Instant Bitcoin Profits Review: Should You Trust InstantBitcoinProfits.com Crypto Scheme?
As the name suggests, Instant Bitcoin Profits is marketing itself as a platform through which you can quickly earn massive profits. InstandBitcoinProfits.com claims to be a multi-purpose crypto platform that is providing an efficient system for instant crypto mining and payments. In this article, you will get all the important information about this platform.
Overview of Instant Bitcoin Profits
Instant Bitcoin Profits is claiming to be a quick and reliable Bitcoin payment system. InstantBitcoinProfits.com mentions the following features of the platform:
- It emphasizes the fact that the company is operating 100% legally and make you highly successful in the crypto industry.
- The website also states that the company is not scamming the users. Instead, it is aiming to provide complete financial freedom to the members.
- Instant Bitcoins Profit claims to be a revolutionary platform because it is providing an automatic sign-up system, along with several payment options. It claims that all of the profits are automatically distributed between the members once they met certain criteria. Automatic payment ensures accurate and quick profit distribution.
Owner of Instant Bitcoin Profits
InstantBitcoinProfits.com does not give any information about the founder of the company. The website was privately created in January 2017. However, more research indicates that Rune Fjortoft is running the company. The Facebook profile of Fjortoft shows that he started promoting this platform on 28th January 2017, which is one day after the inception of the company. It has an official Facebook group as well.
The working history of Rune Fjortoft shows that he was previously running the Instant Cash Matrix. It was a pyramid scheme that collapsed in 2011. In 2013, Fjoroft was running Mobile Blog Pro. It was also an MLM company that survives for two years until its recruitment stopped. It shows that Fjoroft is has been running different kinds of pyramid schemes for almost a decade.
Joining Instant Bitcoin Profits
According to InstantBitcoinProfits.com, all you have to do is sign-up at the company and invest $10 in BTC for just one time. Once you have invested $10, the company claims that you will be set for life and won't have to spend a single penny after that. It is quite obvious that such the company is making such claims only to attract the users and make them invest in the company.
Instant Bitcoin Profits promises you a steady flow of Bitcoin revenue on just a single investment of $10. You should not take such claims very seriously. In fact, the entire website of the company is full of such tall claims that are very difficult to believe.
The website mentions the following four steps to join the company:
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- Register at InstantBitcoinProfits.com and invest $10 BTC.
- The company claims that the payment is automatically split between the member who recruited you and the administration. It even mentions the role of the admin I,e, to manage the entire website and investments. However, the site does not provide any name.
- The crypto platform promises to create a website for you from your investment. The name of the website will be similar to your username with which you created the profile.
- Finally, after website creation, you will be assigned a particular position in an affiliate team.
What is New in Instant Bitcoin Profits?
InstantBitcoinProfits.com is enticing the users to invest in the company by claiming to be a first of its kind crypto platform with automatic sign-up and payment. The automatic splitting of the profits is touted as the crypto industry's latest feature introduced by this platform. However, the website keeps repeating the same marketing points again and again. It is evident that the company does not have many things to convince the users about its legitimacy. As a result, it is reiterating the same features again and again to attract investment.
Instant Bitcoin Profits is trying its best to seem like a revolutionary platform. However, you should understand the fact that behind its clever marketing and claims of automated systems, it is just another crypto company that is surviving by recruiting more and more members. Lack of recruitment will result in its total collapse. Instead of investing your money in this pyramid company, you should consider spending the money in crypto mining companies. Such companies have modern infrastructure that allow you to mine your own crypto coins and earn maximum profits in the crypto industry.
Income Structure
InstantBitcoinProfits.com promises bonuses and compensation through its ten-level income plan. The members have to keep recruiting new affiliates to earn considerable profits. A traditional uni-level model is used. An affiliate is at the top of the team. Hiring more members will promote the affiliate of level 1 to level 2 and so on.
The joining fee is equally split between the affiliates. The company does not disclose the procedure though it splits the fee. However, it simply mentions a state-of-the-art automatic system is utilized for this purpose.
Without any external source of revenue, it is certain that the company will collapse just like the previous ventures of its owner, Rune Fjortoft. Instant Bitcoin Profits is acting as a crypto pyramid scheme that will eventually collapse due to a lack of recruitment and the absence of any external source of profits.
Analyzing the overall compensation structure makes it very clear that this company has a very limited number of actual income opportunities. The only way to generate any kind of profits is by recruiting more members. However, it is a very suspicious company, and most of the members are bound to find it difficult to convince people to join the platform.
Conclusion
The fact that Instant Bitcoin Profits is a pyramid scheme cannot be denied. However, the company does not market itself like a pyramid scheme. Instead, it is trying to seem like a sophisticated platform that will revolutionize the crypto industry. Such claims are only made to attract more investment.
You also have to remember the fact the founder of InstantBitcoinProfits.com is Rune Fjortoft. He has been involved with a number of failed pyramid schemes. It is a clear indication that the ultimate fate of this new company is also going to be total collapse.
Moreover, the overall structure of the company is unimpressive. Despite the claims that automatic payment will enhance accuracy, the truth is that the only way to earn income from Instant Bitcoin Profits is by recruiting more members. This sort of limited compensation structure is not favorable at all.
The owner and management team of the company will enjoying most of the profits. On the other hand, the members will have to suffer financial losses when the company shuts down. Therefore, the answer to our primary question is that you should not trust InstandBitcoinProfits.com with your hard-earned money.
Instant Bitcoin Profits is similar to many other platforms that make tall claims to attract investment. In the end, most of the companies, including this one, are not able to fulfill their promises. Therefore, do not invest in this crypto pyramid scheme. Instead, you should invest your money in crypto mining companies. You can mine your own crypto coins with such companies. Furthermore, they have a reliable customer system to help you make a good amount of profits. They also offer flexible account plans that allow you to make profits in the crypto industry with limited investment.Â