An honest review: What is Gold Tinkle? Is it a scam? Genesis Business Group is a Multi-Level marketing business and the Website Domain is goldtinkle.com. With so many online scams nowadays it is always best to use your due diligence. There are no hard facts to support the money-making claims of Gold Tinkle so keep reading if you don’t want to be hit by any more scams. Genesis Business group is based in Kuala Lumpur Malaysia.
This Genesis Business Group has no retail products or services and affiliates are only able to market Genesis Business Group affiliate membership itself. Gold Tinkle claims you can earn money by doing some simple tasks. Genesis Business Group pays referral commissions via a uni-level compensation structure. Genesis Business Group keeps 20% of the 15% monthly return. The remaining 10% is used to fund the company’s compensation plan. The Class themselves also as Financial Consultants-Educational Consultants.
- Recommended: NO
Quick Summary.
- Owner: David Cheng
- Website: goldtinkle.com
- Who is it for?: For the owners themselves.
Aimed at those who want to Earn Money Online, Work From Home, Those who are interested in MLM, Affiliate Marketing and Trading.
Working From Home Is not as hard as you think. All you need is the right training. Nowadays setting up any online business sounds daunting but as long as you have a safe platform to work from. One that will not rob your money. Steal Your Data. One that will not cost you thousands and thousands of dollars. One that will not make false promises.
If you just want to get started and learn money the Legit way.
Table of Contents
Then please Check out my#1 recommendation.
Getting back to Gold Tinkle Review:
One of the goals behind this Gold Tinkel is to get access to the details of the people and pass it on to third parties who might even include other scammers and hackers with them. Your personal details can be misused and can cause harm to your personal life. Be careful who you share your data with and if at all possible use an email you use just for this kind of signups and a Mobile/cell, not one that is your personal number.
The more I look into this Copy Tinkle Copy Trade lol on their FB Page it is showing hardly any likes and they reckon they are paying out megabucks and their Gold Tinkel Family seems to be one person only and he is the only one that is consistently liking. David Cheng may seem or to be a real person there is a lack of information about him outside of the Genesis Business group.
Genesis Business Group Compensation Plan.
Genesis Business Group pays referral commissions via a uni-level compensation structure.
A uni-level compensation structure places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under them (level 1)
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s uni-level team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth.
Referral commissions are paid as a Percentage.
level 1 (personally recruited affiliates) – 4%
level 2 – 3%
levels 3 to 5 – 1%
What does Gold Tinkle’s training offer?
Trader Professional Training (Or so they reckon.)
In this course, they will provide step-by-step professional financial training to their students.
In the first phase, they will teach the students how to deal with the characteristics of trade patterns, trading rules and profit algorithms.
In the second phase, they will teach the students how to analyze the trading graph, how to see the transaction rules, and then receive the market entry signal. In the third phase, they will teach the students how to operate MT4/MT5, which includes open trade, closed position, take profit and stop-loss settings, etc.
Is Gold Tinkle A Scam?
Yes in all honesty it is. I have found a few RED FLAGS that you should be aware of.
- Genesis Business Group provides details of NFA registration.
Yet this is totally meaningless. It clearly states even though they have an NFA ID. The NFA page clearly shows they are non-members. They are not NFA Members you can read more about that on the NFA MAIN WEBSITE
2. Although this says it is free to join you still need to invest money.
3. Hardly any real Transparency on their Website.
No Privacy Policy no Disclaimers.
4. The website is registered in Panama to a PO Box Number.
With no verifiable source of revenue entering Genesis Business Group other than investment, there’s a high probability it operates as a Ponzi scheme. As with all such schemes once affiliate recruitment dies down so too will new investment. This will starve the Genesis Business Group of ROI revenue, eventually prompting a collapse. Do the math, behind any Ponzi schemes, shows that when they collapse, the majority of participants lose money. With no verifiable source of revenue entering Genesis Business Group other than investment, there’s a high probability it operates as a Ponzi scheme.
Aside from a few random trading charts that the company has throughout their online presentations, there is no real proof that trading is taking place. Even more worrisome is the fact that the company does not provide evidence that it is using external revenue to pay its affiliates. What is likely happening is that the company is using new affiliate investment to pay existing affiliate ROIs.In all essence, this isn’t a scam as such. I would avoid it as from what I can or cannot find it all just seems very cagey to me. I could sign up as an Affiliate and promote this myself but I do not believe in scamming anyone so on that note I do not recommend it at all.
I have written about other TradingCrypto MLM Scams/Ponzi schemes here are a few of them if you would like to read about them too…Crowd1 Scam Exposed, Cloud Token and Tornado Rising. Not to mention a few.
Dare to Compare?
Final Thoughts.
