This is a simple review of the cryptocurrency 20KBTC. You’re about to get a look into the company and currency and how it all works. The review will talk about the best and worst of the company. And this is going to be a review from someone who is not an active affiliate. Instead it will be from someone who is not a member in way shape or form.
As of now, there is a lot of clickbait into the company, with a lot of information that is not entirely accurate. But regardless of that, there are people who claim to be making a lot of Bitcoin with it. We will soon see how that works.
What Is 20KBTC?
Cryptocurrency is one of the largest fads in the world. And in 2017, it’s reported that “how to buy bitcoin” was the fifth largest searched for term. The second most searched was supposedly “what is bitcoin?”
The NEWS, papers and magazines all discussed the new cryptocurrency movement and it even receive attention from certain governments of the world. 20KBTC is a new system that has the main focus of helping the regular person get involved with the industry and teach correct ways of succeeding in it. The opportunity is massive right now, and not taking advantage of it would be a waist.
Education in the platform comes in the way of newsletters and video tutorials as well as live training via webinars as well as an active Facebook group.
How Does 20KBTC Work?
The people that decide to get involved with the company can purchase a one-year membership for $299 in Bitcoin, and at the same time they will become an active affiliate. Once this happens you can get a link and share it to start your journey with the binary 20KBTC compensation plan.
The way it works is that to get commissions, you just need to sell two memberships. One has to be on the right and the other on the left. And according to the company, you’ll make $100 of Bitcoin after that.
The comp plan works as follow:
“Once qualified, an IMD will earn $100 in bitcoin* on each membership sold by their minimum team’s combined effort, not to exceed $3,000* daily. All sales volume totals will hold and carry forward to the next day, less any sales volume already paid on. When an IMD is paid on 30 memberships* sold by their minimum team's combined effort in one day, their left and right team sales volume totals will be reset to zero for the next day.”
The goal is the help people earn bitcoin apparently. And to empower the normal person to thrive online. It’s all based on the compensation plan, but there isn’t a lot of insight as to how this is supposedly going to happen.
One of the biggest problems is that people think cryptocurrency is a fraud. But, there a lot of people making money who would argue otherwise. Bitcoin isn’t like other currencies, extremely volatile, and has the potential to help a lot of the people ready to take risks. That doesn’t mean though, that 20KBTC is the right company to invest into.
The coin is still in prelaunch, and the site looks very generic. Products have nothing substantial backing them and haven’t even been released yet. But, the new features are still being added. Each day brings different ideas, but it’s a work in progress with nothing to offer investors.
The thing is, Bitcoin started off low – people where skeptical and no one thought it was real. Now hundreds of companies are springing up wanting to take the same road. 20KBTC is attempting the same thing but has nothing to back what they are stating.
Action takers are always the ones who are the money makers. But, that doesn’t mean take action with every company you see. This company could come and go fast, and there will be people that make money with it, but never be a victim of the shiny ball syndrome. Instead, take calculated risks – understand the company you are investing in and is bringing you in as well.
People will promise you the best, and often time not deliver. It’s never a easy ride, with free money that takes no time, skill, money or work. The pipe dream of something for nothing is one of the biggest problems of the internet. If you want to make money with cryptocurrency, be ready to invest time and energy.
One of the problems with this company 20KBTC, is the fact that they focus primarily on the affiliate system, not on the solutions the company can offer to people in the industry of cryptocurrency.
This is more likely than not a scam, a type of company that will not help most of the people involved. There will be people that make money with it, but it will only be a small group of investors who are frequented to Ponzi schemes.
Instead of wasting your time, search for another company or cryptocurrency that at the very least is transparent about who is working on the team and where the company comes from.
A golden rule of working online, never invest into anonymous sources. Especially when the promise easy money like 20KBTC does. If you stick to that rule, you’ll fair far better than most of the people who attempt making online work their source of income.