BitGlare Review – Good Opportunity Or Big Scam?

BitGlare ReviewHas someone tried to pitch you the BitGlare opportunity lately?

BitGlare is a really popular and new opportunity that is making it’s rounds on social media among network marketers.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my BitGlare review so you can learn the full truth about it!

Is BitGlare a scam?

Can you make an honest business with BitGlare?

Let me show you in my review of BitGlare.

Read on for all the details.

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BitGlare – What Is It??

On the BitGlare website, you won’t find any information about who’s running the company, where it’s based out of, or anything along these lines.

There is a bit of copy on the site that claims BitGlare was “found in Oct 2016 by a group of experts in volatility trading software”, but this is in contrast with the fact that the domain for the site was just registered on November 30, 2017.

The domain registration was done privately, and this means there’s no way of knowing where it took place or who the owner is.

This is just about all the info that’s available, making BitGlare awfully faceless. This is something I come across quite often in the MLM space, and it’s never a good sign.

BitGlare Scam

The Product Line For BitGlare

Looking at its product line, BitGlare really doesn’t have much of anything to offer.

No goods or services are being marketed or sold to retail customers, and this means it’s impossible for any retail sales activity to take place.

The one and only thing that affiliates can market is the affiliate membership itself, and the one draw to this is the income opportunity that’s attached to it.

What Should I Know About The Compensation Plan?

Talking about the income opportunity, those that choose to join BitGlare are required to invest real money into BGC points. These points are sold by the owners of BitGlare, and they range in price between 20 cents and $1.50 per one coin.

After affiliates get these coins, they then lend them back to BitGlare to earn a daily ROI that’s offered.

The amount that you earn is based on how much you choose to invest, and the numerous investment levels work out as follows:

  • Affiliates invest $100 to $1000 to earn a daily ROI + 0.05% bonus for 149 days
  • Affiliates invest $1010 to $5000 to earn a daily ROI + 0.1% bonus for 129 days
  • Affiliates invest $5010 to $10,000 to earn a daily ROI + 0.2% bonus for 109 days
  • Affiliates invest $10,010 to $50,000 to earn a daily ROI + 0.3% bonus for 89 days
  • Affiliates invest $50,010 to $100,000 to earn a daily ROI + 0.4% bonus for 69 days
  • Affiliates invest $100,010 or more to earn a daily ROI + 0.5% bonus for 49 days

Along with this, members can also earn referral commissions.

BitGlare pays referral commissions using a unilevel system, and this allows members to earn on an infinite number of downline recruitment.

How Do I Join BitGlare?

If you would like to join BitGlare as an affiliate, you can initially do so for free. However, doing so will limit you to earning on only referral commissions.

In order to earn both referral commissions and the daily ROI, you’ll need to make an investment of $100 or more.

Is BitGlare Really A Scam?

Have you been hearing that BitGlare is a scam?

Have you heard BitGlare is legit?

It can be hard to tell with so many different people telling you different things.

So, what’s the truth – is BitGlare a scam or is it a good business?

I would say it’s not really a scam. There are a few things you should be aware of before joining.

The best way to be successful is to be prepared going in, and have a plan to market yourself.

If you want help marketing and making money, see below.

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Conclusion for BitGlare

According to the BitGlare website, the company generates funds for the offered ROI through its “latest volatility trading software 3.2 which has proven to be a huge achievement after months of test run.”

This might sound fine and dandy on the surface, but the fact of the matter is that there’s no proof this software actually exists.

In fact, the only money evidently making its way into BitGlare is that of affiliate investments.

Because of this, newly invested fund are used to pay ROIs to existing members – resulting in BitGlare being a Ponzi scheme.

Once investment activity dies down, BitGlare will be no more. Most people will end up losing out, the anonymous admin(s) will make off with the majority of what’s invested, and that’ll be the end of it.

This is a story that’s happened a hundred times before, and it always results in affiliates losing money. Be smart and stay away from this one.

I hope you got all the details you needed to make an informed decision in this BitGlare Review.

Bears of anyone trying to sell you something in their review articles.

If you do want to proceed with BitGlare, make sure you know how to market properly.

My FREE training below will help you.

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