You looking for online jobs or work-from-home opportunities to supplement your income these days. That is the reason you are searching for the best ways to earn money through the internet, and you need you need facts about this platform.
You obviously landed in this valuable source of information as the result of your search, and you are hoping your need for guidance will be satisfied.
After all, reading a lot of articles and reviews about the topic is necessary before embarking on the journey to join interesting online platforms.
You’re in the right time and place because I’m going to share with you a review of the program and hopefully will guide you in making an educated decision.
BTC 1 Up Review
What is BTC1Up com?
The platform has sparked interest among those online users who want to know more about the virtual currency Bitcoin.
This platform is claiming that they have a system to make money from Bitcoin without the risk is the Bitcoin bubble should burst.
How Does it Work?
This review is prepared for your guidance so that you will have first-hand information about the system. It may be possible for you to earn cash through the system but it is not something that you should rely on making a full-time income.
Let us dig deeper to know more about the system. The marketing strategy of the platform has something to do with advertisement wherein you will make money leveraging the attractiveness of Bitcoin.
However, there is suspicion in this marketing strategy because of the numerous scams relating to Bitcoins. No wonder you have to be very careful when you will come across with the said virtual currency business.
Although this is confusing for you up to this point, don’t hesitate to read more about the platform to get the valuable information.
The Red Flags
- No Product
There is no product associated with this platform and they are not in the advertising business.
- No Business With Bitcoins
They have nothing to do with Bitcoins, and they are just using it to hype up their marketing strategy. They just use the popularity of Bitcoins as bait so people will join.
- A Recruiting Scheme
Mostly, the platform is just the same with other programs wherein you will need to invite other people to join so that you will earn a commission.
Simply put, you will earn money every time you have recruited a person to join the program or the business. There are things that you should consider before joining the program or before you can start earning through the recruitment strategy.
The focus of the program is recruitment only, and there is no tangible product to sell to other people. It is very hard to have consistent income, in this case, knowing the intricacies of the recruitment business.
In other words, you will inform your friends to join the program. If you have already invited all your friends, you will eventually invite strangers by applying the marketing techniques.
In that sense, the work is getting harder every day because many people are already aware of the intricacies of recruitment.
- A Cash Gifting Scheme
They operate by using the cash gifting method wherein the member give their membership fee and succeeding commissions to their upline.
BTC 1 Up Review
First, it is not free to join the system because you need to pay money in the amount of $50 as a membership fee. So if you are looking for a free system to earn money online, this is not the platform that you’re looking for.
After paying the membership fee, the primary goal of each member is to recruit other people to join and earn $50 from them.
You also have to pay the home traffic rotator fee which is $25.
Can you Make Money on this Platform?
They claim you can use this as an advertising platform to earn more money. You will be able to advertise any product or service that you want so you’ll have more opportunities to accumulate earnings.
Since the focus is recruiting people, there is training prepared for new members so that they will be successful in the business.
From the recruitment to the advertising business, the question now lies on the possibility to earn money through the platform.
Based on research, it is tough to earn money through this kind of platform in the online world. Personally, I’ve seen systems like this, and there are no pieces of evidence that members earn money through the program.
When it comes to advertising, it is really hard to attract the members because people have different interests in life. The market is so limited and the possibility of getting buyers and supporters is really slim for you.
Your biggest hope in earning money through the platform is recruitment. Meaning, the advertising business is just a guise and not the focus of the creators of the business in the first place as they are not involved in the advertisement business.
The Commission Structure
Now, we will dig up the details of the compensation plan. The commission is designed as one up meaning you, as with all your recruits, will pass up their second sale to the person above you.
If you have recruited the first person, you will earn from that new member. However, if you recruited the second person, then the commission will be passed up to the person who recruited you or the person above you.
After all of these processes, you will keep all of your sales. So what are the obvious problems with knowing all of these systems?
The primary problem is the difficulty of earning money in this scheme because recruitment is not a profitable business nowadays.
Many people are already aware of the difficulty to convince new members to join knowing that there is no product involved in the platform.
If you pay a membership fee of $50 to join the platform, it will be hard for you to get back the said amount and earn profits.
Are you going to risk losing money as a new member? For a wise individual, it is not worthwhile to try joining the system.
Also, the advertising scheme is a waste of time, efforts, and money. Aside from the possibility of spamming your recruits, they’ll feel bad about you who continuously disturb them by sharing them other advertising campaigns.
Is BTC 1 UP a Scam?
I will not consider this platform as a scam. However, it is not a remarkable opportunity to earn money online, and people should avoid it at all cost.
For those who are experts in recruiting people and sharing advertising offers, this is a perfect opportunity. But only a few individuals can do it, and the rest will fall as victims of this kind of online business.
Apparently, the program provides little value, and it will be a hindrance for you to succeed in the online world.
The proper way to make money online is to stop chasing the shiny objects. It will very easy for people to scam you if you have that mindset. We all want to make money online, but it should be done correctly.
Some set of skills and some amount of work are required. I am doing this business full-time now, but I will not say it is easy. That being said, it is far easier than working on a 9-5.
Then you have to add to that the freedom you have when doing online business. Remember, when trying to make money online, do not look for online jobs but look at how you can start your online business.
If you have that mindset now, then you are already on your first step to be an online entrepreneur. Allow me to introduce to you the business model called affiliate marketing.
Real affiliate marketing, not like those scams running Done for you sales funnels, require a website. It is the first requirement for an online business.
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