Hi and welcome to my review of BTC Team Profits.
BTC Team Profits claims to be an extremely easy way to makes loads of money online but you cannot fall for every program online that makes claims like this. And if you are suspicious of this place then I highly suggest reading further. Why do I say this? Well because it is a scam and I’ll explain why.
BTC Team Profits Review
BTC Team Profits poses as a legitimate bitcoin investment opportunity but really this place is no more than a ponzi scheme disguised as such.
I see sites like this all the time. With the boom in the cryptocurrency industry there are tons of programs out there taking advantage of this, for example Bitty Cash & Bitcoins Wealth Network. Many of these programs are scams unfortunately so you have to watch out.
While some people will stand to profit from this opportunity most people will lose money. I’ll be going over why later.
How It Works
In order to join you will have to invest 0.001 BTC minimum. This will change in value with the market but its not much.
After investing in bitcoin you will then try to refer others to join in on this opportunity and invest bitcoin themselves. You will be able to earn from people recruited into this scheme down to 10 levels deep.
How it works is like this: The people you personally recruit in are your level 1, the people that they recruit in are your level 2, the people that level 2 recruits in are your level 3, and so on… all the way down to 10 levels deep.
And that is pretty much it. You will be able to make money by recruiting in other people below you and getting them to invest. Its as straightforward of a ponzi scheme as you will find on the internet these days.
Why This Will Not Work Out
Ponzi schemes like this never work out. They might in the beginning but they won’t last long. The reason is because they provide no real value and all their revenue comes from people buying in. So when the new members stop pouring in then the business collapses. There is no real product here.
And because of the pyramid-like shape that ponzi schemes have, the majority of people involved will be near the bottom and will lose money. Only the few at the top will actually gain from this.
You Can’t Trust This Place
As if what I already said isn’t bad enough, you also cannot trust this place at all. Why? Because their is no information on it. You don’t know anything about the site, who owns it, is there a company behind it, etc.
There is no background information that shows this place as being credible. Of course this is expected due to it being and illegal ponzi scheme and all, but I thought I’d mention it anyhow.
Conclusion on BTC Team Profits – Scam
BTC Team Profits is absolutely a scam. They tell you right on the website that they are not a ponzi scheme yet they offer no proof of this being the case. Everything that I see points to this being a ponzi and this means it is something that you should definitely avoid.
When it comes to making money online there are a lot more scams out there than legit opportunities that I can recommend. However…. gun to my head, what is the best program out there? This is it. I have been a member since 2015 and it took me from nothing at all to making a living online.
Questions or comments? Leave them below and I’ll get back to you ?