Is Bitcoin Lifestyle a scam? Can you make money with it? This review answers that, and more. We will help you know whether or not the bot is legit. We also go through its security features, online reviews by other traders. Check this out to get started with Bitcoin Lifestyle.
The Bitcoin Lifestyle is an auto trading app available online. The software is designed to trade cryptocurrencies round the clock without any external assistance. According to the official website, it is a comprehensive trading solution that makes you generate profit like never before. In this piece, we present the robot review in detail.
Bitcoin Lifestyle Main Features | |
|---|---|
| Minimum Deposit | $250 |
| Offers Leverage | Yes |
| Withdrawal Period | 24 Hours |
| Customer Service | Email / phone / chat |
| Supported Coins | BTC, ETH, XRP & more |
| Hidden Charges | Commission fees |
Some claimed features that the Bitcoin Lifestyle website keeps mentioning are discussed below.
The Bitcoin Lifestyle website claims that the robot comes with customizable settings. You can select different trading variables from the selection panel of the trading app. The robot allows you to choose your favourite asset you wish the robot to trade, and the amount of investment you want to place on each trade. Selecting your preferred trading strategy and adjusting the risk level that you can tolerate is also yet another modifiable feature that the Bitcoin Lifestyle robot offers you. Well, besides being configurable, what else the robot does is something noticeable, because these days almost every other auto trading app is customizable.
The Bitcoin Lifestyle robot doesn’t need you to install it on your PC. You can use it online any time you wish. It also doesn’t need any updates. The website claims this to be the unique feature of the trading app. However, all such auto trading robots we have reviewed so far offer the same functionality. The online availability of the robot doesn’t make any difference unless it helps you make profits for real.
Bitcoin Lifestyle claims that its trading software is easy to use. According to the site, the robot is designed, keeping in view the needs of a typical trader. The trading app’s operating interface is kept so simple that even traders having no experience using robots find no difficulty in running it. Although, we believe this claim to be valid. Again this feature isn’t unique since every other scam trading robot also offers a user-friendly trading interface to make things look simpler.
According to the Bitcoin Lifestyle’s website, the robot incorporates the latest technology for trade placement. Its most advanced trading algorithms help the robot to detect the best trading opportunity. The official website of the robot also claims that it places trades with a 99.4% success rate and makes traders earn excessive profits over a few days.
However, the website doesn’t share any evidence in support of its claim. Honestly, almost every other auto trading robot hitting the market these days claims to be equally successful.
Since Bitcoin Lifestyle is a web-based auto trading software, therefore, accessing it online anytime is claimed to be a unique feature of the so-called auto trading robot. Whereas, all of the robots we’ve reviewed to date were cloud-based and accessible around the clock. Hence, this claim stands no ground to prove that Bitcoin Lifestyle is one of the most excellent auto-trading robots available around.
Account verification is one of the most important factors when it comes to trading cryptocurrencies with legit crypto trading platforms. Sometimes it takes 24-48 hours to have your account verified. However, that’s not the case with the Bitcoin Lifestyle auto trading robot. Your account gets verified within fifteen to thirty minutes of your registration. You only need to fund your account and start trading without having to worry about account verification. Isn’t it sound strange?
Well, the website doesn’t care about your identity verification, unlike some legit trading platform that is bound to comply with the KYC parameters defined by respective anti-money laundering and regulatory agencies. The only aim of the scam trading robot’s website is to take money out of your pocket for nothing.
Another claimed unique feature of the Bitcoin Lifestyle is that the robot offers a free practice account. A practice account is usually provisioned to help traders learn the trading odds and improve trading skills without staking their real funds. These days you can find almost every trading platform be it legit or non-legit offering a demo account. So, how come it is justified to claim the availability of a practice account as one of the unique features of the trading robot?
The website claims that it offers the most convenient process for fund withdrawals. The claim sounds good to hear, but there is still something the site doesn’t tell you, and that is about the withdrawal restrictions in place. You need to fulfil the criteria of minimum trading volume before you can place a funds withdrawal request. Since the robot is known for its bad reputation of eating your funds in no time, you would hardly have the chance to request withdrawals.
