What Is Diamonds Capital – Big Money Or Crypto Scam?
You’re here because you want to know What Is Diamonds Capital. If you’re looking for a genuine, no-nonsense brief Diamonds Capitals review, you’ve arrived at the right place. Diamond Capital is a fast-growing MLM scheme that recently came to my attention. I decided to check out its details to see whether it was a scam or legit. We’ll be taking a look at this cryptocurrency MLM to help you make an informed decision. Keep reading to learn more.
What Is Diamonds Capital – Company Review
This company’s specialization pertains to the cryptocurrency multi-level marketing niche. CEO Robert Clarkson, shown in the picture above, handles the management of the company. The official website proclaims him to be an acute mathematical analysis specialist and a Doctor of Mathematics and Physics.
Clarkson’s name doesn’t pop up anywhere else on the Internet, making his credentials highly suspicious. The website does display an official UK incorporation certificate with the date of incorporation being September 2, 2019. While UK incorporation might seem impressive at first glance, it’s quite cheap and easy to obtain. UK incorporation doesn’t exactly scream ‘credibility’.
After going through their marketing materials, I’ve concluded that this whole company is managed by a team in Eastern Europe. However, it’s quite obvious that “Dr. Robert Clarkston” is an actor. This sales video is a joke. The actor playing “CEO Robert Clarkson” has his voice overdubbed. The movement of his mouth and the words spoken are out of sync.
What is presented is a terrible voice-over job and is laughable. You can click here to see the video for yourself. There are also several videos of paid actors in rented office spaces on the company’s social media channels. This is how they’re attempting to establish credibility among the gullible.
It might interest you to know that the domain link ‘diamonds.capital’ was registered fairly recently on August 15, 2019. All details have been set to private, except for a UK-based address. It’s doubtful whether this is a genuine address or not. At this point, the company is very suspicious. Let’s take a look at the products offered by Diamonds Capita.
Diamonds Capital Products
Although Diamonds Capital doesn’t offer any retail services or products, individuals can sign up to become one of their affiliates to promote membership and earn commissions. Members can make investments to earn passive income with guaranteed returns as well. This is a huge red flag when there are no retail products sold to the general public and the only source of new revenue is money from new people signing up. When this is the case, this makes the company a glorified Ponzi scheme, which is illegal in most countries that regulate financial institutions.
Diamonds Capital Compensation Plan
Let me be clear on something: many of my colleagues will give you detailed compensation and commission information on their review blog knowing the program is a SCAM. Why would I want to waste your time on compensation and commissions when we’re dealing with a SCAM? What is the point of it? I don’t want you, my readers
Back to my Diamond Capital review. All Diamond Capital affiliates need to invest money, either in the form of US Dollars, Ethereum (ETH), or Bitcoin (BTC), on which they are paid returns averaging between 1.5% – 3.5%.Diamond Capital offers 3 different plans: the ETH Funds Plan, the USD Funds Plan, and the BTC Funds Plan.
Referral Commissions And Cost To Join
Affiliates can earn referral commissions, thanks to the company’s uni-level compensation program. Uni-level compensation plans place the affiliate at the very apex of the uni-level group structure. Every affiliate who has been personally sponsored is categorized under Level 1.
When Level 1 affiliates bring in new affiliates, the newcomers are categorized under Level 2. When Level 2 affiliates bring in new affiliates, the newcomers are categorized under Level 3. The affiliate’s rank within the company determines his or her base commission rate. Affiliates are paid base percentages, based on the amount of investment made by their personally sponsored affiliates. They’re also coded, meaning that a 25% commission is paid on investments across the uni-level downline. The minimum investment you need to make in Diamond Capital is as follows:
- 1 ETH; or
- 0.01 BTC; or
- $20
Diamonds Capital Review – Final Verdict
Is Diamond Capital a scam or is it legit? They claim to own a proprietary trading bot that generates the revenue used for paying out returns. Also, they claim that this bot carries out automatic trading operations daily and is capable of delivering 3.5% returns per day. However, this claim is rather highly suspicious – even the most skilled traders don’t make that much.
You should note that 99% of all these cryptocurrency MLM companies claim to have a magical bot helping them to make money on trades. Just think about it logically. If any person or entity had an automated trading bot capable of making 3.5% in daily profits, affiliates are the last thing they need. It is just another common Ponzi scheme.
