9

Is Zcash Worth Mining and Investing? Read My Honest Review!

I noticed that hundreds of people are asking questions about this cryptocurrency on Google, “Is Zcash worth mining? Is Zcash a good investment? What is Zcash all about?”

Therefore, I decided to write this article to answer your questions. I believe you’ll find my Zcash review helpful and valuable. If you have any questions and comments after reading my article, you can always leave a comment below and I’ll be more than happy to help you out.

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Is Zcash Mining Profitable? What About Investing? – Video Review

Before you dive into my full Zcash review below I want to give you an opportunity to have a look at my Zcash video. Then you can read more details below after watching the video.

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Zcash Review

Name: Zcash

Launched: 2016

Type: Cryptocurrency

Short Review: Zcash falls into the “same category” with Monero and other privacy-focused cryptocurrencies. If you think that they have a good future, investing in Zcash is a reasonable option. Mining Zcash is more profitable than mining many other coins but I still think it’s not worth my/your time. In my opinion, there are better ways to make money online than mining cryptocurrencies.

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What Is Zcash?

Zcash is a decentralized open-source cryptocurrency just like pretty much all of them. However, it puts a higher emphasis on privacy than Bitcoin, for example. It means that in transactions the sender, recipient and value are hidden on blockchain. Zcash is often compared to another privacy- and security-focused cryptocurrency called Monero.

Zcash transactions are extremely fast and sometimes it has taken only around 6 milliseconds to verify a transaction. In that sense Zcash can be compared to Dash which is also famous for almost immediate transactions.

Benefits of Zcash – And Some Controversy Around It

Zcash has several obvious benefits compared to many smaller and unknown coins. They show their team transparently and openly. Many people are saying that the team behind Zcash is full of “cryptocurrency experts” who have a long background in the industry.

Of course, nobody yet has a huge experience because these technologies are relatively new but there is still a great difference whether founders have 1 or 7 years with cryptocurrencies. We can confidently say that Zcash is far from dishonest coins like BitConnect, for example.

Fast transactions and high security/privacy can also be seen as great benefits. Usually, everyone wants to keep their money safe so other people can’t see the transactions. But it has also some drawbacks.

Some regulators aren’t so happy about completely private coins because it opens new opportunities for criminals. When transactions are completely hidden and untraceable regulators can’t see if criminals are moving money from one to another. It can also help some people to avoid taxes. This can affect negatively to the value of Zcash if regulators decide to make some rules against completely private cryptocurrencies.

There has been also some controversy around Zcash just before its launch. Around 10 percent of all coins were mined within a short period of time so founders got their own big part of the cake. The price of Zcash was also pretty high right after the launch but it dropped quickly close to 0. It started a steady rise in the Spring of 2017 like many other coins and the value exceeded momentarily $1 billion before the end of 2017.

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Is Zcash Worth Mining?

Yesterday we talked about Vertcoin and said it’s one of the most profitable coins for mining. Still, we came into a conclusion that mining Vertcoin isn’t most likely worth it because there are many more profitable ways to earn money online.

As I mentioned in my Vertcoin review, mining cryptocurrencies won’t make you rich. That applies also to mining Zcash. Yes, you can earn some money with mining but not very much. People have been able to earn around $10 by mining Zcash but I think the rates are even going down.

Mining cryptocurrencies is mostly passive income which means that you don’t need to work but money still keeps on coming in. Still, you need to have a computer, pay for the electricity, check that the computer is mining and so on. It doesn’t make much effort but if the reward is less than $10 per day I don’t think it’s worth it. That’s why I don’t do it myself.

I would love to hear your opinions in the comments below this article. Do you have some experience of mining different crytpocoins?

Is Zcash Worth Buying?

Now when I am writing this, we are coming to the end of the year 2017. The market cap of Zcash is almost $1 billion.

When the price has grown from less than $40 to more than $300 in under a year, many people are wondering whether the coin is still worth buying or not. Actually, the same phenomenon has happened to almost all cryptocurrencies.

Pretty much all cryptocurrencies started rapidly rising in the Spring of 2017. The prices doubled, tripled and quadrupled. Some prices went from 1 to 50 within a few months. That was insane. It was probably the first time when a big audience and masses started hearing about these new technologies.

Now the popularity of the blockchain technology and cryptocurrencies is growing even more and I believe that the price of Bitcoin will pass $50,000 during 2018. Then the question is, “What will happen to Zcash?”

My prediction is that the value of Zcash will keep on going up also in 2018. They have a potential coin and an experienced team of developers so I don’t see any reason why it wouldn’t rise. However, I am not yet 100% convinced about the long term value of Zcash.

Conclusion – Is Zcash a Good Investment?

If you like Monero and you are investing money into it, Zcash would be a natural choice for investment as well. They work with very similar principles and if the value of Monero goes up, I believe that the value of of Zcash will go up.

Investing in Zcash or in Monero is, of course, riskier than allocating your money into the stock market but it can also give much higher rewards in the future. Blockchain technology and cryptocurrencies, in general, gave a potential of changing the world. Nobody knows what will be the situation after 5, 10, 20 or even 50 years. Will fiat currencies (dollar, euro, yen, etc.) be replaced by cryptocurrencies? Will banks start going down little by little?

At the moment the future of cryptos looks bright and many people are saying that this is going to be another revolutionary thing after mobile phones and the Internet. As you may remember, there was also a dot com bubble in the beginning of 21st century and prices were extremely volatile in the stock market. Now we are seeing somehow similar phenomenon with cryptocurrencies. Prices can go up or down even 20% in a single day. Recently we saw that the price of IOTA quadrupled in less than a week.

So, anything can happen and I want that you make your research and homework before putting lots of money in. I have a significant amount of my capital in different cryptocurrencies and I’m pretty convinced they are going to make me good money. I believe that some coins will drop “from the race” and it’s a bit challenging to say which one are going to be winners in the long run. I would love to hear your opinion.

Anyway, before we wrap up I would like to offer you another opportunity for making money online. This training has turned thousands of complete newbies into full-time online entrepreneurs all over the world. I am not talking about any get-rich-scheme but a step-by-step online business training. Read more by clicking the link below. I have used it myself for more than 2 years and I’m so glad I found it.

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What do you think about Zcash?

Is it worth buying or not?

How Much the value will be in the future?

Let’s discuss in the comments below! 🙂

(Disclaimer: All thoughts on this article are my personal opinions, not official investment advice.)

9

Is Vertcoin Worth Investing? Is Vertcoin Mining Profitable?

Is Vertcoin Worth investing? What is the coin all about? Is Vertcoin mining profitable? When is the right time to buy?

If you are looking for answers to any of these questions, you have landed on the right page. In this article, I am going to tell you about one of the oldest cryptocurrencies called Vertcoin. I am sure you’ll find my Vertcoin review informative and valuable.

Vertcoin Review

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Name: Vertcoin

Launched: 2014

Type: Cryptocurrency

Short Review: Vertcoin is a pretty similar cryptocurrency compared to Bitcoin and Litecoin. However, they are trying to make some improvements compared to them. It uses Next-gen ASIC resistance and was the first crypto that implemented stealth addresses. Vertcoin mining is also more profitable for an individual user than mining Bitcoins which has made it interesting for some individuals.

As always, I have to say that investing in cryptocurrencies involves some risk but also a great potential. Vertcoin is a potential crypto that can make great of the time course. On the other hand, some people say it’s unlikely that Vertcoin would beat Litecoin or Bitcoin.

If you are looking for a proven way to make money online, I recommend taking a look at this step-by-step online business training.

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Is Vertcoin Worth Buying? – Video Review

Before you start reading my full article I want to give you an opportunity to take a look at the Vertcoin video that I have created for you. In the video, it’s also possible to show and discuss the things that aren’t so easy in the text format. Enjoy! 🙂

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What Is Vertcoin?

Vertcoin was released on January 8, 2014, and it’s one of the oldest peer-to-peer cryptocurrencies. It works in a similar way like Bitcoin (and Litecoin) but they have added a few additional features including stealth addresses and ASIC resistant Proof-of-work (PoW) function.

