If you’re searching for legitimate, internet-based, business opportunities, to invest in, you may be interested in learning more about Bitfinite. In my Bitfinite review, I will help you discover whether Bitfinite can live up to its claims or whether it’s just another online Ponzi scheme.
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The Bitfinite “Opportunity”
Strangely when you visit Bitfinite’s website, you won’t find a product or service page as Bitfinite doesn’t seem to sell any tangible or virtual goods or services. While most rival MLM style businesses promote financial courses aimed at online entrepreneurs, the only “product” which Bitfinite seems to sell is memberships to the official Bitfinite website.
In short, if you decide to join Bitfinite, your primary task will be to refer new members to Bitfinite, in order to increase your downline. As a Bitfinite member, the main way which you’ll make money is by receiving a small commission for referring new members to the Bitfinite program.
According to Bitfinite, you can also bring in revenue by purchasing BFC points, which you’ll temporarily lend back to Bitfinite, in order to earn a return on your investment.
The site claims that their innovative AI BOT trading software which focuses on buying and selling popular cryptocurrencies such as Bitcoin guarantees that investors will receive a competitive return on their investments. However, members aren’t given access to Bitfinite’s trading software and there is absolutely no guarantee that Bitfinites’ mysterious software even exists.
Purchasing BFC Points as a Bitfinite Member
Currently, each BFC point is priced between $0.75 and $1.15. As a Bitfitinite member, you can earn a 0.1% commission each day for a period of up to 240 days. As long as you invest $100 to $1,000. If you invest $1010 to $5,000, you should expect to receive a commission of 0.25% on your initial investment per day.
If you choose to invest $10,010 to $5,000, you’ll receive a commission of 0.40% on your BFC point investment, while if you are looking to invest a major amount of cash in excess of $50,010, you’ll receive a tidy profit of 0.45% for the next 90 days. However, if you choose to purchase BGC points, it will be at your own risk at Bitfinite has no legal obligation, to pay you the commission which they may have promised you, in order to get their hands on your cold, hard cash.
The Risks Associated with Investing Your Time and Energy in Bitfinite
1. The entrepreneur behind Bitfinite has chosen to stay anonymous
One of the risks of investing your time and energy into joining Bitfinitie is that its owner has chosen to remain anonymous. If you search for Bitfinite’s domain owner, you’ll find that an anonymous individual privately registered the Bitfinite domain on the 2nd of November, 2017.
Unfortunately, the bulk of the time that an individual creates an MLM business, which is privately listed, the individual in question may be involved in illegal, fraudulent activities. So if you can’t afford to invest money in a website, which hides key information, you may want to steer clear of Bitfinite.
2. Those who stand to benefit are primarily Bitfinite’s anonymous administration
Bitfinite claims that it’s child’s play for members to bring in a decent income by purchasing BFC points and by making a commission each time that they refer a new affiliate member. However, as Bitfinite is at its core an MLM style Ponzi scheme, the only individuals who are likely to get rich by being involved with Bitfinite are its anonymous owners and administration.
As Bitfinite will immediately use its member’s investment to pay off their own liabilities, so it’s highly unlikely that members will ever see a large payment from Bitfinite deposited into their accounts.
3. You have to invest a minimum of $100, to dip your toes in Bitfinite’s waters
In order to invest money as a Bitfinite affiliate, you’ll need to invest a minimum of $100, which is a risky move as there is no guarantee that you’ll see your deposit again.
3. You’re unlikely to earn a decent income, recruiting new members for your downline
The amount of money which you’ll earn as a commission for referring new members is relatively low and varies between 0.5% and 3%. So, you’re unlikely to make a decent income, by referring new members.
My Verdict on Bitfinite
So if you’re looking for a legitimate way to earn passive income and take control of your financial future, you’re unlucky to earn enough money to quit your day job as an affiliate member, even if Bitfinite is merely a Ponzi scheme, instead of a scam.