Ease of Use
Bitcoin Lifestyle Review: Scam or Legit – Read Before Trading
If you are looking for a stable source of passive income, you should consider trading in the cryptocurrency market. You do not need to have any financial background or other special knowledge for that. Initial investments, a reliable broker, and an effective trading robot are all that you need. You can find different robots in the market, but not all of them are equally good. Bitcoin Lifestyle is one of them. There is lots of information you need to learn about this robot before you start using it. In particular, you should find out whether it is a trusted piece of software or a scam, how effective it is, how to use it, and more. In this Bitcoin Lifestyle review, you will find everything that you need to know about this piece of software.
General Information about Bitcoin Lifestyle
Bitcoin Lifestyle is a trading robot based on AI. It is programmed to do some work instead of traders. There are special algorithms used by the tool to analyze the situation in the market and determine the best time to trade. It goes through plenty of facts and figures, including historical data. The bot can analyze loads of information faster and more accurately than humans, which gives a significant advantage to everyone using such a tool.
While Bitcoin remains the most popular cryptocurrency for trading, it is not the only coin you can trade with this robot. The other cryptocurrencies you can also buy and sell include:
Bitcoin Lifestyle highlights:
- Minimum investments — $250
- Daily profitability — up to 60%
- Success rate — around 99.4%
- Potential earnings per day with a $250 investment — $800
- Daily trading session — at least 20 minutes
- Commission of a broker — 1%
While you can stick to a single cryptocurrency pair, trading different crypto coins can decrease your risks.
The names of the developers of the robot are unknown. However, according to information on the official Bitcoin Lifestyle website, they are Wall Street bankers and MIT developers.Investors can use various trusted payment methods to make their transactions, such as bank cards, e-wallets, bank transfer services, and others.
How Does Bitcoin Lifestyle Work?
The robot is integrated into a trading platform. The tool is offered by a range of the most trusted brokers properly regulated by reputable authorities. You can use it by clicking on the relevant buttons. In particular, you will be able to quickly switch between different trading modes or change various settings.
There are two modes the robot works in:
In the first case, the robot will send signals, notifying you about favorable times to hit or leave the market. You can have a look at a graph to decide whether you really want to use the given situation or not.In the second case, you fully entrust work to the robot. This means that once the tool decides it is a good moment to make a deal, it will place an order and close the deal when the right time comes. In this case, you can do whatever you want without having to control how the robot works. You will just need to check the account balance when the trading session is over.
Is Bitcoin Lifestyle Legit?
One of the reasons to read this Bitcoin Lifestyle review is to make sure that this tool is not a scam. We have checked some important information to confirm that it is a legit piece of software. First of all, there is an encryption certificate used on its official website. This protects your data when it is provided for registration, making it unreadable for everyone who tries to access it without proper permission.
Secondly, this tool cannot be used with any trading platform. It is offered by trusted brokers only. After filling out the registration form, your information will be verified by one of them. They are chosen automatically based on your location. Each of them complies with relevant privacy protection regulations, such as the GDPR.Thirdly, the rating of the tool on Trustpilot is 4.3 out of 5 based on 16 reviews.
Advantages and Disadvantages of Bitcoin Lifestyle
The robot comes with a range of benefits, but it is also important to take into account its drawbacks. You will get a better idea of the quality of this software if you compare them.
Bitcoin Lifestyle Features
The robot comes with several interesting and helpful features. They include:
Thanks to different modes, you can choose how you wish to trade. If you want to get signals from the robot and then decide whether it is the right time to hit the market, you need to use a manual trading mode. It is suitable for traders with any level of experience. However, you will be able to achieve much better results if you have sufficient knowledge about cryptocurrencies and markets.There is also an auto trading mode. You can choose it if you want your robot to do all the work for you. This mode can also be used by all traders from beginners to experts. However, it is more suitable for newbies because the robot will surely make wiser decisions than traders without enough knowledge.
Demo and Live Accounts
You may think that once you make a deposit, you will need to use this money for live trading. That is not so. While you can switch to live trading at any moment, you will be able to use a demo account at the beginning. Everything will look like trading for real money, including charts and graphs, the situation in the market, profits or losses, features, and settings. The only difference is that you will be using fake funds, so there is no risk involved. Even if you make an unsuccessful trade, you will lose only fake money. You should trade in a demo account as long as it takes to get ready to earn real cash.Once this moment comes, you can switch to a live trading account. Remember to make all the necessary settings. This is when you should also decide in which mode you wish to trade —auto or manual. You can switch between them whenever you want.
