Were you approached by someone on the social media trying to get you to join Gold Rush Cash? If it is yes I wouldn’t be surprised because that is what is trending now for many folks. Virtually the entire internet has the Gold Rush Cash name on it because people are promoting it right, left and center and now you are wondering if this is truly an online income opportunity or yet another scam.
First, it is wise to ask questions about any online scheme you want to join especially when you have to invest a certain amount of money in it.
I would also like to let you know that I am not an affiliate of Gold Rush Cash neither do I promote it in any form. Therefore, I am an independent reviewer of this scheme and I will be objective and bring you all the information I was s able to find out. By the time you are done reading this review you will be able to make an informed decision.
What is Gold Rush Cash all about?
This is the umpteenth MLM website without product line that I am reviewing. They are practically everywhere and this is the more reason why anyone should be careful before joining. The Gold Rush Cash is an MLM scheme with the usual characteristics of its kind; no background information as to who is running or managing the website. This is really pissing me off because they treat their audience like a piece of ATM where they can always make money from.
Well, in an attempt to get more information about the owner I checked the domain registration and found out that it was registered sometime in April 2017 but that was about the information I could get because the registration was done privately thereby concealing the info of the person that owns it. You don’t think we have the right to know who is behind a website that is selling us something. I think we definitely do, but some people would just throw caution to the wind and still go ahead and do ‘’business’’ with such website.
So, for the fact that Gold Rush Cash and the likes of it don’t have background info is a totally turn off for me, and don’t know about you though. Moreover, remember that Gold Rush Cash doesn’t have any product line that it would call it own or even the one it is affiliated with, which makes it different from the conventional pyramid called MLM.
Gold Rush Cash Compensation
This is the part Gold Rush Cash tried to spice up on their web page in order to make people participate. They claim to use the 4 level 2×2 matrix systems for compensations or commissions. The least amount for purchasing a position on the matrix system is $100 where the participant will be recycled into the next level upon completing the first level.
Below is how it works.
- Level 1- A member invests $100 and receives $400, but he keeps $100 and $300 goes to the next level
- Level 2- A member invests $300 and receives $1200, but keeps $700, and $500 goes to the next level
- Level 3- A member invests $500 and receives $2000, but keeps $1000 and $1000 goes to the next level.
- Level 4 – A member invests $1000 and receives $3900, but keeps $3800 and $100 goes to a level where he will repeat the loop all over again.
Funny enough there is no information as to referral program which I found rather abnormal.
How Much Does it Cost to Become a Member?
To become a member is completely free but you need to invest $100 in order to become active and earn commissions.
Is Gold Rush Cash a Scam?
There are telltale signs that Gold Rush could be somewhat a scam because of the reasons I listed above. Aside from the fact that the owner has chosen to remain anonymous, there is also a concern concerning how this ‘’huge spillovers’’ the Gold Rush Cash brag about. First, they are not selling anything, yet they promised members to invest only $100 to up making well over $3800 after complete the full matrix. If anyone can ever make that kind of money in reality, then the people that would join later would be the ones to pay for all that because they are going to lose.
And this ‘’later people’’ could anyone, it could be you!
From my own view and opinion, the person that usually benefits most from this type of scheme is the admin/owner because he is the one that set up the system and there should be a way he can be funding his own coffers from people’s investment from the website. The other person that may benefit is the early participant who will be lucky enough to go through the matrix without a hitch.
But do you really have to worry all about that? Or do you think is worth trying? However, I have an idea and that is to introduce another means of making money online legitimately. If you are ready and willing to work and build your own online business then I guess this is for you and that is affiliate marketing. I don’t know if you have tried doing something like that and failed but I promise you that Wealthy Affiliate University will have your back for success if you try this time.