Welcome to my Yes My Bitcoin Review!
There has been some buzz about this company lately, so it’s time for another one of my reviews!
With so many new MLM companies out there, it can be hard to know which ones are legit and which ones aren’t.
My aim with this blog is to help you wade through all the rocks to find that diamond in the rough.
My review will give you all the information you need to make an informed decision.
I will cover the company, the products and the compensation plan.
Let’s get to it!
Yes My Bitcoin Review – The Company
The Yes My Bitcoin website does not provide any information about who owns or operates the company.
I did, however, find out that the Yes My Bitcoin website domain was registered privately as “yesmybitcoin.net” on the 5th of March, 2017.
Online traffic estimates show that France is the biggest source of traffic to the Yes My Bitcoin website.
This likely means that whoever is operating Yes My Bitcoin is probably based out of France.
Yes My Bitcoin Reviews – The Products
Yes My Bitcoin does not have any retail products or services to offer retail customers or affiliates.
Affiliates who sign up with Yes My Bitcoin simply market the affiliate membership.
The Yes My Bitcoin Compensation Plan
Affiliates who participate in the compensation plan invest between $10 to $10,000 for a promised daily ROI of up to 2%.
- Kickstart – Invest $10 and receive a 120% ROI
- Beginner – Invest $50 and receive a 125% ROI
- Standard – Invest $200 and receive a 130% ROI
- Intermediary – Invest $500 and receive a 145% ROI
- Professional – Invest $1000 and receive a 160% ROI
- Expert – Invest $5000 and receive a 180% ROI
- VIP – Invest $10,000 and receive a 200% ROI
There is also a 10% referral commission that is earned on funds that are invested by personally sponsored affiliates.
It should be noted that affiliates can only withdraw $1000 a day in earned commissions.
Yes My Bitcoin affiliates earn residual commissions through a binary compensation structure.
A binary compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
Level 1 of the binary team holds 2 positions and level 2 is made by adding another 2 positions under each of the first two, for a total of 4 positions.
Additional binary team levels are constructed as they are needed, and every new level holds twice as many positions as the level above it.
Binary team positions are filled by direct and indirect sponsorship of affiliates and there is currently no limit as to how deep the binary teams can grow.
Yes My Bitcoin counts up new investment volume on each side of the binary team at the end of every day.
Affiliates are paid 10% of the funds that are invested on the side with less volume.
If there is any leftover volume on the stronger side, it is carried over to the next day when the process repeats.
Cost To Join Yes My Bitcoin
The cost to join Yes My Bitcoin as an affiliate is free, but an affiliate is required to invest between $10 and $10,000 in order to take part in the attached compensation plan.
Verdict on Yes My Bitcoin
The biggest red flag here is the fact that this company has no real products or services to offer…
That means it won’t attract any retail customers that will offer repeat business…
So the only people joining this company are affiliates…
Who need to recruit more affiliates in order to earn income…
So what happens when the hype dies down and recruitment slows down?
Affiliates will start to see a decrease in their income and their interest in the company will diminish…
Which usually leads to a mass exodus and a collapse of the company…
So, if you do decide to join this company, do it at your own risk and keep that in mind…
I hope you enjoyed my Yes My Bitcoin review, and as always, if you have any questions please leave them in the comments below…
Attention Marketers And People Looking For A Business Online…
If you are struggling online and want to finally succeed with actual training, tools and mentorship to get you there…
You can’t afford to NOT watch to watch it because it will take your game to the next level…
Take a look at my recent results below….
Take a look at my students below…
If they can do it so can YOU.
You will thank me later 🙂
Follow me on Social media below:
Add Me On SnapChat:
Snap Chat I.D: MillDrive
See you at the top,
P.S. Sign up for my news letter below and transform your life (serious people only…)