There is a lot of controversy surrounding Gold Tinkle. I am not here to persuade you to buy into other platforms. I can only offer you what totally worked for me and still does. It really is up to you if you join Gold Tinkel. These are my points of view. I know what Red Flags to look for as an online Marketer for three years now. I know and see Red Flags instantly.. Would I join Gold Tinkel? Nope never! I am super weary now as I have been scammed too many times in the past and I want to help you avoid being scammed also. Please tread carefully all of you. Those promotional videos they use can suck you in so easily. They make you believe it’s true when it really is not true at all. The only people that are making money are the Owners NOT YOU!
I can only offer you an alternative. However, the alternative I offer is not for those who want to make money overnight. Nobody can do that.. If you really want to succeed online then you need to be willing to put in the work and start building out the foundations of your Very Own Online Business. There are certain qualities of those who are successful in Online Marketing and earning money online. They want to do this and they want to put in the work. They avoid all lies and B.S Quick Money making scams.
They absolutely know that they need the training and the right support. You can get that training for FREE check Out this 100% Legit Platform wealthyaffiliate.com and start making money the Legit way. No Lies No false claims and absolutely no stealing your money. Totally Free for as long as you like. Free Training, Free Promotional tools and Free websites all included not to mention the referral program you have instant access too. Recurring excellent commissions. Earn While You Learn it really is the new norm.
People are making money online and to be a success at MLM or Affiliate Marketing then you really are going to need a Platform that you can work from earn from and learn from. You can start this for FREE for as long as you like. If you decide you want to Build your Own Successful Online Marketing Website in MLM, Affiliate marketing, Yes even your Own business Online in Trading and Crypto Then you can do it for less than a cup of coffee a day and if you are a savvy enough you can do this for much less than a cup of coffee.
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Try it out for FREE No Credit Card Required.
A huge mass of resources on the Internet offer to earn money from nothing. This does not happen. Be careful and check potential partners carefully to avoid fraud.
Hi,
Yes, this is so true. That’s why I have written this. It makes common sense really to build a foundation first. Yes, it is always good to check out all potential partners.
Thank you for your comment.
Debs 🙂
Hey Deborah, Thank you for writing on Goldtinkel Review. I found many negative review about gold tinkel. You are doing an awesome to keep people away from scam sites. Your 1st recommendation is very useful for everyone in my views. I found best training to start your own business online. It is very good platform. I recently start my online business via wealthy affiliate.
Hi,
Thank you for passing by my Website.
I am so happy you have found the value in wealthyaffiliate.com.
There are many negative reviews about Gold Tinkle.. People must trust their own judgement. I do not believe in Gold Tinkle.
I did struggle trying to make money online but not since I joined W.A.
If I can help people get started online and avoid all scams then my job is done and it makes me feel so much better. There is nothing worse than being scammed especially if you are on a tight budget. It is so not fair when this happens. They are getting really clever with their promotional videos too. They know how to get money out of people and that is so so sad.
Thank you again. Hey and shout me out if you need any help. I am always happy to lend a hand. Even if you are not my referral. We all help each other. The training really does work at Wealthy Affiliate.
Debs 🙂
Hi Deborah
Thank you very much for this detailed review of golden tinkel, a business opportunity that I will not touch with a barge pole. I generally do not like multilevel marketing schemes as to me many of them are scams or do not live up to their promise. I do not believe how many red flags the company leaves. If they cannot be honest then why should I bother to invest my time and money into something which in the long run would be disastrous. I cannot believe people will fall for them but they do. You would think that government regulators would keep up with these scanners but the tricks they use keeps changing.
Nowadays you cannot build trust based on a name, especially an individual. I think that golden tinkel is an appropriate name as it is really taking a liberty with people.
Thanks
Antonio
Hi, Antonio,
You are so right. The transparency has to be 100% if not what is the point. Trying to find legit platforms that won’t cost thousands is getting more difficult. Especially if people like I was back in 2016 before I met wealthyaffiliate.com are on a tight budget.
Everybody is looking for that get Rich quick scheme. Those that fall into that trap end up being out of pocket.. Yes, you are so right the only people making money are the Owners. The FTC do catch up but they do change their Website Names often.
People do have to be vigilant all the time. . I just hope my review does help people. It really is up to them if they join or not. I can only offer the Read Flags that I immediately say and my experience because I have been scammed in the past. Not any more.
Debs 🙂
Wow, well I’m honestly glad I never came across this organization before! Considering the red flags you mentioned, it seems like a tell-tale example of a scam of this sort. It’s a shame to see that there are still so many Ponzi schemes on the internet persuading people to invest in a chance to make money when the only people who truly benefit are the organization themselves. Thanks for sharing this, I’ll definitely be wary if I come across Gold Tinkel.
