Since the successful launch and worldwide acceptability of Zarfund last year, alot of people have been able to raise funds for business and personal use through bitcoin crowfunding platforms.
Also this has given birth to a whole lot of bitcoin crowding platforms such as litefunds, mybtclife, bitdonix etc that are based on models similar to the Zarfund.
Unlike traditional network marketing, where you will be required to sell products and refer downlines who are required to do the same before you can earn commissions, crowfunding models are unique and there is absolutely no products to sell. Usually, members get donations on a peer to peer basis.
Assuming Mr A Joins a Bitcoin peer to peer Donation Matrix Like Mybtclife that is based on 2x4 crowfunding model. Then He refers Mr B and Mr C as direct singups on His Level 1, they donate their upgrade fee directly to Mr A and vice versa for Mr B and Mr C when they also get their direct signups.
Even though some people have been successful with this bitcoin crowfunding platforms, awhole lot of people still find it difficult understanding this business model and have not being able to earn with it or enjoy the full potentials of this business models.
In this post i will share 3 secret tips any one can quickly apply to start making money with Zarfund or any bitcoin crowdfunding platform. The business model thrives on a simple concept of dupliation! Each member that joins the matrix has 2 simple task to perform.
Sign and upgrade by donating the required upgrade fee to your upline.
Refer the required number of people who will also donate the upgrade fee each to you.
The number of people you need to refer directly depends on the matrix type. For a 2x4 Matrix, you will be required to refer 2 downlines and a 3x4 matrix will require you to refer 3 direct downlines.
Once these 2 processes continues for each member, the team continue to grow and members continues to earn higher commissions as they move to the top of the matrix
This looks simple but from my experience, i've seen members that are able to achieve this within hours and it seems to take forever for some.
Also based on my experience i've tried to research the reasons why some people were able to get their signups fast while other can not refer a single person, even their personal best friends and family members!
So apart from the initial upgrade fee for any bitcoin crowdfunding platform, you need this 3 secret and important tips to be successful in the business model.
Genuine and Achievable Goal.
Willingness to learn and apply what you've learnt.
I've hardly seen anybody succeed in a business they are not passionate about. So you must be very passionate about your bitcoin crowfunding platform be it Zarfund, litefunds, bitdonix etc. This will make you want to know more about it and how to grow your matrix.
The Goal you want to achieve by joining the business model or any other business whatsoever has to be a genuine and achievable goal. You must want to achieve the goal and be ready to do whatever it takes to achieve the goal.
Willingness to learn is the last thing you have to do. Most people go into businesses without having any knowledge about the business and expect to be successful in such business ventures.
Bitcoin Crowdfnding Platform is not an exception. You have to learn the basis of how to refer new members and get the latest secrets from the team members that are currently doing well and get all the help you can from your upline.
How do you always feel when you see screenshot of top network marketers making money with bitcoin donation matrix?
Well for me, i feel always excited because i know matrix program works! At least those that are making money with it can testify to this.
If you are not making money yet with bitcoin donation matrix then you must be doing something wrong!
In this my post, i will tell you three reasons i have identified could be behind people not making money with bitcoin donation matrix.
1. The first reason i have identified is most people find it difficult getting their 2 downlines or referrals. Getting 2 people to signup under you shouldn't be a problem, but some people can not just figure out how to do this.
This is the most crucial reason for failure in bitcoin donation matrix. If team members can not get their 2 downlines each, then the team will not grow as fast as expected even though some team members might be able to refer more than 2 and send spillovers to downlines.
Every team leader needs to teach their downlines the basic concept of how to get the 2 downlines.
Having a specific marketing plan that can easily be duplicated can easily solve this problem and instead of your bitcoin matrix heading for failure, your team will grow stronger and each member of the team earn more btc.
2. The second reason you will not make any money with bitcoin donation matrix is failure to understand the compensation plan and eating your earnings. Most people fail with bitcoin donation matrix solely because of this reason. Because earnings goes straight to your bitcoin wallet, you might be tempted to spend it and find it difficult to upgrade to the next level.
To solve this problem, team leaders need to educate the members that you can only spend your profit on each level not the entire donations you received.
For example When you join mybtclife, you upgrade to level 1 with 0.003btc. Then you refer just 2 people who each will donate 0.003btc directly to your bitcoin wallet. Then you get 2x0.003btc = 0.006btc. If you make mistake of spending your 0.006btc then you will find it difficult to upgrade to Level 2.
On the other hand if you keep the 0.006btc and upgrade to level2 with 0.005btc. You will be left with 0.001btc. This is your profit for Level1 and you can spend it with out affecting your matrix upgrade fee.
3. The last but not the least reason you will not make money with bitcoin donation matrix is failure to upgrade to the next level.
I've been in this industry for some time now and i have experienced this in some matrix. Majority of people joining a matrix has one specific aim and that is let me get my money back! Some once they get their initial upgrade fee back then then will not want to upgrade to the next level. This is not healthy for a bitcoin donation matrix because it's only when you upgrade that you can get higher earnings.
Not upgrading to a higher level when you have received all the donations from a particular level means you are actually losing money!
For example Mybtclife is a 2x4 matrix.
You signup and upgrade with 0.003btc, You refer 2 and earn 2x0.003btc = 0.006btc
You Upgrade to Level 2 with 0.005btc and earn 0.005 x 4 = 0.02btc. If you refuse to upgrade with 0.005 then you will not earn 0.02btc. You see that you are actually losing by not upgrading!
What is required for a bitcoin donation matrix to be successful and for you to make money with it after doing those above 3 reasons is patience and discipline. If you are patient and disciplined and so does other team members, You will surely make moeny with bitcoin donation matrix.