Once the number of affiliates starts to dwindle, the company and its owners will quietly walk away with the hard-earned money of the investors. My recommendation? Run far and fast from Diamond Capital. You’re better off burning your money than investing it here.
Diamonds Capital is similar to other scam cryptocurrency multi-level platforms I’ve reviewed on this blog such as:
However, there’s one issue I need to address. You’re reading this post because you’re trying to find a way to make money online. The problem is this: SCAM programs like Diamonds Capital saturate the internet. These cockroach scammers take advantage of gullible people who they know are either too lazy or too reluctant to do the work necessary to create a substantial income.
Here is an indisputable fact: If you want to make a life-changing income, the kind of income that can provide you with a dynamic life filled with wonderful choices, you are going to have to learn how to leverage the power of the internet.
Warning: The RED Flags of Schemes and Scams Online
It would be best to watch out for these things with multi-level marketing companies, as they are red flags you should not ignore. Taking note of these eight signs can save you considerable time and money.
- A FREE Trial Is NOT Offered By the Company
This is a big one to look out for. Most information products are worthless, and if you could jump directly into those products and “try them out” before you had to invest in them, you would never invest in the low-quality substance. That is why they hide behind a payment. If their information is so good, should they not prove it by giving you a taste of it?
2. Companies That Don’t Clearly Outline Pricing
If you go to a sales page for a product and they don’t disclose the price clearly, you will likely get “duped.” Any legitimate company will offer clarity on pricing and have a pricing page on their website. MANY companies in this industry HIDE their pricing; it is unethical, and it will almost certainly scam you. Also, if the company charges hundreds or even thousands of dollars for their products or for joining their business “opportunity,” it should be of concern.
3. MLM Companies That Use Video Sales Pages / Squeeze Pages
If you visit a “sales page” and the only thing you see on it are exaggerated claims of quick money, this is almost certainly going to be an expensive, overpriced scam. This is a marketing tactic used to HIDE pricing but also to hide the product itself. They typically ask for your email or a small payment, and then you are going to be put through an extensive and expensive sales funnel.
4. Companies That Don’t Have a High TrustPilot Rating
Diamonds Capital does not have a Trustpilot rating. TrustPilot is the place where you should be going to get real consumer reviews about products/services that you plan on buying. If a company doesn’t exist on this website or has a rating lower than 4.5 out of 5 stars, then you may want to second guess it, and there are going to be better programs and services available.
5. Multi-Level Marketing Companies That Sell “Riches” Without Telling You the Process
If you are being pushed by the idea that you are going to be “rich” or that you’ll be able to “make money in a short period ” without telling you what you will be doing to earn this money (in a specific way), then they are selling the “sizzle”…and chances are there is no “steak” after you make your purchase. Avoid programs these types of programs like the plague.
6. Companies Without an Easy Way to Contact Them
If you don’t have a direct way to contact the administrators of Diamonds Capital to answer questions about their program, then they are hiding behind something. That is the first clue, and I recommend you test it. If the company has an email address, email it. If you don’t get a response within 48 hours at most, then that is probably the sort of help you can expect in the future.
7. Companies That Don’t Offer Direct Access/Communication with the Owners
Who owns Diamonds Capital? Can you get help and/or communicate with them directly? If NOT, then this program is more than likely in the business of taking your money. CEOs in the opportunity world who are not willing to directly communicate with their customers have a “too good for you” mentality, and they should be avoided.
8. Companies That Are Just “Information”
If they are just providing you with “ideas” about how you could create a business without offering you all the tools, services, and levels of ongoing support that you need to succeed online, you are going to have a tough time succeeding. Many companies charge you for their information and then tell you that you need to purchase all sorts of stuff to use the techniques taught.
When you look at the evidence, multi-level marketing platforms like Diamonds Capital are not business opportunities you want to get involved with!
However, there is a better way to build a sustainable, profitable online business. There is a platform used by thousands of successful online marketers who have learned how to turn their yearly income into their monthly income! Introducing Wealthy Affiliate, The Industry Leader in the Online Business Space…
- Wealthy Affiliate (or WA for short) Offers a Free Trial
- WA Offers Clear Pricing
- WA Offers a comprehensive website
- WA has a High TrustPilot Rating
- WA is not a get-rich-quick scheme
- WA offers a clear way to contact the company
- You can contact Kyle & Carson directly
- WA offers tools and support
(1) Companies That Don’t Offer a Free Trial.
