Most people do not really understand the NovaTech FX business plan which is an affiliate referral program and investment opportunity, and how it is remarkably different from all traditional MLM Multi Level Marketing and Network Marketing business plans.
After working with a few of the biggest names in the MLM and Network Marketing industry over the past thirty years and now as a member of NovaTech FX I would like to point out some of the most important differences that set NovaTech FX apart from traditional multilevel marketing MLM companies and network marketing companies.
Here is a quick summary of the top 15 ways NovaTech FX and traditional MLM or Network Marketing companies differ:
|1. Is there a cost to sign up?||No||Yes|
|2. Is there a monthly minimum spend to earn income?||No||Yes|
|3. Does the company have many products to learn?||No||Yes|
|4. Do you need to spend time helping people choose and order product?||No||Yes|
|5. Does the company have an ethical and inspiring mission?||Yes||Yes|
|6. Is there some risk the company could go away?||Yes||Yes|
|7. Is there a chance your investments or money you send company will 10X or 100X?||Yes||No|
|8. Does the company have only one product?||Yes||No|
|9. Do you earn ongoing profit on all personal purchases?||Yes||No|
|10. Do all the purchases your customers make accumulate and grow?||Yes||No|
|11. Does the money you send the company accurue and create a nestegg?||Yes||No|
|12. Can a customer purchase $100,000 in BV in one day which you get paid on monthly until they withdraw?||Yes||No|
|13. If customer do not order any new product do you still earn?||Yes||No|
|14. Do you get paid on 100% of customer spend not reduced BV figure?||Yes||No|
|15. Can you spend the money you buy product with on bills if you get tight on cash?||Yes||No|
If you would like to learn more about the NovaTech FX investment opportunity or the optional passive income referral program, please fill out the Contact form below and someone will follow up to answer questions. You can also watch a video about the investment opportunity and the trading program here: NovaTech FX
If you are interested in more specific detail on the differences between and MLM or network marketing company and NovaTech FX please continue reading.
NOVATECH FX VS MULTI LEVEL MARKETING MLM
Many people have asked me about NovaTech FX and expressed uncertainty or concern because they have either struggled with an MLM experience in the past or have a general dislike for the traditional MLM concept. So, I thought I would break down some of the key difference as I see them and the reasons why I decided to get involved with NovaTech FX.
The information shared in this post is not to be considered as financial advice. As members of NovaTech FX, we are not financial advisors, and we are merely sharing our personal experience of this opportunity. There is no guarantee that you will experience any of the same results.
1. IS THERE A COST TO JOIN NOVATECH FX
There’s no cost to open an account or start a referral business with NovaTech FX. In most other MLMs that I’ve researched or been a part of, there is some type of hard cost and upfront fees to get involved in the business. With NovaTech FX, all it takes is a simple Bitcoin deposit of about $300 to $500 and after 30 days a monthly trading administration fee of $25.
You can withdraw your Bitcoin anytime you want with minimal fees, no delays and no challenges. If you need money or no longer want to be a part of the company you just take your Bitcoin back, plus whatever growth you’ve earned in Bitcoin from the daily trading results.
2. IS THERE A MONTHLY MINIMUM SPEND TO EARN INCOME?
One of the next questions is often “Is there a monthly minimum spend to earn income”? In most MLM companies, you need to spend a minimum amount of money every month to reach a certain threshold in order to qualify to earn downline bonuses.
In NovaTech FX, there are no monthly minimums. You deposit Bitcoin initially to open the account with any amount you are comfortable with and then add more if and when you want to increase your returns. You have the option to just put Bitcoin in one time, let is grow with time and never add any more without the stress of another monthly commitment beyond the $25 trading fee. That was really appealing to me.
3. DO YOU NEED TO SPEND TIME HELPING PEOPLE ORDER PRODUCTS?
Another common questions is, do you spend time helping people order products? In most network marketing companies and MLMs, a lot of the time is spent coaching people on what products to buy and why to buy them, making adjustments and changes to product ordering, etc. and coaching customers on nutrition. I realize a lot of people thoroughly enjoy it and that’s why they do it. That’s why they get involved in their MLM, because they love talking about nutritional products or whatever it the company sells.