They want to underline and emphasize that Vertcoin is decentralized cryptocurrency that large banks or other organizations don’t own. It doesn’t have only one algorithm for mining but five that are united. In practice, it makes it possible for an average individual to mine Vertcoin much more easily than Bitcoin, for example.

With Bitcoins, it requires much larger resources to mine coins. That has lead to a situation where an average individual doesn’t have good resources for mining. Some companies or groups have bought even warehouses where they mine Bitcoin. That’s fine but if only a small group makes all the mining, the idea of decentralization may fail. That is not going to happen in the near future but Vertcoin technology enables mining also for people who don’t have many resources.

Right after its launch, the price of Vertcoin was high but they dropped pretty fast. The market cap of Vertcoin went from over $6 million to less than $100,00 in a few months. Some people thought that this cryptocurrency is dead and won’t rise again. However, in the Spring of 2017 it started growing again and by the end of 2017, the market cap had risen to more than $400 million. People had to admit that Vertcoin must be taken seriously.

Benefits of Vertcoin

First of all, I need to mention that Vertcoin is a cryptocurrency with a real potential unlike Ponzi schemes such as Bitconnect. The team behind Vertcoin wants to make everything transparent and open. That naturally builds and makes it

They have, of course, many other benefits but I want to raise two of them now. If you are interested in reading more, you can always take a look at their official website.

• Lightning network

Bitcoin is often criticized for slow transactions. Sometimes people have reported that it took even an hour to make a payment with Bitcoin. Even though this is a short time if we compare to banks, it’s still a long time in the world of cryptocurrencies. Vertcoin implements a lightning network technology that could enable a huge scalability and immediate transactions.

• Active community

Vertcoin has one of the most active communities in the cryptocurrency world. You can discuss with the community members on Facebook, Twitter, Discord, and Reddit. Some people say that having a community doesn’t add so much value but I disagree. Having an active community has several benefits if you are considering in some cryptocurrencies. It means that many people already see potential in the coin and are interested in using it in the future.

In the end, it doesn’t help even if the technology of cryptocurrency would be good if there isn’t a community using it. Vertcoin is a much better investment option than some unknown coins that have little or almost no community at all.

Is Vertcoin Mining Profitable?

If you have taken a look at the official Vertcoin website, you have probably seen the following statement:

“Mining should be fair & easy! “

You don’t need large warehouses or ultra-fast computers for mining Vertcoin. It’s possible to mine it also with a normal computer. Basically, you just need to get a Vertcoin wallet and download the mining software to your computer. They call it a “1-click mining” because it’s made so easy that you can almost mine with a single click. You can take a look at the picture below how their mining software looks like.

First of all, I want to say that mining Vertcoin or any other cryptocurrencies just with one or a few computers won’t make you rich. Yes, you can earn some money but it’s not anything very significant unless you have several computers running at the same time. Even though it’s easier to mine Vertcoin than Bitcoin it doesn’t mean that it would be a gold mine! 😉

A good thing with mining is that it can run in the background of your computer while you are doing something else or while you are not on your computer. In the other words, you are earning passive income which is a great thing. You can choose pools that you want to mine. Once the software has finished with one of them, it will automatically move to the next one.

That being said I need to admit that mining Vertcoin or any other cryptocurrency isn’t 100% passive income. You still need to download a software, learn to use it, select pools for mining, maintain your computer, etc. Most of those activities don’t take so much time but there are more profitable ways for making money online than crypto mining, in my opinion. Have a look at my this money-making opportunity. I have used it myself for +2 years and I can recommend to you as well.

At this point, you are probably saying me, “Roope! Tell me how much money can I earn??” I admit that I don’t mine myself because there are more profitable ways to make money but I have listened to experiences from people who have done so. At the moment you can make approximately $5-10 per day with mining if you are using a basic computer.

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Is Vertcoin Worth Buying?

First, let’s take a quick look at the price chart of Vertcoin:

As you can see from the picture above, the price of a Vertcoin was close to $0 for a long time. Then it started growing in the Spring of 2017. When we came to the December of 2017 the value of one coin was around $10. That price is almost 500 times higher than it was one year ago. In the other words, we can confidently say that it would have been a great investment to buy a Vertcoin when the price of one coin was less than $1.

When the price was around $5-6 some crypto YouTubers said the price is so high that it’s probably just the best to wait for the dip. If you have been following the cryptocurrency world, you have probably heard that phrase also before but then the price of a coin just exploded to the sky. Vertcoin didn’t literally explode but the price doubled within a short period of time.

 

You are probably asking whether Vertcoin is worth buying any more or not. I am myself usually a long-term investor rather than a short-term trader so I would rather think about the long-term value of Vertcoin. Will it be higher after 2, 5 or even 10 years?

In my opinion, the biggest question is whether it really can compete with Bitcoin and Litecoin. At the moment Vertcoin is far behind and those two bigger coins have a much bigger user base. If Vertcoin technology is really better, it could be worth buying. I recommend making a profound research on technical aspects if you are interested in putting big money. Otherwise, I would just bet on Litecoin and Bitcoin. (Disclaimer: This is just my personal opinion and not an official investment advice.)

Conclusion – Is Vertcoin a Good Investment?

Vertcoin is a potential investment. It has a team of developers who are doing their work to make the coin better. Vertcoin has additional features compared to Bitcoin which can give it a slight edge in the “cryptocurrency race”. On the other hand, Bitcoin has still a huge user base and it’s completely dominating the competition.

If you like “betting” small amounts for different potential cryptocurrencies, Vertcoin can be one of them. But if you are going to invest lots of money, I recommend that you make a further analysis also on the technical aspects comparing Bitcoin, Litecoin, and Vertcoin. Then make a decision based on your research.

As I mentioned in the beginning, investing involves also some risk so you need to be ready to lose your money in the worst situation. If you want to have a proven method to make money online, take a look at my #1 work from recommendation (especially for beginners).

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What do you think about Vertcoin?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

50

5 Greatest Benefits of Passive Income – Which One Is Your Favorite?

According to Wikipedia passive income is an income received on a regular basis, with little effort required to maintain it. In other words, you are getting passive income. You don’t need to work almost at all to get money. In this post, we are going to have a look at 5 benefits of passive income. I will also reveal to you how I earn money online on “autopilot”.

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How to Earn Passive Income Online? – Video

Before we dive into the article I want to give you an opportunity to take a look at my video where I explain the benefits of passive income and how you can earn it as well. I believe you will find this helpful and valuable. Enjoy!

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Why is passive income important? Here are the 5 reasons.

1.You can provide value for more people
2.It forces you to learn
3.You have more time available for other things
4.Live anywhere you want
5.No income limits

Would you like to learn to earn passive income online? I earn money while I sleep, go for a walk, chat with my friends or lay on the beach.

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Numerous people who have gone through that training are nowadays earning a full-time income online and having a freedom to live wherever they want and work whenever they want. Some people went even from $0 to $10,000/month without prior knowledge. NOTE: Of course it required work and persistence but over the time course it pays off.

Anyway, let’s discuss now more in detail about the benefits of passive income

1.Value for More People

If you want to earn money you need to offer value for someone. If you are an employee you are providing value for your boss and his customers. Then the customers pay your boss and the boss pays you and takes a little for himself.

Usually, if you want to earn the passive income you need to sell something. Rent a property, sell books, sell movies, sell music, sell other products or services which don’t require your own time anymore or sell investments when the value has gone up.

We all have 24 hours/day. If you want to counsel 100 different clients every day it’s almost impossible. But if you write a book or create a website you can counsel 100 000 people every day if they read your book or visit your website.

Or you can make a great song that serves 1 000 000 persons all around the world. Once you have made the album people can buy it and you get passive income.

2.It Forces You to Learn

Let’s face the fact: earning active income, in general, is dead easy. You send a job application, go to a job interview and get applied. Then you start doing what your boss tells you to do and he pays you. You are just required to do what your boss says but nothing more. (Okay this is a bit simplified but you understand the point.)

But if you want to earn a passive income you usually have to learn some skill before you can earn it. There are many different ways to earn passive income but probably one of the most common ways is to have your own business.