This is one of the key reasons that I want to introduce you to Wealthy Affiliate. You can get a “test drive” to Wealthy Affiliate, but that doesn’t end, and there is NO credit card requirement. This is their Starter membership, and it includes more than any paid product I have seen in this industry. Here are just a few things that you get within the COMPLETELY FREE Starter membership.
- One Free Profit-Ready Website (Hosting Included)
- Getting Started Training, 10 Full Video Lessons
- 7 Days of Full Mentorship & Expert Help
- Communication Directly with Kyle & Carson (the founders)
- Keyword and Market Research Tools
- The Affiliate Opportunity Platform
- Ability to Network with Millions of Fellow Entrepreneurs
- 100’s of training resources
- And Much More!
(2) Companies That Dont’ Clearly Outline Pricing.
Wealthy Affiliate’s pricing page clearly outlines three available memberships: a Starter membership (FREE), a Premium ($49/month), or a Premium Plus+ ($99/month). There are no upsells and nothing more complex than this. You are not obligated to upgrade, but if you do decide to, you can run a million-dollar online business utilizing the platform and tools that Wealthy Affiliate offers.
(3) Companies That Use Video Sales Pages / Squeeze Pages.
Wealthy Affiliate offers a comprehensive website where you can learn more about the exact process of building an online business and all of the platforms, technology, and services involved that are offered to you as a member. This includes a thorough outline of WA’s education, hosting, website, domains, community, and success elements.
(4) Companies That Don’t Have a High TrustPilot Rating.
WealthyAffiliate.com has a 4.8 STAR rating on TrustPilot. The owners personally get back to every comment, and this leads to the industry. It is tough to achieve a rating like this in any industry, let alone the make-money-online niche.
(5) Companies That Sell “Riches”.
One thing you will not hear from Wealthy Affiliate in any of their training or marketing is “get rich quick.” The reality is that to build a business, you first have to build a solid foundation and understand it. Wealthy Affiliate provides you with the tools, training, and platform you need to create a business of any size online (even million-dollar websites), but you must be realistic about the process. It will take some hard work and dedication.
(6) Companies Without an Easy Way to Contact Them.
You can contact Wealthy Affiliate directly from their website without being a member. They have a contact form, and the owners freely share their email addresses if you ever need to get in touch with them or have any questions. They are kyle@wealthyaffiliate.com and carson@wealthyaffiliate.com. Feel free to reach them directly if you have questions, and of course, as a member, you are going to have access to them within the community. Which leads me to…
(7) Companies That Don’t Offer Direct Access/Communication with the Owners.
Wealthy Affiliate is the most transparent company in the space and offers you access to Kyle and Carson, the founders, directly within the community. If you want help from them directly, just ask. You can even access them for their help and mentorship within the first 7 days of the Starter membership…so without paying a dime, you can access both of the owners directly!
(8) Companies That Are Just “Information”.
Many things are required to build a successful business online, and Wealthy Affiliate includes all of them. To build an online business, you need a website, top-tier hosting, marketing and research tools, ongoing education of the latest marketing strategies, writing tools/platforms, and a way to find the TOP opportunities online. Not to mention support, mentorship, and expertise. These are ALL things that Wealthy Affiliate provides you with any level of membership, equipping you to create, grow, and manage a business of any level online.
No other company in the industry offers a free “test drive,” as they likely don’t have the confidence that someone would purchase a trial. WA gives you access to its platforms, websites, hosting, research tools, community, and support within the free membership…so there is ZERO risk, and you can make a decision if you ever want to purchase a premium membership.
Leverage The Power Of The Internet So You Can Learn How To Make Money Online
Instead of getting sucked into another questionable “business opportunity” or scam, you should take a look at my “no. 1 recommendation” Wealthy Affiliate. The platform I highly recommend helping you to learn how to make money online has everything you need, all in ONE place for one reasonable price.
My recommendation below is by far the highest value, most cost-efficient way to create and grow an online business in 2020 and moving forward. If you have struggled for years to build a successful business online or feel that you don’t have the “full picture.” Click on the banner below and get more information so you can start building a REAL business that can help you make a life-changing income for years to come. You can even start an account for FREE!
Talk Soon,
Howard