CryptoGold Review – Good Opportunity Or Big Scam?

CryptoGold ReviewHave you been hearing a lot about CryptoGold lately?

There is a lot of hype happening for CryptoGold, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with CryptoGold in any way.

I have gathered all the pertinent facts about this opportunity in my CryptoGold Review so that you can know the full truth before signing up.

Is CryptoGold a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of CryptoGold.

Let’s get going!

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What Is CryptoGold Exactly?

On CryptoGold’s website, there’s absolutely no information in regards to who owns the company, where it’s being run out of, who makes up the exec team, etc.

In other words, there’s zero background data.

The domain name for CryptoGold’s website (krypto-gold.com) was first registered last year on July 29, 2016, the owner is listed as Michael Bauer, and there’a also an address provided that’s located in Cologne, Germany.

In addition to this main domain, CryptoGold also has another website (cryptogold.de) where someone by the name of Sascha Senft is listed as being the Director for the business. Additionally, this site also features an address in the form of a PO Box over in Dubai.

My guess is that CryptoGold is physically based out of Dubai and is simply using the Germany address for the namesake of it.

I did my best to find additional info on both Bauer and Senft, but likely due to language barriers, I was unable to do so.

CryptoGold Scam

What Will I Be Selling With CryptoGold?

Moving over to the product line, CryptoGold doesn’t have much to speak of at all.

Nothing is being sold or marketed to retail customers, and as such, affiliates are only able to seek out new potential affiliates that are interested in joining CryptoGold.

Setups like this pop up in the MLM world all the time, and more times than not, they end up being schemes or scams of some sort.

What Should I Know About The Compensation Plan For CryptoGold?

As an affiliate for CryptoGold, you’ll spend your time investing money into the company in order to get an ROI.

Investment levels range from $50, $100, and $500.

The daily ROI that you can earn is paid out in the form of bitcoin, and it changes on a day-to-day basis.

CryptoGold also offers referral commissions, and these get paid out to affiliates through investments made by other members in their downline.

Lastly, CryptoGold also pays out residual commissions.

A binary system is used here, and affiliates that invest a minimum of $500 can then earn money here as they recruit other people who also invest into CryptoGold.

Points are generated in the binary system whenever money is invested, and more points are generated as more money is invested.

All affiliates have a daily earning cap, but having a higher affiliate rank will allow that daily earning cap to increase.

What’s The Membership Fee For CryptoGold?

The affiliate membership for CryptoGold costs $79, and on top of that, you’ll also need to make a minimum investing of $50.

However, if you would like to truly max out your earning potential within the compensation plan, you’ll need to boost up that investment amount to $500 or more.

Is CryptoGold Really A Scam?

If you’re like me, you’ve been researching CryptoGold and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is CryptoGold a scam, or can you trust the company?

I would say CryptoGold isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For CryptoGold

According to CryptoGold, the company is able to generate so much income by investing into a mining pool of some sort.

Mining pools, like the one CryptoGold talks about, generate various forms of cryptocurrency and this then gets paid out to people that have shares in said pool.

There are pools like this that legitimately exist, but in the case of CryptoGold, there’s no proof that any of this is actually taking place.

On the CryptoGold website, you can find the following message:

“Where are the mining facilities?

For security reasons, we do not provide exact locations for the mining farms. Profitability is the most important factor.”

Plenty of mining pools share the location from which they operate out of, and in some cases, you can even visit these farms/pools after investing so much money.

As such, the fact that CryptoGold doesn’t want to disclose the location of its mining pool for security reasons is a bunch of bologna.

The only money that’s clearly making its way into CryptoGold is that of affiliate investments, and these funds are then being turned around to pay ROIs owed to other members.

Because of this, CryptoGold is nothing more than a Ponzi scheme.

Even worse, seeing as how CryptoGold lacks any retail goods or services, it also features elements of a pyramid scheme with commissions being based entirely on recruitment (save for the daily ROI).

What does all of this mean?

CryptoGold is asking you to invest as much as $500 into a company that you know hardly anything about that’s supposedly running a mining pool from a location that it wont’ share.

If you ask us, that sounds like a whole lot of malarky.

I sure hope you have found all the information in this CryptoGold Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with CryptoGold.

If you decided to move forward with CryptoGold, you’ll still need help marketing yourself.

My FREE training will help you with that.

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