It is not new that Alpha cash has become popular of late. The social media and other mass communication means have contributed immensely to the popularity of Alpha Cash.
To start this review, I want to inform you that I am not a beneficiary or stakeholder of Alpha cash. I will try my best to give you an unbiased review.
Alpha Cash Review: Is it Trustworthy?
I have collected lots of facts on Alpha cash and I believe that by the end of this review you will be able to answer most of the questions you seek.
What is Alpha Cash?
Going through their website I noticed that there is no valuable information about Alpha cash available on the site. The owner or those running the company were not mentioned although I got to know that the domain name was registered on the 28th of May 2017. Alpha cash was registered privately to limit the amount of information being disclosed to the public.
There is a legal address on the site which is “local ted in Hong Kong, but I notice that there is another address suggesting that the site came out from Yekarinburg in Russia. I will go with Russia because Alexa ranking shows that 37 percent of its site traffic comes from Russia.
What are the products of Alpha Cash?
Alpha cash has no product. Nothing is being sold to customers, hence only affiliate membership is offered to interested people.
What is the Compensation Plan on Alpha Cash?
There are different ranks in which an affiliate can advance to; this is done by investing more money which actually comes with more benefit too. Incoming affiliates or members are being asked to invest about $10 to $30,000 for an ROI of 200percent.
There is the promoter rank, in the promoter rank affiliates are expected to make an investment of about $2000 (minimum) and recruit affiliate or affiliates with a cumulative sum of not less than $2500 invested in the business. Also, affiliates in this rank are expected to have a minimum of $10000 invested by its downlines.
There is also the Co-Founder rank, in the co-founder rank affiliates are expected to make an investment of about $20,000 (minimum) and recruit affiliate or affiliates with a cumulative sum of not less than $100,000 invested in the business. Also, affiliates in this rank are expected to have a minimum of $1,000,000 invested by its downlines.
The rank of an affiliate has a lot to do with the affiliate’s compensation. There are other means an affiliate could earn, some of which are referral and residual commission. Affiliates with higher rank get higher compensation. Also, the rank of an affiliate also determines the maximum withdrawal an affiliate can make from Alpha cash weekly.
Affiliates on the promoter rank can withdrawal $750 weekly while those on Co-founder can withdraw up to $10,000 weekly. The Table below shows the list of the available affiliate ranks
What does it take to join Alpha Cash?
It is quite easy; you only need to make an investment of about $10 to $30, 000 to get started with Alpha Cash.
Do you think Alpha Cash is a Scam?
I would say it’s not really a scam but it’s definitely Ponzi though there are some things you need to watch out for. Check out the conclusive review
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Conclusion on Alpha Cash
Am sure that if you are familiar with MLM/Ponzi schemes, you will know that people don’t really like associating with MLM from Russia because of the dent in their reputation. Russian MLM tries to hide their identity, especially in terms of residence or origin.
Alpha Cash will tell you that they actually make a profit from conducting cryptocurrency trading but there is no proof to justify their claims. The only income being generated is what comes in from new affiliates, which are basically being used to pay off ROIs owed to other members.
Summing up things, you will notice that it’s more like a Ponzi scheme mechanism.
If actually the promoters and founders of Alpha scheme can actually make a consistent ROI of about 200%, why do they need you to invest? Why won’t they just keep it silent and become the world richest people?
It’s obvious that once affiliates’ stops coming in, Alpha Cash is over.
Most affiliates will end up losing a lot of cash only very few affiliates and the admins will end up getting rich from this scheme.
Alpha Cash is definitely not going to end well, I urge you not to waste your time and money on this one. There are better ways by which you can earn real money.
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Felix Udechukwu has been trading and writing about cryptocurencies and health related issues since 2016. He has a Bachelors degree in Electrical Electronic Engineering and a Masters degree in Communication Engineering.