in legal problems.
Bitlocity is not lawful just because it utilizes Bitcoin rather than cash. Would you recruit individuals to take part in something where they are certain to lose money?
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Pricing for Bitlocity
Bitcoins are required to join Bitlocity.
The following are the different membership levels available:
- Bronze ($25)
- Silver ($50)
- Gold ($75)
- ($100) Platinum
- Pearl ($200)
- Ruby ($750)
- ($1000) Sapphire
- Emerald ($2000)
- Diamond ($5000)
- ($10,000) Double Diamond
- ($20,000) Blue Diamond
- ($50,000) Ambassador
- ($100,000) Crown Ambassador
The complete program would cost $189,000 to partake in.
How Much Money Can Bitlocity Make You?
Bitlocity only pays you if you recruit others. As a result, it’s a pyramid scam. There isn’t much to sell here.
It all comes down to recruitment. You assist in the recruitment of new employees, earn money, and progress up the corporate ladder.
The amount you may earn is determined by your membership level, therefore you won’t earn as much as a higher level member.
The following sections explain how compensation is calculated depending on your membership level:
Levels of Bronze and Silver
The Bitlocity affiliate program’s first two membership levels are bronze and silver. You have the option of recruiting new members. You get one commission and another Bitlocity associate receives the other.
When you complete these two levels, a third recruiting slot becomes available, allowing you to hire a third individual.
Higher Levels And Gold
You have three spaces beneath you that need to be filled as soon as you achieve the gold level or above. The commissions for the first two recruits go to you, but the commission for the third recruit goes to the person who recruited you.
Pricing for Bitlocity
Bitlocity is not a free service. A membership fee ranging from $25 to $100,000 is required. Once you’ve paid the membership cost, you can’t request a refund.
You may only attract individuals into the scam after that; else, you will lose all of your money.
I don’t believe the membership price is justified since it is a pyramid system.
Pros and Cons of Bitlocity
Pros
- Because Bitlocity is not legal, I can’t think of any advantages.
Cons
- There is no product to sell, therefore the only way to generate money is to recruit. That’s a pyramid scam, right there.
- The fact that Bitlocity utilizes Bitcoin rather than cash has no bearing on the fact that it is unlawful in the United States and elsewhere.
- There is a little likelihood of making money. A pyramid scam quickly falls apart.
Is Bitlocity a rip-off?
Bitlocity is a pyramid scam, hence it is not legal. Pyramid schemes are illegal in most nations, including the United States. Some argue that since Bitlocity utilizes Bitcoin, it is legal, however this is not the case. This is supported by a report from the Securities and Exchange Commission.
As a result, if you don’t want to lose money, don’t join Bitlocity.
Instead, if you want to start a legitimate and long-term internet company, I have a better suggestion for you.
You will be able to create a digital asset that will provide you with passive revenue. In the next part, I’ll go into further depth.
Recommendation: This Is The Best Option
Is There a Better Bitlocity Alternative?
If you’re new to internet marketing, I suggest starting with affiliate marketing, which is one of the most successful online business strategies.
This is because, unlike paid advertisements, affiliate marketing allows you to operate your company essentially for free and earn a consistent passive income. It’s a legitimate company where you earn money by assisting others.
I’d advise you to start with the most recognized affiliate marketing network, Wealthy Affiliate, which will teach you the true secrets of free traffic. Wealthy Affiliate is a one-stop shop for starting an affiliate marketing company from the ground up.
It provides you with a free account (including a free website) as well as complete SEO (free traffic tactics) training, allowing you to begin affiliate marketing right away without spending any money.
However, how much money can you make with Wealthy Affiliate? A 21-year-old Wealthy Affiliate student earned $7,395 in only one week, or more than $1,000 per day…all while employing free traffic sources.
Wealthy Affiliate has been around for 15 years and has a long track record of success. Here are some more inspirational success stories from Wealthy Affiliate members to offer you additional examples.
What is the location of Wealthy Affiliate?
Wealthy Affiliate offers a very straightforward price structure. It offers both free and paid membership options.
You can try Wealthy Affiliate for free by signing up for the free starting membership here (no credit card required). You may choose to be a free member for an indefinite period of time.
As a starting member, you’ll get immediate access to the community, live chat, over 500 training courses, two classrooms, networking, comments, one free website, and the keyword tool. All of these benefits are available without cost.
So I highly urge you to create a free account and check it out for yourself.
Recommendation: This Is The Best Option
Related Tags
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