For me, that’s not what I like to do. I like to help people make money and find financial freedom. I do not want to spend a lot of time being a nutritional counselor when I’m not qualified to do it and that is why NovaTech FX is a good fit for me.
4. DOES THE COMPANY ONLY HAVE ONE PRODUCT TO LEARN?
“Does the company have only one product you need to learn”? In NovaTech FX there’s one product. It’s Bitcoin and there’s not a whole lot to learn about it. You can if you want to but you do not need to know a lot about Bitcoin to be involved in the business.
In MLM, generally there are multiple products. And in some cases, like Amway and Herbalife, there are massive catalogs of products and they are always introducing new products that you need to study, learn and promote.
5. DO YOU EARN ONGOING PROFIT ON ALL PURCHASES?
Do you earn ongoing referral bonuses on all purchases or just the initial deposit? Yes, in NovaTech FX you earn ongoing daily trading profits on all Bitcoin that you deposit into your account plus you earn bonuses on Bitcoin deposits from anyone that you introduce to the business. Whether they just deposit their Bitcoin or they become a business builder and refer hundreds of people, you earn bonuses off of all of their Bitcoin deposits.
In my experience you do not earn ongoing commissions on purchases in traditional MLM and Network Marketing companies. Generally, people have to reorder and buy more product. When someone buys a box of shakes, you get your commission on it. You never earn any more commission on that box of shakes. NovaTech FX is unique and so attractive in this way. You earn ongoing residual income every week on the initial Bitcoin deposit and any additional Bitcoin deposits. It’s very exciting and inspirational.
6. DO PURCHASES YOU MAKE CREATE A NEST EGG?
“Do any purchases you make create a financial nest egg?” With MLMs, no. Maybe you’re building a residual income or you might have a really nice ongoing client customer base but you do not have a nest egg. With NovaTech FX, you put Bitcoin into your account and it compounds daily and continues to grow from the daily trading profits. If over time the price of Bitcoin goes up, your nest egg continues to grow and this is something that was really interesting to me when I first reviewed the opportunity with NovaTech FX.
I wanted to grow my financial nest egg and I like to help other people build their retirement funds and retire with dignity, financial freedom and peace of mind. That is something that I can do in NovaTech FX that I could never do in MLM.
7. IS THERE A CHANCE YOUR PURCHASES WILL 10X OR 100X?
In a traditional MLM, obviously that’s not going to happen. There are a lot of people a lot smarter than I am that believe for sure Bitcoin will 10x and many others believe it will 100x from where it is right now. Bitcoin is approximately $35,000 today. It could go to $100,000 a coin easily and many people are predicting a million dollar Bitcoin price a decade or two from now.
That possibility is really exciting for me. You put your Bitcoin in and as you wait and as you work on other projects or growing a NovaTech FX referral business your Bitcoin grows. It could grow exponentially just like Apple, Amazon, Microsoft, Google, Tesla or any of the others that have 100x or more for their shareholders. I do not know about you but I remember distinctly discussing Apple in our family kitchen when it was trading at $11 a share. We all used Apple computers and loved them but not one person in my family bought any shares of Apple at that price. NovaTech FX and Bitcoin offers you a chance to possibly be a part of the largest transfer of wealth the world has ever seen.
8. CAN A CUSTOMER BUT $100,000 IN B.V. IN ONE DAY?
“Can a customer buy $100,000 in Business Volume or B.V in one day?” This is probably one of the most important aspects that separates NovaTech FX from traditional MLM opportunities in my opinion. In MLM, it will never happen. Unless you are selling Bugatti’s, and I have yet to see a Bugatti MLM or a Ferrari MLM, there is no way that one customer can place a $100,000 order in one day. With NovaTech FX, I’ve already seen it happen a number of times. I’ve already seen someone open an account at NovaTech FX with $100,000 initial Bitcoin deposit. Another opened an account with $40,000 and then added another $40,000 in Bitcoin a few months later. This allows for exponential growth that I personally never experienced in a traditional MLM.