When you have your own business you need to be interested in your own subject and provide value for other people. Then you need to learn marketing and selling. Of course, you can outsource many things but most of the time having business forces you to face and learn many things that you haven’t ever faced before.

3.You Have More Time Available for Other Things

Let’s say that you are working 40 hours a week and sleep 8 hours a day which makes 56 hours a day. There are 168 hours in the week so you are awake 112 hours a week. That means that you are working over 35% of the time you are awake.

If the travel to your work takes 30 minutes back and forth, then your work requires over 40% of your time. THINK HOW MUCH THAT IS! Add the time you think and talk about your work with your friends. It means that work takes the half of your whole time (and life).

Do you want to learn new skills that you are not practicing at your workplace? Do you want to study some interesting subjects but you don’t have time because of your work? Or are you bored with your actual work? If you answered yes, then passive income could be a good choice for you.

4.Live Anywhere You Want

Do you want to travel, dive into new cultures and live anywhere you want? When the income you made doesn’t require your presence you can choose where on this planet you want to spend your time.

Online businesses are a great example. When you have a laptop and internet connection you can connect if it’s required.

I just want to mention that there is no 100% passive income. If you buy and hold stocks then it’s probably 99,5% passive income. and if you are renting houses you still need to find a tenant and see that he has paid the rent.

But compare for example if you are driving taxi and earning commission of your shifts then it’s 0% passive income.

5.No Income Limits – $10,000/Month? No Problem.

There are 24 hours a day. If you earn $50/hour (which is a lot over average) that makes $400 in 8 hours. If you work 14 hours that makes 700$. But there’s actually a limit. Your income limit is $700/day (given that you can work 14 hours a day).

But when you are earning a passive income you can earn $10 000/day because work doesn’t require your presence. Warren Buffett earned $37 million per day! in 2013. Let’s compare $700 and 37 000 000$. Is there a little difference? Which one would you prefer?

If you are working only for active income there always will be some limits. If you earn $20/hour the limit is 280$/day.

Instead of going to study 5 years university degree (and get a student loan) could one possibly be to build a business and start earning passive income?

Summary – Everything Is Possible for You!

Earning passive income is highly beneficial and recommendable. By earning the passive income you can provide value for millions, learn a lot of new things, have more time do the things you want and live anywhere you want.

Remember that earning passive income doesn’t mean getting rich overnight. It usually requires a lot of hard work and studying before you start earning it.

If you are interested in earning passive income through online business I recommend to start in Wealthy Affiliate

 

What do you think about passive income? What are the greatest benefits in your opinion?

I would love to hear from you in the comments below.

30

What Are Bitcoins and How Do You Get Them? (And How I Made Already Easy 1500€ Without Lifting My Finger)

Today I am going to explain to you what are bitcoins and how do you get them. But first, a little story how I made some easy money.

Last year I bought bitcoins for around 600€ when my friend recommended them to me. I knew that this guy is very skillful when it comes to investing. I decided to give bitcoins a try. Today I just checked what are my bitcoins’ value and it was +2100€. So I already had made about 1500€ without doing anything. Well, a few mouse clicks.

I need to admit that it was the easiest money that I have ever made. Today I just withdrew a very small part of my wins but I am going to maintain my bitcoins because I believe that they are going to raise in value even more.

Will Bitcoin Bubble Burst? – UPDATE 5.12.2017 

I have now earned more than $20,000 with cryptocurrencies. The value of Bitcoin and other coins is just going up and up. Is it just a bubble? I believe that the value will keep on rising for a long time based on the reasons that I mention in the video below:

What Are Bitcoins?

Bitcoin is a first decentralized digital currency founded in 2009. It is somehow similar like any other “normal” currency like euros and dollars. You can pay your shopping with bitcoins. You can trade it to other currency or other goods. It has a certain value that changes like other currencies’ values change.

But there are a few differences about bitcoins.

1.Inflation doesn’t affect bitcoins. It is already defined how many bitcoins there will be in the future. No one can make them more than it’s defined beforehand. Compare this for example to dollars. 100 years ago $1,000 was a big money. But if you have $1,000 today, it’s only worth for $45 compared to 1916.

There are much more dollars out there every year so the further we go, the more their value goes down. Who knows if after one hundred years every second person in America is a millionaire because of the inflation. But inflation doesn’t have any effect on bitcoin because nobody can make more of them. That’s a big benefit!

2.Bitcoin transactions happen immediately. Let’s say that you want to transfer money to your friend who is living in a different city or country. If you make a normal bank transfer, it usually takes 1-3 business days. Money doesn’t get there immediately because the bank needs to transfer your money and it takes time.

With bitcoins, you don’t have to wait for days, hours or even minutes. Usually, the transfer happens in a few seconds. Think how easy it is to transfer money with them. This could also help many companies and business owners. Sometimes a company wants the money on their bank account before they start doing anything.

But you need to wait for 1-2 days until money gets there. I work as a transport manager and I know that using bitcoins would make some actions much easier and probably make more profit to companies.

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Here is a video which will explain you even more simply what are bitcoins and what can you buy with them.

Bitcoins are generated all over the Internet by anybody using a free application called Bitcoin miner. Mining bitcoins produces new bitcoins but it requires work from the server and the computer so it’s not very fast process.

How Does Bitcoin Work?

Instead of me explaining you with long complicated lines how bitcoins work, I recommend you check one or two of the following videos which explain with pictures and simple explanations all about how bitcoins work and how people can change them.

How Does BitCoin Work?

How Bitcoin Works in 5 Minutes (Technical)

Some Examples of Bitcoin Profits

Today in 25.12.2016 the value of a one Bitcoin is $883. The price has grown hugely in a few years as you can see in the graph above. If you had bought, for example, 100 bitcoins for $100 5 years ago, you would have now $88,300 value in bitcoins. Quite a good profit for a $100 investment, huh?

Bitcoin reached its highest value so far in 2014 when one bitcoin was worth even over $1,000. I believe that bitcoin has a great potential of growing in the future because more and more people are starting to use it and becoming aware of it.

As I mentioned before, I have made already around 1500€ with bitcoins and I bought them last year. However, that’s only a little sum if I compare what some of my friends have already earned with bitcoins.

Where Can You Already Pay with Bitcoins?

The amount of companies that are accepting bitcoins grows year by year. You can already pay with bitcoins in tens of thousands (if not hundreds of thousands) companies. You can buy flight tickets online with bitcoins from some airline companies. Then you don’t even need to pay $5-10 transaction fee what you should be paying if you are paying with a normal bank account. I experienced this when I was buying my flight tickets from Finland to Germany in the last summer.

You can also pay your stay in many hotels already with bitcoins. Just to mention some other companies where you can pay with bitcoins:

• Subway fast food restaurants
• WordPress.com (the biggest provider of websites)
• Namecheap (one of the best domain name servers online)
• Microsoft (for example in Windows store)
• Reddit (you can pay premium features with bitcoins)
• Expedia (online booking agency)
• Many supermarkets or local grocery stores

So you can already use bitcoins in many different places. And if the trend keeps on going the same way, a number of companies will grow even more. Why wouldn’t company like to accept bitcoins? Most of the time it will bring them, even more, revenue.

Where to Buy Bitcoins? (Get a $10 Bonus Today)

There are a massive number of pages online where you can buy bitcoins today. However, not all of them are very reliable and some of them were hacked in the past. That’s why you should choose a big and a reliable provider to avoid losing your money because of hackers. Optimally you will buy bitcoins from many different sites because if one of them get hacked, you don’t lose everything.

The best bitcoin place to buy and exchange bitcoins according to famous bitcoin sites is Coinbase. Here are some reasons.

• It gets A+ trust score (the best)
• it scores 9,85 out of 10 in BestbiCoinExchange.io
• It is also one of the biggest bitcoin exchanges in the world
• There are more than 32 countries supported, 5,1 million customers and more than $5 billion exchanged.

UPDATE! 16.1.2017 I have seen many controversial reviews about Coinbase on the Internet. Read my full review to find out more.

I have also used Coinbase myself and I can’t find anything negative about it. The platform is user-friendly and even beginners can use it easily.