Customer support is considered one of the integral parts of business success since it serves as the face of the business venture. The Bitcoin Lifestyle claims that its customer support team remains available round the clock. However, there is nothing available where you can raise your concern or register a complaint if you come across any unwanted situation. All you get is an online inquiry form under the contact us tab. Admittedly, that is sufficient to understand how well the company is concerned about its clients’ satisfaction.
The Bitcoin Lifestyle is built on machine learning technology. It incorporates advanced algorithms to detect the most appropriate trading opportunity after scanning multiple markets within fractions of a second. The app scrutinizes current and historical data and runs fundamental & technical analyses to find the trend. The website offering Bitcoin Lifestyle also claims that the robot being precise, and accurate in decision making makes no mistake to place profitable trades.
To get started with the Bitcoin Lifestyle trading software, you need to follow a few steps listed bellows;
No, at least we don’t think so. The Bitcoin Lifestyle robot makes false claims of making people millionaires over a few days. It also makes wrong promises concerning the unlimited profit generation using the so-called scam robot. The website looks the same as that of other scam trading robots. There is no information available on how the robot’s algorithmic strategy works and how many of the members have generated the claimed profits. Just think, why wouldn’t the Bitcoin Lifestyle show the trading history of its member’s account to prove the robot’s claims to be true.
Yes, it does. The Bitcoin Lifestyle supports several other crypto assets in addition to bitcoin, including Ethereum, Litecoin, Stellar, Dash, Ripple, Monero, etc. The robot doesn’t support forex trading, however.
Generating unlimited profits in a market like cryptocurrencies is something not possible. There are a few good reasons for that. The crypto market is full of uncertainty. You never know what’s going to happen in a while. The market is known to have the world’s highest levels of liquidity. Talking about the price volatility of cryptocurrencies, it also has no other comparison. Therefore, promising excessive returns with absolute assurance in such a liquid market is just like a deliberate attempt to make someone fool around.
No, Bitcoin Lifestyle testimonials are not for real. There are many other websites available online where you can find the same people appraising different auto-trading robots. For instance, the trader wearing a red shirt on the left side of the page has appeared on multiple websites across the internet with several different names. The same is the case with the remaining three of the traders. Let us share some screenshots taken from various online websites below.
We do not think that there is much information required to believe these testimonials to be fake. The website appears to be managed by the same people who try to scam people by introducing worthless robots every other day. You may have noticed that the market is now full of auto-trading robots, and none of them seems to be good enough for trading purposes.
Reddit is one of the most popular social networking platforms where people share their good and bad experiences. We, too, tried seeking information about the Bitcoin Lifestyle trading app on Reddit. The information we found concerning the Bitcoin Lifestyle was not surprising at all. Most of the people on Reddit said the robot is nothing but a scam. Some traders were of the view that all auto-trading robots work the same. Firstly, auto robots barely generate any profits. Secondly, if by chance they do, you won’t be able to have them because the lobby behind all such scam robots keeps the earnings up to themselves.
As far as reviews of quora about the Bitcoin Lifestyle trading app are concerned, we couldn’t find any review explicitly talking about the Bitcoin Lifestyle. However, we read some negative reviews about auto trading apps. A lot of people seemed to be dissatisfied with the performance of auto-trading robots. A trader on quora stated that he has been trying auto trading robots for years, but he found all of them useless. According to the trader’s point of view, people should avoid investing their money in such scam robots.
Ever since people started making money from the crypto market, a lot of scammers have also turned around their heads to make their moves. The market is full of auto-trading robots these days, and you don’t know which one of these may work for real. Some obnoxious entities worked their way well into scamming people. What they do is that they deliberately make false claims that different celebrities have recommended their robot.
As a result, people start investing with them blindly and end up losing their money for nothing. We decided to look into the matter to uncover the truth behind these fake advertisements. We decided to look into the matter to uncover the truth behind these fake advertisements. We decided to look into the matter to uncover the truth behind these fake advertisements. Given below are the comments from different personalities.
