iCoin Market Review – Another Scam?

iCoin Market is a new cryptocurrency opportunity that I’m reviewing today. I just got done reviewing a very similar opportunity known as iCoin Pro so it’s interesting that this one that looks near on identical has popped up.

Anyway I’m sharing all the details below and my full review and giving you my honest thoughts and opinion regarding this new opportunity.

Before I start…

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What Is iCoin Market All About?

It’s strange that I am writing a review as I literally just gone done on a similar named opportunity. It makes me wonder whether these opportunities are linked or whether they are separate and 2 different people just had the same idea. Anyway iCoin Market is essentially an opportunity built around cryptocurrency and to make money you just need to sign up and deposit some money and the kind people at iCoin Market will invest it for you.

I don’t know whether it’s false scarcity or whether it’s real but iCoin Market claims that it will only be open for the next 30 days or so. Basically it’s in a pre-launch phase now and you need to get in and then when they launch they will close the doors and it will be over. If you didn’t join during that period then you will have missed out and you won’t be able to get in.

I’ve seen a few people promoting this opportunity and my guess is that basically they will pile a few 1,000 people into their downline, hope that these people go and invest money, and then they will earn money on them too. Chances are that they will earn money in the form of cryptocurrencies because that’s basically how all of these new opportunities are working. You refer people much like you would in an MLM program and then you get paid in say bitcoin for example since that’s the most popular cryptocurrency.

Is iCoin Market A Scam?

Honestly I don’t know. I mean it looks an awful lot like a ponzi scheme to me. How do we know that the money going into this is actually being invested into cryptocurrency to make the returns and that your % returns aren’t simply coming from new investors joining. I guess we don’t really know and it’s far too early to judge whether this is the case or not.

Since iCoin Market literally just launched, or well just went into pre-launch because it hasn’t even officially launched yet so there is no clear way to know what is happening and whether this is a legitimate opportunity or just another scam but let me give you my honest opinion.

Are you a professional MLM recruiter? In other words can you join and opportunity and make a fortune by recruiting others? If you’re like most people then I would assume the answer is no.

And that basically leads me onto my point which is, unless you are a pro at recruiting others you might as well just invest in cryptocurrency direct and learn how it works, what you should invest in and go from there.

It’s still an extremely new market, there are no real “experts” to be quite honest and if you do your research right and pick the right coins then you can make money. Investing in something like iCoin Market in my honest opinion seems a little risky because who knows what the results will be. Literally these guys could invest your money into some dodgy coins and you could lose all the money you put in. And there is literally no way for them to know if that will happen or not because it’s so new, literally nobody knows.

I have friends involved in cryptocurrency who have 6-figures in the marketplace and have made plenty but even they don’t really know, they are riding a wave right now and anything could happen.

iCoin Market – Conclusion

I’m not going to recommend iCoin Market because to be honest I see it as a lottery. Do you really want to leave how much money you can make up to chance.

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