Many websites are slowly coming up that promise you to earn a return on your investment and also allow you to earn through affiliate and referral systems.
A few of these websites also leverage the use of MLM (Multi-Level Marketing) Strategies. My Crypto Consult is one such website. However, unlike other websites, My Crypto Consult deals in cryptocurrency.
This makes the website and the earning opportunity all the more interesting from the point of view of the customers but the real question that arises is if this opportunity is worth it and if you can actually make any money from it.
If you are interested in this online opportunity then I would request you to read the complete review before you invest your time and energy into this opportunity.
Table of Contents
What Is My Crypto Consult?
As the name suggests, My Crypto Consult is an MLM website based on cryptocurrencies. The website deals in GLAM utility token that is said to have a maximum supply of 250 trillion.
The website offers an initial opportunity to earn these GLAM tokens either through investing or through MLM affiliate channels.
The website also features a calculator that allows the user to calculate and predict the amount of GLAM Tokens and its value in U.S. Dollars that the users can make.
The website offers 4 different packages to choose from. A user can register on the website and select among these packages to get started.
My Crypto Consult offers two very different opportunities to make money on this website – either through investing in GLAM tokens and wait for the value to grow or by referring others to the platform and earning GLAM Tokens in return.
How Does It Work?
To get started, users are required to create an account on the website first. To sign up, they are required to select and pay for one of the four packages mentioned on their website.
You are also required to use some referral link to join. The program is currently running on an invite-only system, and thus you need an invite to get started.
In order to make money on the website, you have two very broad options. You can either earn through their Return On Investment System or through the affiliate marketing channels.
In order to get started with their ROI system, you are required to invest a minimum of 1,000 GLAM tokens. The Return Rate is not fixed but depends on the amount invested and the time period for which it has been invested.
If you wish to earn through the affiliate network, here is a breakdown of the different tiers, and the earning potential for the same –
1. The QuickStarter Pack – Gives you access to up to 44,000 GLAM Tokens.
2. The Leverage Pack – Gives you access to up to 6.5 Million GLAM Tokens.
3. The 7 Pay Max All In One Pack – Gives you access to up to 22 Million GLAM Tokens.
4. The VIP and Elite Pack – Gives you access to up to 7.5 Billion GLAM Tokens.
Pros
1. The website is well designed and also features a mobile-friendly dashboard.
2. The value of GLAM token has been rising over the past few months.
3. The website offers four very different packages, ensuring flexibility in its MLM affiliate marketing system.
4. You can also earn from the website through its Return On Investment System.
5. The calculator featured on the website gives you a clear picture of the total amount that you would be earning.
Cons
1. In order to start investing, there is a minimum amount that is required to be invested (1,000 GLAM Tokens).
2. The platform currently is on an invite-only phase. You cannot sign up on the website if you wish to. You need to be referred by someone else.
3. The Rate Of Return is quite less when compared to the competition.
Would I recommend this website to anyone?
The return on investment scheme is a complete scam. I’m sure about it and I don’t even have to doubt that.
You can avoid it completely as there are so many similar MLM programs that promise you something on similar lines but in the end, they stop responding to you when you want to withdraw your money.
You can try to recruit people to the membership but again they are not providing any value in exchange for the membership money that you are asking them to pay.
Instead, it is like a chain where they would again promote this membership to someone else to make money.
The only person that is getting rich here is the owner behind all of this and there are plenty of red flags for me to say that I would never recommend you to invest your money or your time into this.
If you want to make a full-time income online then there are so many other ways that you could make money and I would be sharing my strategies towards the end of the post so keep reading.
Conclusion
Crypto Consult like any other MLM is a waste of time and energy. You are just going to lose your money if you try and invest in this system.
If you really want to make money online then it would be better if you invested in the right training and skills that help you make a full-time income online.
MLM’s can look pretty tempting as they make everything seem so easy. They make it look like you can easily make money online and with all the high ticket products that they sell, you end up spending more than you might earn.
If you learn the right way to make money online, you would need to be consistent and work hard. Having an online business is just like any other job, you need to learn and implement.
I started my journey with affiliate marketing and I must say it is pretty interesting. It is a legit way to make money online where I make niche websites that earn thousands of dollars per month.
When I started out online, I luckily had low funds so I wanted a course that was legit and something that would help me make a full-time income online.
Wealthy Affiliate is the course that I went through when I started out and I use it even today. You can get started for FREE with this website as they have a trial membership.
If you go premium in the first month then you can get the membership for $19/month which is a nice introductory offer as you are spending less than a dollar to check out the entire training, the benefits and if it is the right place for you or not.
==> Get Started for FREE Today
Apart from the training, you can ask me questions personally through PMs and I would reply to all your questions within 24 hours. You would get my expertise in choosing a niche and how you can make money from your website quickly.
If you have any more questions leave them in the comments below and I would be happy to help!
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