Most cryptocurrency companies know it, but it is illegal for a MLM company to do any kind of investing for it's affiliates. If the company is trading any kind of currency, run.
There are two main types of Crypto Currency MLMs being promoted:
CryptoCurrencies other than Bitcoin.
Bitcoin automated trading and/or training.
We have studied dozens of companies offering these two types of opportunities and the conclusions are abundantly clear.
If you want to put your money into something that has astronomically high odds of failing, that's fine. Just don't try to recruit other people into it. It's unethical to do so.
These companies are making their money through profits from the MLM, not from the cryptocurrency.
You would be better off to put your money into Fantasy Sports. Seriously.
You might say "they're adults, they can make their own choices". Our reply: The executives and leaders telling you that the cryptocurrency they're promoting has a chance of succeeding are lying to you.
They have not gotten any kind of okay from the government.
They only care about the money they can make from what you're paying them.
We don't want anything to do with this kind of "opportunity".
The training programs are usually okay, but you can find quality free training for bitcoin trading all over the internet. You would be better off studying and then putting your money into actual investments.
There are much better MLM opportunities that these. Check out some of them under the MLMs menu above.
The companies that are promoting automated trading are lying. Period. If there was an effective automated trading software it would be worth billions and not be sold through a MLM company.
This kind of software would sell for tens of thousands of dollars per user.
Ignore talk of "we want to help people. They are lying. again, they are lying to you!
We have checked out these software products and all of them are available for free when you set up a trading account at a reputable company.