Today you can get a $10 for free if you buy your first bitcoins if you register through my link. When you buy your first bitcoins for $100, you and I will be given extra $10. That way you are also supporting YourOnlineRevenue.com and our work on this website.

If you just want to earn easily $10, you can just deposit $100. Take your $10 bonus and then sell all your bitcoins right away. You will earn $10 in 5 minutes. Easy money.

Have you heard about bitcoins before? Do you have them? How much profit have you made? Leave a comment below!

5

Is IOTA Legit And Will It Revolutionize the Whole World!?

Is IOTA legit? How does it work and what are the main benefits? Is IOTA a good investment or just another way to lose your money?

If you are looking answers to any of these questions, you have come to the right place! In this IOTA review, I will share my knowledge about this highly interesting cryptocurrency. Some people say that it will revolutionize our world in a way like an email replaced posting system!

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Is IOTA the Future? – Video Review

I want to give you an opportunity to watch my video review of IOTA. I point out a few interesting reasons why IOTA could change the whole world. I believe you will find my video informative and helpful. Then you can continue reading the article where I share even more interesting details about this revolutionary cryptocurrency.

=> I Bought IOTA on Binance!

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IOTA Review

Name: IOTA (MIOTA)

Launched: 2017

Type: Cryptocurrency

Short Review: IOTA is, in my opinion, one of the most interesting cryptocurrencies in the world. Their technology has a potential to revolutionize our whole payment system and many other things (like an interaction between things). However, the project is still in its infancy and it’s not possible to give a 100% sure answer how this will work out. If it goes great, it may mean a leap for the humankind to a “new world”.

If you are looking for proven ways to earn money, take a look at My #1 Recommendation for making money online.

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What Is IOTA?

IOTA is a revolutionary cryptocurrency that is not using blockchain for transactions at all. People say that IOTA is a 3rd generation cryptocurrency like Cardano. It’s supposed to solve problems that two first generations weren’t able to solve. IOTA was launched in June of 2017 so we can say it’s still a relatively new coin especially compared to older ones like Bitcoin or Ripple.

Every single cryptocurrency in the world usually tries to solve a problem that other ones weren’t either to solve or it tries to do it better. Just like in a business world. You create a completely new thing or you just make something better than others are already doing.

The biggest difference between IOTA and other cryptocurrencies is that IOTA uses tangle instead of a blockchain. This may have benefits and of them is that it doesn’t have any transaction fees.

One of the most interesting applicactions of IOTA is that it may provide secure communications and payments between machines on the Internet of Things.

Anyway, let’s first take a closer look at the differences of the Tangle and a blockchain.

IOTA Tangle vs. Blockchain

Let me first list a few typical characteristics of a blockchain. The following things are usually involved in that technology:

• Mining
• Fees to accomplish transactions
• Blocks
• Distributed consensus
• Hascash

Let’s take a look at the characteristics of the Tangle:

• No miners
• No fees (So, it’s free to make transactions)
• No blocks
• Distributed consensus
• Lite haschash

Tangle can also provide important features like scalability, quantum security, and offline capabilities. I understand that tangle can feel like a complicated thing but a part of the following video will help you to understand it a little bit. The video below shows probably the simplest way to explain the tangle. I have set that it starts from the right time 4:02 where the guy starts explaining it.

He says a nice parable in the video that explains the difference between tangle and blockchain pretty well in my opinion.

Imagine that a tangle is a buffet restaurant where everyone serves themselves. Blockchain, on the other hand, is a restaurant where you are served and a waiter brings you the food.

Blockchain becomes slower when there are more and more users in the system. However, with tangle, we don’t most likely face the same problem. Even though there would be billions of users, they can “serve” themselves to approve the transactions. If you are interested in the other differences of tangle and blockchain in a great detail, I just recommend that you watch the video above. It explains all of them pretty well.

=> Do You Believe in IOTA? You Can Buy It on Binance!

Application with the Internet of Things – THIS BLEW MY MIND!

This is pretty amazing and revolutionary thing so I would like you to read carefully. I also would be eager to hear your thoughts and opinions about this afterward in the comments below.

IOTA technology allows machines that are connected to the Internet of things to communicate and make payments. Can you imagine? The machines could interact with themselves. It’s pretty mind-blowing, huh? On the other hand, it also reminds us of Terminator and similar movies where machines take over the world. But before we get too scared about it, let me share you just a couple of applications how it could be used in an everyday life. You’ll probably come up with other ideas as well.

Imagine that you have a car that can accept and make payments automatically. You come to a road toll and you don’t need to take your wallet anymore because the car communicates automatically the toll fee. The same works wherever you go with your car like when you are paying for the gas, for example. Imagine that you have a car rental. You wouldn’t need to go through the complicated process of managing all payments from your clients because the car could take the payments itself.

This doesn’t only apply to cards. Automated payment system could be applied to these devices as well:

• Drones
• Freight trucks
• Houses with solar panels
• Freight ships
• And so on.

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One of the Most Important IOTA Benefit

There was one man who sent $12 million to another person by using IOTA. Guess how big fees did he pay?

Yes, you probably guessed right. He didn’t pay any fees because IOTA enables completely free transactions. As I explained above, IOTA doesn’t use a blockchain but a tangle technology.

Imagine how big fees you would need to pay on PayPal or for your bank if you would transfer $12 million in an “old-school” way. For example, I tried to send money to my friend through PayPal but I backed because the fees were so high. For around $200 transfer I would have a need to pay $10. For $500 it would have been almost $25. With IOTA it would be free.

Bitcoin vs Iota

It’s always interesting to compare new cryptocurrencies to Bitcoin which is the first and also the biggest one at the moment. The greatest core difference between IOTA and Bitcoin are is between blockchain and tangle technologies like I showed above.

That has many significant effects in practice. IOTA’s goal is to enable scalability and faster transactions than other coins. The benefit of Tangle is that it doesn’t go slower even though there would be more users. Actually, it can work in an opposite way. More users make it better and faster.

Let me show you as an example how many transactions per second each payment methods can handle at the moment. (NOTE: These numbers are estimations and they may vary day by day.)

• Bitcoin 4,5 per second
• Ethereum 20 per second
• PayPal 200 per second
• IOTA 1,000 per second
• Visa 2,000 per second

As you have probably noticed or heard, Bitcoin transactions have been pretty slow when more and more people have come to the system. IOTA is already handling quite a huge number of transactions every second. In this sense, it looks pretty promising for IOTA compared to Bitcoin.

There is a fixed number of IOTAs and it doesn’t change. The amount of Bitcoins is still growing until all of them are mine. The circulating supply is 2,779,530,283 MIOTA. Notice that they always use MIOTA which means 1 million IOTAs. So, there are 2,779,530,283,000,000 IOTAs in the world at the moment. Also, the value of IOTA is usually mentioned in MIOTA which means a million IOTA.

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Is Iota a Good Investment? – Will It Revolutionize the Whole World?

Some people (including a cryptocurrency expert David Hay) say that IOTA has a potential to replace our payment systems in the same way like email replaced the post system years ago. That would be pretty mind-blowing. I believe that cryptocurrencies have a good potential to replace our current financial or banking system in one way to another but the time will show how.

And imagine about the smart cities that the guy mentioned in the video above. Tons of things could work “on autopilot” and save human energy. Then we could use our time for other and more meaningful activities. It would be again a step forward with the technology.

Of course, it’s also good to consider the threats if “robots” become “too smart” but at the same time we shouldn’t be afraid of positive improvements.

I am usually a long-term investor rather than a short-term trader. Within a short term, anything can happen with the price of IOTA so I am not going to speculate here how will it turn out to be (except a little bit in the next chapter). I see investing in IOTA as an investment to a long-term project that has lots of potentials but also risks at the same time.

Where to Buy IOTA?

There are a few marketplaces where you can buy IOTA at the moment. I have used Binance because in my opinion it’s the easiest and the safest place where you can buy this. Also, my friends have been using Binance and they have solely positive experiences of that cryptocurrency exchange.

=> I Bought IOTA on Binance!

