Welcome to this Coinmama review.
If you’re wondering if Coinmama is legitimate or a scam, you’ve come to the right place.
It’s good to do some research beforehand just so you don’t fall for the wrong product. It’s better to put in some time and effort researching something than lose money and time on something that doesn’t work. There are hundreds if not thousands of bogus products that do you more harm than good.
They will only waste your time and cost you money that you could have avoided by putting in the time for some research. As they say, it’s never too late, so it’s a good thing you’ve set aside some time for learning more about Coinmama.
Information overload is one of the main reasons why people fail online. They are overwhelmed by what they see in front of them. There are MLM websites that lure people in, then there are survey completion sites. There are investment sites that aim to multiply your money, there are other money-making platforms.
>> Click here for my #1 recommendation
There’s too much to choose from and this is where research comes in.
Here’s what we shall be covering in this post:
Some call Coinmama a scam and then there are some who call it legitimate. Coinmama works and can get the job done but there are better alternatives if you know where to look.
The learning curve is a bit too steep for most people, so it’s not best suited for everyone.
Affiliate marketing is a proven business model and that’s what I recommend to everyone because it’s beginner-friendly and costs little to nothing. The investment required is pretty much zero compared to most online businesses. If you’re looking to build an online business that is sustainable, you should consider affiliate marketing.
It will also stand the test of time if you wonder. Most models require you to put in a huge amount just to get started, but not affiliate marketing. You don’t even have to worry about product creation and inventory management either. We’re living in the digital age so there’s no need to promote physical products as digital ones pay better commissions.
You can opt to create your own products if you want to keep all the money or promote someone else’s products and get up to 80% commissions like with ClickBank products. There are several affiliate networks that you can use and then there are hundreds of different product categories.
What’s the best part about affiliate marketing? You can set your own working hours and work from wherever you like and live the dream – the laptop lifestyle.
Other business models also require you to have a sizable advertising budget where you need to put in thousands of dollars.
Here, you can start for free and make in excess of hundreds of dollars on a daily basis. This will come once you have gained enough experience. There are far better options than Coinmama.
Why Should You Stay Away from Coinmama
Although Coinmama may be legitimate, there are several reasons why you should consider an alternative instead. Selecting something that’s a little more guaranteed is the way to go as it’s the more sustainable option.
Most businesses fall into the following categories:
- Multi-level marketing
- Amazon FBA
These work and if you come across a legit platform, that’s a cherry on top. However, most of these require significant investment, and then again, nothing is a guarantee.
This is where affiliate marketing easily beats most of the other models out there. The overhead is low to none, and the learning curve isn’t that big. Even if you’re a newbie, you still can get hold of the basics and do well as an affiliate.
For the many reasons mentioned above, we can’t recommend Coinmama even though it can be legitimate.
What’s the Best Business Model
The answer is – any model that works great for you. I know this is not the answer you were looking for, but this is true.
Any business model can be the ‘best’ model for you as long as you get results.
For 90% of people, however, affiliate marketing is the model I recommend.
Why if you may ask?
Here are several reasons why I believe you should consider affiliate marketing:
- The costs are minimal – you can get started for free. If you have an ad budget, that’s even better as you can try paid traffic sources like Facebook Ads.
- The learning curve is small.
- You don’t need to have a product of your own.
- You are never married to a product. You can promote and sell whatever you like.
- Commission rates are higher especially if you sell digital goods.
- You don’t even need to have your own website (even though you would benefit from having one).
- You can get started right away and start promoting.
Unlike other businesses that have overhead expenses, this one is the best for most people.
Once you make some profits as an affiliate, you can always expand and diversify a little if you feel like it.
Is Coinmama Scam or Legit?
That brings us to the end of this Coinmama review. Coinmama is not a scam, it’s legitimate but you can certainly do better without it.
If you’re looking to build an online business and make money working from home, you should consider our top recommendation:
>> Click here for my #1 recommendation
This is easily the top recommendation we can offer to anyone. It’s time-tested and sustainable and you can get started right now. Once you’ve acquired the required knowledge, you can work from home and set your own hours, and eventually get rid of the dreaded 9-5.
What better way to fire your boss and eventually live life on your own terms? It’s more than worth it if you ask me. Taking in some time to acquire a new skill and using it to replace your old job, it’s a feeling you’ll absolutely love.
Unless you skipped straight to the end of this Coinmama review, you would already know the business model is affiliate marketing. It’s a proven system for beginners so even if you have absolutely zero experience online, this will work for you provided you put in the work. The question remains – will you take action and start now?
Learning a new skill and taking consistent action on it will only take you a few days or a few months or a few years at max. Isn’t it better than working all day long for the rest of your life? If you ask us, it’s worth it.
My #1 Recommendation – Can You Get Results
Yes, it does get you results. All you have to do is take action and it will work for you. If you acquire the required information and act on it, you will succeed, and that’s a guarantee.
On the other hand, not much will change if you acquire the knowledge and don’t do anything with it. All you need to do is move the needle; eventually, things will get better once you gain experience and learn from your failures.
Every business model is the same, and affiliate marketing is no exception. It’s just like any other business out there and the cold hard truth is that it will take some effort from your end to make it work.
Once you get the ball rolling, the fun begins. You will continue to make money all day long and sometimes even when you’re asleep. That’s passive income at its best. The snowball effect kicks in and will make your journey simpler as you progress.
Once it works for you, that will open many more options. You can use the cash and invest a portion into other business models that you’re fascinated by. Alternatively, you can go the investing route and try to grow your capital. Watching your money grow by itself is a sight to behold that you’ll absolutely love.
Now that may sound a bit too far-stretched but it can turn into reality if you put in the work. Nothing will work unless you do and that’s a fact. There are people who promote systems that promote push-button methods for making money online but those seldom work.
Think about it for a minute. If those actually worked, why are those methods being sold out there for pennies? Those are just shiny objects, and they won’t get you results. Those will make the product creator some cash but not you.
Give it a shot and you will not regret it.