The distinct feature of a matrix plan is its limited width. Unlike other MLM compensation plans, matrix restricts the number of distributors you can sponsor on your first level, usually to less than five. The most commonly used matrix MLM plans are 4 x 7, 5 x 7, 3 x 9 and 2×12. Like this plan, also the design of Board Matrix is a 2 x 2 Matrix that is also known as 2 x 2 Matrix Cycle Plan.
One drawback of the matrix compensation plan is that most plans require you to fill your front line of distributors before you build under anyone. If your first 2 recruits are local friends or family members, it would be great if you could place them one under another so everyone can work together to build that leg – building underneath the person at the bottom. However, you can’t do that most of the time, although some plans allow sponsor placement. Without sponsor placement, they would be sidelined to each other and would be competing instead of collaborating.
Forced matrix compensation plans are typically described by two numbers: the width times the depth. This means a 3 x 8 matrix allows you to sponsor 3 frontline distributors and pays 8 levels deep. Any distributors that you sponsor beyond your first 3 must be placed underneath others in the matrix. A 5 x 7 matrix is 5 wide (front line) and 7 levels deep. On paper, a forced matrix comp plan looks like a “perfect” example of a unilevel compensation plan. Here is what a completely full 3 x 5 matrix looks like:
Bitcoin Auto Matrix is set up using a 3×3 matrix system. In order to get started with the money making opportunity, you have to pay at least 0.005 BTC for a position in the cycle. With this payment, you are placed at the top of the matrix and need to recruit three people to be placed directly under you. Once those positions are filled, the second level is then unlocked. From there, you are paid 0.002 BTC and you are required to fill nine positions for level two.
Withdrawal methods are typically the ways in which member can request withdrawals of their commissions from the MLM Financial Dashboard in the Member’s Area. In the withdrawals section you can setup the withdrawal method, any fee that is applicable for using that withdrawal method and if there is a minimum amount that the member must withdraw if using this withdrawal method. eg. Bank Transfers may have a minimum amount and a fee applicable. Multiple withdrawal methods can be setup and they would all show up on the MLM Financial Dashboard of the member when initiating a withdrawal.
Bitcoin is approaching the 3135 low and has broken its long-term trend channel. Whether it holds the low or not will shape our view going forward. Our main chart shows what should happen if a new low is made i.e. a large bounce to re-test the channel around 10350 before a large decline. If it can hold the low then we can still look for new highs and the NDX fractal will remain in play.