Hi,
I hope it helps. Thank you for passing by.
Debs 🙂
Whether they be scam or not, you can’t tell except one knows how to spot scam signs (red flags). Whenever I come across such, I will have to be very careful lest my credit card will be taken out of my wallet, and you know what it means.
From what you’ve said about Gold Tinkle. Personally, I would not want to sign up considering the many red flags I’ve noticed. When we want to make real money online, it does not come instantly, it’s just like starting a real physical business.
You can’t open a restaurant and the next day expect hundreds of customers to fight themselves into your business. No! It happens nowhere. Same thing applies to a real business online. It needs time, hard work, perseverance, determination and patience to excel.
If anyone wants to make real money online is to start up a business. And this can be achieved by learning in an environment that is friendly and can help beginners up their feet immediately of which you’ve recommended. I learnt how to build my online business from Wealthy Affiliate and it has been going great.
Thank you for this awareness.
Hi,
Thank you for such an awesome comment. You are so right it does need time and perseverance to build out a good profitable online business.
There is so much to wealthyaffiliate.com than meets the eye. Not to mention they do training in all aspects of online Marketing. Affiliate Marketing, Local Business Marketing, Amazon Taring, Ecommerce, Dropshipping.
Not to mention all the training and Social Media training and of course most Important training in SEO and PPC and email marketing.
It’s all there all in one place and it really is affordable for everyone for sure. Certainly will not scam you out of your money like Gold Tinkle. That is for sure.
Wealthy Affiliate is 100% legit all the way.
Debs 🙂
Thanks for the heads-up about Gold Tinkle. The name of the company sounds like some sort of kinky x rated activity. If I hadn’t read your article, I’d have thought that’s what it was. Yes, there are a lot of scams out there. Ironically, most of them try to appear legit. This one screams scam right from the start. I’ll be sure to avoid them. Weathy Affiliate seems like a better choice.
Haha, Bob,
I thought the same thing too. What a name. You did make me giggle 🙂
Thank you for passing by my article.
Debs 🙂
Thanks for the new insights into the business of Gold Tinkle. According to what you have explained to us. The platform Wealthy Affiliate looks like this company is doing very well. make a lot of money.Is it difficult for new members to train and how long does the training take? I wonder how they make payments after the job is done. Every week or once a month.
Hi,
wealthyaffiliate.com really has some great training. Super easy for any newbie and yes even advanced.
Wealthy Affiliate pay out commisions every month on the 31st and they pay you via PayPal. They are never late and are a 100% legit platform.
I highly recommend them as they are the only platform that truly have all the training you need all in one place and they don not cost you thousands of dollars neither.
I have been with them for three years and they really have changed my life for the better. Since I met W.A. I have never looked back. Join Us! I am always on hand to help anyone out.
Honestly it is Free for as long as you like. They do not sell on your data and they will not lie to you. If you do not like it. Anyone can just leave it still costs nothing.
Hope to see you on the inside of Wealthy Affiliate.
Debs 🙂
Thanks very much for this great and helpful article about gold tinkle ,let me call this article an alerting article because it’s going to open many people’s eyes and minds who were willing to join this platform soon and thanks for providing the best platform for the people and that wealthy affiliate which am also going to join with you right now. Thanks very much in advance
Hi,
Thank you and I see you now inside Wealthy Affiliate. So I will make this comment short so I can get inside Wealthy Affiliate now and help you.
I am going to connect with you and help you get up and running. I am always going to be around for you and no question is not too big or too small.
Super happy to working alongside you. 2020 is going to be an awesome year for all of us at Wealthy Affiliate.
Debs 🙂
Its really bad this type of scan has became a mayor tendency. The key elements to identify an scam in referral or multi-level marketing is by defining if there’s a real product behind the referral program itself.
In my experience, if the product is not good enough to be bought from you by an extranger, you’re most likely being used a a mean to your friends and family.
Working from home is still working. I’ve followed your recommendation and I can see this is a more juicy and sustainable than anything I’ve seen before.
Thanks a lot for your review!
Hi,
Thank you for your comment.
Yes I see you have joined me too. So I shall cut this short so I can catch up with you inside of wealthyaffiliate.com
Looking forwards to helping you and watching your Own Online Businesses Grow. 🙂
202 is going to be so awesome as there are many new rollouts coming this inside of Wealthy Affiliate. The training at W.A. works. Even better we have everything we need all in one place. So no added upsells and no massive pay-outs like on other platforms. Wealthy Affiliate really is affordable for everyone and it what earns me a 4K monthly passive income not to mentioned my side business in Local marketing too.
Debs 🙂