Conclusion – Is IOTA Worth Buying?

While I was writing this article the market cap of IOTA went from less than $4 billion to over $5,5 billion. Let’s say that I would have bought IOTA for $10,000 when I started writing it the article and sold my coins right away when I finished this, I would now be $4,000 richer. Can you imagine? 😉

IOTA is among the top-10 of cryptocurrencies and we are talking about a huge thing here. There are two things to consider when you make an investment:

1. Is this going to grow in value in long term?
2. Is now the right timing?

When IOTA has grown more than 40% in a few days it could be safe to say that it will take a little move down in the near future. Then probably would be a better time to invest in IOTA. I see lots of potential on IOTA for the long term but I have to say the same what we see with many other altcoins. There aren’t many applications at the moment because the technology is still in its infancy.

Still, some companies have started accepting IOTA as a payment method and the future looks extremely interesting. All thoughts that I mentioned in this articles are my opinions and shouldn’t be taken as an official investment advice. I can say that, in my opinion, buying IOTA could be a good investment in the long term. (Disclaimer: That’s not an official investment advice.)

If you are looking for a proven way to make money online, I advise taking a look at this step-by-step training. You can get started for completely free and there isn’t any risk like with investing on IOTA or other cryptocurrencies. If you are interested in other ways to make money online, take a look at this list of interesting online jobs that I have done myself.

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What do you think about Iota?

Is it worth buying or not?

How Much will the value be in the future?

Let me know in the comments below! 🙂

15

Is Cardano a Good Investment? Read This Before Deciding!

New cryptocurrencies pop up all the time. Most of them stay small and unknown. Only a small part of people will know about them until they fade away.

But that didn’t happen to Cardano (ADA). It was launched at the end of September in 2017. Within a few weeks, it was already in top-10 of the biggest cryptocurrencies in the Universe. How did this happen? Is Cardano a good investment or just another cryptocurrency scam? Who is/are behind this coin and does it have any future?

If you are looking for answers to any of these questions, you have come to the right place. Let’s take a closer look at Cardano!

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Is Cardano a Scam? What Is It? Who Are Behind It? – Video Review

I wanted to provide you also a video where I share my knowledge about Cardano. I know that many of you prefer watching a video rather than just reading a text so I want to give you this opportunity as well. After watching the video I recommend that you dive into the article below because I share some details that I didn’t mention in the video. Enjoy!

=> Based on My Further Researches I Have Now Bought Cardano on Binance!

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Cardano Review

Name: Cardano (ADA)

Launched: 2017

Type: Cryptocurrencies

Short Review: Cardano is a highly promising cryptocurrency. Their team is highly qualified people in the cryptocurrency world and they have skills to move this project forward. However, the project is still pretty new and it’s impossible to say with 100% clarity how will it turn out to be in the future. In my opinion, investing in Cardano feels now like investing in a startup company.

Have a look at My #1 Recommendation for making money online if you want to learn a proven way to make a living online.

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What Is Cardano? – How Did It Become So Big?

Cardano is a decentralized platform that allows (or will allow) complex programmable transfers of value (for example, money) in a secure and scalable fashion. They use a highly secure Haskell programming language. It was launched in the Autumn of 2017 and many people started investing in Cardano right away. The market cap was $500,000 in a few days almost right away after the launch. They knew who was behind this project and they trusted his skills.

The value stayed the same for around two months. Then it suddenly went in a few days from $0,03 (3 cents) to $0,14 (14 cents). The market cap went from under $800,000 to almost $4 million in 3 days. That was insane. A bigger audience started to talk about Cardano and some said this is going to be something huge.

Why Did Cardano Grow So Quickly? – Benefits of Cardano

The man behind Cardano is Charles Hoskinson. He looks like a typical nerd with a gentle smile and eyeglasses but people in the cryptocurrency world say he is a genius. He was also one of the main developers of Ethereum and when you have listened to this guy for a while, you realize that he knows what is talking about. He’s definitely one of the top leaders in the cryptocurrency world at the moment.

In addition, he is not alone behind Cardano. He says that there is a team of highly skilled individuals from different countries. If you check out their website or white paper, you see that Cardano is far from a scam and they are really trying to make something significant.

They say that Cardano and Hoskinson’s company IOHK are research-driven. They don’t want to focus too much on hype and marketing. Hoskinson has analyzed the short history of cryptocurrencies and his goal is to solve problems that other coins before this weren’t able to solve. These are, for example, scalability and real decentralization (some say that with certain coins creators have too much power).

Scalability is extremely important when always more and more people are getting involved to cryptocurrencies. You have probably seen some challenges of Bitcoin. Sometimes one transaction has taken up to one hour even though it was designed to be a quick way to transfer money. Of course, one hour is still much faster than 2-3 bank days but it could be faster.

Cardano’s goal is to create a technological platform, not only for individuals but also for organizations and businesses. Everything they do is quite open and transparent. That’s a huge benefit compared to suspicious cryptocurrencies like BitConnect. Well, most people don’t even bother to call BitConnect (or other similar ones) cryptocurrencies but Ponzi schemes.

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Is Cardano Worth Buying?

I don’t share official investment advice but I am always able to give my own personal opinion based on my research and knowledge. I still have quite a large knowledge of cryptocurrencies compared to an average Joe who just called about Bitcoin from the news. 😉

I see Cardano as a startup company that has just started their journey. Of course, there are highly experienced persons working on it but the system itself is pretty new and being developed all the time. In my opinion, Cardano has a much brighter future than most other coins. It didn’t jump to the top-10 of cryptocurrencies in a few weeks without a good reason.

Still, I would say that Cardano is still pretty new and we can’t be 100% sure of what will happen in the future. I recommend that you take a closer look at their website and make your analysis yourself. I need to warn that lots of their words are pretty technical and may be a bit challenging to understand for an average Joe.

We can’t still say that Hoskinson wouldn’t be a great salesperson/marketer. He (and his team) was able to make Cardano’s market cap over $500,000 in a few days after the launch. In order to do that, you need to be able to convince quite a few persons.

Where to Buy Cardano?

Cardano isn’t yet listed on some huge crypto exchanges like Coinbase, Bitfinex or Kraken. However, it’s already listed on a few major exchanges like Binance, for example. I have bought Cardano on Binance and I think it’s probably the best choice for you as well.

I believe that the price of Cardano will jump to the moon if it will be listed on Bitfinex or Kraken. If Cardano, will be listed on Coinbase, the price will probably grow even higher.

=> You Can Already Buy Cardano on Binance Like I Did!

Bitcoin vs Cardano

Bitcoin and Cardano have several similarities (e.g. decentralization) but also many differences. If you want to understand them more, I recommend taking a look at Charles Hoskinson’s “lecture” on Cardano.

His style of explaining things is down-to-earth and understandable even though he uses some technical vocabulary.

One thing that we always need to remember is that even though Bitcoin is the first and the largest coin, it may not be the biggest for forever. Do you remember what happened with mobile phones? Nokia dominated the market and then… BOOM!! Apple and Samsung took the lead while Nokia suffered from problems.

What about Yahoo and Google? Yahoo was dominating and people didn’t believe a small Google would make it.

I am not saying that Bitcoin is going to crash and Cardano will take over. You still need to consider a different kind of scenarios that can happen and make your investment decisions based on all factors. We can learn many things from the history.

Conclusion – Is Cardano a Good Investment?

Cardano is still at the beginning of its journey but their developers (Hoskinson, Brünjes and the whole team) have a huge knowledge, background, and know-how about the industry. Even though we are talking about the decentralization and other similar stuff, the team behind the cryptocurrency still has the biggest impact on how the coin will develop.

My personal opinion is that Cardano’s future looks bright and it can solve some problems better than its competitors. It seems that every year new potential cryptocurrencies arrive that try to make things better than previous ones. The time will show which ones are going to thrive and which ones will fade away.

That being said, I believe in the potential of Cardano and I have bought it on Binance crypto exchange.

There’s risk involved in any kind of investing and you always need to make your own research before putting lots of money in. This article gave you hopefully a good overview of Cardano and now you understand what it’s all about. If you have any questions, comments, different opinions or anything else, I love to hear them in the comments and I’ll reply to you personally.

