Welcome to my Bitcoin Lifestyle Review! (2022) Now, is Bitcoin Lifestyle a Scam?
Crypto trading is now a very hot way of earning money online fast. However, it can also be an easy way of losing all your money. This is the reason why tools like Bitcoin Lifestyle are in demand. Bitcoin Lifestyle is an AI trading tool that you can use to predict crypto market trends.
With tools like this, you can time the market and know when exactly to buy and sell. This is important since the crypto market is very volatile and coins can crash or climb in value very quickly.
So, will Bitcoin Lifestyle actually help you earn money in the crypto space? Or is it just another misleading tool? Well, join me as we learn more about this crypto trading tool.
Is Bitcoin Lifestyle a Scam - Quick Summary
Name: Bitcoin Lifestyle
Price: $250 minimum deposit
What is Bitcoin Lifestyle?
Bitcoin Lifestyle is a crypto trading app that uses AI algorithms to process market patterns. Then, the app will show you when to enter or exit a given market for a profit. Furthermore, they claim that this is a beginner friendly trading app since it does not need manual input from traders.
Accessing the platform is free; however, there is a minimum deposit amount of $250 before you can start trading. This is a higher minimum requirement than other platforms. However, if you do not feel like depositing such a huge amount of money then you can create a demo account to test things out.
Here are more things that they promise you:
- This trading platform has a 99.4% win rate on all trades
- You will only need to spend a few minutes of your time everyday
- A minimum of $1100 earnings per day
- Voted #1 by the US Trading Association
- Fastest trading tool which is 0.01 seconds faster than any competing tools
Reading those, it sounds like it is a pretty good deal right? Well, if you look at it closely, a lot of the things they are saying are too good to be true. Furthermore, if you are a responsible person you would not take everything that they say at face value.
Therefore, read more to find out if all of what they are claiming is real.
How Does Bitcoin Lifestyle Operate?
Basically, Bitcoin Lifestyle is an AI program that executes crypto trades for you. The owners of the program claims that this was created with years of research and experience.
First, the AI looks for the perfect time to enter the market by checking different parameters. Then, it will place a trade when it finds one. The AI will use the money you have deposited to execute this deal. It will then also do the same thing for selling in the market.
All profits will go to the users account. However, you must always keep in mind that the crypto market is a very volatile market. So, trade at your own risk even with a near-perfect AI.
Is Bitcoin Lifestyle a Scam: Features
These are Bitcoin Lifestyle features that you need to know:
Adaptive AI Learning
This is the main feature that Bitcoin Lifestyle focuses on. Furthermore, they claim to want to educate people on the crypto market. This AI algorithm helps by exposing users to the technical analysis side of the crypto market. Plus, they claim that it will help users know when to precisely enter and exit the market.
The platform can be accessed whether or not you are on your pc or mobile. Furthermore, it can be accessed on both IOS and Android firmware. This is a good thing for both beginners and experienced traders.
This is a very helpful feature for those who want to try out their knowledge on the crypto market. It gives users the chance to try out the platform without risking their money. Furthermore, you also get to try the features that Bitcoin Lifestyle offers.
Beginner Friendly Platform
Because this is an automated platform that focuses on educating its users, beginners can easily join the platform. Furthermore, users are free to decide how much time they want to invest in it.
Is Bitcoin Lifestyle a Scam: Fees
Bitcoin Lifestyle promises that there will be no any additional fees aside from the $250 minimum deposit required.
- Zero Account Fees
- Zero Deposit and Withdrawal Fees
- No Commission fee
This is a very appealing information to know. However, you should then ask how are they making money out of this? It is wild to think that they would make a very advanced AI algorithm just to give it for others to use for free.
So, these is not a very good thing to know for me.
How to Start Using Bitcoin Lifestyle?
Here are the steps on how to start using Bitcoin Lifestyle:
Step 1: Register an Account
You can find the account registration form in the homepage of Bitcoin Lifestyle's website.
Once you have created and account, you can now start interacting with Bitcoin Lifestyle
Step 2: Trading using a demo account
Bitcoin Lifestyle allows you to trade with a demo account. To elaborate, a demo account is an account where you can try trading without risking your own money. This will allow potential users to test out the AI algorithm if it actually works.
Step 3: Make a deposit to your account
Now, you have created an account and got a feel of how the platform works. The next thing you need to do is make a deposit to your account so you can start trading for real. You can do this by entering your payment details and depositing the $250 minimum amount or more.
Step 4: Start Trading Now
After finishing the steps above, you can now start trading for real. However, you must first set your trading preferences and then allow the platform to execute trades. You can check the progress of your trades on your smartphone, tablet, or browser.
Is Bitcoin Lifestyle a Scam: Red Flags
Here are some red flags I have found in this platform.
Demo Account Showing Fake Results
However, there have been reports of Bitcoin Lifestyle showing users fake results in their demo account. The reason to why they would be doing this is to entice users to deposit the minimum amount of $250 expecting that they will make the same amount as their demo accounts.
This is an investment scam tactic that has actually been going on for a very long time. However, the difference is that the scammers are not showing you fake information on your demo account but on your actual account. They will entice people to give them money to trade and promise them great returns. On the contrary, the scammers will not invest your money but keep if for themselves.
Furthermore, they will also manipulate your account page by manipulating your "balance" either to lure you into investing more money or discourage you from withdrawing. They will also come up with a lot of reasons as to why you cannot withdraw your money.
So, knowing that they could be potentially showing fake results on users demo account is a red flag.
Zero Additional Fees
Now, normally this would be a great news for any investors wanting to invest in something. However, for a platform like this that promises to let you use a near perfect AI? It just smells fishy.
Even the biggest crypto exchanges has to put a small amount of fee for every transaction. This is so that they can keep operating and for maintenance on servers.
So, you should ask yourself why would they not ask for any additional fees.
Too Good To Be True Promises
Have you ever heard of the saying "If it's too good to be true then it probably is."? Well, I think it can be applied in any investment ventures that you might want to take in the future too. Unfortunately, Bitcoin Lifestyle sounds too good to be true. It claiming that it can win 99.4% of all trades is plain impossible in a market that is as volatile as the crypto market.
Fake Testimonials and Endorsements
The people that you see in the testimonials in their website are actually not real. On the contrary, the photos are taken from stock images. Plus, they are claiming that they are endorsed by celebrities and other institutions. However, looking at the internet you will fail to see such things.
Copy and Paste Websites
Surprisingly, there are a lot of websites that look a lot like Bitcoin Lifestyle. Furthermore, they also promise the same thing and function.
Bitcoin Lifestyle Pros and Cons
- Promises to educate users
- Zero Additional Fees
- Lets users use a demo account
- Expensive minimum fund requirement
- Many Red Flags
- No ratings on reputable websites online
Is Bitcoin Lifestyle a Scam?
There are a lot of other sites who swear that Bitcoin Lifestyle is a legitimate platform. However, these websites also promote Bitcoin Lifestyle. For me, I would recommend you to stay away from platforms like this. Especially, since there are no ratings and customer reviews of them from reputable websites.
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