Company Name: My Cycler
Company Website: mycycler.com
Company Owner: Manos Sergakis
Type Of Program: Cycler
Cost To Join: $10
Overall Rank: 1/10 stars
Cycler’s have been around for quite a few years now and I’m starting to see these types of programs popping up all over the internet. It seems like as soon as 2 or 3 get shut down, there are 10 more there to replace them.
If you aren’t exactly sure what a cycler is, this is where you’ll need to recruit other people into this scheme and make direct payments to your sponsor.
This will get the cycle going and in order to move up, you’ll need to recruit other people.
This program doesn’t officially launch til this weekend so I thought I would write a thorough review for you guys so you don’t lose any of your hard earned money on this scheme.
Yes, I said Scheme!
What Exactly Is My Cycler?
A Ponzi Scheme hiding behind an advertising platform! To be quite honest with you guys, that’s exactly what this is and these kinds of programs were created for one reason and that’s to steal your money.
Many years ago, I got wrapped up in cycler’s and I ended up losing several thousands of dollars as a result.
If you’re familiar with how PTC sites work, then you should have a pretty good idea of how this program works within a few minutes of getting started.
How Does It Work?
In a nutshell, you’ll be paying for a position and like I said earlier, you’ll need to recruit people in order to move up to the next level.
Once you pay the initial $10 admin fee you’ll be entered into the system which is 5 levels deep and consists of 24 positions.
Each level requires you to sponsor 5 people and before you can cycle you’ll need to advance through all 24 positions.
They claim that you’ll start receiving unlimited $50 payments once you cycle but this is a whole lot easier said than done.
For A More Detailed Look At How This Works Take A Look At The Screenshot Below!
Don’t feel bad!
I was the same way when I first started my research on this program. It took me a few minutes to get an idea of how this works and how many positions I would have to gain before I was able to qualify to receive these $50 payments that I heard so much about.
You’ll also receive 1 ad pack when you join which can be used to get clicks to your website. This also includes a set of videos, e-books, and everything you’ll need to promote this scheme to the next person.
Are You Sick Of Low Quality Programs Like My Cycler? Looking For Some Quality Training On How To Make Money Online? Click Here To See What I Recommend!
Here’s What I Liked About It
- Low start up cost
Here’s What I Didn’t Like About It
- Set up like your typical Ponzi Scheme with a twist
- Borderline illegal
- Paypal Won’t Accept Them
- Requires you to recruit other people in order to make money
- No tangible products
- Many typos and grammar errors on their sales page
How Do You Get Paid?
There are 4 different payment processors you can use to cash out your earnings and request a payment and I will list these for you guys below!
- Solid Trust Pay
Once you cycle and qualify to receive $50 payments you can choose from the list above and request a payout.
Is My Cycler Just Another Clever Scam Hiding Behind An Ad Platform?
In my honest opinion, I would have to say yes. I’m sure there are other people who would disagree with me and that’s perfectly fine.
Some people seem to do well with these types of programs and they see nothing wrong with getting their friends and family involved in a scheme.
To Each Their Own!
I’m simply providing you with the facts and the vital info needed for you to make a sound decision as to whether this opportunity would make a good fit for you or not.
What you do with it is up to you.
These type of programs never seem to last more than 6 months to a year and before you know it they get shut down and people flock to the next one.
I see the same thing happening with this one and this is definitely not the way to get started online.
Starting a business online requires lots of hard work, dedication, and you must be willing to think long term.
This also requires a strategy and the right training to be successful.
It doesn’t require you to recruit other people into a scheme, and you also won’t be required to gain levels or buy positions in order to make money.
Instead, you’ll be learning how to build a business around a hobby or interest of yours and earn a full time living doing so.
Does this sound like something that interests you?
If so, then I would highly recommend you check out my #1 recommendation for all the details as well as a way for you to get started for free.
I really hope this review has given you guys an inside look at what you’ll be doing if you would decide to join this program.
Have you already bought your position and are you ready for this to launch this weekend? Perhaps you would like to share any personal feedback that you’ve had with this company so far.
I would love to hear all about it as well as answer any further questions you may have in the comments below.
Until Next Time!