If you are interested in making money online, in general, and looking for great ways to make a living online, I recommend having a look at my #1 recommendation. That training and community have turned my life around and now I have a freedom to travel around the world while making money online.

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What do you think about Cardano?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

(Disclaimer: This article is not an official investment advice. I only tell my personal opinions that are based on my research of this and other cryptocurrencies.)

18

Is BitConnect a Ponzi Scheme? Check Out 7 Obvious Red Flags!

The value of BitConnect has been over $2 billion. Thousands of people are promoting it online. Everybody is talking about it.

There’s a huge buzz around BitConnect at the moment. Nobody knows how long will it last and many people are asking, “Is BitConnect a Ponzi Scheme?”

In this article, you will get a brutally honest answer to your question. I am you will find this helpful and valuable. You shouldn’t invest a single BitConnect until you have gone through this texts.

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Is BitConnect Legit? – Video Review

I know that some of you prefer watching a video rather than reading a text. I created a BitConnect video review so you can take a look at it below. I’m sure you’ll find it helpful and valuable.

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BitConnect Review

Name: BitConnect

Launched: 2017

Type: Systems That Look Like Ponzi Schemes

Short Review: My advice is to stay far away from BitConnect and tell all your friends to stay away as well. There are tons of red flags that why the system seems extremely suspicious.

Take a look at My #1 Recommendation for making money online. That method has worked for +15 years and it’s a proven way to make money online. It also helped me to become a full-time online entrepreneur.

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What Is BitConnect?

BitConnect company tells that it is “an open source all-in-one bitcoin and cryptocurrency community platform that provides multiple investment opportunities and education.” That sounds pretty good at first.

But as you probably know, tons of experts and online entrepreneurs are saying it’s a Ponzi scheme and a scam. Let me show you 7 red flags of BitConnect.

1.Huge Promises – “If It’s Too Good to Be True…”

The old wisdom says, “If it’s too good to be true it probably is.” That’s accurate in most cases. I don’t it’s always true because I have found some opportunities in my life that were much better than what I expected. Still, in 95% of cases that wisdom is accurate.

Especially, if somebody promises you lots of money/high returns without risks or without working hard. In 99,99% of cases, it’s just a lie.

Take a look at what they promise on BitConnect. I’ll explain then what it means.

In BitConnect you are supposed to lend money to the company because their trading program will make more money and pay you big dividends. They say that you’ll get returns up to 40% per month (+ daily bonuses). They have also claimed that the bot can make even 1% profit per day on average.

1% doesn’t sound a lot but it makes 365% profit per year so you’ll start to realize how huge thing they are promising to you. That sounds like an outright lie. I’ll explain later why it’s pretty obvious why that it can’t be true.

2.BitConnect Pyramid Scheme-ish System

BitConnect has also a referral system up to 4 tiers. It means that members of BitConnect earn money by inviting more people to the system. They also earn money from the people that their referrals’ referrals invest.

Let’s say that you invite Jack and he invests money to BitConnect. You earn a little commission. Then Jack invites Jay and he also invests money. You earn a little commission again. Jay invites his friend James and he also puts some money to BitConnect. You still earn some commissions.

This model is probably familiar to you from multi-level marketing programs. There’s nothing illegal about it but as we know, it creates a pyramid and people who are on the top earn the most money.

This also gives a big incentive for current members to invite new people to the system. They make money for that. I could, for example, join BitConnect and start promoting it on this site. I get tens of thousands of eyeballs every moment to my site and all of them are interested in making money online. You can quickly imagine how much money I would make by promoting BitConnect. 😉

But I don’t promoting anything that’s shady even it would make me tons of money. Integrity and honesty are always more important than money.

3.How Does Bitconnect Bot Work?

So, their bot makes up to 40% profit per month, right? Now I would be interested in hearing how it works. Because if you could create such a bot, you would quickly become the richest person on planet Earth.

One famous person actually promised publicly to give $100,000 right away to a person who explains to him how BitConnect bot works. That would be just a small amount of money for that kind of bot. This person clearly knows that it’s impossible to create a bot that would consistently make 1% profit per day in the long run.

It’s interesting that Bitconnect uses so much time on marketing, advertising, explaining the referral system and to all other stuff but they don’t bother explaining how their bot works. Of course, they wouldn’t need to tell details but at least some principles would be necessary.

Okay, let’s imagine that they have such a bot and it would be legitimate. The next chapter explains why that idea is impossible.

4.Is Bitconnect Legit? If It Would Be Then…

They wouldn’t give it to you.

Imagine that you created a bot that makes 1% profit per day. Would you try to make it public, collect money from small investors who can invest $100 per person and so on?

If you really have a bot that makes 1% profit per day, you would go to a bank, to a rich investor and ask for a big loan. They would give you a loan for 100% sure if you really have a bot that makes so good profits. I would invest all my money to such a bot because I would know that I would get big returns fast.

Let’s say that creator would find a couple of rich people and they would invest $1 billion in total to this bot. They would make their money back in a short while so the investment would be great for them and for the creators as well.

But as we see, the creators of a bot (if it even exists) didn’t do like that. Now they go to find people from all over the world. Then need to find 10,000,000 people who invest $100 to get the same $1 billion. That doesn’t make sense if they really would have a bot that makes good profits.

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5.Reliable Cryptocurrency Experts Say It’s a Scam

There are (roughly) three kinds of “experts” and online entrepreneurs on the Internet:

1. People who really provide good value and information.
2. Fraudsters who just promote their own programs to maximize their own profits.
3. People who just know what they are talking about.

When we are talking about BitConnect there are lots of people who promote it on their YouTube channels, Facebook accounts, Snapchat and so on. However, those are the people who are usually known for other pyramid schemes and suspicious systems.

I heard about BitConnect for the first time from a lady who has been (and is still) promoting several suspicious “make money online” systems. I know that some companies that she is promoting are pyramid schemes.

When you listen to opinions from honest online entrepreneurs and cryptocurrency experts ALL of them say it’s a scam or something similar. What kind of message does this give to you?

6.”It Can’t Be a Ponzi Scheme Because It’s Already $1 Billion!”

Do you know who is the person in the picture above? He is Bernie Madoff. The creator of the probably the biggest Ponzi schemes ever. It was worth over $65 billion and collapsed in 2008.

Bitconnect is already worth $1 billion but it doesn’t mean that it would be legit. There are several reasons why people still would invest money on Bitconnect even though it was a Ponzi scheme. Here are the most typical reasons:

1. Some people are so greedy that they want to invest in it even though they know it’s a Ponzi scheme. They know that the value will keep on rising for a while until it collapses. They invest, take the profits and run to the hills without any moral.
2. Some people don’t make enough research and they don’t really understand where they are investing in. Maybe some of their friends introduced the system to them and it sounds nice.

7.How Long Has BitConnect Been Around?

BitConnect was launched in January 2017 just before a huge cryptocurrency boom that took place in the Spring.

As we know, Ponzi schemes will always collapse sooner or later when new individuals stop coming in. When the owners can’t pay high returns for the old members, the system just crashes. Then everybody realizes, at last, it was a Ponzi scheme. However, sometimes it can take time if more and more people keep on coming in.

If BitConnect would be an old company with decades of experience, we could probably say that it’s not a Ponzi scheme. I don’t know any Ponzi that would have lasted for decades. But BitConnect is still a very recent thing. That fact doesn’t build trust in my eyes.

You probably remember Madoff’s fraud. It lasted for quite a long time until it finally went down. The same can happen to BitConnect. It can be there for a while but if it’s a Ponzi scheme, eventually the system will just collapse.

+ Bonus Reason!

Where is the white paper, the information about the board of directors or all other important details? More reliable cryptocurrencies like Ripple, Ethereum and Dash show clearly teams on their websites. They show who is behind the team and developing the currency.

However, when it comes to BitConnect, things are completely different. They are hiding information from you and me.

Conclusion – Is BitConnect a Scam?

Have you heard of a duck test? It helps you to define whether an animal is a duck or not. You can use it like this, “If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.”