Trading cryptocurrencies is associated with making deposits and withdrawals. You will find a fund management feature for this purpose. You will be able to make transactions in a quick and effortless way by simply clicking on the relevant button on the trading platform. Remember to choose the right type of transaction — deposit or withdrawal. Then, you will see a list of payment options available for you depending on your location. Choose the banking method you prefer and specify the amount of your transaction. The money will be deposited or withdrawn shortly. However, the processing times depend on the payment option that you choose.
How Much Money Can You Earn with Bitcoin Lifestyle?
It is impossible to tell how much you will earn using Bitcoin Lifestyle because your earnings depend on different factors. According to information published on the official website, if you invest $250, you will be able to earn $800 or more per day.If you invest a greater amount, you will be able to earn more money. Also, there can be various unexpected situations in the market that may result in a greater price change than could be predicted. The best way to get an idea of potential earnings is to trade in a demo account. Use the amount of fake money equal to the amount of your real-money investments.
How to Start Earning Money with Bitcoin Lifestyle?
You are not expected to have any difficulties with starting to use this robot. You will need to go through a few stages, including the following:
Once you enter the official website of the robot, you will see a short sign-up form as shown on the screen below. You will need to enter only a few details to get registered in the system. Remember to provide authentic data because it will be properly verified.
Your details will need to undergo a quick verification procedure. This will be done by the broker that you will be redirected to. It will not be long, so you can expect to get access to your trading account shortly.
Making a Deposit
You can use different payment options for making your deposit. They depend on your location since some payment methods are available in certain countries only. The minimum deposit you will need to make is $250, but you can add more money to your account if you wish.
Trading in a Demo Mode
Even when you have real money in your account, it is still recommended to trade in a demo mode first. It is essential to understand how to use a trading platform, how to run the robot, and more. The interface of the trading platform is user-friendly. However, if you have some questions, you can contact the customer support reps, and they will gladly help you out.
Trading in a Live Mode
To start earning real money, you will need to switch to a live trading mode. You may not even notice the difference between live and demo accounts. Now, your own money will be used, which means that you will start earning for real. Do not worry if the robot makes wrong decisions from time to time. While it thinks more effectively than humans, it is still imperfect. As long as you generate some profit, everything is ok.
Withdrawing Your Earnings
Once you start earning money, you will surely want to withdraw it. Remember, however, that you will need to have some funds in your account to continue trading. It is up to you how much money you wish to reinvest, but it is recommended to withdraw no more than 50% of your earnings. Remember that the larger amount of money you invest, the greater your potential earnings will be. So, you should carefully decide on the payout you wish to get.
Bitcoin Lifestyle in Popular TV programs
Even if effective tools are not heavily advertised in mass media, it is enough to mention them in popular TV programs to make them well-known. There have been rumors that Bitcoin Lifestyle has been mentioned in a few highly rated programs, including the following:
- Dateline. This program has been aired on the NBC network since 1992. The TV show is hosted by Keith Morrison and dedicated to different stories. Sometimes, they are inspired by cryptocurrency and various financial tools. We could not find any proof that Bitcoin Lifestyle has been ever mentioned in this program.
- 60 Minutes. It is a news program broadcast on the CBS network. From this program, users can learn about interesting emerging technologies. We have heard some information that Bitcoin Lifestyle has been discussed in 60 Minutes, but we cannot confirm whether it is true.
Has Bitcoin Lifestyle Been Ever Endorsed by Celebrities?
Many celebrities are interested in using financial products. Some of them invest money in Bitcoin and other cryptocurrencies. Rumors are in the air that some famous people endorsed Bitcoin Lifestyle. Is that really so? Let’s find out whether this tool has been recommended by Kate Winslet and Elon Musk.
Kate is a British actress who is famous for various roles. One of her greatest parts is the role of Rose in Titanic. According to some gossips, Kate has shown her interest in Bitcoin Lifestyle. However, we could not find any proof of that.
Elon is a billionaire known for a range of successful projects, one of which is Tesla. In fact, Tesla has bought $1.5 billion in Bitcoin. As for the rumors that he has ever endorsed Bitcoin Lifestyle, we could not find any evidence that this has actually happened.
Customer Testimonials on Bitcoin Lifestyle
"I’ve used Bitcoin Lifestyle for five months. Everything was ok for the first three months, but then I encountered constant problems with withdrawals. While I liked how Bitcoin Lifestyle worked, I stopped using it." - Andrew A.
"I found out about Bitcoin Lifestyle on one website. I thought that it was an interesting idea to check it out. So I did. The robot does help a lot. However, it can also make mistakes. I use it carefully from time to time only with the money that I can afford to lose." - Richard R.
