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The Builders Network Review 2023 Update: Sadly, the website is no longer active with the owner on the run after scamming those who invested.
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Thebuildersnetwork.net is a highly unreliable and unsafe site to spend your Cryptocurrency at. While they claim that they are a premium Cryptocurrency trading service that also acts as an intermediary in financial transactions, the fact still remains that they are anonymous and unlicensed, hence not authorized in any way to collect funds from members of the public. The Builders Network also claims that they are providing consultancy services to their members. However, this would mean that they are operating like a financial advisory entity, a service that is highly regulated in the UK and nearly everywhere on the planet.
This fact alone makes the Builders Network an illegal service to ”invest” in. Basically, when we look at this website, we scan spot lies from left to right and center. For example, the Builders Network claims that investors can earn 10-16% weekly returns through their network. However, we all know that this return is still high and quite unrealistic.
Even if we were to believe that we can earn 10% per week, this would be 40% per month, a figure that we highly disagree with since any form of investment whether in Cryptocurrencies, Stocks or Forex is high risk and does not always yield abnormally high profits unless the trader is taking unnecessary risks.
The other thing is that 40% per month is a figure that is highly unsustainable. You can rest assured that the best traders in the Cryptocurrency world don’t make this much. And even if they try to reach that goal in any given month, they would never maintain it due to their high risk nature of trading which yields super high returns in a short period of time just the same way there is the potential to wipe out the entire account due to high risk trading.
Based on what this scam website has told us, we think that it is highly unlikely that one would make any money here. To learn more, continue reading this review of the Builders Network.
The website states that their aim is to help clients make profits, which is why they came up with profitable investment plans that maximizes returns.
Remember that it’s easier said than done. The Builders Network can easily say that they have investment plans that maximize returns for their investors. But is there any proof to show how they have maximized their client returns in the past? The answer is a big No.
Having been registered in January of 2018, you can’t expect the Builders Network to have any track record. And even if they have a track record, the first thing they would have done is to back their claims with evidence of performance for the last 2 months of their operations. Unfortunately, this has not happened. The reason is quite clear. This website is a ponzi project and so the owner does not have any credibility or track record to show and prove that they are seriously investing in Cryptocurrencies.
Other things that the Builders Network as promised include a 24 hour customer service, a friendly customer service, a 3-10% referral program, an a minimum investment of just $100.
The way we see it is that this is a scam looking to cheat you and steal your $100. Nothing in this website says that it is a legit place to invest in. In fact, the only thing they are building is a bag of loot. If they can collect hundreds of $100 from each investor, they can become rich in a short duration. Remember that payouts are never made by this website. What goes in does not come out. The site is always making sure that they are collecting member deposits but not making any payouts in order to last longer.
Scammers have a thing with fake stats. The Builders Network is a scam, and so you should expect nothing different. Let’s start with the alleged duration of time that the Builders Network claims to have existed. It is over 500 days. But who.is tells us that this site is barely 3 months old. So who is talking the truth in this case? Well, we choose to believe who.is because information found on this platform is very reliable, of course unless the owner decides to pay them so they can hide some of the information pertaining to the site.
They also claim that total accounts made in this website have exceeded 2000 and active ones are 1702. We might believe this information. But then, it becomes quite difficult to trust that such a high number of accounts are still active. It would make sense to say many people were signing up then abandoning ship as soon as they realize it’s a scam.
Therefore, they are definitely wrong on the claim that the Builders Network hosts some 1700 active accounts. That information is not true.
Realize that the Builders Network is only accepting payment in Bitcoins and Ethereum. This is typical behavior of a modern internet ponzi scheme. The reason they prefer Cryptocurrency payments over fiat currency is because they are scammers who don’t want chargebacks to rob them what they have already made.
By the way, Cryptocurrency transactions are irreversible. When you make payment in Bitcoins or Ethereum, you can only pray that the person on the receiving end is an honest person. Otherwise, if they are not, there is nothing you can do in order to recover what you have just sent them.
When you find a scam building bags of their loot through your funding, you must never enter into an agreement with them. You will definitely lose your money because the thieves are really clever when it comes to staying on the safer side of things. The Builders Network is a total embarrassment. They continue to operate illegally despite warning from the FCA. That shows just how unsafe they can become when you let them play with your hard-earned money. Please try these Cryptocurrency investment options to see just how much you can make per month.
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I git scammed myself by this guys Thebuildersnetwork.net
Scammer majid muhammad saheed . He has scammed a lot of people. Everyone is looking for him we have his ID card he is either in the UAE or the UK not long before we hold this scumnag