Let’s apply this duck test to BitConnect: “If it looks like a Ponzi scheme, works like a Ponzi scheme, and quacks like a Ponzi scheme, then it probably is a Ponzi scheme.”

Personally, I highly recommend staying away from this system. Even if you could make some money from (Ponzi scheme) Bitconnect, you would make something bad to your reputation as a person and to your conscience.

Clean conscience, integrity, and honesty are far more important than money. That’s why I want to underline: Stay away from BitConnect!

There are tons of honest ways to make good money online so it doesn’t make sense to waste time with systems that look like Ponzi schemes. You can take a look at my #1 recommendation for making money online.

You can also grab $10 worth of free Bitcoins here or take a look at other scam-free online jobs.

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What do you think about the future of BitConnect? Is it a Ponzi scheme and when will it collapse?

Are you interested in making money online, in general?

Let’s discuss in the comments below! 🙂

16

Is Neways a Scam? – Learn the Facts Before Trying!

Again hundreds of people are asking on Google, “Is Neways a scam?” That’s pretty typical when we are talking about multi-level marketing companies. If you are looking for an answer to that question, you have come to the right place.

The company has received countless scam reports over the years, although they are still in full operation as a business. Neways has been around a long time, and it’s hard to take down their growing reputation. But I have written this review to help you see Neways for yourself.

NOTE: This article is written by my writer and he shows facts based on his research. You can make your own decisions based on facts.

Neways Review

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Name: Neways International (Nowadays Modere)
Founded: 1992 by Thomas and Leslie D. Mower
Cost: $25 minimum to start
Type: Multi-level marketing

Short Review: Neways has been around for a long time and nowadays they have a long list of products in their catalog. However, we are seeing the same story with hundreds of other similar MLM-companies: Expensive products, low success rate, exaggerated promises and lots of controversy.

If you are looking for a proven way to make money, I recommend taking a look at my #1 work from home recommendation.

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What Exactly is Neways?

Neways International specializes in health and personal care products, with a wide range of cleaning and sanitation products available as well. Founded in 1992, the company just celebrated its 25th anniversary. They are headquartered in Utah (big surprise) and has a history of huge financial problems.

Probably the most shocking news to come out of this company is the fact that the first and previous owners, Thomas and Leslie D. Mower, were sent to prison for tax evasion. That’s right: Tax evasion! What kind of message does that send?

Not only that, but the owners were banned from using their own Neways products. They were also charged with the illegal production and distribution of Human Growth Hormone, which is an illegal drug.

The ingredients used in their hygiene and chemical cleaning products are super questionable. There are over 3,000 ingredients that scientists wouldn’t recommend for health or for safety. Keep reading my review to see what else I’ve dug up on this company!

But before me move on I would like to mention that the industry where Neways is working is extremely popular among MLM-companies. There’s a tough competition but also lots of money is being made. You probably know about companies like Amway, BeautyCounter, Avon and many others.

Neways Products

You know when you go to a restaurant and the menu is 40 pages long? It makes you wonder about the quality of the food. If they offer EVERY kind of food, are they really putting that much time and expertise into each individual dish?

The same can be said about Neways. Their list of products is so large and so vast that you can’t really trust them to be leaders in any single field. Cosmetics, dental products, weight loss pills, nutritional supplements, car accessories, laundry detergents, and kitchen cleaning agents are just some of the many niche products that Neways has to offer. How can distributors even make sense of it?

On the other hand, the variety of products can be seen as an advantage. You can sell products to many different kind of customers.

The products vary in price. Distributors get a discount, but it still costs over $40 just to sign on to the team. It can cost a few hundred dollars just to get enough inventory to start selling stock to local customers. That is, if the customer base is even there.

The competition is almost too much for Neways to keep up with. Hundreds of distributors have complained that there just aren’t any willing customers anymore. A solution to that challenge is to follow this step-by-step training and leverage the power of the Internet to reach thousands of people every day.

 

Neways Starter Kit?

You sign up with a membership fee and are expected to buy a lot of product in order to satisfy the customers. It costs just $19.99 to start, plus a $23 annual fee that renews each year.

It can get overwhelming due to the amount of product, that it’s hard for distributors to know where to begin. Typically, they will choose a specific niche and buy a wide range of stock from that category. For example, a distributor can specialize in just the health and beauty products that Neways has to offer.

They operate under the mantra of “Just get three who get three, and start making money”. You basically need to recruit three people who can recruit three more people, and as long as they buy $150 per month or more, you earn a small percentage of the earnings. That’s a classical story what all network marketing companies tell.

You have to recruit at least one person a month to stay on as a distributor. Plus, the more people you recruit, the more money you make. The only way to make very BIG money is to keep recruiting as many people as possible.

=> Tired of Recruiting Tons of  People? Learn to Make Money Online Without Recruiting a Single Person!

Neways Compensation Plan

The above video shows a bunch of Neways testimonials. Then, the compensation plan is explained. This is one of the most straightforward (yet ridiculous) compensation plans out there. Watch for yourself!

If you want to become a distributor, you pay a simple signup fee. Then, you buy the product you want. As long as you can recruit one person per month, you will make a little bit of money. Each time you and your recruited members add another person to the team, your commission goes up.

After buying over $2500 of products, your commission is barely over $200 a month. In the other words, you need to concentrate on recruiting rather than selling products if you really want to earn good money within the system. That’s just how most MLM-companies work.

Neways Reviews & Complaints

Like I mentioned earlier, there have been more than 13 registered complaints to the Better Business Bureau about this company. Nowadays the company goes under the name Modere and it has a B+ rating on BBB.

Some testimonials ring true. A couple of people who got in on the company early have been able to profit and are still raking in commissions from the work they did years ago. However, it’s not like that for most people. Common fact is that around 95-99% of all MLM-distributors fail. Therefore, you need to be persistent and exceptional to succeed with this kind of business.

Conclusion – Is Neways Worth It?

Neways business opportunity may be worth it if the following things apply to you:

1. You enjoy using their products and think they are worth the price.
2. You have a hard-working character and you don’t give up easily.
3. You know (or you want to learn at least) how to recruit other people.
4. You like selling.

If you find yourself from these sentences, this could be an interesting business opportunity for you. Do notice that there are still several other similar opportunities in the same industry. You probably want to think for a while which company fits the best for you.

If you are already using Neways (Modere) products, then that’s a natural choice. Personally, I am not a big fan of network marketing and I don’t like when products are highly overpriced compared to similar products in the supermarket.

I make my living on the Internet by promoting whatever products I want. You can use the same principles for succeeding with network marketing but you don’t need to be part of any MLM-company to make money with these steps. I have a step-by-step training that teaches you everything you need to know.

=> This Is How You Can Make Money by Promoting Any Products You Want!

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What kind of experiences do you have with Neways or similar companies?

Do you prefer making money online or offline?

Let me know in the comments below! 🙂

14

Life Shotz Reviews: You Need to Recruit Succeed

Are you interested in hearing what Life Shotz Reviews say about this business opportunity and products? Congratulations, you have come to the right place!

In this article, I am going to take a closer look at the Life Shotz business opportunity and share my opinion with you. I am not affiliated with Life Matters so you don’t need to be afraid that I would be pushing the system for you like their distributors. I lay down the facts for you so you can make an informed decision.

Life Shotz Review

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Name: Life Matters (Formerly Life Shotz)
Founded: 2010 by Richard Bliss Brooke
Cost: For example, 10 packets at $25, 30 capsule packets at $75
Type: Multi-Vitamin Supplement. Multi-Level Marketing (MLM)

Short Review: Life Shotz is another MLM-company in the nutrition industry. The same principles apply like in hundreds of other similar companies. Work hard, don’t quit, be persistent and you can succeed. Products are a bit overpriced as usual so they can pay commissions to their distributors.

If you are interested in a proven way to earn money, I recommend taking a look at my #1 recommendation for making money online.Yes, it requires work like Life Shotz but the process can be much faster.

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What is Life Shotz?