Bill Gates: The Microsoft founder Bill Gates needs no introduction. He is one of the pioneers to introduce the world to the best operating systems. Sadly, his name has been quoted several times in a false marketing campaign. The Bitcoin Lifestyle website also claims to have been endorsed by Bill Gates. However, upon confirmation from the concerned sources, the news turned out to be fake. The spokesperson(s) of Bill Gates denied any such endorsement.
Richard Branson: An English entrepreneur and the founder of the world’s largest group of companies was also named quite a few times to promote fake auto trading robots. Like Bill Gates, Branson also rejected any affiliation with the Bitcoin Lifestyle trading app. He also added that it is not the first time that his name is being used for the false publication of the so-called auto-trading robot. Anyhow, he confirmed that he has never endorsed the Bitcoin Lifestyle trading app and he won’t do it ever.
Mark Cuban: The American businessman and famous TV star Mark Cuban has also been named multiple times in fake publicity news of various auto trading software. The Bitcoin Lifestyle also tried to exploit its popularity. However, Mark Cuban denied all such endorsement news stating that he hasn’t recommended people to invest in auto trading bots ever. He emphasized that people must not pay any heed to all such fake news.
Well, the first thing that these scam trading robots do after hitting the market is that the robots deliberately break the fake news that they have been broadcast over national TV. The Bitcoin Lifestyle did the same. The website claims that the robot has been aired through different TV shows including this morning, shark tank, and the dragon’s den. Let’s figure out a little more about the self-claimed promotional stunt.
The Morning: The morning show is a UK TV show that is being aired for more than 30 years. The famous TV show has some renowned names from the industry as its hosts including Ruth Langsford, Eamonn Holmes, Madeley, Holly Willoughby, Phillip Schofield, and Judy Finnigan. The show features segments such as celebrities interviews, showbiz, and fashion, sports, health, business, home, kitchen, etc. According to Bitcoin Lifestyle, the morning show hosts have recommended people invest their funds with the robot. However, the news was fake. The members of the show also denied any such endorsement.
Dragon’s Den: The American business reality show “Dragon’s Den” is yet another popular TV series in America. The program format is just the same as that of the UK business reality show “Shark Tank”. The program invites enthusiastic entrepreneurs to the show to have their business ideas sold to the multimillionaire investors of the show. The Bitcoin Lifestyle claims that their business pitch has won the heart of the program’s panellists and that they not only showed an immense desire to be part of the business venture but also recommended people to invest in the robot. However, nothing is like that. The panellist of the dragon’s den has rejected the baseless claim of the Bitcoin Lifestyle trading app and has strongly suggested people stay away from such scam trading apps.
After an in-depth review of the Bitcoin Lifestyle, we conclude that the Bitcoin Lifestyle app is not legitimate. The robot has many things in common with those scam trading robots such as fake testimonials section, false promises, and no customer support. The robot doesn’t have anything to show in support of its baseless claim for profit generation. The Bitcoin Lifestyle is a non-regulated app that even further puts your money at risk. We suggest, not investing in the Bitcoin Lifestyle and trying to buy cryptocurrency in some authenticated trading platform like the eToro trading platform.
eToro is the world’s best online trading platform, and exchange for cryptos, and CFD trading. The exchange holds multiple operational licenses from the world’s most reputable regulatory authorities. The eToro offers a dedicated social trading platform where novice traders can copy trades of other successful traders to start making profits from day one. The exchange also provides a multi-supported cryptocurrency wallet – the eToro wallet – that you can use to store and exchange different crypto assets. With eToro’s generous leverage options and competitive spreads, you can make promising returns.
Yes, it does. You can use it for both manual and automated trading.
Yes, it does. There are quite a few cryptocurrencies that the app supports in addition to the bitcoin.
The minimum amount is $250. However, the app doesn’t restrict you from funding more.
No, it is not. All auto trading bots, including the bitcoin lifestyle, are not regulated.
Well, signing up with the bitcoin lifestyle is relatively quick. All you need is to fill up the registration form, deposit funds into your account, and you are all set to start using the robot.
Yes, it does. You can deposit funds in your account using multiple methods available, including debit/credit cards, electronic wallet payments, and wire transfers.
No, it doesn’t take too long. You can have your account verified within a few minutes of registration with the platform.