"While the tool can really work automatically, customer support is awful. I was a beginner, and I had plenty of questions, but they helped me very unwillingly. I had to search for relevant info on other websites, so I finally decided to find a different robot." - Jasmine P.
"I like how this robot works. I earn some money, so it is a good option for people searching for additional income. It is, however, important to understand all the risks involved. I’ve invested $300 and usually, I reinvest about 30% of my revenue. I lose sometimes, but I win most of my trades. " - Kate B.
Helpful Tips and Tricks for Beginners Using Bitcoin Lifestyle
If you want to avoid common mistakes made by new investors, you should read our helpful tips and tricks:
Bitcoin Lifestyle vs. Other Trading Tools
Bitcoin Lifestyle is not the only trading robot you can find in the market. There are also alternative applications that you can use instead of it. To give you a better idea of how Bitcoin Lifestyle differs from similar apps, we have created a comparison table:
Other Trading App
There are lots of positive reviews on the tool, but some customers have left negative comments on it.
Some platforms come with a better overall rating.
This indicator depends on the trading platform. Some of them also offer a relatively high success rate.
The names of the developers are unknown.
The information on the developers of some trading apps is publicly available.
Convenience in trading
The robot is very easy to use thanks to its user-friendly interface.
There are decent and easy-to-use alternatives.
A good range of payment methods, which includes bank cards, e-wallets, and more
Some trading robots offer a greater number of payment methods.
Tough security and full compliance with various privacy regulations
It is possible to find trading robots that match high standards in terms of data protection.
Possible daily income
Some trading apps offer greater potential earnings.
There have been some complaints about slow customer support.
Some trading platforms offer responsive customer support.
Our Final Verdict: Is Bitcoin Lifestyle Legit or a Scam?
As you can see from this Bitcoin Lifestyle review, it is a legal tool. It means that it is generally safe to use it, and it is possible to earn good money with it. However, we have found a range of negative comments about the tool, so we cannot recommend it to you. There are decent alternatives to Bitcoin Lifestyle that have a better reputation. Therefore, we recommend you picking something from them.
Bitcoin Lifestyle is a tool that you can use for trading cryptocurrencies. In order to make the right decisions and close successful trades, you need to take various factors into account. Not only is this time-consuming but also challenging to analyze all those graphs and charts yourself. Bitcoin Lifestyle can do everything instead of you.
Bitcoin Lifestyle is based on advanced algorithms and AI. It is an intelligent piece of software, which works with an accuracy rate of 99.4%. The website of the developer is fully protected with encryption technology, so it is safe to register there. Also, the company fully complies with a range of data protection regulations.
This robot is a fully legit piece of software. While the names of its developers remain unknown, many customer reviews prove that the tool really works and allows making money. The robot is available only in a network of trusted brokers. You can be sure that it is not a scam.
There is the official website of the robot, where you need to undergo a registration procedure. Right after that, a quick verification routine will be run by one of the brokers. You will be shortly provided with all the relevant instructions on how to access the tool and how to use it. Remember that you will set a demo account for a start to check how the tool works in a risk-free way.
The robot is designed to replace human labor. It analyzes plenty of data to determine when it is the best time to trade. You can simply run the robot in its auto mode, and in this case, all orders will be executed automatically. In case of switching to the manual mode, the robot will notify you about possible favorable situations in the market without placing any orders.
You can certainly earn money if you use this robot. It will save you plenty of time and effort because you will not have to stare at the screen of your device for hours, waiting for the right price. Also, it is capable of making more accurate decisions. This tool is very helpful for traders with different levels of experience, including beginners.
There is no information on the names of the developers. However, according to the official website of the tool, they are Wall Street bankers and MIT engineers. Considering that the tool does its work well, we assume that a team of great specialists is standing behind it.
A digital asset without any centralized regulation;
The first cryptocurrency based on blockchain;
New investors in the cryptocurrency market;
It is slang used by traders, which means a large quantity of a specific cryptocurrency;
All crypto coins that do not include Bitcoin;
The market where the price for an asset goes up;
A sudden sell-off of a cryptocurrency;
A digital record of financial transactions that cannot be changed;
The market where the price for an asset goes down;
Automated software that can conduct various tasks, such as trading;
Money borrowed by an investor from a broker;
A contract, but not an obligation, according to which a trader can buy or sell an asset at the specified price;
Trade between one cryptocurrency and another such as BTC/ETH;
Selling an asset;
Buying an asset.