A bitcoin doubler program is a company that promises to double your investment in X days, such as 30, 60, or 90 days. Other go beyond that and offer to triple your investment, or even better. With bank interest rates paying under 1% interest, people are desparate, and often jump into these programs.
The typical barrier is that you have to join with BitCoin. These companies aren’t going to take credit cards, since you can always call your credit card company and likely get the charge reversed. Companies that take credit cards often hae to keep high reserves, and pay high credit card fees, especially for business opportunities and non-physical products. With BitCoin, once a transaction is made, it is final. The companies transfer profits back to your BitCoin wallet, either when you get your payout, or when you earn in compensation plan (typically a “binary”).
In a binary compensation plan, often the upline build deep down one leg, and then you have to fill in your other leg (this is often referred to as the strong and week legs).
Most typical investors think of the bank analogy; you put money in, then you it grows, then you take it own. They are as likely to participate in BitCoin mining, for example. Mining involves either setting up expensive servers, or buying a mining contract on a cloud platform.
Our team has put together a self-replicating site called BitCoinsWealth. Are upline as done their due diligence, and they have selected JetCoins as a valid replacement for Gladiacoin. This club includes at least two safe BitCoin Doubler programs.
Once you join, you get a referral link. BitCoinsWealth is not a business in itself, it’s a portal to several BitCoin businesses. It also can be used as a lead capture page for you, and it integrates with your GetResponse and AWeber. If a person isn’t interested in one BitCoin opportunity, he might be interested in another. Why limit your prospect to just one option?
Some are opposed to the doubler programs, or anything high risk. But they might like ICoinPro which is an educational program. It can be purchased with credit card, and thus avoid the barriers that many noobs (newbies) have in setting up their BitCoin Wallets and obtaining their first BitCoins.
Check out BitCoinsWealth.
if Bitcoin Doubler programs are not for you, then check out how I made 29% my first two weeks with 1Broker. See the link on the right of the page.
The alternative is to trade yourself. I’ve seen people on 1Broker making 150-300% per month, and even more. What’s cool about that site, is that it’s a pure trading site. It’s not an MLM, there is no binary compensation plan. If you are not a day trader, you can simply choose to copy the succesful traders, i.e. do what they do. You can click a button to follow a someone, and then provide how much to invest. I typically set this at 5% of my investment. Since I put in 1/2 a BitCoin, I limit each trade to .05 BitCoin. Most of the trades are in and out in under a couple of hours.
Earlier this year, I heard about an online business called Gladiacoin. I was very hesitant about it, and decided to pass, even though I knew some people were making a lot of money with it. I was afraid that would ultimately be another Ponzi scheme.
It’s really impossible to know if something is a Ponzi scheme or not. Many people bought into Enron and Bernie Madoff’s investments. As long as stocks are going up and new people are investing, it’s easy to post big payouts. But once a lot of people start to withdraw, the house of cards can tumbling down. So as long as BitCoin itself is going up 2x to 5x per year, I don’t think you can lose with these types of companies. The people that get in early will almost always making a killing, but what about the people that get in last? Will they get left holding the bag?
But since I heard about Gladiacon (it’s not called Gladiator-Coin) a few months ago, other similar businesses have sprung up with the exact same model. I can no longer think that they are all Ponzi schemes. Based on the trust of people I respect and have worked with in the past, I decided to join JetCoin. The way these business work is that they have developed expert trading systems and/or hired expert day traders who trade BitCoin. They typically double your investment every 90 days or so. This is due to the high volatility of the cryptocurrencies. Each day, the prices zig-zag or see-saw back and forth several times. By placing safe trades for about 2 to 5% of your investment, cutting the losses short, and letting the profit run, they are apparently able to achieve such high returns.
Of course, there is no guarantee in any online business. So only invest one-half, one or two BitCoins at first. Do not put in your whole retirement nest egg. Investing $1000 is currently about 1/3 of a BitCoin, since BitCoin was about $2900 USD the first week of June, 2017.
So basically, you loan your BitCoin to them, and they trade it. They make money, pass it on to you, and in addition, they payout based on the MLM (Multi-Level Marketing) binary compensation plan. The amount you get paid on the Matrix is based on how much BitCoin you put in, typically from a fraction, such as .1 BitCoin on upto 8 or 10 BitCoins.
I decided to go with JetCoin. Our upline has been succeeding in multiple online businesses for 5 or 10 years. I met Darren Little at a Prosperity Mastermind in South Beach Florida about 4 years ago, and I’ve been following him sense then. He works with Ari Macabi, who seems to be an American working from home in the Philppines. When you have an online business, you can live and work from anywhere in the world, as long as you have a laptop and a good internet connection.
Darren and Air provide leads pages, capture pages, and training to teach us how to build our business better. That’s the value-added bonuses with working with these seasoned professionals.
There are two types of people that will get started:
Click here to see a BitCoin price chart.
If you are one of those people that don’t want to join up with any network marketing company, then you may still be able to get some of the same profits. You just open your own self directed account for daytrading BitCoin at 1Broker.com. I actually made 29% in my first two weeks. The above programs talk about doubling your BitCoin in 3 or 4 months. If you get 29% R.O.I. like I did, that means it will double in more like 2 months. You don’t even have to understand day trading. Just find the popular traders, and then follow them. 1Broker will place trades for you based on what the best and popular traders are doing (when you “follow them”). I’ve seen some traders actually getting 200 to 300% return per month. You set your limit when you follow someone. This should typically only be about 2 to 5% of the amount you put it. Otherwise, a small string of bad trades could wipe out your account. There will be swings, some days with loss, and other with profits. If you are scared, don’t even check in every day, just every 3 days or so.