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Author Topic: icoinpro scam or a MLM to avoid?  (Read 164 times)
HodlDoge (OP)
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July 07, 2019, 05:58:03 PM
 #1

Someone brought this website across my attention and I was able do some quick google research and looked at this website https://www.icoinpro.com/ and supposedly it teaches you how to trade cryptocurrencies. But the earn income tab is what really bothers me. I’m not sure if this site really teaches you to trade to actually earn, but seems like, from what I’m looking at that most earnings are from shilling the distribution link to get ppl to sign up.

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
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July 07, 2019, 06:45:54 PM
 #2

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
By looks of it,i wont trust up that site.I haven't heard out before and speaking of shilling,you might already doing such thing  Grin

Regarding on your question which this site isn't an MLM and knowing about trading doesn't really need too much of things yet you can self learn.
If you are a total noob you can start the basics on Babypips.com and later on test trading executions on Binance.com.

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July 07, 2019, 08:31:19 PM
 #3

This is an old MLM scam (I didn't know it's still alive) the CEO had or still have another shady business like this one.
They say you have to pay $$, the product is described as content for bitcoin education... Content you get for free on Youtube. So you build up your matrix promoting a product that is free. Search for "behind the MLM + Icoinpro" the blog is very good to cover MLM scams
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kidoseagle0312
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July 08, 2019, 07:30:23 AM
 #4

All MLM who decided to connect with crypto didn't succeed here. Because they're just connected into crypto but the system was same only with network marketing scheme, where there is a membership or registration before you can able to have their coins. So, my advise is never join with this kind of scheme prevent scams.
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July 08, 2019, 08:40:11 AM
 #5

Definitely MLM if not a scam. The problem here is MLM companies are “legal” as long as their commission based distribution offers a “product” which in this case is trading lessons. So if you have proven that the company isn't really offering any lessons then you are right to say that  their service is a scam. I think its also funny how this company works though, if there lessons really help their clients to earn money then they won't be offering any kind of commission/reward for recruiting other people. LOL!!!

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HodlDoge (OP)
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July 08, 2019, 04:08:22 PM
 #6

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
By looks of it,i wont trust up that site.I haven't heard out before and speaking of shilling,you might already doing such thing  Grin

Regarding on your question which this site isn't an MLM and knowing about trading doesn't really need too much of things yet you can self learn.
If you are a total noob you can start the basics on Babypips.com and later on test trading executions on Binance.com.

Is there an alternative to Binance one can test on since Binance isn’t available to US?
HodlDoge (OP)
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July 08, 2019, 04:23:08 PM
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Definitely MLM if not a scam. The problem here is MLM companies are “legal” as long as their commission based distribution offers a “product” which in this case is trading lessons. So if you have proven that the company isn't really offering any lessons then you are right to say that  their service is a scam. I think its also funny how this company works though, if there lessons really help their clients to earn money then they won't be offering any kind of commission/reward for recruiting other people. LOL!!!

 Grin I couldn’t argue with that point. It’s funny. A good product sells without the need for MLM awards. Someone wanted to share the link in a Bitcoin Community group I moderate and wanted to know if they can shill the link. We have a lot of noobs. I’m all for wanting ppl to learn to trade. I’m a buy and hodl. But I wanted to share this to see if anyone’s thoughts were also in line with my own. Which I’ve decided that it looks like ppl earn more money by shilling their links for sign ups than they do from learning real trade techniques.
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July 08, 2019, 10:25:12 PM
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MLM does look convincing and they are looking for new victims by providing crypto seasoning.
this became a successful mode of cheating everyone who was new to crypto investment.
thanks for sharing.
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July 08, 2019, 11:35:52 PM
 #9

Looks like a plain ol' MLM to me. And no, I wouldn't suggest to anyone I know that is starting out trading anything including with cryptocurrency to buy any paid guides. There's plenty of good information out there on Twitter, YouTube and Medium to assist you in any and all phases of your trading journey, from beginner to more advanced. You just have to find it, which is simple enough with search engines like Google. You can also ask about any questions you might have in regards to trading in this section of the forum as well.
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July 08, 2019, 11:56:07 PM
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Scam or not, legal or illegal, who will trust a site that's not even popular or famous on their own field of service and expertise.

