Crypto-Builder: Honest Way To Earn More Cryptocurrencies?
Crypto-Builder is a financial cryptocurrency company with the objective of helping its users to reach financial wealth. The company has been active for almost two months at the time of this report and already has more than 3500 people subscribed to the platform.
The main idea of this company is to use the model that you lend to it to get profit in the market and then both you and the company will have more money in the end. To use it, you just have to register and donate a certain quantity of money to Crypto-Builder.
Then you have to find more people who are willing to donate to the company and you will receive a referral bonus for what they have donated. All the money donated to the company will be used by the company to obtain larger profits and will come back to you after it has been used, Crypto-Builder promises.
The company states that you can earn up to 200% monthly by using its services if you find enough people to help you.
How Does Crypto-Builder Work?
The company has six levels and you can upgrade your level by getting more people to join the company. The more people you get to join, the faster you will level up and receive a better return on investment for your efforts.
You can basically describe Crypto-Builder as a Ponzi Scheme. Unfortunately, while the company never really states this, the only way to get money from Crypto-Builder is by finding people who are willing to invest so you can earn money. These people will have to find more people to do that exact same thing and this is how it goes.
Ponzi Schemes are illegal in many countries exactly because they are unsustainable schemes and the last people to enter are always the ones who are going to lose. The ones who are actually fast will get a return on investment but in detriment of late investors who will finance their gains.
The Crypto-Builder Verdict
Do not invest in Crypto-Builder and in Ponzi Schemes in general. They may not be illegal in the country that you are located (depending on where you live), but they are certainly a very risky investment.
Not only Ponzi Schemes are risky if you are not able to find more people to join after you, you will have to screw and possibly cheat other people to get them to join the scheme (especially when they start to perceive that the whole system is not sustainable in the long term), so this is a bad idea all around.