It’s a product of Life matters which is a health and wellness MLM Company in this MLM dominated era. Life Shotz was initially the only product from the company. However, in 2015, the company changed its name to Life Matters making it flexible and allowing it to venture into more products. These products and their alleged benefits are discussed in the next section.

The company was founded in 2010 under the name Life Shotz. The founder Richard Bliss Brooke is an expert in the MLM field considering he has served as a board director of the Direct Selling Association (DSA) and has been in the MLM industry since 1977. This is a valid explanation for the rapid growth of the company since it is under able management. It, therefore, would be just to conclude that the company owes its success to Richard Bliss.

The products of the company promise to offer essential vitamins – just like other wellness companies in the broad MLM industry- but is this the case? The company’s products boast of benefits like:

• Revitalizing your mood
• Boosting your immune system
• Fighting oxidative stress
• Unlocking your natural energy

You have probably heard of almost exactly similar network marketing companies in the same industry (nutrition supplements). Herbalife, Max International, Xyngular, Isagenix, It Works! and hundreds of others are operating with the same business models in the same industry with Life Matters.

Life Shotz products

The new products introduced were LS vibe, LS mind, and LS motion. LS vibe that shouldn’t be confused with a protein shake (according to the company) is a meal replacement shake that uses pea protein. Sounds pretty much like protein shake to me, but oh well! It comes in chocolate and vanilla flavors. It’s essential for people who are looking to lose weight in a healthy way by having a continuous protein intake.

Life Shotz mind is another product from the company. Its allegedly a brain supplement meant to give you mental clarity and would serve as a replacement for other stimulants. Life Shotz Motion is a supplement with exclusive ingredients meant for joints in that it may promote the actual re-growth of cartilage and soft tissue in joints.

The multivitamin drink contains the following ingredients: A vitamin blend of several Vitamin Bs, Folate, vitamin Cs and vitamin D. It has a super fruit blend containing: Resveratrol (Strong oxidant), Acai (for the immune system) and other berries. Other specialty ingredients are fibers (for intestinal regularity), NAC (antioxidant) and Quercetin (For immune system and bone health). Lastly, it has magnesium for maintaining normal muscle function and zinc citrate for bone development.

The company faces competition from other health and wellness companies dominating the MLM industry which grows on a daily basis. However, if the products fulfill the promised results then it will strive well in the market. One way is to try the products yourself and analyze the quality based on your experiences.

On the other hand, you have probably seen that their products are extremely expensive. They say that it includes so many vitamins and useful nutrients that it’s worth the price. That’s actually pretty typical marketing speech for this kind of MLM-companies. Recently one lady tried to get me to almost exactly similar MLM-system. I decided to refuse the offer because I already know a wonderful way to make money online. Click the link below to learn more.

=> I Use This 4-Step Process to Make Money Online By Promoting Whatever I Want. Learn How You Can Use It As Well!

Life Shotz Starter Kit

The starter kit comes at an outstanding price of $399. When a customer purchases the starter kit on enrollment, the enrollment fee of $49 is waived. The Starter Kit includes a month’s supply of Auto Ship product, and it will make you Active the month it is purchased. It includes one each of mind, motion, LS No Sugar Capsules, VIBE Chiseled Chocolate and VIBE Viva Vanilla. Also, it includes two boxes of Life Shotz No Sugar. Moreover. The kit includes (4) 2 Day Intro Packs and (4)The Four Year Career® books. Life Shotz suppliers work under the title of brand reps. A brand rep can only purchase the starter kit once.

Additionally, there’s a VIP kit. The VIP is an additional business building pack for Brand Reps who have already purchased the $399 Starter Kit. Since a brand rep can only purchase the starter kit once, the following purchases made have to be VIP kits. The VIP includes (16) 2 Day Intro Packs, (16) copies ofThe Four Year Career®book, (1) FREE Event Ticket, (24) Months FREE of Automated Inviting System and Advanced Team Office. It also includes a monthly call with Chief Visionary Officer Richard Bliss Brooke.

To qualify for the $100 starter kit bonus, one has to be Active that same month with a minimum $100 Auto Ship or have $185 in Individual Sales. The VIP Bonus, on the other hand, is $200 on each VIP sold to Brand Reps you personally sponsor.

Life Shotz Compensation Plan

Life Shotz distributor explains the compensation plan in the video below and invites you to the team. I added it here so it can help you to understand their compensation plan even though I don’t promote the company.

Life Matters begins with a one-of-a-kind promotion scheme based on stars where you can generate surplus bonuses almost right away.

• 2-Star (2 brand reps), earns you $50/month
• 3-Star (3 brand reps), earns you $100/month plus free product
• 4-Star earns you $200/month plus free product
• 5-Star earns you $400/month plus free product

Both four and five Star come with organizational demands added to having your own personally sponsored distributors under you, but all of these are quite simple to get to and can have someone getting complimentary products plus a great check in their first month!

However, do notice that it requires tons of work to reach higher levels. Usually, top distributors have years or even tens of years of experience in the industry. If you want to make the process shorter, I recommend that you follow this step-by-step training.

Life Shotz reviews and Complaints

Let me just share you a few ideas what we caught from Life Shotz customer reviews.

A Texan, a customer on Amazon compliments the drink by supporting that taking the drink brings energy and a sense of well-being.  Other customers also seem to be in support of the product especially those that have tried other products before claiming that this one has an added advantage and comes at a relatively affordable price.

The product also NSF and BSCG certified. NSF is a not-for-profit, non-governmental organization that performs independent product testing and is a world leader in developing safety standards, certifying products and managing public safety. BSCG, on the other hand, is the Banned Substances Control Group that independently tests products to make sure they’re “clean” in that they are legal and can be used by athletes.

However, on the downside, the product also faces complaints. One customer claims the price is high considering they can buy multivitamins at less than $10 and this product would not be affordable for them. The compensation plan can also be improved supplied to generate a better income. It also takes a little longer than average for the customers to climb ranks for better commissioning.

Making Money with Life Matters (Life Shotz)

The cold fact that making money with this kind of network marketing system requires tons of recruiting. If you are not comfortable with recruiting but want to make good money with Life Shotz, you need to practice it. If you don’t want to practice it, you won’t most likely with Life Shotz. That’s the rough reality.

But if you already enjoy recruiting more people, then network marketing can be a great way to build a business for you.

I wanted to mention this aspect for you because it comes as a surprise to some people when they join an MLM-company. Probably you have heard the story that they always tell, “You recruit 2 people. Then they recruit 2. And they recruit 2, etc.”

Usually, a more realistic version goes something like this, “You recruit 100 people. 80 of them drop quickly. 10 continues for a while until they drop also. 8 continue and make some money but realize it wasn’t worth it. 2 continue on your downline and become successful.”

Conclusion – Is Life Matters Worth It?

Meh.

I know people who are willing to pay some extra and it doesn’t matter if the products are a bit overpriced. Usually, I’m not such a person. I like when a company provides the best price/quality ratio. That’s why I prefer, for example, supermarket Lidl (you know if you are from Europe 😉 ). But how does this relate to Life Shotz/Life Matters?

The thing is that MLM-companies like Life Matters charges more from their products so they could pay bigger commissions. Of course, it the higher price means more value, that would be fine. But in many cases, the quality of MLM-products isn’t even higher.

But as I always say, that’s just my personal opinion and I give you a freedom to decide yourself. Maybe you value a different kind of things. For example, your friend is selling Life Matters’ products and you want to support him in his business even though the products would be overpriced. That’s completely fine.

If you want to make money with Life Matters or with any other MLM-company, I highly recommend that you use the power of the Internet. You can reach thousands of people every day “on autopilot” once you have done the work and everything is set up.

There are many step-by-step trainings that teach how you can do it but my #1 recommendation is Wealthy Affiliate for several reasons. Click the link below to learn more. But before you have a look, I want to mention that before everything works automatically, you need to do some work. Then you’ll get the rewards. It means that I may earn even $500 in a single day even though I would be having a day off. The same is possible for you as well.

=> Learn More About Making Money Online “On Autopilot”!

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What kind of experiences do you have with Life Matters or similar companies?

Do you prefer making money online or offline?

Let’s discuss in the comments below! 🙂