Testimonials page seems scripted.

I want to extract more about the site but I think it's not necessary anymore.
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July 09, 2019, 06:50:32 AM
 #11

Someone brought this website across my attention and I was able do some quick google research and looked at this website https://www.icoinpro.com/ and supposedly it teaches you how to trade cryptocurrencies. But the earn income tab is what really bothers me. I’m not sure if this site really teaches you to trade to actually earn, but seems like, from what I’m looking at that most earnings are from shilling the distribution link to get ppl to sign up.

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
Firstly, I was completely ignorant of the existence of this business. 2nd, I think it's scam. 3rd, you should not learn such online knowledge. because this is really inconvenient. If you want to study, why don't you read books? The cost is much cheaper or you can sign up for technical analysis in some classes at a very cheap cost and have access to experienced people.
I think this is a cheap scam and you should not make any transactions on it.

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July 09, 2019, 10:32:17 AM
 #12

Someone brought this website across my attention and I was able do some quick google research and looked at this website https://www.icoinpro.com/ and supposedly it teaches you how to trade cryptocurrencies. But the earn income tab is what really bothers me. I’m not sure if this site really teaches you to trade to actually earn, but seems like, from what I’m looking at that most earnings are from shilling the distribution link to get ppl to sign up.

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
Since you already having doubt about it, it will be better you follow your instinct not to engage with the website that much, it is has been long that I learnt how to trade,  although I started with Forex trading, and prior to the knowledge I had now, I knew nothing about trading at all, and being that I didn’t also have money to go pay pro trader to teach me, so what I did was to start from Google, I read about the basics first on Google, got myself familiar with the terms of trading first which is very important, before advancing into using YouTube to learn practically.

This was the same method I used for cryptocurrency trading, all my skills and strategies applied on my cryptocurrency trading was first leant through you tube which I then started practicing it through demo from some crypto trading platform.
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July 09, 2019, 01:24:59 PM
 #13

Someone brought this website across my attention and I was able do some quick google research and looked at this website https://www.icoinpro.com/ and supposedly it teaches you how to trade cryptocurrencies. But the earn income tab is what really bothers me. I’m not sure if this site really teaches you to trade to actually earn, but seems like, from what I’m looking at that most earnings are from shilling the distribution link to get ppl to sign up.

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?

It is a pure and simple affiliate based MLM company that deals in cryptocurrency. You get people to sign up and purchase their training scheme using your affiliate link and you earn in hard cold cryptos as commission. But when it comes to the review of this program, I hardly found anything negative about it! But that's how MLM works!

So there is nothing about trading whatsoever, you just have to get people to purchase their training scheme and earn money through it!

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July 10, 2019, 07:29:59 AM
 #14

Someone brought this website across my attention and I was able do some quick google research and looked at this website https://www.icoinpro.com/ and supposedly it teaches you how to trade cryptocurrencies. But the earn income tab is what really bothers me. I’m not sure if this site really teaches you to trade to actually earn, but seems like, from what I’m looking at that most earnings are from shilling the distribution link to get ppl to sign up.

So my question is, I’d like some opinions from some ppl here on 1.)Does anyone know of this site? 2.)Is it a scam or just a MLM? 2.)If someone wanted to learn to trade Cryptocurrency(Assume they are a total noob and don’t know a thing) Would this be something you would recommend people to sign up for? Or are there some better free resources that can help someone learn to trade better than icoinpro?
The question you should be asking yourself is how many people you know are ready to pay for a membership just to be learning how to trade cryptocurrency. Cause if you should register for that or become their affiliate, don’t expect anyone to be clicking on your links, no one is going to do that. Affiliate is not even a nice job these days, people don’t like clicking on strange links. And moreover, you don’t get paid until the person you have referred pays for their $99 worth membership program, which is paid monthly. Another thing I would like to say is that the site doesn’t look like a professional website to me… I don’t know for other people, if they see the same thing as me.
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