9. DO YOU GET PAID RECURRING BONUS ON ALL PURCHASES?
With a traditional MLM, when someone becomes a customer and purchases a piece of jewelry or some essential oils or whatever it is, you receive a commission. And that’s pretty much the end of it unless they reorder or they sign up for a service with an ongoing monthly charge. But even with that as soon as they stop paying that monthly charge your commission ends.
With NovaTech FX, and again this is really important, when someone you personally refer deposits $10,000 in Bitcoin, you make commission off that $10,000 in bitcoin every single week as long as they do not take it out of their account. Just off one initial investment you get paid every single week. As that $10,000 in Bitcoin compounds and their Bitcoin grows and the price of Bitcoin goes up, your commission goes up. Again, this is mind-boggling! It is so different and so incredibly powerful.
10. DO YOU GET PAID ON FULL CUSTOMER PURCHASE AMOUNT?
In my experience, most MLM and network marketing companies pay their members commission on a reduced amount and not the full sale price. It’s called “Business Volume or B.V for short and it can be anywhere between 50% or 80% of what customers actually spend or deposit. With NovaTech FX it is 100%. You get paid in full on the entire customer deposit and any subsequent deposits.
11. IF CUSTOMERS STOP ORDERING DO YOU STILL EARN?
In MLMs the answer is generally no. If a customer stops ordering, they don’t flush out of your business, they don’t go away, but if they don’t order you don’t get paid. In NovaTech FX, if they stop ordering, or in this case do not add any new Bitcoin you still get paid every week.
12. CAN YOU USE THE DOLLARS YOU BUY PRODUCTS WITH TO PAY BILL?
“Can you use the dollars you buy product with to pay bills at a later date in an MLM?” This is one of the most amazing and powerful aspects of NovaTech FX that separates it completely from traditional MLM and network marketing opportunities.
When you buy $500 worth of protein shakes or $1,000 worth of essential oils, you do not have the option to use that money to pay bills if you get short of cash. With NovaTech FX, you deposit Bitcoin and at any time you can take your Bitcoin out and pay bills. The primary goal and the brand promise of NovaTech FX is to grow your Bitcoin and there is a strong pull to save or hodl Bitcoin. Because of the monthly trading profit and the potential for massive upward movement in the price of Bitcoin there is an incredible pull to save that is completely counter to the incentive to save in most countries including the US.
But with NovaTech FX if you ever did need some extra cash to pay bills or a medical emergency you can withdraw some or all of it at any time and convert back to fiat currency or move it to a company that provides loans against Bitcoin, This avoids the need to track and pay capital gains tax on the sale and potential loss in future gains in the Bitcoin price. Minimal withdrawal fees, no penalties and no delay.
13. DOES THE COMPANY HAVE AN ETHICAL AND INSPIRING MISSION?
Most MLMs that I know about have a very inspiring mission. They help millions of people earn an additional income and some the ability replace their job so they can work at home and be with their families and live the life that they dream. Many MLM and network marketing companies support charities and sponsor sports teams and donate money to initiatives they are passionate about. It is all really good.
NovaTech FX is doing many of the same things already. It is inspiring to be a part of a company that is dedicated to banking the unbanked and ending poverty in the world and many other worthy causes beyond financial freedom.
WE HELP PEOPLE EARN WEEKLY RESIDUAL INCOME
At Crypto Dreams we help individuals and small business owners, non-profits and institutions we are passionate about and individuals earn $30,000 to $50,000 per month in ongoing residual income and retire with financial peace of mind and dignity.
If you would like to learn more about the NovaTech FX opportunity or the optional passive income referral program, please fill out the Contact form below and someone will follow up to answer your questions. You can also watch a video about the Bitcoin trading program here. NovaTech FX
We also have a super simple 5 Step Process which makes it easy for people that have never purchased a single Bitcoin to join NovaTech FX. You can also simply Open Account here if you know you are ready to grow your Bitcoin.
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